PROPOSED UK BANKING INSTITUTION · PRE-AUTHORISATION

Proposed business banking

Infrastructure for businesses that need clarity.

EnteleBANK intends to develop secure digital banking and payment capabilities for entrepreneurs, SMEs and corporate customers.

Proposed capabilities

Subject to authorisation and product approval, intended capabilities include business current accounts, domestic and international payments, multi-currency and foreign-exchange services, and treasury-oriented account tools.

Control environment

The proposition is being designed around appropriate onboarding, identity and ownership verification, sanctions and financial-crime controls, transaction monitoring, fraud prevention and auditable operational processes.

Not yet available

No business account or regulated banking service described here is currently available from EnteleBANK.