How Corporate Internet Banking Works

Overview

QIB Corporate Internet Banking allows businesses to manage accounts, payments, and approvals efficiently through a secure digital platform.

This article explains how it works and what businesses should expect.

What Is Corporate Internet Banking?

It is a digital platform that enables authorized users to:

  • View balances and statements
  • Initiate and approve transactions
  • Manage trade finance and deposits
  • Request Services

User Roles & Authorization

Businesses can define:

  • Makers
  • Checkers
  • Approvers

This ensures proper segregation of duties.

Transaction Approval Flow

1. Transaction initiated by Maker

2. Transaction reviewed by Checker

3. Pending approval

4. Authorized approver reviews

5. Transaction executed

Benefits for Businesses

  • Faster transaction processing
  • Improved control and visibility
  • Reduced paperwork
  • Secure access anytime

Related articles