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Baltic International Bank aims for the title of the Best Digital Bank in Central and Eastern Europe

News - June 9, 2020

In April, Baltic International Bank introduced the new Internet Banking to its customers, offering improved functionality, increased user friendliness as well as updated security solutions. The next step is participation in World’s Best Digital Bank Awards organized by Global Finance Platform.

“We have entered the competition both in the main category, Best Digital Bank, and in two subcategories, which we will not disclose yet, but we are positive that the ambitions we undoubtedly have are justified and the Internet Banking created by us can compete internationally!” admits Jānis Osis, Head of Digital Channel Development.

The Internet Banking of Baltic International Bank provides for multilevel signing of payments and multilevel approval of applications as well as for using the function of instant payments, which can be selected from the list of beneficiaries. A smart payment form that adapts itself depending on the customer-posted information has also been introduced. To process several payments in a quick and easy manner, the Bank has implemented batch processing functionality (or import of bulk payments) and export related to the generation of account statements, a search function and simultaneous approval of several payments. 

Over the twenty-one years of its existence, World’s Best Digital Bank Awards has become one of the most prestigious competitions, and receiving an award in any segment of the competition is considered one of the highest recognitions in the industry, demonstrating excellence in digital financial services.

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