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Receivable Management - Managing your collections
 

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 contribute 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.

 
Collection Services

Auto Debit
 

Automatic electronic collection of payment from a purchaser/consumer's current account or savings account for credit into our customer's business account.

Benefits
  • Improve customer's collection and cash inflow
  • Ensure security and accuracy as the file is uploaded and submitted directly via the Internet Banking channel from customer's office
  • On time collection as customer decides when to submit the payment instruction file
  • Save time and money by eliminating collection calls, invoicing and billing
 
Over-the-Branch counter / Internet Banking & Lock Box
 
This service enables you ('Payee Corporations') to collect payments due to their clientele through the following methods.
  • Internet banking ('allianceonline')
  • Self Service Terminals
  • Bulk Cash and Bulk Cheque Collection Service

Benefits
  • Provide additional payment channels for the convenience of their clientele
  • Provision of payment details/information and availability of real time collection information to expedite and automate reconciliation process
  • Save on cost by 'outsourcing' the collection process to the Bank
  • Accelerate cash in-flow by leveraging on Bank's branch and electronic banking services
  • Offer the convenience of being able to concentrate all collections into a single collection bank/account
 
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