Business Credit Cards
CMBDirect Corporate is more than just online banking; it is an extension of your accounting system. Increase efficiency in payments and billing, payroll management and bookkeeping.
Third Party Payments
Upload files generated in other software applications, such as payrolls and accounts payable, for processing and payment to beneficiaries with CMB accounts, other local banks.
SSL EV Certificates
Websites using EV SSL certificates have a unique visual indication in the browser’s URL bar, to help you identify the use of increased security verification measures. For example: Google Chrome displays a padlock icon as well as our bank’s name (Caribbean Mercantile Bank N.V.).
Authentication trough e-Code (soft token)
Besides a User ID and password, you will be issued an e-Code (soft token). This is continuous changing 8-digit number needed to access the system. Access to CMBDirect Corporate is only possible with your e-Code (soft token).
CMBDirect Corporate runs on a physical server in a protected environment at the bank. Using a secure Internet connection, you have direct and one-on-one secured access to this server.
Each user of CMBDirect Corporate gets his/her own user ID and password, to which the rights of the user are tied. Information of all users is stored on the bank's server. Whenever changes have to be made on a user's rights, this has to be requested to the CMBDirect Corporate Administrator at the bank. This ensures that all users and rights are carefully documented and accounted for.
Segregation of Duties
You can manage a segregation of duties, according to organizational structure of your company. Apply amount limits to both creation and authorization of transactions, at user level.
All transactions are recorded in an activity log, with date, transaction type, amount, confirmation code and user name. You can check at any time which transactions were done by whom.
Here are some of the many advantages of using CMBDirect Corporate as a commercial customer:
CMBDirect Corporate is a web-based Commercial Internet Banking system, designed for larger types of businesses and organizations. CMBDirect Corporate is available 24/7 and accessible from all over the world.
All active accounts you are authorized to view, as well as the account balances of your Credit Card(s), Personal Loan(s), Mortgage(s), Time Deposit(s), Call Account(s), Investment Account(s) and Insurance Policies.
On the Change Profile page, there is a submenu Add/Remove Additional Accounts.
Click on the submenu button and fill out the form.
You can view current and savings account transactions up to thirteen (13) months back.
Statements for Current, Statement Savings accounts and all Credit Cards are available in lightweight full color online versions that print in an ink conserving way, or save the full color PDF on your computer. A Detailed History can also be downloaded in different file formats to your PC for import into other applications.
Transactions submitted and processed on CMBDirect Corporate, or through other bank departments, prior to 4:00 pm on business days will show up CMBDirect Corporate after 11:00 pm that same day.
An account transfer is moving funds between the Current and/or Savings Account(s) that are set up in CMBDirect Corporate. Transfers are supported in AWG, USD and Euro currencies. The transfer will occur in the currency of the ‘From’ account. To transfer funds, select the account you want to transfer funds ‘from’ and the account you want to transfer the funds ‘to’.
Yes, it you can transfer US Dollars and euros if the ‘From’ account is a Foreign Currency account.
It is also possible to make payments from a US Dollar or euro account.
With Payments one can pay anyone with an account at CMB and other local banks. These payments can be single payments, batch transactions or standing orders. International payments can be done by using the Wire Transfers option.
Files generated in other applications like payrolls and accounts payable can be sent to the bank for processing. Beneficiaries can have accounts at CMB and other local banks.
We support payment files in FEP format. A description of this file format is available on request.
When making a payment, the balance of the selected account will not reflect payment of the amount until this payment has been processed. The processing of payment will take place on a ‘first in’ basis and can happen any time during the day.
When scheduling a standing order, the balance of the selected account will not reflect payment of the amount until payment has been processed during our settlement procedure, between approximately 4:00 and 5:00 pm.
If the beneficiary’s account is at CMB or at a local bank, the payment will arrive the same business day.
Payments to beneficiaries on other islands can be executed by means of a Wire Transfer.
Beneficiaries in the USA, Europe or any other part of the world can be paid by Wire Transfers.
CMBDirect Corporate generates confirmations both at creation of the payment and at its execution.
This confirmation number should be kept for your reference and serve to identify the transaction when information is required regarding this payment.
Yes, however, the beneficiary account will be credited in its native (e.g. AWG) currency.
Transfers and payments are subject to maximum daily and amount limits, subject to change by the Bank.
As a client you are able to define maximum limits per user, per transfer type.
Every user is assigned a User ID, Password and e-Code (soft token). The combination of a User ID and two-factor authentication provides secure access to the CMBDirect Corporate online banking platform.
Each user of CMBDirect Corporate gets his/her own User ID, to which the rights of the user are tied. Information of all users is stored on the bank’s server. Whenever changes have to be made on a user’s rights, this has to be requested via the mail option in CMBDirect Corporate. This ensures that all users and rights are carefully documented and accounted for.
Segregation of duties can be applied according to organizational structure of the company. Account view and amount limits can be applied to both creation and authorization of transactions, at user level.
CMBDirect Corporate has a monthly fee of AWG 50,- which includes one (1) user. There is an additional AWG 10,- for each extra user.
The following transaction fees apply.
Within own Accounts
3rd. Party Payments
3rd. Party Payments
Wire Transfers (=International Payments)
Standard fees apply
Throughout CMBDirect Corporate, there are context sensitive help screens for your assistance. Click on the HELP button in the upper-right corner of each screen. If additional support is required, please send your question or comment via email to [email protected] or call (+297) 522 3000.
If you need more information on how our system works, the professionals of our Business e-Banking Support department will gladly provide this over the phone or give you a more elaborate presentation in person.
Send an email to [email protected] or contact us at (+297) 522-3000.
If you are already convinced, click the Apply Now button to sign up for CMBDirect Corporate.