The bank’s Cash Deposit Machines (CDM) are accessed by biometric scan and clients can deposit cash up to 20,000 notes at a time.
Wednesday 28, August 2019 BY KUDAKWASHE MUZORIWA
The National Bank of Bahrain (NBB) has launched high-speed Cash Deposit Machines to enhance its service and value proposition for its business clients, as the lender seeks to expand its transaction banking offering by digitalising cash management and improving accessibility to other bank services.
NBB stated that corporate clients are deploying NBB CDM’s in their head offices and retail outlets, the machine instantly credits cash to the clients’ account with no need to visit the bank’s branches and cash is collected from the clients' premises by Secure Services.
Arif Janahi, the Head of SME & Commercial at NBB, said, “We’re investing significantly in ensuring NBB’s platforms and services are world-class and that our clients are gaining maximum value through their partnership with the bank.”
The lender also said that retail customers can also deposit large amounts of cash taking advantage of this 24/7 easy deposit functionality by using their NBB debit cards.