RMB has introduced Urgent Pay, a solution enabled through the bank’s API channel, which gives corporates access to real-time payments powered by PayShap (and soon other real-time payment rails). Available 24/7, this solution supports a wide range of corporate payment needs, including salary disbursements, claims payouts, refunds, and supplier payments. This allows the Corporate to improve payment success for Bills, Debit Order Arrears Payments and Payments for purchases. TCIB allows RMB clients to make near real-time cross-border payments between RMB accounts across CMA countries, available through host-to-host integration and the RMB Online Banking platform. “With these solutions, RMB is not only enhancing the efficiency of our clients’ payment systems but also redefining what’s possible in corporate banking by working towards creating a seamless, integrated experience,” Mofokeng concludes.

Source: The North Africa Journal November 19, 2024 08:13 UTC