Point of Sale

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POS Definition:

POS is an electronic funds transfer system, whereby you can pay for purchases in any commercial unit offering such service to add more comfort and ease to your life, and facilitate speedy financial transactions .

 

Advantages and Properties :

Reducing the burden of cash collections during the day, and risks of transport and deposit in a bank branch, saving time and effort required by these operations.

Speed standards and flexibility in financial settlement operations and daily automatic deposit.

Daily and monthly reports on the POS financial transaction.

High level of operational efficiency and technical support for POS devices around the clock to ensure quality service.

Aadvantages of promotions and exclusive advantages offered by the Bank’s POS Services.

 

Documents required:

  • Open a current account with the Bank in accordance with the applicable legislation.
  • Commercial register and valid trade license.
  • Fill the form and the POS agreement.