Ecobank Sierra Leone Mobile Banking

By | June 17, 2021
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Ecobank Sierra Leone Mobile Banking

Ecobank Sierra Leone Mobile Banking: Ecobank Mobile powers a wide range of solutions for your mobile and digital devices that are fast, safe and easy to use. And we’re continually developing new technology that brings banking to you wherever, whenever.

Ecobank MobileMoney

The power to send

MobileMoney from Ecobank lets you send and receive money, make payments and buy airtime. It’s a clever electronic wallet that lives on your phone and links your mobile quickly and safely to all your banking transactions.

Key features:

  • Deposit and withdraw money
  • Send money to friends and family for them to redeem at our agents
  • Receive money
  • Purchase airtime
  • Pay for bills, goods and services
  • Check your account
  • Agents and small businesses can make collections electronically

Mobile Banking via USSD

The power to bank at your fingertips

Now with Ecobank Mobile Banking you can do all your banking on your mobile phone. Ecobank Mobile Banking is currently available in Nigeria, Kenya, Tanzania and Uganda.

Key features:

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  • Make instant transfers
  • Check balances
  • Pay bills
  • Read mini-statements
  • Buy airtime

Ecobank Mobile Banking App

Instant and easy mobile banking means more power for everyone

Join the digital revolution – with the Ecobank Mobile app.
More Choice. More convenience.

Download our Mobile Banking app

Google Play or App Store

Whoever you are or who you bank with, everyone can enjoy our instant digital services:

  • As a CASH customer you can make the most of your money to SEND, PAY, SHOP or GO XPRESS by opening an account instantly on your mobile phone
  • As an ACCOUNT customer you can also SEND, PAY, SHOP, Go XPRESS as well as do your banking on your accounts
  • As a CARD customer – anyone with a VISA or MasterCard from any other bank – you can also enjoy our instant services.

SEE ALSO:

Sierra Leone’s banking system is overseen by its central bank, the Bank of Sierra Leone and twelve commercial banks operate in the country.

All commercial banks are headquartered in Freetown. Accounts can be held in foreign and domestic currencies. While automatic teller machines are available in Freetown and other parts of the country, credit cards are not widely accepted. Transfers of over US$10,000 in value must be sent through the banking system with the objective of ensuring transparency.

Banks cannot lend in foreign currencies, which is a limitation on local business expansion. This can in turn impact the supply chains of large foreign-run businesses.

Currency can be freely converted in Sierra Leone, subject to availability. The Leone is not pegged to a foreign currency and has a floating exchange rate. The Leone has been subject to depreciation since mid-2014 due to declining inflows from the mining sector and, from mid-2015 onwards, a winding-down of Ebola-related donor inflows. Accordingly, the official US$/SLL exchange rate has moved from approximately Le 4,310 in August 2014 to approximately Le 8,600 in February 2019. Typically the US dollar trades in the unofficial, parallel currency market at a premium of 5-10% to the official exchange rate. The continued dollarization of the economy affects the exchange rate.

 

This is a list of commercial banks in Sierra Leone

 

 

Commercial banks

Sierra Leone Commercial Bank (SLCB)

Standard Chartered Bank (Sierra Leone)

Rokel Commercial Bank

Guaranty Trust Bank (Sierra Leone)

Union Trust Bank

First International Bank

FBN Bank Sierra Leone, formerly International Commercial Bank

Access Bank Sierra Leone

Ecobank Sierra Leone

Skye Bank Sierra Leone

United Bank for Africa (UBA) Sierra Leone Main Page

Zenith Bank Sierra Leone

Keystone Bank Sierra Leone

Bank of Sierra Leone

 

Community banks

Mattru Community Bank

Segbwema Community Bank

Yoni Community Bank

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