Internet bank for business

Account information

• Systematized information about financial assets and liabilities held with the bank;
• Account balance on the selected day (of the last 3 months);
• Account statement since 2000. Possibility to save the account statement in the following formats: ACC, PDF, CSV, ISO 20022 XML;
• Filtering performed transactions – search for performed operations according to desired currency, amount, type of operations, remittance details, etc.;
• Incoming international payments – possibility to view received international payments, when the funds have not yet been credited to the account or credited during the last 2 years.

Payments and currency operations

• Domestic and international payments – possibility to confirm all prepared payments simultaneously;
• Salary payments with the possibility to not display the amounts of salary payments to selected users of the company;
• Import of payments – import of payment details from accounting systems to the Corporate Internet Bank (integration with accounting program used by the client according to the specified ISO20022 XML data structure);
• Defined payments – possibility for all users managing a certain account to use the payment templates;
• Double acceptance payments – possibility to confirm payments by two users where needed;
• Standing order agreement – upon the conclusion of the agreement you will ensure the remittance on a specified date (once a week, etc.) to a specified recipient of funds;
• E-invoices – review of all invoices issued to you by different suppliers and possibility to pay them by payment order or by selecting an automatic payment of invoices;
• Currency exchange – conversion of currency at more beneficial rate than in case of currency exchange in cash in bank branches, possibility to obtain information about exchange rates.

Company cards

• Ordering new cards – application for the acquisition of a new company credit card and ordering a business debit card with your chosen delivery option.
• Statement of company card account – choosing the desired company card number you will view operations performed in the account of the relevant period;
• Conditions of company card agreement and their amendments – possibility to amend the terms and conditions of use, set the transaction limits (for the purpose of payment for goods, withdrawal of cash or payments via ATMs) and print company card conditions in PDF format;
• Blocking and unblocking the company cards – temporary blocking of company cards. If a company card is not unblocked within 10 days, it will be blocked permanently.

E-invoicing

Administration of e-invoicing – terms and conditions of the agreement, reports on the applications for e-invoices submitted in the bank, already submitted e-invoices, and e-invoice data files. Subject to the conclusion of respective agreement, a possibility to see the agreements of automatic payment of e-invoices as well as payments and reports made under such agreements.

Management of payment card service

• POS applications – file the application for acquisition of POS (point of sale) terminal via the Internet and conclude the agreement to guarantee the services of maintenance of payment cards. Possibility to file an application for the acquisition of an extra Swedbank POS terminal.
• POS reports can be obtained via the Internet and saved in PDF or CSV format.

• Information about obligations (loans) with the bank – conditions, amounts due and loan repayment schedules.
• Overdraft – credits in bank account reports.
• Factoring – agreement condition and real-time reports.
• Guarantees – remote issuance of guarantees.
• Letters of credit – application for receiving a letter of credit.
• Documentary collection – application for receiving a service.
• Leasing – review of the terms and conditions of the agreement, applicable interest, relevant installment schedules, and payment of leasing agreement (-s) invoice.
• Motor own damage insurance (CASCO) – review of signed agreements, an option to receive an individual quote for CASCO with a help of spreadsheet and fill in an application for service.

• My portfolio – reports on profitability of securities, account balances, pending security transactions, applicable legal acts, exchange and central banks’ rates, interest on deposits, etc.
• Deposit agreements – possibility to conclude deposit agreements, follow accrued interest and if necessary terminate the deposit agreement.
• Overnight deposit report – if you have an active deposit, you can follow the movement of funds.
• Purchase and sale of stocks, prices, indices.
• Securities transfers and subscription for the purpose of viewing your securities portfolio in one place.
• Information for successful investment – market interest rates, market and global economic reviews, information about investment strategy, as well as questionnaire for assessment of knowledge, experience and risk in the field of investments.

• Currency trade and exchange rate risk management – Spot, Forward, and Swap deals.
• Liquidity management and investment – deposits with various periods of maturity (shortest deposit – one night (O/N), longest – 1 year).
• Reports – detailed reports on closed transactions according to the parameters set by the user. Reports are presented in a form of transaction statement.
• News and reviews – information on premier news and events of the financial market, reviews of financial market, calendars of macroeconomic indicators, schedules of exchange rates, etc.
• World economy outlook – the analysis of economic development, trends, and future perspectives of the major regions of the world prepared by Swedbank’s analysts.

Minimum transaction amount allowed in Traderoom is 1 500 EUR for currency transactions and 30 000 EUR for term deposit deals (or equivalent in a foreign currency).

Group account management

• Monitoring and managing the group funds – full information and reports on accounts of group members for effective monitoring and management of group funds;
• Establishing limits – establishment of intra-group borrowing limits in eligible currencies for group members;
• Establishing interest – establishment of negative and (or) positive interest rate for group members;
• Administering an automatic interest transfer – automatic interest transfer order (cancellation).

Opening accounts with Swedbank

Opening a new account – opening account with another Swedbank Group or foreign bank via Swedbank, AB or opening account with Swedbank, AB through a foreign bank.

• Bank messages – possibility to use messages of special forms for adjustment or cancellation of payment, order of cash or copy of payment order, change POS terminal conditions, etc.
• Uploading and signing documents – possibility to remotely sign or upload documents required for the decision-making by the bank and review the status.
• E-services – connection to e-services systems of the State Tax Inspectorate, Centre of Registers, and other public e-services.