Balances and Statements

Up-to-date online bank balance

Efficient cash management is key to the survival of any business. We understand the importance clients place on having the correct information and ensuring that cash is in the ‘right place at the right time’. Business Online gives you access to your online bank balances and/or statements for all your accounts held at Standard bank.

Business Online’s balance and statement capability provides up-to-the-minute information, as well as all transaction details. This gives you all the tools you need to run your business, doing away with the need for any intervention to balance and reconcile your accounts.

Online balances and statements features

Single view of online balances

• View all online balance and statement information for all your bank accounts, including across companies/subsidiaries, across all geographies, on one screen in a specified currency.
• Non-Standard Bank balances or statements (agent bank) can similarly be made available, enabling you to view various bank balances/statements on one screen.
• A search facility is available for quick and accurate searching of a specific transaction.

Checking statements made easy

• Interim or intra-day statements are available, enabling a view of changes (transactions processed) to your accounts throughout the day
• Full end-of-day statements, reflecting all transactions posted to the account for the period since the last statement cut-off date, are available as at the end of each day
• Statements can be downloaded directly from the system in a variety of formats compatible with most ERP and accounting systems.
• The statement history period is 180 days
• Printer-friendly versions of statements are available

Segregation of duties

• The system offers segregation of duties, enabling you to specify which staff are allowed access to the various account balances and statements.

Single view of balances

View all online balance and statement information for all your bank accounts.

Global

Access balances across your bank accounts, including companies/subsidiaries, across all geographies, on one screen, in a specified currency and segment.

Simplicity

Statements can be downloaded directly from the system in a variety of formats compatible with most ERP and accounting systems.

Control

Specify which staff are allowed access to the various account balances and statements.

Up-to-the-minute view

Business Online’s balance and statement capability provides up-to-the-minute information view.