Corporate Internet Banking

Corporate Internet Banking

VeriChannel Corporate Internet Banking allows banks to serve their commercial & corporate customers through one portal via a "virtual branch".  
It provides a highly secure and customizable approval flow with flexible authorization levels.

Key Features

  • transaction approval icon

    Transaction Approvals

    • Ability to define approval rules based on transaction amount, account, and beneficiary
    • Ability to obtain approvals on transaction from authorized person both for the client and bank side - maker/checker workflows
    • Ability to hold and release transactions during approval process
    • Ability to provide a graphical display of the approval process
    • Ability to give approvals on mobile-based devices

  • cash management icon

    Cash Management

    • ​​​Ability to upload an excel file containing details of intra-bank and domestic payments for processing and support single debit, multiple credit on a specific date which enables "Bulk Payment"
    • Ability to provide an easy way to enter multiple transfer details in single page
    • Ability to define employees working in the company for the purpose of "Payroll Payments". Confirm the payments to many employees in one easy step
    • Ability to download an Excel file to keep track of the successful and unsuccessful transactions

  • administration icon

    Delegated Administration

    • Ability to provide an admin user functionality for each SME client enrolled to Internet Banking to perform administrative tasks
    • Ability to define employees as sub-users and enrol them to Internet Banking
    • Ability to set limits for different transactions for each user/role enrolled to Internet Banking
    • Ability to restrict access to transactions and functionality

  • transfers payments icon

    Transfers & Payments

    • ​​Ability to make fund transfers between a customer's own accounts in the bank
    • Ability to make fund transfers funds between different customer's accounts within the bank
    • Ability to make fund transfers to an account at another bank in the same or different country
    • Ability to set up standing order instructions for automatic transfers
    • Ability to notify customers with SMS and E-mail notifications

  • trade icon

    Trade Finance

    • ​​Ability to make an inquiry on an existing trade finance portfolio
    • Ability to search for existing/past finance products

Corporate Internet Banking - Screenshots

Request a live demo

Request a live demo and let us show you how VeriPark's Corporate Internet Banking solution provides a highly secure and customizable approval flow with its flexible authorization levels.