Sunday, August 24, 2025
  • GMC
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • Announcement
  • More
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • Announcement
  • More
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo

Web-based Corporate and Retail Internet Banking launched for businesses and individuals

August 23, 2023
in Other Stories, Technology
Reading Time: 2 mins read
0
0
SHARES
19
VIEWS
Share on FacebookShare on Twitter

Businesses and individuals can carry out various online financial and non-financial transactions, all from the comfort of digital devices. The Bank of Bhutan has introduced and launched a new web-based Corporate and Retail Internet Banking service.

The new web-based platform offers similar features to the existing mBoB service but with added advantages. It enables users to perform multiple transactions in a single operation, making financial transactions more convenient.

Designed primarily for companies, Corporate and Retail Internet Banking also provides transactions for individuals.

“There are a certain group of customers who are not comfortable using a mobile device to do their financial transactions and for those customers, they would be comfortable using a web-based application such as internet banking to do their daily financial or banking-related activity. And again MBoB is not for corporate banking. And so for corporate clients, we had to come up with something different where they can do their various business transactions,” said Upahar Subedi, chief of Corporate Strategy, BoB.

Traditionally, businesses and offices needed to visit the bank to process tasks like depositing payroll.

However, with the new Internet banking, tasks such as depositing dividends and payrolls can be done online, eliminating the need for physical visits.

“We were providing services such as Secure File Transfer Protocol (SFTP) to the customers but that is not very secure when it comes to transactions. So, we are going to move away from SFTP to Internet banking and for SFTP, they had to send their details to the bank people. The bank had to do the transactions. When it comes to Internet banking, they can do their own transaction. So, bank people will not be involved during the transaction,” added the chief.

The new service is free for retail users. Corporate users will have to pay a minimal charge based on the number of users from next year.

Samten Dolkar

Edited by Sonam Pem

Previous Post

Districts across the country receive Lumpy Skin Disease vaccine

Next Post

Over 3,000 acres of farmland enclosed with chain-link fencing to mitigate human-wildlife issues

Next Post

Over 3,000 acres of farmland enclosed with chain-link fencing to mitigate human-wildlife issues

Women’s cricket team in Malaysia for 2024 ICC Women's T20 World Cup Asia Qualifier

Amochhu dredging in progress to prevent formation of artificial lake

Please login to join discussion

RECOMMENDED NEWS

His Majesty meets Rajya Sabha’s Opposition

12 years ago
2
Increasing accidents worry residents in Monggar

Increasing accidents worry residents in Monggar

4 years ago
1

Treating epilepsy challenged with social stigma and myths

7 years ago
5
Serthig’s lone poultry farmer prospers

Serthig’s lone poultry farmer prospers

7 years ago
5

BROWSE BY CATEGORIES

  • Accidents (15)
  • Agriculture (484)
  • Announcement (193)
  • Audience Survey Report (1)
  • Business (776)
  • Crime/Legal (382)
  • Culture (52)
  • Development (59)
  • Disaster (57)
  • Economy (304)
  • Education (439)
  • Entertainment (19)
  • Environment (79)
  • Feature (66)
  • Featured (9)
  • Festival (84)
  • GMC (20)
  • Headlines (8)
  • Health (655)
  • HYDROPOWER (1)
  • Legal (62)
  • Literature (10)
  • Livestock (81)
  • Media (27)
  • Other Stories (5,935)
  • Politics (422)
  • RCSC (2)
  • Recent stories (7)
  • Religion (46)
  • Sci/Tech (726)
  • Social (614)
  • Sports (482)
  • Technology (202)
  • Tourism (25)
  • Uncategorized (13,873)
  • Video (142)
  • Video Story (258)
  • Wildlife (43)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Authorities link 23 TikTok accounts to online shopping-based gambling, freeze 26 other bank accounts

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • Trongsa Viewpoint Resort up for auction once again

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • Three education consultancies notified of suspension say they seek clarity and plan to appeal against authority’s decision
  • Two cases involving 13 smuggled puppies intercepted since last year
  • New processing centre brings hope to Bangyul Cotton Farmers’ Detshen
  • Chamkuna road, stretch between Phuentshogling Thromde and Amochhu Bridge leaves commuters frustrated
  • Special Olympics Bhutan contributes sports gear worth Nu 430,000 to inclusive schools

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • HYDROPOWER
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • GMC
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • Announcement
  • More
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.