Can users be added to the company's online banking? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Can users be added to the company's online banking?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Most advanced corporate banking services allow multiple users with varying permissions, which is better than sharing a single username among employees.

Key points

  • Distribute permissions according to function: view only, create transfer, approve transfer, manage beneficiaries.

  • If the system supports Maker/Checker, enable it for critical payments so that one person initiates the transaction and another reviews and approves it.

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