Dubai Islamic Bank launches cash manager account – first free cash pick, drop service in Pakistan

Banking and Finance

Karachi –– Dubai Islamic Bank Pakistan Limited DIBPL has launched Cash Manager Account in the country which offers a complete business cash management solution form corporate customers.

The purpose is to enable business segment comprising retailers, schools, small and medium size enterprises to manage their payments and collections in efficient manner. It offers business customers facilities of free cash pick and drop service, nationwide collection and payroll solution, a DIBPL press release said on Monday.

DIBPL customers can free themselves from hassle of visiting the branch for making large deposits. Bank will pick up cash right from customer’s doorstep and deposit it into their account in a safe and secure manner. With free payroll management service, customers can avoid writing cheques as DIBPL will automatically disburse salaries into employee accounts each month. Employees can enjoy free ATM, debit card and pay order facilities along with discounted financing rates for auto and home finance.

With growing presence in 26 cities through 59 branches across Pakistan and world class expertise in retail, corporate, SME and investment banking services, DIBPL customers can positively look forward to many new augmented banking products this year. DIBPL commenced operations in Pakistan in 2006 and committed to providing world class Sharia compliant products, services through its online branch network covering major cities in all the four provinces.

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