03/12/2015

United Bank is one of the leading banks in Egypt with a strategy focusing on utilizing latest technologies in continuous improvements and strengthening of the banks services and performance coping with latest and international industry standards and practices.

In its continuous pursuit for excellence, United Bank is continuously adopting latest practices not only locally, but international standards as well, the bank had recently chosen Pio-Tech’s FATCA Compliance Solution to be amongst the Egyptian banks complying with the Foreign Account Tax Compliance Act (FATCA) regulations of the US Internal Revenue Service (IRS).

Pio-Tech’s Bank-BI® FATCA Compliance solution combines the tools, technology and expertise that helps the banks comply with IRS’s FATCA regulations, the solution helps Banks and organizations to manage and control the complete cycle, starting from client identification, to information management and client classification, finally to preparing reports according to the requested format, all in a completely automated process that handles the complete process in addition to complex classification rules with minimum efforts from the users.

Since its start in 2003, Pio-Tech has long crowned the market as a pioneering System Integrator and Business Solution Provider, backed by a history of proven innovative results and a dedicated team of consultants with a futuristic vision.