Standard Chartered Bank Branch provides customised and innovative financial solutions, including Shariah-compliant Islamic financial solutions, to help achieve our clients’ strategic objectives. We offer specialised products and services where our teams work synergistically, leveraging each other’s geographic, industry, and structuring expertise to provide bespoke solutions for our clients.

Products & Services offered:

Transaction Banking

Cash Products / Services:

SAR and 20+ Currencies Demand Deposits & Controlled Deposits (Current Accounts / Savings Accounts) (CASA), Electronic Payments: Cross Border payments / Domestic Payments, etc)

• Payments and Collections and Escrow account services
• Virtual Account for Collection (VAC)

Wage Protection System (WPS)

Local SAR Cheque Clearing

Inter-Company Loans

Local and Cross border Single and Multi Entity Sweeps

SAR and non-SAR Intra-day Lines

Trade Products/ Services:

Letters of Credit Products (various types)

Guarantees, Standby LCs and Shipping Guarantees  (various types)

Open Account Trade Finance (Import and Export Finance, Bills Discounting,
Receivable Finance, Supplier Finance, other)

Documentary Collections and Bankers’ Acceptance

Financial Markets

Corporate Lending: Flexible financing solutions for businesses to support working capital, expansion, and strategic investment needs.

FX Spot: Comprehensive Foreign Exchange services to help businesses access FX Spot rates for immediate currency conversion needs to execute international payments seamlessly.

Repos: Repo solutions offer corporations efficient, short-term secured financing by allowing them to access liquidity against securities providing competitive pricing, flexible terms, and a reliable source of funding to support working capital and treasury needs.

Corporate Deposits: Tailored deposit solutions offering competitive returns and efficient cash management options for corporate clients.

Please click here for additional details on the products offered by Standard Chartered Group.

Straight2Bank

Straight2Bank: Making Banking Simple 24/7
Straight2Bank is your trusted and innovative digital ecosystem of channels &
platforms empowering you to navigate and unlock financial opportunities. It is your digital gateway across web, mobile, host-to-host, and API connectivity to an integrated suite of cash management, trade, custody and FX solutions.

Global Footprint, Local Expertise
Operate with confidence across 50+ markets and manage transactions in over 130 currencies. Straight2Bank combines global reach with local expertise to support your business wherever you are, ensuring you can navigate international markets with ease.

Integrated Solutions
From cash management and trade finance to foreign exchange and securities services, Straight2Bank covers all your financial needs with a comprehensive suite of integrated solutions. Our platform provides a one-stop solution for all your banking requirements.

Top-Tier Security
Benefit from robust security measures and compliance with regulatory requirements, ensuring that your transactions and data are always protected. Straight2Bank prioritises the security of your financial operations, safeguarding your business against potential risks.

Operational Efficiency
Leverage seamless integration with your ERP systems and reduce manual intervention with our API and host-to-host solutions. Straight2Bank helps you achieve operational efficiency and streamline your financial operations, allowing you to focus on growing your business.

Innovative and Digital Support Services
Access a full suite of digital servicing tools to manage your online banking needs anytime, anywhere on desktop or mobile. Straight2Bank provides the digital support you need to stay ahead in today’s fast-paced business environment, offering convenience and efficiency at your fingertips.

Key Services

Cash Management
Optimise your cash flows with our extensive range of payment, collection, and liquidity solutions. Straight2Bank equips you with the tools to manage your financial operations efficiently and effectively, ensuring full control over your cash management strategies.

Trade Finance
Facilitate your trade transactions with our robust services, including letters of credit, trade loans, and guarantees. Straight2Bank supports your international trade needs integrated with FX solutions, helping you mitigate risks and streamline operations, making global trade simpler and more secure.

FX Solutions
Navigate the complexities of global currency markets with SC Prism FX solutions. Manage foreign currency transactions and hedge against currency risks with ease using our advanced tools. Straight2Bank enables you to handle FX operations with precision and confidence.

Securities Services
Ensure the security of your assets with our management and custody services. Straight2Bank offers top-tier security and compliance with regulatory requirements, protecting your investments and providing peace of mind.

API Integration
Integrate your systems seamlessly with Straight2Bank using our robust APIs. Enable real-time data exchange and automate financial operations to enhance efficiency and reduce manual intervention. Our API solutions facilitate smooth and secure connectivity between your systems and our platform.

Host-to-Host Connectivity
Achieve direct, secure, and automated communication between your enterprise systems and Straight2Bank. Improve operational efficiency and reduce manual processes, allowing your business to operate smoothly and efficiently. Our host-to-host solutions ensure reliable and streamlined financial operations.

Mobile Access
Manage your financial operations on the go with Straight2Bank’s mobile access. Our platform provides the flexibility to monitor transactions, approve payments, and access essential financial information anytime, anywhere, ensuring you stay connected to your business.

Supporting KSA Wage Protection System (WPS)
Straight2Bank also supports the Kingdom of Saudi Arabia’s Wage Protection System (WPS), ensuring compliance with local labour regulations. Our platform enables you to manage and process employee salaries efficiently, providing a seamless and secure solution for your payroll needs.

Contact us
Discover how Straight2Bank can empower you to manage your business and translate tomorrow’s banking into today’s solution. Contact us today to learn more and get started.