REQUIREMENTS FOR

POMBANKING UPGRADE TO
FINABANK APP
Details of what will be required for Migration of
Pombanking Users into FinaBank App

Abstract
This document is prepared by Silicon Gate Software Ltd partners to Super Digital Data Solutions

Princeton Omo
princeton.omo@silicongatesoftware.com
30TH January 2023

Attention:

To all MFB/MFI,

Dear Sir,

REQUIREMENTS FOR MIGRATION INTO FINABANK Cloud Platform

As the subject refers please.

Welcome again into 2023, we are pleased that you are using our platform PomBanking which we
are retiring very soon DUE TO ITS UNCONTINUITY in meeting current technological demands as
we move to onboard all clients into our partner platform FINABANKAPP.

The migration will go through some phases to make the adoption easier without problems and
stage by stage. The steps will include the following:

a. Setting up of your bank website, Internet Access and Finabankapp Cloud platform &
Registration Applications
b. Migrating your data into the Finabankapp
c. Training of your Staff on the Finabankapp
d. Parallel operations of Finabankapp and Pombanking For 1-2 weeks for adaptation and
reconciliation
e. Launching of Customer Portal, bank website and Mobile App
f. Online platforms & payment gateway integrations

Attach is the requirement document that will apply for the migration.

Thank you and have a blessed day.

----------------------------------
Princeton Omo
For SDDS Ltd
REQUIREMENT DETAILS
A HARDWARE
BY US BY YOU Cost
Existing Server – your local server can serve
as back up and will be setup
Your Workstations

Optional Tablets – you can buy tablets for

your management staff for approvals if they
are not in the office
FingerPrint Scanner for BVN – For Will be
customers provided
upon request
Time attendance Device – reports #170,000
attendance and field location of
staff/marketers real time and from their
phones (Optional)

B NETWORK
BY US BY YOU Cost
Interconnected LAN – All your systems
should be interconnected on your Local
Area Network
A Primary Router with Internet – you can
use the best network 4G router in your area
(MTN/AIRTEL/GLO/ETISALAT)
Secondary Router & Second SIMM – you
should have an alternative 4G router pre-
configured with bank network credentials in
case of Primary Router failure
Network enabled Printer – configure one or
more printers on the network for network
access printing. If unavailable we shall
handle it. (Optional)
C CLOUD HOSTING
BY US BY YOU Cost
Shared Cloud Server Hosting – the cloud bank Will be
software platforms and your data will be hosted provided
on a cloud accessible via a url by your staff and
customers. This attracts a monthly fee. This fee
is charged on customers as monthly access fee.
Amount will be determined by you and us and
the percentage.
Back up on Local Server – your data will be
backup locally.
Optional Online backup – In case you will need Will be
online backup of your data on a remote online provided
drive based on access fee. (Optional)
Security and Support – these feature will be Support fees
part of our support and maintenance may apply

D Bank Website
BY US BY YOU Cost
Domain name provision – You should #10,000
provide us the name you wish to use for
example (www.mybankname.com OR
www.mybankname.com.ng )
Website design – We shall design your bank #100,000
website using the details provided by you.
Customers will be able to access their
account via your website
Website hosting – 1 Year your website #30,000
hosting and domain name attracts a yearly
fee
Security and Support – these feature will be Support fees
part of our support and maintenance may apply
WEB SITE DESIGN REQUIREMENTS –
a. Company Information
b. Full name of Bank with your logo - information about the Bank
c. brief history of the bank - list of Management team and
pictures(optional)
d. Official statement from the CEO or Chairman
e. Product/Service provided by the bank - bank line of business and Activity
f. brief information on each of the products/services being provided
g. Company News/Blog information (events covered the last 1-2 years by the
bank)
h. Events video available can be used - Contact Information of the
Bank(addresses, email, mobile contacts)
i. Forms for downloads accessible to the Public

E TRAINING
BY US BY YOU Cost
Staff Training of the Platform – 3-4 days 50,000
Training of the new platform. Will require +
providing accommodation of our staff, Transport
transportation to your bank and out of +
station allowance. 5 days
lodging
Availability of Internet on the premise –
You will be required to provide online
access to the cloud platform during the
training.

F CHANGEOVER
BY US BY YOU Cost
Data Migration – after the initial data 100,000
migration, training and daily test posting for
1 week, a cut-off date will be set when the
change over into the new system will be
executed.
Change-over date – date set to start using
finabank app and discontinue pombanking
G CUSTOMERS/MARKETERS
BY US BY YOU Cost
Device Access with for Customers -
Customers will be able to access their self-
service platform to check their balance,
view transactions, perform online
transactions, buy airtime etc.
Web Access/Mobile Access – marketers will
be able to access the platform perform
various types of transactions

H MOBILE APP
BY US BY YOU Cost
Mobile App Hosting – Your bank Mobile #100,000
app access for download by customers.
(One of Fee)
Usage of Online access charges – we shall
agree with the bank the online access fees
by customers as a monthly fee. This is
because the customers would have to use
these channels every time.

I CHARGES
BY US BY YOU Cost
Bank Charges – For these additional
features, the bank shall work out their
charges per online transactions and monthly
charges on customers as service charge.
Access Charges – we shall agree with the
bank the online access fees by customers as
a monthly fee. This is because the
customers would have to use these
channels every time.

I ONLINE ACCOUNTS REQUIRED (We shall

provide guides and forms)
BY US BY YOU Cost
OPAY ACCOUNT – to enable online
transactions via your OPAY account
 FLUTTERWAVE/PAYSTACK ACCOUNT – to
enable online transactions via your
Flutterwave/Paystack account
CREDIT BUREAU ACCOUNT API – Required
to integrate Credit Bureau API for your
access
NIBBS APPROVAL LETTER AND ACCOUNT
API – BVN, Online Transactions etc
ICAD/FRCN REGISTRATIONS – as required
by CBN
OTHER PUBLIC SERVICE REGISTRATIONS

REQUIREMENTS FOR NIBBS REGISTRATION AND ACTIVATION

BENEFITS OF THE PROVISION

GLOBAL REACH OF CUSTOMER BASE
GLOBAL ACCESS OF CUSTOMERS FUNDS THROUGH THE E-CHANNELS
FLEXIBILITY FOR CUSTOMERS AND EASE OF DOING BUSINESS WITH YOU
ONLINE ACCESSIBILITY LIKE OTHER BANKS AND MFI
INICREASE REVENUE THROUGH ONLINE TRANSACTIONS AND CHARGES
MORE SECURED ENVIRONMENT
REALTIME ACCESS AND CLEARANCES
REGULATORY BODIES ADAPTATION
STAFF/MARKETER TRACKABILITY AND REAL-TIME ACTIVITY REPORTING
BACK OFFICE OPERATIONS AUTOMATION
PROMOTE INCREASE OF CUSTOMERS
PROMOTE HEAVY INCREASE OF TRANSACTIONS
 DETAIL COSTS INVOLVED
ITEMS Cost (#)
1 Bank Website Design 100,000.00
2 Bank Website hosting & Domain name 40,000.00
3 Cloud hosting Charges For bank app Access Fees will cover
4 Mobile App For Download by customers 100,000.00
5 Migration 100,000.00
6 Bank License on Software Usage Charges Maintained
7 Staff Training 50,000.00

----------------------------------
Princeton Omo
For SDDS Ltd