Transactions
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What are the various types of fund transfers available in CIB?
Corporate Internet Banking (CIB) fund transfer options are:
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Transfers within your own Commercial Bank Accounts.
- Transfers Within Qatar
- Telex Transfer (International payments)
- WPS payroll (.csv format only)
- Bulk Payroll (.csv, .text, MT -103 and QATCH - 4 fields format)
- Bulk Paycard (.csv and .text formats)
- Bulk vendor payments (.csv, .text and MT -103 format)
- Bill payments
- Utility payments
- Cheque Book request
- Scheduled payments
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How many approvers can approve a fund transfer?
CIB supports multi-level approvals, with the flexibility to match your business policies, and the specific needs of your organization along with the 3 levels of security.
The usage can be configured by users to give restricted access (for e.g. view only access) to the front desk operator, and complete access to the main HR authorised person or the designated person by Senior Management. You can specify the number of approvals needed for effecting a transaction. The transaction will not be made unless it has been approved by the required number of authorised signatories. If you want to restrict access to certain user(s), you should contact us.
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How can I check status of the transfer?
You need to login with your login credentials and then click on radio button "All Transactions". You will be able to see all transaction types with different status. Click on the number of the type of the transaction you would like to check status OR input Transaction reference in the search field. Then click on the reference number and status of the transaction will be displayed with rejection reason (if any). If you wish to see with whom Transaction pending for approval click on the workflow details and you will be able to see complete log of the transaction.
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Can I delete the payment?
Any payment which is release to the bank and has forward value date can be deleted by Originator of the payment and same workflow should be followed to approve deletion of the payment.
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