LiteFinance has announced the introduction of a new, tailored deposit and withdrawal service specifically designed for traders in Ghana, Kenya, and Nigeria. The service offers enhanced convenience with local bank transfers and mobile payment options, aiming to provide seamless and secure transactions for clients in these regions.

The new banking service allows traders from Nigeria to use bank transfers for both deposits and withdrawals in their local currency, NGN. Additionally, traders in Kenya and Ghana can now make deposits and withdrawals using mobile payment systems in their respective currencies, KES and GHS. This localized approach is part of LiteFinance's commitment to improving the trading experience for its clients across Africa by providing accessible, secure, and cost-effective transaction options.

To accommodate traders of all levels, LiteFinance has established a flexible range of deposit and withdrawal limits:

- Ghana: Minimum deposit of 163.50 GHS and maximum deposit of 40,000 GHS. Withdrawals range from 29 GHS to 2,000,000 GHS.

- Kenya: Minimum deposit of 1,290 KES and maximum deposit of 250,000 KES. Withdrawals range from 80 KES to 250,000 KES.

- Nigeria: Minimum deposit of 1,000 NGN and maximum deposit of 50,000,000 NGN. Withdrawals range from 100 NGN to 50,000,000 NGN.

These limits ensure that both small-scale and high-volume traders have options suited to their financial needs.

In addition to the new payment methods, LiteFinance is offering competitive transaction fees. Deposits in Ghana are completely free, as LiteFinance covers the costs as part of its loyalty program. For withdrawals, the fees are modest:

- Ghana: 6 GHS per transaction.

- Kenya: 70 KES per transaction.

- Nigeria: 100 NGN per transaction.

With the introduction of this service, traders in Ghana, Kenya, and Nigeria can enjoy several advantages, including:

- Convenient and secure transactions through local banks and mobile payment platforms.

- Competitive exchange rates ensuring cost-effective transfers.

- Zero deposit fees in Ghana, further reducing trading costs.

LiteFinance’s new banking service demonstrates the company’s commitment to providing clients with a smooth and efficient trading experience, tailored to local needs. Traders are encouraged to reach out to LiteFinance’s customer support team for any inquiries regarding the new service.

With these enhanced local banking options, LiteFinance is taking a significant step towards ensuring a seamless trading experience for clients across Africa.