Worrying about cash and payment collection takes up precious time-time that could be better spent strategising ways to grow your business. What's more, excess cash could be invested elsewhere, rather than having it idle in the bank account. At Alliance Bank, we can help you manage and maximise your cash flow effectively with a variety of services.

Whatever your business, cash in hand is important to keep your business running. Accounts receivables can be converted to cash that can help you pay suppliers, rent and employees. Thus, fast and efficient receivables collection contributes to a healthy cash inflow which is integral to your business.

We can provide you with solutions that enable you to expedite your collections reliably and conveniently. We not only meet your needs with regards to speed and cost, we also ensure that you receive your reports timely.

Availability of various channels for payment collection with payment references provided for easy reconciliation.

• Choice of conveniently located branches
• Cash and Cheque collection
  

• Available 24 hours a day
• Payment is immediately credited to your account
  

Allows you to execute your customers' recurrent payments efficiently.

• Convenience of automatic collection
• Accurate and safe as the instruction file is uploaded and submitted directly from your office
• Comprehensive reports on collections for updating and reconciliation
• Flexibility of performing it on any day of the week
  

One of the most pressing tasks for any business is keeping watch of cash outflow. Salaries, suppliers and creditors need to be paid. It is important that these are done accurately, with convenience and at the lowest cost possible. Of course, secured controls and checks are crucial too. At Alliance Bank, we manage all this for you and provide detailed data of payment for easy reconciliation.

Conveniently pay your staff salaries directly into their bank accounts.

• Convenient and easy payment instructions
• Provision for segregated access levels to maintain confidentiality and security
• Contributions to EPF and SOCSO are also taken care of
• Straight-through-processing ensures accuracy without delays
  

Make electronic payments directly to suppliers, vendors and other payee parties with accounts in any bank.

• Ease your backroom payment reconciliation process
• A secure and foolproof payment method
• Processing of multiple payment types via a single file
• Effective and cost efficient way to disburse bulk payments
  

Knowing your company's daily cash position is a critical element of cash management. You need access to current balance information and details of transactions for all your accounts. Furthermore, you may want a daily report that is easy to understand with all the information you need to effectively manage your cash resources.

Perform a multitude of tasks relating to your account status. You can also request for cheque books and stop cheque payments electronically.

• Real time account balances including intra-day balances
• Account transaction history for up to 90 days
• Be informed of cheque status
• Perform trade lines enquiry
• Perform loans enquiry
• Get payment references
  

Sometimes, despite efficiently and effectively managing your collections and payments, your residual liquidity may not be working hard enough for your business.

We help you maximise the value of your funds by offering you liquidity products that are designed to reduce financing costs, so that you achieve greater returns when your funds are invested.

Use this convenient facility to concentrate your funds into one central account.

Make it easy to distribute funds into your other accounts for better management of your funds.

Ensure that funds are maintained at optimum levels across various accounts.

• Improve your liquidity control and manage your funds efficiently
• Funds will be transferred automatically according to your instructions
• Optimise your cash position
• Time and cost savings
  

Prevents returned cheques due to insufficient funds.

• Protect your company's credibility
• Prevent negative impact on your business
• Avoid from being listed in the Dishonoured Cheque Information System
• Save on extra bank charges