Corporate Online Banking
Corporate Online Banking
Corporate iBanking allows an easy and convenient way to do online banking from the comfort of your office via fingertips at any time/anywhere by offering maker/ checker concepts.
User who creates and initiates the transactions
User who authorizes the transactions created by Makers
User who can carry out transactions without requiring authorization from Checkers
View Only/ Enquirer
User who can only view and check accounts activity and balances but does not have the role of creating transactions nor authorizing transactions
Features & Benefits!
Convenient and simple solution for your bulk payments to your supplier or employee anytime via Corporate online banking.
- Securely facilitate your data preparation and transfers
- Enjoy the convenience of being able to make payments on weekends and holidays
- Reduce your workload and operation costs
- Increase operational productivity
- Decrease the risk and margin of error in funds disbursements
|Feature||Old||New Payroll||New Supplier Payment|
|No. of fields in Bulk File||13||3||7 (4 optional Fields)|
|Bulk File Type||CSV,Notepad||Excel||Excel|
|Bulk File Preparation||Not user Friendly||Super Easy||Super Easy|
|Beneficiary Account Verification||X||√||√|
|Payment Notifications (SMS & Email)||X||√||√|
|Improved UI & UX||X||√||√|
|Improved Performance for thousands of payments||X||√||√|
|Consolidated payment & charges deduction (SDMC _Single Debit for Multiple Credits)||X||√||-|
|Improved Bulk Transactions Report||X||√||√|
|Informative Error Messages||X||√||√|
|Better Visibility of Beneficiary details for Checkers during Authorization||X||√||√|
Requirement To Sign Up
- Corp iBanking Application Form
- Company Registration Card
- Form-6, Form-26
- BOD Resolution (Original)
- NRC/Passport of makers/checkers
- Company Stamp/ BOD Stamps (to be used on iBanking Application Form)
Balance, Activity, Acc statement, Term deposit activity
Own account transfer, Internal account transfer, Multiple internal transfer, Standing instruction, Beneficiary registration
Electricity bill, QuickPay online bill payments, Mobile top-up
Bulk payment: payroll or supplier payments, Bulk file view
Check transaction status & history, Checker Authorization
Cheque book request, Cheque status, Users limit, Acc nicknames, Acc statement request
Currency exchange rates
If you want to know more, please contact the following address.
Contact: Transaction Banking Department
KBZ Bank Limited.
No. 4 (MS-4), Kandawgyi Villa (Level-9), BldgProject, Upper Mandalay Road, Mingalar Taung Nyunt Township, Yangon, Myanmar.
Tel : +95 1- 370513/14