Banca Transilvania S A : launches BT Go business app

Banca Transilvania launches business app BT Go, exploring new ways to support entrepreneurs with banking and business solutions.

Some of the BT Go features in this pilot phase:

• Online current account opening in lei and foreign currency;
• Transfer money between own accounts and to business partners;
• View transactions and generate statements;
• Issuing and paying invoices;
• Upload documents - invoices, receipts, contracts.

In general, using regular banking applications, companies manage their accounts: make payments, exchange currencies, look over transactions. In BT Go we build by thinking about how firms work in their everyday life, adding functionality for firm management, from money, accounts or invoices. It's a stage we're taking gradually, exploring, testing and implementing. We look at the needs through the eyes of the entrepreneurs and so have a better chance of achieving something useful. Today the bank's customers can use several applications developed by BT over the years. Gradually, as BT Go grows in terms of functionality and beneficiaries, it will become our bank's main business application, says Tiberiu Moisă, Deputy General Manager SME & MidCorporate, Banca Transilvania.

The bank has in recent years developed its ability to produce increasingly in-house digital solutions for customers, such as the BT Go app, to which nearly 50 people from the bank's team and Finshape contributed.

The pre-launch phase of BT Go saw over 1,000 customers successfully enrolled.