Sonali Corporate iBanking simplifies fund transfer processes for corporate clients, offering single and bulk transfers through multiple channels such as Same Bank, BEFTN, RTGS, and NPSB. The feature also supports salary disbursements using these channels, ensuring fast and secure transactions.

Key Features:

• Single Transfer:
  • Quick and secure transfer of funds to beneficiaries via Same Bank, BEFTN, RTGS, or NPSB channels.
• Bulk Transfer:
  • Streamlined processing of multiple payments in a single transaction, ideal for vendor payments, reimbursements, and more.
• Salary Disbursements:
  • Effortlessly disburse employee salaries using Same Bank, BEFTN, RTGS, or NPSB channels to ensure timely payments.
• Multi-channel Support:
  • Flexibility to transfer funds within Sonali Bank accounts or to other banks through BEFTN, RTGS, and NPSB.
• Bulk Uploads:
  • Simplified bulk transfer setup using Excel or CSV files with built-in validation.
• Authorization Workflow:
  • Multi-tier approval for all fund transfers ensures secure processing.
• Real-time Status:
  • Instant confirmation for Same Bank transfers and real-time status updates for other channels.
• Reporting:
  • Detailed transfer reports for reconciliation and tracking.

With advanced search and filter options, businesses can quickly find specific transactions or account details. The feature also supports secure access controls, ensuring that only authorized users can view sensitive account information. This comprehensive account management tool enhances transparency, simplifies financial oversight, and supports better decision-making for corporate clients..

This feature is designed to optimize corporate cash flow management, reduce administrative effort, and ensure secure and timely payments for all business needs.

Utility bill payment for corporate user like, DESCO, DPDC, BTCL & Mobile Air Time.

Sonali Corporate iBanking streamlines VAT payments for corporate clients, offering seamless integration with the National Board of Revenue (NBR) for real-time validation and processing. This feature enables efficient single or bulk VAT payment submissions, ensuring compliance with government regulations.

The VAT Payment feature in Sonali Corporate iBanking simplifies the process of paying Value Added Tax (VAT) for businesses in Bangladesh. By integrating directly with the NBR's VAT Online System, corporate clients can ensure accurate and timely payment submissions.

Key Features:

• NBR Integration:
  • Real-time validation of VAT registration numbers and payment details with the NBR system.
• Payment Options:
  • Support for both single and bulk VAT payments
• Authorization Workflow:
  • Multi-tier approval process for secure and compliant payment initiation.
• Status Tracking:
  • Real-time updates on payment status, including successful submissions and pending actions.
• Comprehensive Reporting:
  • Downloadable reports with VAT payment details, including amounts, tax periods, and transaction references.
• Notifications:
  • Instant alerts via email and SMS for payment confirmations and reminders for due payments.

This feature ensures hassle-free VAT payments, helping businesses meet regulatory deadlines efficiently while maintaining compliance with Bangladesh's VAT laws.

Corprate user able to pay Govt. Challan direcly from here like, Govt Challan, Acycoda Customs Duty Payment , Income tax, vat, police clearence & all other challan by e-challan.