Key benefits – Customer

Improves Liquidity

Faster realisation of local and outstation cheques

Direct cheque pick-ups from customers reduces transit time

Savings in Interests Costs

Pooling of funds in a centralised account thereby eliminating the need of maintaining multiple collection accounts

Conversion of outstation cheques into local cheques resulting in reduction of interest costs

Account Reconciliation and MIS

Availability of location-wise, instrument level/ deposit slip wise information of cheque collections and returns

Collection reports available in multiple formats that can be uploaded to your back office systems

Product offering

• Cash pick-up facility
• Local Cheque Collection (LCC)
• Upcountry Cheque Collection (UCC)
• Direct Collection (DC)
• Post-dated Cheque Management (PDC)
• Return Instrument Management
• Reporting Services