Cash Management

We understand that managing your cashflows are vital to the long-term sustainability of your business. In an increasingly challenging and competitive business environment, efficient working capital management can provide you with a powerful competitive advantage.

Let us take care of your financial transaction needs. So you can meet and focus on your strategic business objectives better.

Our Customisable Solutions

1. Account Management

• Corporate Deposit Accounts

2. Accounts Payable Management

Our Accounts Payable solutions provide you with a range of payment instructions which you can initiate electronically , including:

• Account Transfer to your own accounts with DBS or other DBS accounts
• Telegraphic Transfers to Overseas Parties
• High Value Domestic Payments via MAS Electronic Payment System (MEPS)
• Interbank GIRO Payment
• Issuance of Cashier‘s Orders and Demand Drafts
• Cheque Issuance Services with Remittance Details

3. Accounts Receivable Management

With our large domestic network, you have access to multiple collection channels to facilitate your collection process, such as:

• GIRO Collections from customers who have established direct debit authorisations
• Bill Payment Services where we collect bills from your debtors via our comprehensive channels like Phone Banking, Internet Banking and ATM
• LockBox Services
• Incoming Telegraphic Transfers
• Incoming high value domestic collections via MEPS

4. Liquidity Management

Our Liquidity Management services enable you to manage funds in your accounts effectively, thereby maximising your returns:

• Zero-Balance Account, is where your funds are swept from one or more accounts to a main account, allowing you to maximise your liquidity position
• Notional Pooling Service, where your funds are pooled on a notional basis for interest computation purposes

5. Delivery Channel

• IDEAL
• Server to Server