COMMERCIAL PRODUCTS – BBG WEBSITE

Our considerable resources and our commitment to Ghana means that we are able to offer Business customers tailor-made quality services and are the only 'AA' rated bank operating in Ghana.

Our aim is to build close relationships with our customers, based on a complete understanding of the key issues in the various business areas in which they operate. We want you to turn to Barclays first for solutions to your banking needs. This is why Barclays Business Banking in Ghana aims to provide a "one-stop shop" for all Business customers.

Our approach is to understand your requirements and then design banking and finance packages to meet those needs. Our aim is to ensure that Barclays provides your business with the right service solutions, products and financial services to enable you to operate efficiently and profitably.

We are positioned to draw on the substantial resources of Barclay’s International network of financial services to benefit our customers in Ghana. Through Barclays Capital in London we provide extensive finance in various currencies for a number of large projects in the country.

International corporate involvement in Ghana is growing, and many major multi-national institutions have recognised the need to implement coherent corporate strategies for Africa as a whole, and particularly in Ghana.

We can also provide comprehensive support to the increasing number of large businesses with pan-African operations, who may be seeking to co-ordinate their banking arrangements throughout Africa.

A Flexible Range of Banking Services

As long-standing specialist providers of business banking services, we understand the expectations that Business customers have of their Bank.

At Barclays Bank Ghana (BBG), we offer a comprehensive range of Business Banking services. Our core banking services have been developed to meet the needs of many different types of business including:

Cash Management - Total Transaction Solutions

Barclays Bank takes great pleasure in introducing Barclays Integrator an innovative internet transactional banking solution that offers our valued customers access to view, track, transfer and effect payments on their accounts regardless of their location on the globe or the time transactions are executed, Barclays Integrator is a transactional banking platform second to none in the market.

Barclays Integrator offers both our onshore and offshore Corporate and Business Banking customer’s total control of their business finances through a range of features that gives you the flexibility and the reassurance of secure banking. Barclays Integrator offers you, the customer, more control, improved efficiency and greater convenience through the following services:

Account Enquiry - Account information is real-time, meaning inflows and outflows can be monitored as and when they occur on all linked Barclays accounts held across Africa.

Local Payments - enables payments to be made within Ghana, to accounts within Barclays or to other banks.

Future Dated payments - enable your payments to be created and\or authorised prior to the day they need to be executed.

Inter Account Transfers - allow you to transfer funds between your own Barclays accounts. The transfer will be instant and funds will be available for use immediately.

File Import - the feature allows you to extract a large number of transactions from your accounting system for upload and authorisation. This eliminates the need to recapture the payments manually. This feature is available for both payments and collections in all currencies.

File Export - this feature gives you the ability to export statement information to a treasury PC for reconciliation purposes.

Swift Payments - enables you to send telegraphic transfers cross-border in multiple currencies. Swift payments can be made directly to the beneficiary’s bank without sending application forms to the bank.

Direct Debits - enables you to process a direct debit against a remitters account and greatly improve your collection process and enhance cash flow in your business.

Recurring Payments - enables you to create multiple recurring payments in a recurring manner that suits your needs. This will work for both local and swift payments.

Cash Requests - this facility allows you to order cash in specified denominations, in local and foreign currency from the bank.

Cheque Requests - this feature offers the opportunity to instruct the bank to issue Corporate Cheques or Bank Guaranteed Cheques on your behalf.

The system uses the highest level of security available in the world, and this lies within its design. We provide dynamic passwords using token devices, and maintain control through Access Profiles. This specifies the parameters, levels and functions that users can operate within your own organisation, and various combinations of authorisation levels are available. We use the latest 128 bit data encryption with Message Authentication Code (MAC), allowing secure banking and piece of mind.

The system is supported by dedicated consultants who understand your business, and will be on hand to provide full support including on-site user and administrator training. We believe this service brings together an outstanding and unique range of payments, collections and information services to you; our most valued corporate customer. We are confident that you will find that Barclays Integrator offers the ease to manage your business finances and cash resources more effectively and conveniently.

• Inter Account transfers
• EFT payments (same day if the beneficiary account is at Barclays)
• Local EFT payments to other banks
• SWIFT payments
• Cross Currency payments
• Direct Debit Payments
• Recurring Payments
• Urgent Payments (RTGS)
• Electronic Cheque Payments

NB: Payments can be set to be current or future dated up to 3 months in advance. This payment module will mirror your existing bank mandates and will be availed to all signatories of the organization accounts.

Historical Information: Your organization will now be in a position to access its statements as far back as six months online and will have the capability to print or export account information in the various formats.

Flexibility: The system is internet based and can therefore be accessed anywhere and at all times, provided the users have the security devices to be provided by Barclays Bank. This implies:

• Flexibility in terms of global access
• No software is required
• Automatic upgrades
• No site support visits required
• Dynamic & secure password generation

Other Features include:

• Ability to import bulk payment information for both local and international payments.
• Beneficiaries: Ability to pre-register and pre-authorise frequent beneficiaries including all bank details and payment limits. This allows you to select only the amount each time you make a payment.
• Ability to export or print account information for reconciliation purposes.

What does this mean for you:-

• Access to Real time account information
• No more software installation or maintenance requirement
• All you need is your existing internet access. This could be through dial ups, lease lines or wireless connectivity
• You can bank anywhere and anytime you please
• You receive automatic upgrades to the system
• State of the art security protocol.
• Seamless processing which translates to better customer service and improved response times to queries.

Hardware Requirements

• Any IBM compatible PC, Apple PowerMac or Apple iMac
• Pentium processor (486/66-MHz + recommended)
• Memory (32Mb RAM, 128 Mb recommended)
• Windows XP, 2000, ME, NT 4.0
• Microsoft Internet Explorer 6.0 and above
• Screen resolution (1024 * 768)

Pay Master

A service that unburdens our clients of payment schedules due their respective stakeholders. Barclays assumes the responsibility of ensuring that payments to clients' suppliers, staff and shareholders are executed on time, accurately in the most cost-effective and secured manner. Benefits:

• On-site mobile payroll
• Centralised voucher processing
• Reduced transactional charges

Bulk Cheque Printing and Delivery

Barclays has put in place the platform that offers clients bulk cheque printing and encashment services. This service is ideal for companies that issue bulk cheques for dividend payments, insurance claims etc.

• Clients do not have to keep large volumes of cheques on-site
• Barclays absorbs the risk associated with delivery and encashment of cheques

Collection Solutions

A service that offers a flexible suite of products ensuring the most efficient and cost effective means to collect all your business' incoming funds. Benefits:

• Dedicated collection service to collect payments on your behalf (cash or cheque)
• Collection windows available in our branches
• In-transit risk carried by Barclays Bank
• Outsourced timely cash and cheque collection
• Customised deposit vouchers (CDV)

Direct Debits

A service which enables the bank to electronically collect regular payments from your clients on your behalf, without having to wait for your customer's payment instructions. A one-off authorisation from your clients is needed to enable Barclays collect both variable and fixed amounts on regular basis and at a time suitable to you. Benefits:

• Saves time and money
• Provides full reconciliation details

Pay-off Scheme

Barclays offers a tailor-made solution for your financial and back-office needs in a secured and timely manner. Benefits:

• Minimise costs
• Simple and convenient
• Flexible and adaptable

Other services include:

• Telegraphic Transfers
• On-site Cashiering
• Insurance Remittances
• Utility Bills Collections

For more details on Electronic banking and cash management contact Barclays Business banking unit on:

Tel: + 233 (21) 677670 /677572 and + 233 (21) 677655