From October 1st next Tuesday the Fiji National Provident Fund will make all Payments electronically to its members and vendors.
FNPF CEO-Jaoji Koroi says this is part of the funds efforts to shift its process to digital platforms to boost efficiency, improve accessibility, and allow for greater convenience for members.
Koroi says all fund payment will be done through Electronic Funds Transfer
He says 90% of the funds payments are remitted electronically however there are exceptions for those who don’t have bank accounts.
As part of the changes their Payment Processes, they will no longer print or distribute cheques.
Members are encouraged to open their bank accounts to ensure that payments for any withdrawal assistance they access, are paid directly to their accounts.