SHARQ Net Service
An online platform that facilitates remote management of banking operations for corporations and institutions via any smart device.
[To visit online banking, click here]
Service Details
A digital service that enables customers, merchants, and owners of companies and institutions to manage their bank accounts and banking services remotely at any time and from anywhere, without the need to visit a branch.
SHARQ Net Services
Currency Rates: View current currency exchange rates.
Currency Exchange: Buy and sell currencies at competitive rates.
Fund Transfers: Transfer funds between your own accounts or to another beneficiary’s account.
Payroll Management: Process corporate payroll from your location with a single click by uploading an Excel file to execute bulk transfers.
Bulk Remittances: Send individual or bulk remittances via the “Thawani Cash” service by uploading an Excel file.
Dual Control & Oversight: Prepare unapproved entries and transfers to enforce dual-control protocols (Entry, Review, Approval).
Bill Payments: Pay various utility and service bills (mobile credit, data packages, etc.).
Corporate Transfers: Disburse incoming and outgoing company transfers through Thawani Cash, the Unified Network, and the Lahzat Network.
Merchant Payments: Allow your customers who hold a bank account at SHARQ Bank to pay for their purchases securely by transferring funds directly to your account.
Account Statements: View and print detailed and summary account statements.
User Management: Create and manage sub-users with customized access permissions and privileges.
Free Transfers: Transfer funds between accounts in all currencies with zero fees.
Custom Limits: High financial ceilings and limits tailored specifically for companies and merchants.
Multi-Network Inflow: Receive incoming remittances into your account from multiple external networks.
Service Features
Simple and Intuitive Interface: Designed to facilitate seamless navigation across various services for a smooth user experience.
Instant Notifications: Real-time alerts via email or SMS for financial transactions, including money transfers.
Custom Financial Reports: Ability to generate tailored financial reports to track business performance and analyze data.
Advanced Security: Enhanced protection requiring a One-Time Password (OTP) for every login attempt to safeguard corporate accounts.
Flexible Account Structure: Allows the creation of sub-accounts, streamlining the process of financial data entry and transaction approval with greater operational efficiency.
Requirements for Obtaining the Service
Open an active corporate account with SHARQ Yemeni Bank for Microfinance.
Provide valid business operating licenses/permits alongside a national ID card or passport of the authorized signatory.
How to Obtain the Service
Visit the nearest SHARQ Yemeni Bank branch and fill out the official service application form for SHARQ Net Service.
