Internet Banking for Legal Entities


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

Internet Banking advantages

  • 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

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 to access company’s account(s). For getting the access they should visit a branch.

Internet Banking Services

Account Services

Summary of Accounts
  • Summary of all active corporate accounts with their details such as account type, account no, currency, available balance, freeze amount, IBAN (Sheba) no, branch name in which the account has been opened and account status is provided here. Also, a summary of loan, gaurantee and Letter of accounts is displayed as well.
Monitoring the Accounts
  • Customers can monitor their accounts, view or download account statements in up to one-year intervals.
Point of Sale (POS) Report
  • Customers posessing Point of Sale (POS) terminals may view and download reports of POS transaction reocords.
Fund Transfer Report
  • Access reports, separately, on bill payment, loan repayments, card-to-card fund transfer and other types of transactions.

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 (interbank)
  • This service could be used to transfer money to 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
  • Possible to make internal or 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
  • This service can be used to schedule future transactions on specific dates or daily and monthly intervals
  • The standing orders can be viewed and/or canceled

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.
  • Sayyad 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.

Loans and Obligations Services

Monitoring the Facilities
  • View the details of facilities including details of repayments
Repayment of Facilities
  • Repay loans conveniently by choosing amounts for participatory loans or installments for exchange (installment) loans


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 and … 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 Banks
  • 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

To enhance each company’s internal procedures for making payments, adding control layers is feasible in Intenet Banking. The number of control layers and controllers at each level, supermaker, is arbitrary. By having supermakers, after transacation’s inititation, it is sent to supermaker(s)’ dashboard to control the transactions. The rest of steps is as described above.

Login Password

  • A unique username and password is given to each user per company/legal entity’s request via Distance Banking or at 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.
  • 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.
  • Users can request 2FA (Two Factor authentication) login via SMS or MEB OTP mobile app.

Transaction Password

  • Transaction password is required to approve a transaction or change a setting.
  • You can set your transaction password the first time you log in to Internet Banking via settings menu.
  • Transaction password at Internet Banking and Mobile Bank is the same. Therefore, changing transacation password in one would affect the other.

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 can request using Dynamic passwords for all internet banking transactions.
  • One-time password is generated by MEB OTP mobile app or via SMS.
  • In order to activate dynamic passwords please visit a branch.

Internet Banking Guide (Legal Entities)