Have you ever had this conversation?
“Mom/Dad, don’t worry but I had a little problem tonight… Could you send me some money? I promise I’ll pay you back.”
If you have had a situation similar to this, a quick and easy way to move that money is through Sabal Palm Bank’s Mobile Money. Simply send an invitation, to that child you love, to accept funds from you. If they accept, the funds move through our financial services secure ACH network.
Mobile Money offers two options:
- Account-to-Account: where you know your own and your child’s account information.
- Person-to-Person: where you send a message via the phone or email. All you need is an email address or mobile phone number.
Want to know the best part of this scenario? Your child was fine and through Mobile Money, you can request the funds back! Simply send a message through the same channels, email or text, and explain that little problem you helped with ‘was a loan not a gift’ and the time has come for repayment.
Call one of our Sabal Palm Bank representatives for more information on Mobile Money.