Internet Banking for Legal Entities

اینترنت‌‌بانک ویژه شرکت‌ها و اشخاص حقوقی

Middle East Bank offers Internet Banking service dedicated for Legal Entities and Companies to facilitate banking operations. Using the MEB Internet Banking, you will be able to carry out your banking operations, only with a few clicks, needless to visit a branch. Some Internet Banking advantages are as follows:

  • Better banking operations experience with high speed and simplicity of transactions
  • Money transfer/payments from company’s accounts only with joint holders’ authorization needless to their physical presence
  • Manage accounts and carrying out banking operations after working hours and holidays is feasible as well
  • Speed-up transactions and reduce cost

To get started please visit a branch to receive your username and password so that you will be able to use the Internet banking.

Considering security issues,log into your Internet Bank user account only through Middle East Bank website

The authorized joint holders who already have a user account for their personal Internet Banking of Middle East Bank, if interested, may use the same user account to access company’s account(s). For getting the access they should visit a branch.

Internet Banking Services for Legal Entities

Account Services

Summary of Accounts
  • View summary of all active accounts with their details such as account type, account No., currency, available balance, freeze amount, IBAN (Sheba) No. and etc.
  • Summary of facilities, guarantee and Letter of accounts is also available
Monitoring the Accounts
  • Monitor accounts, view or download account statements up to one-year intervals.
Point of Sale (POS) Report
  • View and download reports of POS transaction records (for customers who have POS terminals).

Fund transfer services

Internal Fund Transfer
  • Transfer money between company’s account(s) or others in the Middle East Bank
  • Attachment of document (photos or PDF files) by maker is feasible
ACH/ RTGS/ POL (intra-bank)
  • Transfer money to (ACH (Paya)/ RTGS (Satna)/ POL orders) other banks using IBAN (Sheba No.)
  • Recipient’s IBAN inquiry at the moment is feasible
  • Attachment of document (photos or PDF files) by maker is feasible
Batch Transaction
  • Make internal or ACH (Paya) fund transfers to multiple recipients simultaneously by adding several accounts as recipients or uploading a batch transfer file
  • view and print receipts for batch payment records, separately or collectively
Scheduled Transactions
  • Schedule future transactions on specific dates or daily and monthly intervals
  • View/ Canceled standing orders

Bill Payment Services

  • Pay all utility bills such as water, electricity, gas and telephone as well as traffic tickets and other municipal bills.

Check Services

  • view all checks deposited to your accounts.
  • view the status and details of your Middle East Bank checkbooks (cashed, unused, etc.)
  • Add details such as amount, date and recipient to your Middle East Bank checks.
  • SAYAD services: all services required to issue, receive, transfer and inquire the status of new checks in Accordance with the new Check Issuance Law and CBI regulations.

Facilities and Commitment Services

Monitoring the Facilities
  • View the details of facilities including details of repayments
Repayment of Facilities
  • Repay facilities conveniently by choosing amounts or installments


Fund Transfer Report
  • View or download fund transfer reports based on transaction type (internal, bill payment, etc)
  • Reprint transaction receipts
  • View or download terminal statements
Credit Report
  • View or download reports of all installment facilities, including details as well as payment and repayment statements
  • View or download reports of all facilities in detail, including payment and repayment statements of non-instalment facilities, debt purchase and facilities related to guarantees
  • View or download reports of guarantees and details of guarantees issued in IRR, including related details and issuance, amendment and cancellation statements
  • View the list and details of frozen accounts
  • Request official signed and stamped credit reports from middle east bank branches
International Report
  • View or download reports of guarantees issued in foreign currencies
  • View or download reports of bills for collection
  • View or download report of letters of credit (L/C) in foreign currencies
  • View or download report of foreign currencies remittances
  • Request official signed and stamped credit reports from middle east bank branches

Procedure for online payment for companies and legal persons

  • Money transaction is initiated by a maker who might be an accountant, officer for banking affairs, etc. of the company
  • Then the transaction is sent to joint holders’ dashboard
  • Joint holders would approve/reject the transaction via their Internet Bank or Mobile Banking account
  • Joint holders’ approvals are then checked with the source account’s withdrawal terms and conditions (in line with the withdrawal terms and conditions, stipulated in the latest notice of the company in official gazette)
  • Eventually, the maker who had initiated the transaction commits the transaction to be carried out.

Adding control layers for transactions

  • Based on company’s request, adding control layer (supermaker) is feasible. By adding control layer, transaction will only be sent to joint holders’ dashboard if supermaker(s) approve the transaction, if not the transaction will be cancelled.
  • It is suggested to study Internet Banking Guide (Legal Entities) before you start utilizing Middle East Internet Banking.

Consider following notes while utilizing Internet Banking

Login Password
  • A unique username and password are given to each user per company/legal entity’s request by visiting a Middle East Bank branch.
  • Users will have to change their password after their first login.
  • After receiving the password, users will have seven days to log in and activate their account. Otherwise, they should visit a branch to receive a new password.
  • If a wrong password is entered five times (in a row), the user’s account will be blocked. They will need to visit a Branch to reactivate their account.
  • In case you have forgotten your password please visit a branch.
Two-factor authentication for logging into Internet Banking

Two-factor authentication includes a static and a dynamic password to log into Internet Banking and is used to reduce security risk and threats such as hack, fishing or disclosure of users’ banking information.
You may receive your one-time login password through one of the following:

  • SMS
  • MEB OTP application

There is no need to visit a branch for activating two-factor authentication and you may activate it simply when you want to login to your Internet Banking account.

Transaction Password
  • Transaction password is required to conduct transaction or change a setting on Internet Banking.
  • Transaction password at Internet Banking and Mobile Bank is the same. Therefore, changing transaction password in one would affect the other.
  • In case you have forgotten your transaction password please visit a branch.
One-Time Transaction Password
  • One-time (dynamic) password, which can replace the static password, is a security mechanism, designed to reduce risk of fraud and misuse of passwords.
  • One-time password, for transactions exceeding the default amount limit for internet banking (500,000,000 IRR for companies and legal entities) is required.
  • Customers may request using Dynamic passwords for all internet banking transactions.
  • One-time password is available using by MEB OTP mobile app or via SMS.
  • In order to activate dynamic passwords please visit a branch.

For more information you may call ASHNA (Customer Relations Center) +9821-42557 or a branch of Middle East Bank.


Internet Banking Guide (Legal Entities)