Suez Canal Bank has launched its “SCB Business” mobile banking app, designed to serve businesses of all sizes.
The launch marks a new step in the bank’s efforts to advance its digital services and strengthen its role as an integrated banking partner that addresses clients’ diverse needs and supports their businesses at every stage of growth.
Through a single app, companies can access a wide range of banking services needed to manage their day-to-day transactions easily and securely, anytime and anywhere.
The launch of the “SCB Business” mobile banking app builds on the bank’s ongoing development of digital solutions for corporate clients, following the launch of its “Corporate Internet Banking” platform, which enables companies to manage their accounts and banking transactions efficiently, quickly and securely around the clock.
Together, these digital channels provide businesses with greater flexibility in managing their day-to-day needs and accessing the bank’s digital services through multiple channels based on their requirements.
The “SCB Business” mobile banking app provides a comprehensive view of companies’ transactions with Suez Canal Bank, allowing users to monitor account activity, review financial transactions, and view details of certificates, deposits and loans, as well as track credit card balances.
This gives business owners and those managing their companies greater ease and flexibility in monitoring transactions and financial obligations and making financial decisions more efficiently.
The app also enables instant transfers to local banks in Egypt through the Instant Payment Network around the clock. It also allows transfers between a company’s own accounts, transfers to other Suez Canal Bank clients, and EGP transfers to accounts at other local banks.
In addition, the beneficiary management feature makes business-related payments and transfers easier and more secure.
The services available through the “SCB Business” mobile banking app also extend to companies’ financing needs. The app allows companies to check their eligibility for financing and the maximum financing amount available to them, based on their financial data and the bank’s credit terms and policies.
This helps connect businesses with financing solutions that meet their needs and support their growth.
The “SCB Business” mobile banking app combines easy, round-the-clock access to business accounts with fast execution of day-to-day transactions, supported by advanced security and authentication measures to safeguard transactions.
This provides an integrated digital banking experience that brings a company’s accounts, payments and banking transactions together in one place.
In this context, Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, said: “The launch of the ‘SCB Business’ mobile banking app marks an important step in the bank’s digital transformation strategy and our efforts to develop integrated banking solutions that meet the evolving needs of large, medium-sized and small businesses.”
He added: “We aim to build relationships with our business clients that extend beyond financing, offering an integrated suite of solutions and services that brings together their financing needs with the management of their accounts, payments and banking transactions.
“This helps them manage their businesses more efficiently and securely, while supporting their growth and expansion plans.”