Credit Bank PLC, a financial and commercial bank in Kenya, has rolled out an online banking platform targeting its corporate customers to process their cheques.
Through its online platform services, it will enhance the delivery of its services including the enhancement of limits on its mobile banking platform.
Credit Bank Strategy and Business Development Executive Officer Eric Nyachaei said the new platform allows clients to achieve a higher Straight-Through-Processing (STP), real-time visibility and higher levels of efficiency from payment initiation through to back-end processing.
“With the newly launched Clearing Solutions, our corporates do not need to visit our physical banks to make their transactions as they can now transact online,” Mr Nyachaei said.
The bank has also initiated several measures to afford small business owners the ability to pivot. This is through reduced transaction costs on its digital platforms and free transactions on PesaLink.