SIB launches digital banking services for corporates

Sharjah Islamic Bank (SIB) has announced the launch of its corporate digital banking services, providing an integrated banking experience characterized by speed, flexibility and security.

Rahma Mohammed Al Shamsi, Head of Corporate Banking Group, Sharjah Islamic Bank, said that it is part of the bank’s efforts to enable companies to obtain an integrated digital banking experience, allowing them to benefit better and more easily in accessing services, without the need to visit branches, such as completing transactions electronically with multi-step authentication and in the process enrich the banking experience of corporate users and enable them to conduct transactions easily and securely.

Al Shamsi pointed out that the exceptional circumstances imposed by the COVID-19 pandemic have created new challenges in corporate banking, especially for small- and medium- enterprises, to access digital banking services easily and smoothly, in order to provide facilities that enable them to continue their business and transactions remotely, as well as to obtain flexible banking services.

By launching the new digital services for the corporate sector, the bank has succeeded in expanding its range of services in order to provide an integrated and comprehensive digital experience for the bank’s current and future customers via the internet and mobile phone.

Waleed Al Amoudi, Head of Digital Banking at Sharjah Islamic Bank, said that corporate digital banking includes many services that can be accessed around the clock and from anywhere, such as current accounts, term deposits, trade finance, documentary credits and guarantees as well as remittances, bill payments, commercial licence update, salary transfer, approvals, cheque book requests, commercial facilities and other requests.

Al Amoudi added that Sharjah Islamic Bank is keen to provide the highest levels of security in its modern digital banking services based on biometrics technology that allows the possibility of identifying the user through fingerprints or facial recognition.

The bank has also developed an interactive model for customers to ensure the provision of a comprehensive and integrated digital service to customers.