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Bank of Beirut Pioneers Online Business Banking

02/06/2014
Bank of Beirut Pioneers Online Business Banking

Bank of Beirut: The first bank on the Lebanese market to offer Business Banking Solutions to companies.

Committed to offering the best to its customers and keeping up with modernity, Bank of Beirut has launched a complete range of cash management products and solutions intended to maximize clients’ resources and facilitate their daily operations. Thanks to Business Online Banking, Business Pay Cards, Electronic Payroll Service, Demand Draft, and Business ATM Deposit Card, Bank of Beirut meets and even goes beyond the demands of individuals and corporates.

Business Online Banking, easy and secure, is a system that controls access to account inquiries and transaction initiation, and allows to wire money to any destination in the world and issue SWIFTs online, pay salaries in real time through the Electronic Payroll Service, request cheque books, open letters of credit, all in a click no matter the time or the place.

Business Pay Cards enable companies to process payments to their suppliers, traders, unbanked staff, or other beneficiaries by transferring the proceeds to prepaid cards especially issued for them. It was also used by NGOs to support refugees in Lebanon by distributing pay cards to be used on selected POS machines to purchase food and certain goods.

Port Bill payment converts cash transactions from paper to real time electronic payments anytime and anywhere. Settling A,B,C, and T port bills online is easy and an instant notification is sent to track the processing on the Business Online Banking Platform.

“Demand Draft” does not only help with Customs fees, but also allows to request a Banker’s Cheque online, specify the delivery instructions as well as the branch to be collected from.

The Business ATM Deposit Card allows the client and his employees to deposit cash and cheques anytime of the day at all Bank of Beirut Cash and Cheque Deposit Machines and instantly track the funds processing while employees are performing deposit transactions.

“We are very happy with the great response received from our customers in Lebanon and we will continue to anticipate further increase in the products we offer while providing customers with a first-class very high service level agreement,” says Bassam Lteif, Transaction Banking Manager at Bank of Beirut.

Following the great success in the Lebanese market, Bank of Beirut will launch its cash management services in the Sultunate of Oman too.

For more information regarding Bank of Beirut Internet Banking solutions for companies, customers may visit Bank of Beirut website or call 1262, the 24/7 customer service of Bank of Beirut.

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