Business & Corporate Enterprise Service

You can transfer an existing account from one branch of a bank or financial institution to another. This service requires the account holders to provide the required information such as their account number, personal identification, and the new branch location.

Banks employ posting restrictions to regulate transactions in deposits. Posting restrictions are transaction-based controls, that prevent transactions from being posted for the purpose of operational control. A typical business case in which a bank applies a posting restriction to control credits is for non-resident accounts, where there could be restrictions against the deposit of local currency amounts into the deposit.