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Commercial Bank unveils service to enable digital remittance for employees

Tuesday 14 April 2020 11:59 CET | News

Qatari lender Commercial Bank has introduced the CB SMART Payroll service to support companies in helping their employees make digital international money transfer.

Through the service, a company processing their worker payroll payments with Commercial Bank can support money transfer for their staff and paycard holders.

The service is being offered via a web-based smart form. This is said to lower errors in funds transfer request submission.

The bank also rolled out the CB Household Worker PayCard intended to manage the salaries and remittance of household workers.

One can apply for the offering through the mobile banking app of Commercial Bank.

The offering can be used to credit salary on a monthly basis and transfer money on behalf of the domestic worker to their beneficiaries staying overseas through the bank’s digital 60 Second Remittance solution.

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Keywords: Commercial Bank, digital remittance, employees, payments
Categories: Banking & Fintech
Companies:
Countries: Qatar
This article is part of category

Banking & Fintech