Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has just launched its BIDV iBank, a modern electronic banking service for corporate clients.
BIDV iBank is an e-banking product operating on a multi-channel platform including web and mobile devices for corporate clients, financial institutions, and other credit institutions. With BIDV iBank, clients can conduct many types of banking transactions.
|BIDV iBank will greatly benefit corporate clients|
The transactions include making deposits and loans, and guarantee account queries; performing domestic and international money transfers and salary payments; and sending documents with a digital signature through the programme for processing with the same legal value as the original document.
Besides, the transactions also include querying information for merchants; effectively managing cash flows between main and subsidiary accounts; viewing transaction summaries and checking transaction status by time and period; and receiving cash flow management reports of members of a group/corporation.
BIDV iBank is a multi-purpose product designed on a single transaction portal with intelligent custom interface and multiple authentication modes, allowing transaction processing in multiple mechanisms and supporting direct connection to the client’s finance-accounting system. The product features modern technology in line with global trends, which integrates microservice architecture with the world’s leading advanced technology solutions, such as IBM Filenet, Oracle 12c Cloud or BIDV-built products such as SmartOTP, a plugin-based digital sỉgnature solution.
“BIDV defines digital banking as the long-term strategy of the bank. BIDV iBank is an effective solution to digitalise banking transactions, thereby enhancing risk management in transactions with the bank,” said Le Ngoc Lam, senior executive vice president at BIDV.