Cash Management Services

Cash Management Services (CMS)

Efficient working capital management is one of the key requirements for any successful business entity. Automation and digitisation across the business landscape continues to offer a large opportunity to further improve and enhance existing efficiencies.

A deep understanding of multiple key sectors backed by specifically structured solutions/platforms differentiates RBL Bank Cash Management Services. A perfect blend of cutting-edge technology and a superior ability to offer a multi partner comprehensive solution makes it a unique proposition.

Bespoke solutions specifically designed to cover the entire financial value chain ensure:

A high level of working capital operating efficiency.
Comprehensive offering across the Buy Side (procure to pay) and the Sell Side (order to cash).
Optimised operating risk thru high level of Automation | STP | Integration.
Outsourcing of Non-core functions there reducing risk and operating costs with no/minimal loss of control.

Our offering includes:

Liquidity Solution – Holistic view of all RBL Bank Accounts
Payables Management
Receivables Management

Liquidity Solution – Holistic view of all RBL Bank Accounts

We understand to run the business you need to maintain multiple accounts & as the structure becomes complex it becomes difficult to track the inflows & outflows. To cater the requirement, we have a single view across your accounts thereby enabling:

Setup of Multi-tier accounts with hierarchy linkage
Automated pooling of EOD balances to pre-linked accounts
Single dashboard view across accounts with RBL Bank
Auto alerts basis balance thresholds

Treasury Payments

Initiate surplus funds from regional accounts to pre-registered internal treasury accounts
Better management of surplus funds

Investment Pay-outs

Hassle-free investment pay-outs through RBL Bank’s corporate internet banking
Instant tracking of transaction settlement status
Add templates for regular investment pay-outs

Liquidity Solution – Holistic view of all RBL Bank Accounts

RBL Bank offers straight through & secured payments product suite which ensures timely settlement of payments like:

Bulk Vendor Payments

System ability to adopt your payment file format
Single payment file across all payment modes (NEFT /RTGS/IMPS/Cheque & DD printing)
Secured payment with two-factor-authentication process.
Email payment advices to beneficiaries
Multi-Value dating & Payment Warehousing
Facility to restrict payments to pre-approved beneficiaries only

Integrated Offering

We understand the efforts involved in creation of bulk files required in the case of vendor, salary payments etc. The integrated STP solution (H2H, SFTP, etc) ensures:

After necessary data entry in your ERP a payment file gets generated
Payment file acquired by RBL Bank through secured H2H integration utility for processing
Response file with transaction status gets updated on H2H server for reconciliation at your end
Account balances, bank statement requested can be scheduled
Plug in any MIS received by RBL Bank

Key Advantages

One-time setup with exchange of Secured keys
File transfers as per your request
No password management required

Salary Payments

Consolidate debit for Salary pay-outs using single salary payment file
Single payment file for salary to employees having accounts with RBL Bank or outside
Reduce paperwork & salary admin cost
Instant credit to your employee’s salary account
Higher interest rate on RBL Bank’s saving account as compared to market

Cheque printing at customer premises

RBL Bank enables you to print cheques with facsimile signatures at your premises itself.

Features

Bulk cheque printing at customer premises
Invoice details on A4 size cheque stationary
Print at par cheques
No more cheque rejections due to signature mismatch.
Post-dated cheque printing

National Automated Clearing House (NACH Credit)

One stop solution to handle high volume of payments like dividend, salary, interest, pension, etc.

Receivables Management

Enables better fund management & optimization:

E-collections – Virtual Accounts

RBL Bank’s E-collection solution enables you to identify the remitter details promptly & efficiently
Customized MIS can be used for auto-reconciliation of E-collections
Customer validation can be set to eliminate wrong credits
Faster realization of funds & settlement

IMPS E-collections

We work for you, even when you are on a break! RBL Bank’s Immediate Payment Service (IMPS E-collection) facility allows you to receive instant, real-time inter-bank electronic fund transfers. Using the IMPS service, you can receive money 24x7 on any day, even on Sundays and Bank Holidays.

Features

Works 24x7 throughout the week; on Sundays and Bank Holidays too
Real-time alerts for credits into your account
Instant crediting of money

Physical Collection offering

Cheque Collections

Convenience of cheque pick-up and processing at any of our branches, set-ups and correspondent bank locations
Customised ERP-uploadable MIS Reports at each stage of processing
Prompt realization and clearance of cheques

Cash Collections

Convenience of you depositing cash at any of our branches and correspondent bank locations
Option of us picking up cash with counting and verification facility at your doorstep
Reduced costs and operational risks

National Automated Clearing House Debit

Through RBL Bank’s National Automated Clearing House (NACH) Debit facility, a debit demand can be raised for the recovery of periodic payments due to you from your counterparties. This is the perfect solution where you want to have control on your receivables for transactions with specific payment periodicity and varied amount e.g. premiums, utility, vendor dues.