MANAMA: AUB has launched a deposit card for business customers.
With the card, businesses don’t have to be dependent on branches to deposit cash into their accounts.
Businesses can now give the AUB deposit card to their employees enabling them to deposit cash directly into the business account.
The employee just needs to visit select AUB ATMs and deposit cash for real time credit to the business account.
No need to wait in line or wait for branch opening or closing hours.
As a security measure, AUB’s deposit card will only be enabled with the deposit function so the card holder can only deposit cash without the option to see the balance or withdraw.
The account holder that have subscribed for SMS alerts will receive an alert for the cash deposits thus having up to date information of the cash deposit transaction.
This empowers businesses to deposit cash 24x7, after closing their business establishment the card holder need not wait to deposit cash the next working day. Just visit select AUB ATMs.
To accommodate large cash deposits up to 120 notes in a single transaction AUB has introduced bulk cash machines at its Seef Headquarters branch.
There is no cap on daily number of transactions at ATM and bulk cash machines. For a list of AUB ATMs enabled with real time cash deposit function visit our website or call 1722 1999.
Launching the new services for its customers, AUB deputy group chief executive for retail banking Suvrat Saigal said, “AUB has always been mindful of allowing customers to do their banking when it is convenient for them. The deposit card empowers businesses to perform key transactions at their convenience.”
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