HSBC has become the first financial institution to offer business banking on the Apple iPhone and iPod touch handsets.
The HSBC Business Internet Banking service has been optimised for the Apple devices, and offers quick and easy access to secure, real-time banking information 24 hours a day, seven days a week, according to the company.
Services range from checking details of accounts held abroad, making payments of up to £100,000 per day, accessing credit and debit account information, and requesting an overdraft.
"Currently 70 per cent of our business customers choose to transact over the internet," said Huw Morgan, head of business banking at HSBC. "These range from startups to large corporates, but the fundamentals are the same. Our customers want safe, instant access to their business accounts on platforms that suit them, at a time that is convenient."
Morgan claimed that, combined with its BlackBerry service launched in October, HSBC offers an impressive portfolio.
"By providing our award-winning Business Internet Banking service for iPhone, iPod touch and BlackBerry devices, we are providing the most comprehensive business internet banking service in the UK and Europe," he said.
"Through the added functionality, we are able to serve an increasing number of businesses, helping them keep track of their banking requirements with increased flexibility. And we intend to support more devices in the future."