Payments & Channels

Reliable and Cost-Effective Payment Solutions

Reliable and Cost-Effective Payment Solutions

Manage various payments through our platforms:

Payment Options

  • Local Transfers: Utilize Fawri, Fawri+, and Fawateer systems.
  • International Transfers: Conduct cross-border payments securely.
  • Bulk Payments: Process multiple transactions simultaneously.
  • Cheque Services: Access facilities for cheques, demand drafts, and manager cheques.
  • Cards Payment: Transfer funds and payments into your corporate credit card accounts.
  • Within Bank and Self-Account Transfers: Facilitate internal transfers between accounts.
  • Support for AFAQ Payments: Process payments through the AFAQ system.
  • Single and Bulk Transfers: Perform individual or multiple payments in one transaction.
  • eCheque: Issue and manage electronic cheques for efficient transactions.

BisB Digital Banking

Comprehensive Digital Banking Platform for Business Management

Our digital banking services offer robust security, seamless transaction management, scalable solutions, integration capabilities, and enhanced productivity.

Key Features
  • 24/7 Access to Account Information: Monitor and manage your accounts anytime.
  • Secure, Password-less Login: Utilize advanced security measures for account access.
  • Mobile Application for On-the-Go Management: Approve and manage transactions from anywhere.
  • Omnichannel Access: Manage all services seamlessly via both the website and the full-featured mobile app.
  • Support for Local and International Transfers: Execute domestic and cross-border remittances with ease.
  • FX Transfers with Competitive Rates: Access favorable foreign exchange rates for international payments.
  • Bulk File Uploads for Salaries and Vendor Payments: Efficiently process multiple transactions in one go.
  • Credit and Prepaid Card Management: Pay and manage corporate card accounts seamlessly.
  • Bill Payments via Fawateer: Pay online and offline billers quickly and securely.
  • Electronic Submission of LCs and LGs: Submit Letters of Credit and Guarantees digitally.
  • Cheque Services: Request cheque books, manager’s cheques, demand drafts, and more.
  • PayPal Integration: Top up and withdraw PayPal transactions directly.
  • Term Deposit Management: Open and manage fixed-term deposits online with ease.
  • Multi-Currency Sub-Account Opening: Instantly open new current, savings, or call accounts in various currencies.
  • Customizable Transaction Workflows: Tailor approval processes to your business needs.
  • Statement Viewing and Report Customization: Access detailed account statements and generate custom reports.
Enrollment Types
  • Single Access: Execute transactions with a single user.
  • Regular Access: Dual control with a poster and an approver for added security.
  • Comprehensive Enrollment: Manage multiple companies under one e-banking dashboard with customizable setups per company.
Requirements for Enrollment
  • E-Banking Application Form
  • Valid ID for each e-banking user
  • Copy of Commercial Registration (CR)
  • Board Resolution signed by board directors (if CR lists more than one owner)
document-icon.png BisB Corporate Digital 
document-icon.png Single User 
document-icon.png Board Resolution 

BisB Digital Onboarding

Open Your Corporate Account Seamlessly via BisB Mobile App

BisB’s digital onboarding service allows businesses to open corporate accounts entirely online through the BisB Mobile Application, securely, conveniently, and without visiting a branch.

Key Features
  • Streamlined Digital Onboarding: Enjoy a tailored onboarding experience designed to suit your business type, ensuring a smooth and efficient registration process.
  • Mobile-First Experience: Initiate and complete onboarding directly through the BisB Mobile App.
  • CR-Type Based Guidance: Tailored document requirements based on your company’s legal structure.
  • Multi-Stakeholder Support: Easily collect and verify information from all partners.
  • Secure Identity Verification: Use selfie and ID scanning with Wathiq integration for secure onboarding.
  • Resume Anytime: Save your progress and resume the application within 7 days.
  • Integrated E-Banking Registration: Seamlessly transition from account opening to e-banking setup.
  • Free E-Banking Access: Enjoy complimentary access to BisB’s corporate e-banking platform.
  • ATM & Prepaid Card Issuance: Request ATM and/or prepaid cards during the onboarding process.
Document Requirements by CR Type
Individual Establishment & Sijili (Active & Active without License )
  • Owner’s selfie
  • Owner’s CPR
  • Company/Personal bank statements (post request)
Active Commercial Registrations (Partnership & W.L.L)
  • Selfie of partners
  • CPR or passport of partners
  • Memorandum of Association & amendments
  • Board Resolution
  • Company bank statements
Active Without License (Under Formation – Partnership & W.L.L)
  • Selfie of partners
  • CPR or passport of partners
  • Memorandum of Association & amendments
  • Board Resolution
  • 6 months’ bank statements of all partners
  • Company profile
Step-by-Step Onboarding Process
  1. Launch the BisB Mobile App, go to the Corporate Tab, and select “New corporate to BisB? Resume application”.
  2. Read the instructions and click Next.
  3. Enter your CR and branch number, then click Next.
  4. Verify your mobile number via OTP.
  5. Verify your email address via the link sent.
  6. Accept the Declaration and Terms & Conditions.
  7. Select ID type, accept Selfie Authorization and Wathiq Consent, scan ID, and take a selfie.
  8. Complete partner details by scanning their ID or sending them a prompt to scan.
  9. Upload all required documents.
  10. If under formation, accept the relevant consents.
  11. Complete the PEP Declaration.
  12. Complete FATCA & CRS questions.
  13. Submit the original Board Resolution to the nearest branch.
  14. The bank will review and process your application.
  15. Once approved, receive confirmation via email and SMS.
  16. Reopen the app to resume the application and verify your identity.
  17. Complete the E-banking registration.
Important Notes
  • Only authorized persons may initiate the onboarding process.
  • A Board Resolution template will be sent to your verified email after completing the risk profiling.
  • The Board Resolution must be signed by all partners on the first and last page.
  • The application will only be reviewed once all partner IDs and the original Board Resolution are submitted.
  • You can resume your application within 7 days if you exit before completion.

BisB Host to Host

Automating Financial Processes through ERP-Banking Integration

Our host-to-host solution enables seamless integration between your ERP, financial, and internal systems with BisB Corporate Digtial Banking.

Key Benefits:
  • Automation: Saves time on manual initiation.
  • Real-Time Data: Improves liquidity management.
  • Scalability: Suitable for all business sizes.
  • Reconciliation: Easier reconciliation with ERP and E-banking dashboard.
  • Security: Digital certificates for authentication.
  • Efficiency: Faster payment processing.
Key Features:
  • 24/7 Availability: Continuous access to banking services.
  • File-Based and API Integration: Seamless connection with your systems.
  • Encrypted File Transfers: Secure data exchange.
  • Support for Various File Formats: Compatibility with multiple data types.
  • Straight-Through Processing: Efficient transaction handling with feedback mechanisms.
  • Authorization Process Options: STP (direct in ERP), Hybrid (ERP up to a limit, then E-banking), and E-banking (full authorization in E-banking).
  • Email Alert Management: Customizable notifications for important activities and update