MCB's reporting obligation
MCBDirect Corporate is more than just online banking; it is an extension of your accounting system. Increase efficiency in payments and billing, payroll management and bookkeeping.
Upload files generated in other software applications, such as payrolls and accounts payable, for processing and payment to beneficiaries with MCB accounts, other local banks or MCB subsidiaries.
Websites using EV SSL certificates have a unique visual indication in the browser’s URL bar, to help you identify the use of increased security verification measures. For example: Internet Explorer displays a green bar as well as our bank’s name (Maduro & Curiel’s Bank N.V. [CW]).
Besides a User ID and password, you will be issued a soft token. This is a personalized second factor needed to access the system. Access to MCBDirect Corporate is only possible with your soft token.
MCBDirect Corporate runs on a physical server in a protected environment at the bank. Using a secure Internet connection, you have direct and one-on-one secured access to this server.
Each user of MCBDirect Corporate gets his/her own user ID and password, to which the rights of the user are tied. Information of all users is stored on the bank's server. Whenever changes have to be made on a user's rights, this has to be requested to the MCBDirect Corporate Administrator at the bank. This ensures that all users and rights are carefully documented and accounted for.
You can manage a segregation of duties, according to organizational structure of your company. Apply amount limits to both creation and authorization of transactions, at user level.
All transactions are recorded in an activity log, with date, transaction type, amount, confirmation code and user name. You can check at any time which transactions were done by whom.
Here are some of the many advantages of using MCBDirect Corporate as a commercial customer:
MCBDirect Corporate is a Commercial Internet Banking system, designed for all types of businesses and organizations. MCBDirect Corporate is available 24/7 and accessible from all over the world.
All active accounts you are authorized to view, as well as the account balances of your Credit Card(s), Personal Loan(s), Mortgage(s), Time Deposit(s), Call Account(s), Investment Account(s) and Insurance Policies.
On the Change Profile page, there is a submenu Add/Remove Additional Accounts.
Click on the submenu button and fill out the form.
A customer can view current and savings account transactions up to six (6) months back.
Statements for Current, Statement Savings accounts and all Credit Cards are available in lightweight full color online versions that print in an ink conserving way, or save the full color PDF on your computer. A Detailed History can also be downloaded to your PC for import into Microsoft Money or Quicken.
Transactions submitted and processed on MCBDirect Corporate, or through other bank departments, prior to 2:00 pm on business days will show up MCBDirect Corporate after 11:00 pm that same day.
An account transfer is moving funds between the Current and/or Savings Account(s) that are set up in MCBDirect Business. Transfers are supported in ANG, USD and Euro currencies. The transfer will occur in the currency of the ‘From’ account. To transfer funds, select the account you want to transfer funds ‘from’ and the account you want to transfer the funds ‘to’.
Yes, it you can transfer US Dollars and Euros if the ‘From’ account is a Foreign Currency account.
It is also possible to make payments from a US Dollar or Euro account.
With Payments one can pay anyone with an account at MCB, other local banks, and MCB subsidiaries on the other islands. These payments can be single payments, batch transactions or standing orders. International payments can be done by using the Wire Transfers option.
Files generated in other applications like payrolls and accounts payable can be sent to the bank for processing. Beneficiaries can have accounts at MCB, other local banks or MCB subsidiaries.
When making a payment, the balance of the selected account will not reflect payment of the amount until this payment has been processed. The processing of payment will take place on a ‘first in’ basis and can happen any time during the day. When scheduling a standing order, the balance of the selected account will not reflect payment of the amount until payment has been processed during our settlement procedure, between approximately 4:00 and 5:00 pm.
If the beneficiary’s account is at MCB, the payment will arrive the same business day.
For beneficiaries at other local banks, it takes about 3 days for the payment to arrive.
If the beneficiary is within the MCBGroup the same payment procedure applies as with local banks, selecting the beneficiary´s bank from the Bank dropdown list on the Add New Beneficiary page.
If the beneficiary’s bank does not appear on the dropdown menu list, payment can be executed by means of a Wire Transfer.
Beneficiaries in the USA, Europe or any other part of the world can be paid by Wire Transfers.
MCBDirect Corporate generates confirmations both at creation of the payment and at its execution.
This confirmation number should be kept for your reference and serve to identify the transaction when information is required regarding this payment.
Yes, however, the beneficiary account will be credited in its native (e.g. NAf.) currency.
Transfers and payments are subject to the following daily and amount limits, subject to change by the Bank.
Maximum Amount per Day/Transaction (NAF)*
Own Accounts Transfers
Transfers to MCB Accounts
*For a transaction in another currency, the NAF equivalent will be used.
Authentication and encryption happens trough use of Digital Certificates.
MCB issues a Digital Certificate to every user of MCBDirect Corporate. This is a special permission to get access to the MCBDirect Corporate website. Log On to MCBDirect Corporate is only possible with the Digital Certificate.
We provide you with your own private key to enter our branch on the web.
Each user of MCBDirect Corporate gets his/her own User ID and password, to which the rights of the user are tied. Information of all users is stored on the bank’s server. Whenever changes have to be made on a user’s rights, this has to be requested via the mail option in MCBDirect Corporate. This ensures that all users and rights are carefully documented and accounted for.
Segregation of duties can be applied according to organizational structure of the company. Account view and amount limits can be applied to both creation and authorization of transactions, at user level.
MCBDirect Corporate has a monthly fee of NAf. 50,- which includes 1 Digital Certificate. There is an additional NAf. 10,- for each extra Digital Certificate.
The following transaction fees, with additional charges for Stop Payments and Checkbook Orders applies.
Within own Accounts
1.00 + OB per transaction
3rd. Party Payments
1.00 + OB per transaction
3rd. Party Payments
1.00 + OB per transaction
Wire Transfers (=International Payments)
Standard fees apply
Throughout MCBDirect Corporate, there are context sensitive help screens for your assistance. Click on the HELP button in the upper-right corner of each screen. If additional support is required, please send your question or comment via email to email@example.com or call 466-1836.
If you need more information on how our system works, the professionals of our Business e-Banking Support department will gladly provide this over the phone or give you a more elaborate presentation in person.
Send an email to firstname.lastname@example.org or contact us at (+599 9) 466-1838.
If you are already convinced, click the Apply Now button to sign up for MCBDirect Corporate.