(MENAFN - Arab Times) Al Ahli Bank of Kuwait (ABK) was recently presented the Elite Quality Recognition Award for the year 2015 from J.P. Morgan Chase, New York, for its exemplary execution of electronic payments. Somnath Menon, Chief Operating Officer at ABK received the award saying: "We are delighted to see ABK's commitment to international quality standards being recognized by J.P. Morgan Chase.
ABK's partnership with correspondent banks such as J.P. Morgan Chase underlines our dedication to evolve as an institution that constantly provides our customers with international standards of service." In its role as an international financial institution, ABK utilizes the latest internationally approved systems and methods to facilitate transactions and enable Straight-through-Processing (STP).
By ensuring STP at the highest levels, ABK guarantees their customers error free and timely credits for their US Dollar, cross border transactions. ABK was recently also recognized by other correspondents such as Commerzbank and Standard Chartered Bank for Excellence in STP for 2014-15. For more information about Al Ahli Bank of Kuwait please contact an ABK representative via 'Ahli Chat' or a customer service agent via 'Ahlan Ahli' on 1899899.