Amman - Joining a growing network of over 90 leading banks worldwide, Bank al Etihad‘s retail and corporate clients can now securely send and receive transfers across borders with greater speed and enjoy an array of added value features through the recently introduced SWIFT global payments innovation (SWIFT gpi), while facilitating financial stability and fund management.
By embracing this new global payments standard, Bank al Etihad clients can now benefit from enhanced fee and exchange rate transparency, unaltered remittance information and improved operational efficiency through an international payment assistant. Also, SWIFT gpi allows visibility on the status of payment transactions at all stages, from the moment they are sent, all the way until they reach their final destination anywhere in the world, ultimately ensuring maximum convenience and peace of mind for clients.
Specific features have been designed to help provide an increased layer of security to the SWIFT gpi platform. These include the option to stop and recall payments in case of suspected fraud, as well as the transfer of rich payment data to permit clients to automatically reconcile invoices and payments and keep track of them at the touch of a button.
-Ends-
About Bank al Etihad
Bank al Etihad was established in 1978 as a public shareholding company, with a paid-up capital of JOD 160 million. The Bank currently operates a network of 47 branches and 100 ATMs distributed across the Kingdom, in addition to a central exchange unit. Bank al Etihad is a member of the Board of Directors and a Strategic Partner of The National Bank (TNB) in Palestine, owning a 10% stake. The Bank also fully owns a brokerage firm, Etihad Brokerage, which was founded in 2006, as well as a finance leasing company established in 2016. The Bank also recently acquired a 36% share in Safwa Islamic Bank.
This press release has been distributed by Bidaya Corporate Communications on behalf of Bank al Etihad.
For more information or assistance, please contact us at:
Tel: +962 6 585 4002/6
Fax: +962 6 585 3001
P.O. Box: 930391, Amman 11193, Jordan
Email: media@bidayacorp.com
© Press Release 2018Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
