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Suspended money transfer agency InnBucks, says it is talking to the regulator after the Reserve Bank of Zimbabwe suspended its operations.
The Simbisa-owned company said on Thursday, “InnBucks has been and remains engaged with the regulator in respect of its ADLA license. Regrettably, an impasse has occurred in respect of which the Simbisa Board is engaging the regulator with a view of achieving a speedy and amicable resolution.
Pending further statements, we assure you that funds held in the InnBucks accounts remain secure and all product purchases and cash withdrawals will be honoured as per regulations.”
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The RBZ ordered an immediate cessation of the increasingly popular product’s services on Wednesday over licensing irrecgularities.
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