Payables Management

Secure, round-the-clock payments from your CBD accounts CBD provides a comprehensive solution to meet your payments requirements

Secure, round-the-clock payments from your CBD accounts

CBD provides a comprehensive solution to meet your payments requirements. Through iBusiness, our corporate online banking platform, and iConnect, our API banking, host-to-host solution you can:

  • Transfer funds between CBD accounts
  • Make local domestic and instant payments along with international (Swift) payments
  • Make bill payments for various utilities and merchants
  • Print cheques via Remote Cheque Printing (RCP), electronic cheque printing solution
  • Pay WPS and non-WPS salaries as well as pension payments 

Account Transfers, Local and International Payments

You can make account transfers within CBD and payments to local and international beneficiaries using our electronic channels. With iBusiness, you can:

  • Create and maintain a beneficiary library
  • Design an authorisation workflow to match your account mandate
  • Create individual transactions on-screen or bulk transactions via file upload
  • Track and view payment statuses for international transfers

Bill Payments and Government Payments

Make payments to various utility companies and merchants using CBD’s bill payments facility. Our merchants include:

  • Abu Dhabi Distribution Company (ADDC)
  • Al Ain Distribution Company (AADC)
  • Dubai Electricity and Water Authority (DEWA)
  • Federal Electricity and Water Authority (FEWA)
  • Sharjah Electricity and Water Authority (SEWA)
  • Salik
  • Telecommunications (DU and e&)
  • Department of Naturalisation and Residency Dubai (DNRD)
  • Department of Economic Development (DED)
  • Federal Tax Authority (FTA)

Corporate Cards

CBD corporate cards can help improve efficiency by simplifying your procurement practices and removing manual handling from traditional payment processes. You can streamline supplier management by conditioning purchases with preferred suppliers.

Remote Cheque Printing (RCP)

Manage cheque payments effortlessly with our secure electronic cheque printing solution, RCP. From your office, you can:

  • Create bulk cheques online via file upload
  • Authorise and electronically print signatures on cheques
  • Print cheques using your custom template
  • Utilise centralised or multiple printer locations
  • Obtain Positive Pay Confirmation

Click here to view and download the RCP forms (iServe – Forms).

Payroll and Pension

Our comprehensive payroll and pension services include:

  • Wage Protection System (WPS)
  • Non-WPS internal and external salary
  • Payroll Card
  • General Pension and Social Security Authority (GPSSA) payments
  • Abu Dhabi Retirement Pensions & Benefits Fund (ADRPBF) payments

Standing Orders

Set up standing orders to automatically transfer funds to other CBD accounts or external banks at your preferred frequency.

Download CBD App - and open an account in minutes.

Access your financial future from the palm of your hand.

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