Corporate banking

Accepting Payments

If you need to receive payments from overseas, we have a handful of solutions for you or your customers.

Options for receiving money from abroad include:

Electronic payments

Ensure correct routing of your customer's funds when transacting. Require your customer to quote the following:
  • Beneficiary's Bank account number
  • Bank Code and Branch Code
  • The MCB's SWIFT code 'MCBLMUMU'

Cheques

Foreign currency cheques or overseas Banker's Drafts will be processed on a 'negotiation with recourse 'or'collection bases. These cheques will always be cleared as quickly as possible.

Collection

If a cheque is drawn in a currency other than the one in which it is issued, we take the responsibility of sending it for collection to the bank on which it is drawn. Your account will be credited when we receive the money.

Online payments

If your business is engaged in e-commerce, you are also entitled to receiving payments through cards transactions for payments made online.

If you wish to put your business on the Internet and increase your sales, try our e-commerce solutions.