Arab Bank’s international network is uniquely positioned to cater to the account management and payment requirements of its corporate clients.
Arab Bank offers safe, fast and remote access to real-time balances and account information, with the ability to manage local and global payables and receivables, liquidity management and reporting requirements rapidly and effectively through its Cash Management online platform – ArabiConnect – which provides a suite of cash management services.
Account Management and Reporting
Balance and transaction reporting
Intra company account management
Management of multiple holding company accounts
Retrieval of account statements
Cash and Liquidity Management
Multiple account liquidity management
Excess fund management
Domestic and international single/bulk payments
Domestic and international draft cheques
Foreign exchange rates services
Dividends distributions services
Multiple cheque solutions
Multiple currency cheques
Bank draft services
A diverse set of payroll solutions and services
Corporate Credit Cards
A diverse set of corporate credit card solutions
Collection and Reconciliation
Direct debit and multi-collection service
Extensive reporting capabilities
The Member Administered Closed User Group Service (MA-CUG) is an independent, separate SWIFT service and communication channel that enables corporations to communicate with their banks through the SWIFT network.
Arab Bank offers a comprehensive set of integrated trade finance services that are well-equipped to cater for our clients’ trade financing needs and to capture cross-border and domestic trade flows. Our services are enriched by our global network, understanding of local markets and in-depth trade expertise, making us a reliable partner to clients worldwide.
Arab Bank’s unique offering is further complemented by the Bank’s commitment to invest in electronic platforms that offer our clients effective means for in-time processing and rapid management across various trade products. The Trade Finance platform – ArabiConnect – is a powerful way to bank that groups trade finance functions, all in one place.
Import/Export Letters of Credit
A complete management solution for import and export letters of credit
Create applications and amendments
Inward/Outward Letters of Guarantees
Issue local and international guarantees in multiple currencies
Create applications and amendment requests
View information and details of transactions
Instructions to accept, reject and/or settle documents
View inward collection details, payment terms and related amendments
Arab Bank’s strong global reach provides an interconnected platform constantly evolving to support and meet client requirements.
Global Network: Corporate services are available across Arab Bank global network of more than 600 branches, spanning five continents. Through designated service desks and relationship managers, Arab Bank is committed to service quality of the highest standards, meeting and exceeding clients’ expectations across all branches, locally and internationally.
Corporate Service: A team of specialized client service representatives are available to assist with corporate inquiries.