Banco do Brasil launches financial transactions via WhatsApp

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Brazil’s oldest bank has introduced a series of transactional services to consumers through WhatsApp.

Banco do Brasil (BB), the country’s largest bank by assets, is rolling out 11 types of transactions via the messaging tool, including access to balances of current and savings accounts, money transfers, mobile phone top-ups and generation of credit card statements.

The phased rollout will see the introduction of the WhatsApp portfolio to 500,000 clients a week. The government-owned bank expects that the entire client will be able to use the services within the next few weeks.

In order to use the service, clients have to save the bank’s telephone number and start a conversation. For balance checking, a confirmation code will then be sent over

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