IDB Mobile Banking vs MIDBANK Token

Our bank’s mobile application aims to provide a seamless digital banking experience to our customers. The initial phase of the application includes the following key features and services: 1. Balances Inquiry: View real-time account balances across all accounts. 2. Transactions History: Access detailed transaction history for all linked accounts. 3. Account Statement: Generate and download account statements for a selected period. 4. Cheque Book Services: • Request a new cheque book. • Follow up on existing cheque book requests. • Cancel pending cheque book requests. 5. Currency Services: • View up-to-date currency exchange rates. • Use the exchange rate calculator to estimate conversions. • Access saving account interest rates. 6. Location-Based Services: • Locate nearby ATMs and branches based on the user’s current location. 7. Customer Profile Management: View and update customer profile details. 8. Loan Inquiry: Check loan details, including balances and repayment schedules. 9. Postdated Cheques Inquiry: View details of all postdated cheques issued or received. 10. Frequently Asked Questions (FAQ): Access a comprehensive FAQ section to resolve common queries. 11. Contact Bank Information: Quick access to the bank’s contact details for support. 12. Set Account Nickname: Personalize accounts by setting nicknames for easy reference. 13. Transfers: • Transfer funds between the user’s accounts in EGP. • View a history of transfers between accounts. • Access a list of standing instructions for recurring transactions. This phase focuses on delivering essential banking services while ensuring a user-friendly interface, robust security, and accessibility for our customers.

The MIDBANK Token application has been developed to provide enhanced protection, enabling customers to conduct their banking transactions with confidence, anytime and from anywhere. Once activated, the application generates a One-Time Password (OTP) used to securely authenticate Internet and Mobile Banking transactions. To activate the application, please download the MIDBANK Token app and log in to the Internet Banking through the bank’s website.