Warba Bank's ambitious strategy is mainly based on the development and enhancement of services provided to the corporate sector and being a pioneer in this sector by providing both conventional and electronic banking solutions that support and increase its business. In order to achieve this goal, the bank is making necessary investments for the modernization of its banking tools. Recently, the bank revamped the look of its business website, providing corporate clients with many exclusive features.
The fully up-to-date website offers useful facilities including system access management, which enables corporate customers to manage its employees' access to the online banking portal. Moreover, they can add or delete privileges granted to their employees registered with the system. Through the user privileges management feature, authorized personnel can define specific roles for their employees based on their respective responsibilities in line with their role within the internal authority structure of the company. Through the "Beneficiaries" section, companies can immediately identify local and international remittance users through steps that take into account the highest levels of security. Companies can also view the statements of accounts for all their accounts with the bank and transfer funds directly. This applies to internal transfers within the bank itself as well as local transfers to Kuwaiti banks and international transfers. In addition, the new website enables companies to conduct trade finance transactions, through which they can apply for documentary credits and letters of guarantee, and to upload their employees' payrolls instead of sending hard copy files, as is currently the case in most banks.
In addition, companies who have accounts with the bank can enjoy the service by submitting a service application through their respective Liaison Officer. They simply need to fill in a form containing the company's details, provide a list of users and user details and submit a formally-signed version of the form.
Commenting on the bank's new e-service in the corporate sector, Mazen Khaled Mandani, VP of the bank's Corporate Banking Group, said: "Warba Bank is committed to its strategy of supporting the corporate sector by providing companies with exclusive benefits, especially through the bank's digital infrastructure, where considerable investment is made to develop and enhance the platform, enabling customers to efficiently conduct banking operations. Through this service, our business customers can shorten the traditional paper cycle to conduct their banking business by following simple steps on the bank's website, which has been fully updated according to the state-of-art global technological developments, now making it the preferred means for conducting banking operations."
Warba Bank is constantly developing its electronic services for all its customers in line with global technological growth in the banking sector, enabling it to be the best choice for customers at all levels.
