Business customers of Isle of Man Bank and NatWest can now download a new App designed to help them manage their finances from their iPhone.
It follows on from the successful launch of an iPhone App for personal customers last summer which has since become the Bank’s fastest growing channel. There are more than 10,000 active users of the retail banking App in the three jurisdictions of Isle of Man, Jersey and Guernsey. On average each customer makes at least one bill payment and two account transfers each month, and they look at their bank balance twice a day.
The new business banking App enables customers to transfer money between accounts, view transactions and statements, check balances, make payments to anyone previously paid through the Bank’s online service and find directions to where the nearest Isle of Man Bank and NatWest branches or cash machines are located. Additionally, customers can view multiple accounts without the need to log out and back in again with different account details and view a full statement of recent transactions.
Chris Mitchell, Head of Business and Commercial at Isle of Man Bank and NatWest, commented:
‘With the launch this month of the business banking App, Isle of Man Bank and NatWest becomes the only bank offshore to offer dedicated Apps for both retail and business customers. This exclusive App for our business customers provides them with more control to manage their finances and help them keep track of payments and balances on the move.
‘Data available from the previously launched retail banking App indicates how popular the facility has been for our customers and we are confident that business customers will also appreciate the advantages.’
Available for iPhone devices, the new business banking App can be downloaded free of charge following a simple and secure registration process for existing online banking customers of the Bank. It is available to other customers of Isle of Man Bank and NatWest once they have registered for online banking.
Business customers wishing to download the App can do so by going to the iTunes App Store on their iPhone and keying in Isle of Man Bank or NatWest Offshore.
