Online Services
SIOP
SIOP
What are the benefits of SIOP?
SIOP offers the following benefits:
- Save time : you will no longer have to enter your invoices manually or report them in your payment software or ERP
- Automation of your payment chain : for efficient processing of payments to suppliers, employees, etc.
What are the functionalities of the SIOP service?
The main functionalities of SIOP are:
- Intra Rawbank transfers
- Domestic transfers (only in foreign currency)
- Foreign transfers
- Standing orders
- Withdrawals
- Deferred transfers, wires, and withdrawals
- Transaction status after receipt and after processing
- Return message because of rejection
The subscription fee is $2,500/month for a one-year renewable term.
- The Payment Order Integration System is a secure platform for customers with an ERP or a compatible system that serves as a customer interface.
- SIOP allows you to manage and automate your transactions directly from your ERP, without any intervention from the bank.
- SIOP is particularly adapted to large companies wishing to connect their internal systems directly to those of Rawbank to initiate payment orders and other financial transactions.