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Alaan Business Banking

Updated this week

Alaan Business Banking is a business bank account built directly into the Alaan platform, powered in partnership with Ruya Community Islamic Bank, a licensed UAE bank.

It allows you to send and receive bank transfers, manage card payments, and handle business expenses in one place without needing to switch between different tools.

Why teams use it

Many businesses manage payments across multiple systems. Card payments happen in one tool, bank transfers in another, and bill approvals somewhere else — often across email, an ERP, and a separate bank portal. This makes the process slower, harder to track, and more manual than it needs to be.

Alaan Business Banking simplifies this by bringing everything into one platform. Banking in Zen mode — fast, clear, and low-friction — so teams can manage payments with better visibility and higher peace of mind with every transfer.

Teams typically use it to:

  • Pay vendors directly using bank transfers via IBAN — no payment link needed from the vendor

  • Manage all business spend in one place, including cards and transfers

  • Reduce manual work in bill payments, from approvals to final payment

Where it helps most

Common situation

How Alaan helps

You use separate tools for cards, bank transfers, and expenses

Brings everything into one platform

Payment workflows are slow or difficult to track

Fast, clear, low-friction banking with full visibility

Bill payments involve multiple steps across email, ERP, and bank

Zero Touch Bill Management — reduces manual work end to end

Zero Touch Bill Management & Payment

Managing bills usually means juggling multiple tools, email for approvals, an ERP for submission, and a separate bank portal for payment. Alaan replaces all of that in one flow.

Upload a bill and Alaan handles the rest, automatically filling in vendor details using AI, routing it through your approval workflow, syncing with your ERP or accounting records, and paying the vendor directly from the platform. No emails, no bank switching, no manual entry.

FAQ

Q: Do I need to switch my existing bank?

  • No. You can continue using your existing bank if needed. Alaan provides an additional banking layer within the platform.

Q: Who provides the bank account? Is it secure?

  • Alaan Business Banking is powered in partnership with Ruya Community Islamic Bank, a licensed UAE bank, ensuring compliance and security.

Q: What types of transfers are supported?

  • You can send and receive local bank transfers using IBAN directly within Alaan.

Q: Can I pay a vendor without asking them for a payment link?

  • Yes. You can send funds directly via IBAN — no payment link required from the vendor.

Q: Can I use cards and bank transfers together?

  • Yes. Alaan lets you manage both card payments and bank transfers in one dashboard.

Q: Will I still need to use my bank's portal?

  • No. Once set up, you can manage transfers and payments directly within Alaan.

Q: How does bill payment work?

  • Upload a bill and Alaan automatically fills in the details, sends it for approval, syncs with your records, and pays the vendor — all from one place.

Q: Do I need to integrate my accounting system?

  • Integrations are supported and help with reconciliation, but you can use core features without deep integrations.

Q: Are employee reimbursements supported?

  • Not yet. This feature is coming soon and will allow you to reimburse employees directly via bank transfer, with quick reconciliation managed within Alaan.

Need help? Feel free to drop an email on [email protected].

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