back Back

Capital Bank adds withdrawal feature to its Business ATM card

By Delisha Fernandes

January 24, 2024

  • Banking
  • Business ATM
  • Capital Bank
Share

Capital Bank, Business ATM, Deposit Card, Banking, Financial Institution, Investments, Wealth Management, financial transactions, FinTech news, FinTech Jordan, MENACapital Bank, a Jordan-based financial institution, has unveiled an improved version of the ATM deposit card tailored for its institutional banking clients, featuring an added withdrawal capability to cater to their needs.

In its initial release, the card empowers institutional banking clients to deposit up to JOD 19,000 and 45 checks daily through the bank’s ATMs. Furthermore, they can withdraw up to JOD 10,000 per card, aligning with the company’s specified limits as outlined in the registration certificate. This strategic enhancement provides clients with increased flexibility and efficiency in managing their financial transactions.

Zaid El-Kurdi, Capital Bank Group Transaction Banking Director, said, “We comprehend the dynamic nature of our clients’ financial needs, and our objective is to offer tailored solutions that align with their unique requirements. The introduction of the withdrawal feature to our institutional banking clients’ ATM deposit card underscores our commitment to providing convenient and comprehensive banking services.”

El-Kurdi added, “We are dedicated to finding innovative ways to simplify and improve our clients’ banking experience. The inclusion of the withdrawal feature reflects the continuous efforts the bank makes to meet the evolving requirements of its corporate clients and institutions.”

Capital Bank Group includes Capital Bank, which since its inception in 1995, has grown to become one of the leading financial institutions in Jordan, offering the Jordanian market a comprehensive set of commercial and investment banking services and solutions tailored to the needs of retail and corporate clients alike.

Previous Article

January 24, 2024

6 Digital Payment Gateways bolstering payment processes in Nepal

Read More
Next Article

January 24, 2024

Zillion launches Rewards-as-a-Service for banks & large enterprises

Read More








IBSi Daily News Analysis

Fraud

February 23, 2024

Banking

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Vencora acquires CREALOGIX to expand its banking technology services

Read More

Today

Axway to buy most of Sopra Banking Software activities for €330m

Read More

February 22, 2024

Kani Payments taps Pismo for data reconciliation and reporting

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023