MANAMA: Ahli United Bank (AUB) is now offering a deposit card to businesses, doing away with need to depend on branches to deposit cash into their accounts.

The bank said businesses can now provide the deposit card to their company representatives which will enable them to deposit cash directly into their account.

The company representative just needs to visit selected AUB ATMs and deposit cash for real-time credit and doing away with the 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 be able to deposit cash without the option to see the balance.

Non-individual customers that have subscribed to SMS alerts will receive an alert for the cash deposits, thus having up-to-date information of the cash deposit transactions.

This empowers businesses to deposit cash 24x7 without the need to wait for the next working day or visit a branch.

To accommodate large cash deposits of up to 120 notes in a single transaction, AUB maintains bulk cash machines at its Seef headquarters branch.

There is no cap on the daily number of transactions at the bulk cash machine.

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