How can you benefit from alBaraka Bank digital services
First Bank
alBaraka Bank- Egypt provides several banking services to customers to facilitate the provision of banking services that help customers complete all daily financial transactions easily.
First Bank outlines the digital services offered by the bank:
1. Internet Banking
- Open various accounts through internet banking.
- Purchase certificates of deposit or short-term deposits from various bank options, specifying the account to debit and the return account.
- Add beneficiaries and transfer to other banks in Egyptian currency (requires OTP – one-time password).
- Instant transfers to Al Baraka Bank customers through internet banking (requires OTP).
- Real-time inter-account transfers, providing full account management (requires OTP).
- Request primary or additional debit cards and pick them up from any branch.
- Settle payments for the classic Al Baraka card through internet banking.
- Request checkbooks online and choose the branch for pickup.
- Order a bank cheque through internet banking and specify the branch for pickup.
- Monitor accounts moment by moment through internet banking.
- Update personal information through internet banking.
- Ability to open different accounts through internet banking.
- Ability to purchase short-term deposits from various bank options, with the option to specify the debit account and return account.
- Ability to transfer to other banks in local currency.
- Instant transfers to alBaraka Bank customers through internet banking.
- Instant inter-account transfers for comprehensive account management.
- Ability to request the issuance of a checkbook through internet banking and specify the branch for pickup.
- Ability to request the issuance of a bank cheque through internet banking and specify the branch for pickup.
- Ability to monitor accounts moment by moment through internet banking.
- Ability to manage company cash by setting maximum and minimum instructions for accounts, with automatic transfers between customer accounts in case of exceeding known limits to ensure constant liquidity against customer commitments.
- Ability to specify authorization levels for the company’s account for a number of users (specifying characteristics for each user).
For Corporates:
- Ability to specify the executing user and the authorized user for operations, with no operation performed without approval from their account via internet banking.
- Ability to set monetary limits for each user.
- Ability to specify specific accounts for each user.
To subscribe to Bank Al Baraka’s banking service in Egypt, click [here]).
2. Mobile Banking
Al Baraka Bank offers “AIBaraka Mobile Banking” where you can:
- Open a current account and a participation account.
- Monitor your account.
- Transfer funds.
- Perform a previous transfer using the transaction repeat function.
- Monitor financial transactions.
- Pay credit card debts.
3. InstaPay
- Direct access to all bank accounts.
- Instant money transfers via mobile phones.
- No need for the recipient’s bank data if subscribed to the service, requiring only the phone number, payment address, or bank card number during transfers.
- Payment of credit cards issued by participating banks.
- Instant payment request submission.
- View all bank accounts through the application.
- Instant donations to listed donation accounts.
- Account statement for all listed bank accounts.
The program is available to anyone with an individual bank account and a direct debit card or a prepaid card.
