Heritage Bank Appointed Revenue Collection Bank By Lagos State

Heritage Bank has been appointed as a
Lagos State revenue collection bank using
the Lagos State Electronic Banking System
of Revenue Collection and Monitoring (EBS-
RCM) payment platform. This is coming on the heels of similar
mandates from other corporate
organisations and institutions such as the
Nigerian Customs Service, Oyo State
Government, PHCN Eko Distribution, PHCN
Ikeja Distribution and DSTV/Multichoice. The Lagos State Mandate empowers
Heritage Bank to receive from the public on
behalf of the state, payments, fees and
levies such as withholding tax, PAYE,
Ministerial Miscellaneous, Land Use Charge,
Business Premises Registration Charge, Capital Gain Tax, Tax on Account in Hotels,
Tax on drinks in bars, Tax on other
transactions, Vehicle licensing/fine/fees
and FRSC Number Plate fees, among others. With its recent globally acclaimed 50-day
world record successful deployment of the
Finnacle 10 banking software as well as
other on-going massive investment in
building a nimble electronic banking system
backbone, Heritage bank has remained at the forefront of effort to establish a robust
branchless banking and highly technology-
driven economy, while promoting business
efficiency across many frontiers. Commenting on the significance of the
Lagos State Mandate and others like it,
Heritage Bank’s Executive Director, Niyi
Adeseun noted that “Heritage Bank
commenced operations March 4, 2013 with
a philosophy to offer banking services with guaranteed convenience riding on the
platform of simplified service innovation,
leading technology solutions and
experience driven relationship
management. Our corporate vision captures
the essence of our institutional aspiration of creating, preserving and transferring
wealth across generations. As a niche Bank that is established on the
premise of innovation, partnership and
sustainability, the various mandates are
strong testimonials to the direction in which
the bank is headed”. Speaking further, he said, “As a timeless
wealth partner that seeks to help our
customers build, transfer and preserve
their wealth, we are committed to ensuring
that through all the various mandates, we
not only deliver maximum value but more importantly, revolutionise how duties, tolls
are collected in the country. The paying
public will enjoy more ease, zero time
wasting and absolute support that our
highly technology driven environment and
systems are built around”. [Vanguard]