Subscribers of the M-Cube Ryanair Prepaid Programme in the UK and Ireland can now perform bank transactions through their mobile phones. 

The new service launched by M-Cube allows subscribers with Java and WMA enabled phones to check balances, request mini-statements of recent transactions, report lost cards, and carry out foreign currency transfers. Also, the cardholders can enjoy a live chat or transfer between different accounts.

The transactions are carried out through a secured SMS channel. Users are required to create a password at the onset of the application for security measures. Moreover, the application operates through a mobile number rather than a mobile phone, disabling the functions in the event any alterations are made to the SIM card.