has focused on delivering solutions that meet client needs and improve their experience.
“Our international payment solutions allow our clients control over their payments and foreign exchange, making their banking experience more seamless. Online international payments are convenient, and clients can make secure payments that comply with exchange control regulations. All you have to do is choose a solution that’s right for you,” says Rosh Sundram, Standard Bank’s head of international payments client experience.
Making international payments on internet banking is simple. This channel is suitable for payments of up to R1.5m per transaction. Clients can view and book exchange rates, upload the requested documents for the payment, and track the status online. To register for internet banking, visit the Standard Bank website, click on “Sign into account”, then click on “Internet Banking” and register your details.
Standard Bank’s alternative channel Business Online enables segregation of duties and individual limits; it integrates with mainstream accounting packages; and it allows clients to make future-dated payments. It’s suitable for payments of any amount and from rand and foreign currency accounts. It also accommodates single and multiple payments. To go digital, Business Online clients can contact their transactional relationship team.
Clients may also hedge their currency exposures through eMarketTrader and eMarketTrader Mobile. This single web-based solution is an advanced cross-asset trading platform, bringing together market intelligence and research, real-time pricing, trade execution and post-trade services. eMarketTrader Mobile is a free app which allows you to track market movement and buy or sell currency directly through your mobile device. Clients can download the app from their preferred app store.
Source: Financial Digest (financialdigest.net)
All well and good StandardBankZA except that I spent an hour at a branch where the consultant refused to accept documents requested by the Manager . So much for international payments, fix the small things first Classic case of the right hand not knowing what the left hand is ..
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