Now?The easiest
way to access your accounst over the internet for Proprietorships,
Partnerships, Companies, Trusts, Societies, Clubs, and HUFs with
Net Banking for Non Individuals & Entities...
Its Net
Banking with two modes of access, where the Non Individual/Entity
could specify certain authorised persons to access specific accounts
of the Non Individual/Entity over the internet either for just making
enquires or for all transactions.
Want more information?
Please read the frequently
asked questions below...
Entities like Proprietorships,
Partnerships, Companies, Trusts, Societies, Clubs, and HUFs who
have a banking relationship with Standard Chartered Bank are termed
as Non Individuals.
Why should you, as a Non-Individual/Entity,
use Net banking?
Net Banking, InterNet banking service from Standard Chartered Bank is a simple, hassle-free
& secure service, which allows you to access your accounts with
us online in the comfort of your home or office at a time convenient
to you. With Net Banking
one can:
Moreover we have launched
a new mode of access, "Query Only", where an individual could
be authorised to access specific (or all) accounts over Net banking
on behalf of the Entity, but be restricted to only do "Queries"
and any financial transaction (debits) would be prohibited in all
cases.
Net Banking is also
available with "All Transactions" access where authorised
persons, can do all transactions, including financial transactions.
What are the kinds of
access that Non Individuals get though Net Banking?
Such entities can authorise
certain individuals by virtue of their position in the entity or
by association with the entity to access the accounts that are held
by the entity with Standard Chartered Bank. The entity can choose
between "Query Only" or "All Transactions" access
for each of the accounts that they would like to authorise access
to certain individuals, using the InterNet banking Application for
Non-Individuals form.
Such access allows persons
authorised to access specific (or all) accounts of the entity, over
Net Banking on your behalf, but be restricted to only do
"Queries" on such accounts. All financial transactions (debits)
would be prohibited for such accounts.
Any one you would want to
give access to only query/view your accounts. This can be an Accounts
Manager or even your secretary.
Please note - Proprietor
of a Proprietorship Concern cannot be registered with a "Query
Only" access. Such a customer would necessarily get "All Transactions"
access. The Sole Proprietor however can nominate and authorise any
other person (say an employee) to access these accounts for "Query
Only" Access.
This is an unrestricted
access. The persons so authorised to access specific (or all) accounts
of the entity, over Net banking can do all transactions, unhindered
for all these accounts. These include and are not limited to transactions
like Funds Transfer, InterBank Funds Transfer, Demand Draft Requests,
Bill Payments (soon to be launched), Fixed Deposit requests and
Card Payments.
This is an unrestricted
access hence can be given to individuals who already are recorded
Authorised Signatories with the bank for specific accounts of the
concern. Such Authorised Signatories (individuals) necessarily should
have a mandate to operate such accounts individually and without
any restrictions of value/amount or frequency on behalf of the concern.
Can the same person have
"Query Only" and "All Transaction" Access to accounts?
Yes. You could set-up
some accounts for "Query Only" and some accounts for "All Transactions".
Need less to say that the list of accounts for "Query Only" and
the list of accounts for "All Transactions" have to be mutually
exclusive. This feature is provided for on the InterNet banking
Application for Non-Individuals form.
Nothing! This service
comes to you completely FREE. Does not matter if you use
"View Only" or "All Transactions" Access. This service is entirely
free.
What is the procedure
involved in registering Non Individuals for Net Banking?
There are five easy steps
that go into registering for Net Banking for Non Individuals.
This is best explained with an example.
For example: Let's say we have a Company M/s. ABC & Co wanting to
register for Net Banking.
Step 1
The Directors of M/s.
ABC & Co would have to authorise a certain individual, say
the company's Accounts officer Mr. X to access all/or some
accounts of the Company held with Standard Chartered Bank.
They would have to complete the relevant Company Details on
the InterNet banking Application for Non-Individuals form.
Step 2
Further on, the directors/authorised
signatories of M/s. ABC & Co would use the InterNet banking
Application for Non-Individuals form and pass the resolution
as on the form.
Step 3
On the reverse of the resolution
area, lies the access authorisation. Here details for Mr.
X would have to be filled in. This would include the accounts
that are authorised for access. You can either select "Query
Only" or "All Transactions" and not both for each of the accounts.
(In such case, the form would be returned unactioned). Lastly
Mr. X has to sign in the area provided and the seal of M/s.
ABC & Co would have to be affixed.
Step 4
In case there are more than three
accounts that are to be accessed for one Mr. X, then you could
use the next box where three more accounts can be added to
the authorised list. But, the entire box with Mr. X's other
details would have to be completed too and signed & stamped
too.
Step 5
Drop the form in any of the Standard
Chartered Bank branches or mail the form to
the address specified on the form
Net Banking access
would be set-up and Mr. X would receive his Login ID and the Password
in eight days form the receipt of the form at the bank.
Can the given access to
Net Banking be modified later?
Yes. Following are the various
modifications to the access and the methods of requesting them.
ADD
To add a new person
authorised to access the accounts, simply complete the InterNet banking Application for Non-Individuals form and send it to
us as you did in the first time.
APPEND
To append more accounts
to a person already authorised by the company to access, simply
complete the InterNet banking Application for Non-Individuals
form. Mention the new accounts that are to be added to the
access list and send it to us as you did in the first time.
MODIFY
To modify the access
mode [Form "Query Only" to "All Transactions" and/or vice
versa} on the accounts already authorised by the company to
access, complete the InterNet banking Application for Non-Individuals
form with the new (modified) access choices against the relevant
accounts. Send it to us as you did in the first time.
DELETE
The InterNet banking
Application for Non - Individuals form should not be
used. The deletion request has to be a duly formatted Board
Resolution clearly detailing the deletion the access to some
accounts or all accounts that the individual currently has
access, whether for View Only or All Transactions.
For Add, Append & Modify the entire
InterNet banking Application for Non-Individuals form has to be
completed in all respects including the Board Resolution.
The Deletion request should
also be in the form of a Board Resolution, only difference is that
it should be on plain paper and the InterNet banking Application
for Non-Individuals form should not be used. Your relationship
managers or your personal financial consultants in our branches
would be glad to assist you in this.
I have more questions
or issues with Net Banking for Non-Individuals?/B>
Please call us at the
Phone Banking
number in your city or click here
to drop us a line. We will be happy to resolve any doubts that you
have.
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