Electronic solutions

The advantages and benefits of Garanti BBVA's Electronic Solutions

  • Our internet banking service enables companies and groups of companies the possibility to control and manage their cash flow by operating and visualizing their current accounts, the deposits accounts and credit accounts respectively

Product characteristics

Advantages for the company:
  • Easy access of authorized users to the company’s current accounts: which can dispose of own resources 24/7 via Internet Banking Garanti BBVA Online. Companies or groups can administrate their inflows and outflows via Garanti BBVA Internet Banking. Moreover, the Multiple Payments service offers to Corporate clients the possibility to access their accounts by using a single ciframatic device, as well as the possibility to visualize the information and process transactions from the same menu (screen).
  • Diverse types of transactions: visualize the company’s account balance, and transactions history, make intra-bank and inter-bank domestic and foreign currency payments, scheduled recurring payments, payments towards the State Treasury, invoice payments towards Garanti BBVA partners (utilities, telecommunications companies etc.) multiple payments, salaries payments (one debit multicredit), foreign exchange and deposits, opening of current accounts, visualize POS collections etc.
  • Increasing the efficiency of the company’s financial expenses more advantageous commissions than the ones charged for paper based payments.
  • Time saving: Garanti BBVA payment through Internet Banking enables payments processing in real time, an updated account statement becoming available immediately after the operation.

Bulk payments

Is a simple, convenient and secure way to make payments by uploading payment files in the Garanti BBVA Online application.

Advantages for the company:

  • Savings of time and resources: by introducing an unlimited number of Garanti BBVA Online automated payments, manual processing by your employees is completely eliminated. For frequent payments, information about beneficiary can be saved in Garanti BBVA Online, thus significantly reducing processing time.
  • Accurate information: the service allows users to make details adjustments to the transactions uploaded directly in the Garanti BBVA Online application, as well as accuracy checks of the data inputs through multiple verification algorithms, thus eliminating potential material errors.
  • Adaptability: the service is based on uploading from the company’s accounting application files of various types generated (text, Excel) that can be customized according to the technical possibilities of the respective accounting system.

TrezoLink

Is the Garanti BBVA application designed for managing the corporate clients’ accounts with the State Treasury. Local or international companies with revenues collected in the State Treasury units can benefit from the full assistance of the Bank for managing this accounts. By using the TrezoLink service, the corporate clients are mandating Garanti BBVA to transfer their existing balance in their State Treasury account to the current accounts held with the Bank, receive the statement of account – thus simplifying the company’s relationship with the State Treasury.

Advantages for the company:

  • Optimal control by concentrating all the company’s funds in the account opened with Garanti BBVA, the Corporate clients have a full picture of their financial resources. which can dispose of own resources 24/7 via Internet Banking Garanti BBVA Online.
  • Easy access: 24/7 via the internet banking service Garanti BBVA Online.
  • Increasing the efficiency of the company’s financial expenses more advantageous commissions than the ones charged for paper based payments.
  • Cost-effectiveness by eliminating the necessity for the company’s employees to commute to the State Treasury offices

Electronic account statement MT940, MT942 and CSV

For the corporate clients accounts held Garanti BBVA – by using this format for reporting and reconciliation, corporate clients save time and internal resources through directly importing the bank statements in their accounting application. Garanti BBVA offers flexibility in terms of type and file format used (format MT940, MT942 and CSV) as well as in terms of transmission channel (the documents can be directly imported to the ftp address or e-mail address specified by the utilizer, sent by SWIFT to the specified BIC account or sent directly by e-mail).

Advantages for the company:

  • Updated information on a daily basis: bank statements are generated and sent every day / hour, containing data of the previous day/hour.
  • User friendly operation enabled by the text format: the information received is compatible with any accounting software application
  • Increased efficiency: by eliminating routine activities on updating the financial information performed by company employees