NCSL unveils ‘save bal’ service

NASFUND Contributors Savings & Loan Society (NCSL) has announced the introduction of “save bal”, its latest service to members using cell phone technology.
NCSL chairman and joint-chief executive officer for Nasfund Ltd Ian Tarutia last Friday announced at a press conference that NCSL members were now able to access their savings and loan balances through cell phones linked to the Digicel network.
“Our savings and loan facility is a perfect complement for superannuation savings,” Tarutia said.
“It encourages longer retention of retirement savings in side super as it takes care of the usual financial commitments such as school fees or customary obligations that our members face daily.”
Tarutia also said it was expected that questions in Nasfund offices nationwide would drop significantly as 50% of enquiries were related to account balances.
He also acknowledged the support of its strategic partners, Pacific Wealth Management, Sterling Systems, DataNets and Digicel which made it possible for NCSL to introduce this innovative service.