Details
Business banking just got a whole lot easier. Designed just for businesses like yours, Standard Chartered's Straight2Bank is a fully integrated Internet banking platform that caters to your transactional and reporting needs across cash management, foreign exchange and trade finance.
Features
What can Straight2Bank do for your business?
Mobile
Keep your fingers on the pulse of what's coming in and going out, wherever you are.
Get anytime, anywhere access to a comprehensive range of online services. Balance Enquiry and Mini Statement capabilities empower you with the background information needed to approve payments and payroll transactions on the go.
Do all this from your Mobile phone:
- Balance Enquiry and Mini Statement of Current Account, Loan Account and Deposit Accounts
- Calendar view of past 50 transactions
- Payment and trade transaction authorisation
- Outstanding trade enquiry
- No additional registration or setup required for Straight2Bank users
Available on iOS and Android platforms
Payments
Why waste time on writing cheques for your suppliers? Do it all at the click of a button.
Perform a wide range of domestic and cross-border payments across multiple geographies with integrated access to Standard Chartered's suite of payment services.
Payment capabilities include:
- International Transfers in a wide range of payment currencies supporting CASH, TOM and SPOT
- Domestic Transfer (Book Transfer, Direct Credit and RTGS Payments)
- Corporate Cheque and Local Bank Cheque (Cashier's Order)
Achieve greater efficiency in payments processing by:
- Extensive file mapping and upload capabilities for payments
- Built-in validations (for regulatory requirements and mandatory fields)
- Built in multi-tiered authorisation matrix for payment authorisation
- Segregation of user access and control
Enjoy all these benefits:
- Improved cash-flow management
- Fast payment settlement cycle
- Greater transparency and control over payroll management processes
- Increased predictability and certainty of payroll payments
- Email advice service for payment beneficiaries
- Ability to make payments 24 hours a day
Payroll
Say goodbye to the headache of arranging staff payments every week or month.
Ease your payroll processing needs with a bulk debit feature that also ensures complete confidentiality of all sensitive payroll transactions.
Achieve greater efficiency in payroll processing through:
- Extensive file mapping and upload capabilities for recurring payroll transactions
- Built in multi-tiered authorisation matrix for payroll authorisation
- Segregation of user access and control
- Batching and bulk debit of payroll transactions
Enjoy all these benefits:
- Improved cash-flow management
- Fast payment settlement cycle
- Greater transparency and control over payment management processes
- Increased predictability and certainty of payments
- Email advice service for payment beneficiaries
Trade
Make the most of opportunities with simple, fast and efficient trade transactions.
Get the benefits of a wide range of documentary trade transaction initiation and reporting tools. Your online trade transactions will also be processed quickly and accurately.
Achieve more efficiency in trade processing through:
- Initiate trade transactions 24 hours a day
- Pre-defined templates
- Extensive clause library
- Built in multi-tiered authorisation matrix for trade authorisation
- Ability to copy existing letters of credit thereby minimising time and cost
Do all of this online:
- Create new applications from existing transactions or templates
- View full details once documents have been presented under a Letter of Credit
- View and accept discrepancies
- Automatic status updates once transaction is processed
- Receive electronic copies of bank advice slips
- Email alerts triggered at the time of key activity
Reports & Alerts
Get the information you need to make smart business decisions.
Optimise working capital with comprehensive access to information and end-to-end visibility on all cash and trade transactions.
Enjoy all of these benefits:
- Customisable intra-day reports across payments, trade and accounts (loan, deposit, and operating)
- Real-time event-based alerts
- Convenient formats for download (SWIFT, PDF, CSV)
- User defined alerts by setting your preferences, filters, sort criteria, data format and delivery mechanisms
Integrated Access
Bring all your payments and transactions together under one integrated umbrella.
Enjoy the simplicity and ease of a single interface to our suite of cash and trade services across multiple geographies and currencies.
Benefits:
- Payments, Payroll and Trade Transactions initiation out of linked companies in any country
- Account and function level segregation for user access for initiation and reporting
- Consolidated and comprehensive reporting across multiple company accounts and geographies