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NEWS
BBK introduces Bulk Deposit Machines for Corporate Clients
19 Mar 2020
BBK, Bahrain’s pioneer in retail and commercial banking recently announced the launch of bulk Corporate Deposit Machines that allow corporate clients to deposit up to 230 notes at once, with real time realisation of credit. The next generation machine is available at the BBKPlus zone of the Bank’s digital branch in City Center and will soon be installed in The Avenues and Seef Mall Muharraq.
Commenting on the launch, Dr. AbdulRahman Saif, Deputy Group Chief Executive Wholesales Banking Group said: “BBK continues to leverage cutting edge technologies in order provide customer service solutions that makes the banking experience faster and more convenient. In line with the Bank digitisation strategy, providing technology based services to Clients, BBK launched the new Corporate Bulk Deposit Machines, making cash deposits for our corporate clients easier.”
BBK’s Corporate and SME clients currently have access to self-service Corporate Deposit facilities through the Bank’s Corporate Deposit Machines at the Exhibition Financial Mall and the Seef Mall Branch in addition to BBK’s extensive SMART ATM network.
Nadeem Al Kooheji, General Manager of Corporate Banking Division at BBK added: “At BBK it is all about delivering quality and convenience. The new machines, which allow the deposit of 230 notes of different denominations – from BD 1 to BD 20 notes – ease the process of depositing cash for both our Corporate Banking customers as well as the tenants of the Malls as customers no longer have to visit the branch for larger deposits. Corporate clients can benefit from their accounts being instantly credited with real time deposit into their account.”
“The Bank continues to leverage the latest technologies to innovate and improve services in our mission to deliver a seamless, immediate and brighter banking experience for all of our valued customers”, Dr. Saif concluded.
The Bank has started to issue the Corporate Deposit Cards to enable clients to use the Corporate Deposit Machines. The Cards enable deposits in an easy to use, convenient and secure manner; however, these cards cannot be used for payments, purchases, cash withdrawals, transfers or any other form of payment. For further information, clients may contact their Relationship Managers who will be able to assist them with their queries.
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