Collection Services
Collection Services – Liquidity Management (Sweep in, sweep out )
In order to optimize your cash flow, we provide physical sweeping services.
Domestic
We offer domestic physical sweeping subject to regulatory considerations. We offer domestic physical sweeping subject to regulatory considerations.
All your banking in one place
By periodically streamlining the transfer of balances to or from a designated concentrated account via our comprehensive and flexible sweeping features, our physical sweeping proposition ensures that surplus is concentrated on a single account and that deficit balances are covered.
Why choose this account?
Secure + effective
Confidentiality of payment data assured. Secure and automated processes ensure funds are directly credited into accounts
User friendly
A convenient and easy to use service
Effective
Transaction details are provided for effective reconciliation
Efficient
Better utilization of manpower and enhanced internal operations
Required Documents
- To open company account with KBZ Bank (Main Account and Sub Account)
- To provide payment instruction with Company Letter Head