Bank of Beirut held in partnership of the World Health Organization and BoB Finance a webinar for local and international NGOs, introducing the Bank’s suite of electronic solutions tailored to NGO businesses.
The online event that took place on November 12, 2020 featured speakers from Bank of Beirut - Mr. Bassam Lteif, the World Health Organization – Mrs. Hala Habib and from BOB Finance Mr. Michael Abdel Noor. Moreover, Caritas and Relief International representatives shared testimonials on how Bank of Beirut solution helped them reach out to people in need.
Upon enrollment to Bank of Beirut channels tailored for NGOs, the latters will have the possibility to receive donations into their account and collect directly all donations sent online or through card payments. The platform allows also to collect regular contributions from the donors’ accounts through a simple Direct Debit process. Aids can also be distributed through pay cards to unbanked beneficiaries in order to avoid cash handling and associated risks. NGOs can also benefit from cash over the counter payment services available at BoB Finance 700 outlets in Lebanon, allowing them to make online bulk payments to beneficiaries in all regions.
It is to be noted that Bank of Beirut ATM and Branch Network enable full access to fresh funds through cash withdrawals and international payments. More importantly, all third party payments within Bank of Beirut will benefit from same privileges when executed from a Fresh Funds account.