Transactional Channel - Business Online
To meet global demands, Standard Bank offers Transactional Channels, including Business Online (BOL), a comprehensive digital tool addressing multiple business needs on one platform. This gives you more time, increasing productivity and driving business growth.
Value Propositions
Single Sign-On
You have instant access to your entire Standard Bank/Stanbic portfolio anytime, across multiple countries and currencies with a single set of credentials.
Role Based Profiles
Divide responsibilities and limit access to sensitive information. This ensures better control over financial transactions, maintains confidentiality, and ultimately improves the overall quality of business operations
Easy Navigation
With its intuitive design and user-friendly interface, you can easily access key account information, including consolidated balances, account overviews, and cash flow analysis. The faster loading times and reduced number of clicks further improve efficiency, allowing you to navigate and perform tasks more quickly and effectively.
Secure Platform
Our platform is secure. An advanced security feature known as two-factor authentication requires users to provide two passwords – your own password and a digital sign-in process using biometrics and QR codes.
Our Offering
BOL to Wallet
With real-time processing and a quick turnaround time, you can ensure swift and efficient payments. The platform supports large-scale transactions with its ability to upload up to 10,000 beneficiaries in a single batch. Bol to Mobile Payments also prioritizes security with its customer authorization matrix and basic KYC checks, safeguarding your transactions. Additionally, the platform provides flexibility with customizable reports and a convenient refund process for errors.
Local and International Online Payments
You can make local or international payments in various currencies, and choose between same-day, future-dated, or RTGS/SWIFT transactions. Future-dated payments are held securely until the specified date. You have the flexibility to use your own account or subsidiary accounts for transactions. For cross-border payments, you can access indicative rates online or utilize negotiated rates from our Global Markets team.
Host to Host
File upload automates cash book balancing and EFT file generation, while auto reconciliation simplifies bank statement reconciliation. Host-to-host connectivity provides a seamless solution for high-volume data transfer between banks and corporate clients, ensuring secure and efficient information exchange of payments, direct debits and statements.
Direct Debit Orders
By automating the direct debit process, they can improve cash flow and simplify budget planning. The secure and automated systems ensure efficient transactions, while detailed unpaid reports aid in client management. Additionally, the bulk upload functionality streamlines the process for handling multiple transactions.
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Our Offering
BOL to Wallet
With real-time processing and a quick turnaround time, you can ensure swift and efficient payments. The platform supports large-scale transactions with its ability to upload up to 10,000 beneficiaries in a single batch. Bol to Mobile Payments also prioritizes security with its customer authorization matrix and basic KYC checks, safeguarding your transactions. Additionally, the platform provides flexibility with customizable reports and a convenient refund process for errors.
Local and International Online Payments
You can make local or international payments in various currencies, and choose between same-day, future-dated, or RTGS/SWIFT transactions. Future-dated payments are held securely until the specified date. You have the flexibility to use your own account or subsidiary accounts for transactions. For cross-border payments, you can access indicative rates online or utilize negotiated rates from our Global Markets team.
Host to Host
File upload automates cash book balancing and EFT file generation, while auto reconciliation simplifies bank statement reconciliation. Host-to-host connectivity provides a seamless solution for high-volume data transfer between banks and corporate clients, ensuring secure and efficient information exchange of payments, direct debits and statements.
Direct Debit Orders
By automating the direct debit process, they can improve cash flow and simplify budget planning. The secure and automated systems ensure efficient transactions, while detailed unpaid reports aid in client management. Additionally, the bulk upload functionality streamlines the process for handling multiple transactions.