Overview:
Suez Canal Bank offers “Corpay service” That is connected to Automated Clearing house to manage the company bulk credit (payments) and debit (collection) transactions flow in EGP currency either within the bank or among other local banks through a secured and efficient network and under CBE supervision.
Eligibility:
Service Features and benefits:
Flexibility in setting the transfers amounts, as there are no minimum or maximum limit that allows you tracking the status of each transaction
ACH corpay solution is user friendly that saves time and efforts.
High level of security standards through “hard-Token " device that comply with CBE requirements
ACH-Corpay Direct Credit (Bulk Payment File) benefits:
Convenient method to make deposits into beneficiaries accounts (ex: suppliers payment, payroll, money transfer, pensions, dividends) without having to visit the branch.
Saves the company time and efforts as transfers will be executed automatically on the date you have specified without visiting the branch.
No penalties payments will be debited from the company account and credited to beneficiaries accounts automatically on the date you have specified
ACH-Corpay Direct Debit (Collection) benefits:
Convenient method for bill collection (ex: subscribers, individuals, etc…) without having to visit the branch.
Save your time and efforts, as the amounts of the issued bills will credit to the company’s account without visiting your branch.
No past due in the collection of installments or bills as it will debit automatically on time to your account.
Required Documents:
For Existing Clients request ACH Corpay Bulk Payment File (Direct Credit) & Collection (Direct Debit) registration form.
For New Clients, documents for account opening, plus request ACH Corpay Bulk Payment File (Direct Credit) & Collection (Direct Debit) registration form.
* Other documents may requested.
Service Cancellation:
Request Service Cancellation form.
For more information and Inquiries, Please visit nearest Suez Canal Bank Branch or Call 19093 from Egypt or (+202) 19093 if you are abroad.
* Terms and conditions apply.