Digital Transaction Banking (DTB)
Turn transaction banking on its head with a comprehensive, integrated digital platform.
Digital Transaction Banking (DTB) is an integrated platform that prepares transaction banks to provide for every client and every sector’s needs, with a configurable and an intelligent platform. It encompasses every aspect of transaction banking, covering working capital cycle from accounts services, payments, and liquidity management to collections & receivables, virtual accounts, trade finance and supply chain finance.
With DTB, transaction banks can successfully optimise capital, and maximise ROA and fee income. It can also improve product cross-sell & distribution channel effectiveness, support SME franchise and growth sectors (through working capital provisioning and advisory services) and ensure full regulatory compliance for the large to very large corporates and MNCs.
To wit, banks ask for an end-to-end digital transformation. DTB is, was and will always be, the right answer.
We value our clients and are committed to provide innovative solutions for all their needs
A complete, front-to-back platform.
Omnichannel – Interact with and come to love your anytime, any device with a true omnichannel capability
Analytics & persona-based dashboards for instant visibility of your business in real-time.
Onboarding & Deep Grain Entitlements – Real-time customer & supplier onboarding down to a matter of minutes.
Secure Access – Use the latest biometrics, two-factor authentication (2FA), and more, compliant with EBA guidelines and other industry standards.
Balance and Information Reporting – Enhance business decision and increase visibility of funds across multiple accounts.
Account Aggregation – View same day or prior day balances across accounts types, geographies
Multi-Bank Accounts – Consolidate your view and download account statements across bank accounts.
Payment Origination – Initiate payments such as salaries, pensions and standing orders. Receive payments through any channel, from any customer at ‘anytime.
Multiple Types Payment – High value, mass payments, UAEFTS, QATCH, SARIE, SEPA, SWIFT FIN and MX ISO, Fedwire, CHAPS, CHIPS and Target 2.
Managed File Transfer – Bi-directional data transmission (Host-to-Host) with corporate ERP using file translation.
End-to-End Payment Processing – Drive higher STP by setting up workflows adapting to payment processes.
Cross-border Payments – Centralise cross-border end-to-end payment processing.
Physical Sweeps – Algorithmic liquidity at the heart
of corporate cash flow.
Interest Enhancement – Protect revenue and enhance income from fees.
Automated Investment – Optimise liquidity and automate investments.
Inter-company Loans – 3 pillars for corporate treasurers- consolidate, optimise and maximise.
Notional Pooling – Optimise liquidity and reduce interest burden.
Collections & Receivables
Cash and Cheque collections – Paper-based direct debits.
Direct Debit and Mandate Management – Process electronic collections.
Virtual Accounts – Optimise collection process and track receivables.
Save time and money by improving Invoice Management.
From PO creation to collections to invoice reconciliation.
Static and Dynamic Accounts – Customer & add-on virtual accounts. Support for static & dynamic virtual accounts.
Dynamic Virtual Account Validation – Custom & remote validation. Validation via LOV, look-up data, range check, pattern check, and workflows based on validations.
Collections on behalf of group company, hierarchy, division, counter party statement & balance enquiry for virtual accounts linked to hierarchy.
Inter-company cash transfers based on balance availability; real-time sweeps from bottom to top; virtual account interest and funds sharing from top to bottom.
Offer end-to-end processing of all letters of credit to your customer, and boost their international dealings and mitigate risk.
Guarantee – Assurance to counter-parties with a wide range of guarantees and facilitate business continuity to importers in case of delayed documents.
Collection – Offer end-to-end management of documents and payments under collections to your customers.
Secure cross-border trade with effective management of discrepancies and processing of payments under LCs.
Trade Loans – Fund trade transactions with flexible and short-term borrowing facility.
Reimbursements – Effective handling of payment
claims under LC.
Supply Chain Finance
Buyer-centric Financing – Improve working capital and provide on-time payments to counterparties by offering credit on buyer’s term.
Supplier-centric Financing – Raise finance on the basis of the supplier-centric receivables relating to one or several buyers, and reduce procurement and receivables management costs.
Invoice Factoring – Boost your cash flow with invoice factoring and support end-to-end collections.
E-invoicing – Fully integrated supplier portal for better process efficiency and reduce operational cost.
Dynamic Discounting – Accelerate payments and provide more flexibility with dynamic discounting to choose how and when to pay suppliers.
Risk Mitigation – Single-stop solution for syndication participation and credit insurance.
SME Collect – Shorten receivables cycle by collection of payments through a range of SME-specific collection solutions.
SME Insta Banking – Enable SMEs with on-the-go mobility, providing quick one-touch payments, instant loans, one-click portfolio view on mobile devices & tablets.
SME Salary & Payroll – Schedule & process salaries globally and seamlessly cater to the needs of different departments.
SME Portfolio – 360-degree view into real-time
balances of the SME business accounts, deposits, loans, cards and working capital status.
Digital SME Onboarding – Self onboarding tool facilitates onboarding through the bank portal without the need to visit the branch for registration.
Digital SME Lending – Transparent lending for SMEs with quicker verification of loan eligibility, instant processing of loan request (zero collateral process) and loan document central.
Driving customer value & market leadership.
What our customers say.
EVP and Group Head, Transaction Banking Services, Emirates NBD
iGTB’s in-depth domain knowledge and expertise made it our partner of choice to create a best-in-class digital Transaction Banking platform. Clients are at the centre of our digital transformation journey and this platform will enable our clients to seamlessly manage all aspects of working capital management with enhanced visibility and data analytics.
Head of Global Transaction Banking, Santander
Digital transformation of our payments services by iGTB will boost operational efficiency and scalability, giving a solid foundation for sustainable business growth, improving our Global Cash Management solution and we’re confident our clients will love the consistency, efficiency, flexibility and the speed of our new system.
Senior Vice President and Director of Payment Products, Fifth Third Bank
We believe this collaboration with iGTB on digital projects will help us deepen our relationship with existing customers and acquire new ones.