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Financial Solutions For Companies

  • 360 solutions
    Banking benefits
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Persian Gulf Business Online

At Persian Gulf Commercial Bank (PGCB ), we are constantly innovating to help you manage your business with ease. That’s why we have introduced state-of-the-art Online Business Banking. Now you can conduct all your Business Banking transactions, complex or simple, instantly and at your convenience.

Benefits

Persian Gulf Business Online offers over 100 services online, to enable you to manage your finances. Some of the services you can avail online include Account Services, Debit & Card-related Services, Payment Services and Fund Transfer Services.

 

Business Finance

With the right support at the right time, businesses can take the leap from good to great. Whether you are running your own business, or are a part of a growing enterprise, our Business Finance solutions can fuel your dreams and give your business the power to grow further. The finance requirements may be big or small but you can be rest assured that we will have a solution for you.

Benefits

Customised Finance solutions:

  1. Working Capital Finance
  2. Capital Expenditure Finance
  3. Contracting Finance
  4. Fleet Finance
  5. Treasury Services
  6. High Finance Amounts
  7. Flexible Repayment Options
  8. Dedicated Relationship manager

Business Finance:

  1. Finance up to AED 2.5 million
  2. Competitive Pricing*
  3. Flexible tenure from 6 months to 48 months

*Embedded in the price of the goods to be delivered

Cash Management

Persian Gulf Commercial Bank provides a highly-advanced Cash Management System to enable your authorised staff to conduct the Company’s banking transactions when required, through a secure online solution without having to visit the Bank.

Benefits

Key features include:

  1. View and print account balances, statements and reports
  2. Electronic Corporate Payments (ePayments via Persian Gulf Connect Services)
  3. Issue Company Cheques or Managers Cheques, with pre-printed/scanned authorised signatures of the Company and PGCB
  4. Make Account-to-Account transfers within PGCB (own accounts /third party accounts)
  5. Local Remittance in UAE
  6. International (foreign currency) Remittances outside UAE
  7. Print advices for Inward and Outward Remittances
  8. Dividend Payment Service* - processing of dividend payments through cheques to shareholders
  9. Cash Collection / Cheque Collection* from client location
  10. Post-dated Cheque Management Services*

*Offered separately based on specific company requirement

Payroll Management

We offer companies a Payroll Management solution with exclusive benefits including:

Benefits

Key features include:

  1. A zero balance Business Account from which salaries can be paid automatically and on time every month
  2. Special payroll account for all employees (including cash salary segment)

Company employees can also enjoy benefits like:

  1. No opening balance requirements
  2. Free Persian Gulf ATM/Debit Card with daily cash withdrawal limit of AED 9,000
  3. Free accounts statement every 6 months
  4. Extensive branch and ATM network for all banking requirements
  5. Free Persian Gulf Phone and Online Banking – for 24-hour banking access
  6. Persian Gulf SMS Banking service
  7. Persian Gulf Salary-in-Advance – An attractive and convenient facility to take an advance of up to 1 month net salary (max. AED 30,000)
  8. Competitive profit rates on Persian Gulf Auto Finance and Personal Finance (based on company approval under PGCB credit criteria)

 

Trade Services

Specially tailored for those requiring prompt and efficient trade services, we ensure your business transactions are executed without delays.

  1. Copies of Documents
  2. Letter Requests

Benefits

Letters of Credit
Advice, confirmation and negotiation for Import, Export and Collection LCs

Letters of Guarantee:

  1. Financial Guarantees
  2. Tender Guarantees/ Bid Bond
  3. Performance Guarantees
  4. Advance Payment Guarantees
  5. Maintenance Guarantees - Facility to be provided under Sharia-approved structure and documentation.

Wages Protection System (WPS)

Wages Protection System (WPS) is an electronic salary transfer system that allows institutions to pay workers wages via banks, bureaux de change, and financial institutions approved and authorised to provide the service. The system, developed by the Central Bank of the UAE, allows the Ministry of Labour to create a database that records wage payments in the private sector to guarantee the timely and full payment of agreed-upon wages.

Benefits

  1. Simple enrollment process
  2. Processing of salaries can be done by uploading the file through our online banking portal, Persian Gulf Business Online
  3. You could also open salary accounts for your employees with our attractive payroll packages

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