1. Open-Ended
A conventional method allowing corporate clients to have their receivables credited to a centralized account via:
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Cash deposits
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Cheques
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Instruments
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Digital transfers
Deposits are made through ABL’s extensive branch network and processed using a customized deposit slip format tailored to each client’s regulatory and reporting needs.
2. Payment Hub
An advanced collection facility driven by data intelligence via:
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Direct Integration Model
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File-Based Model
Clients share billing data with ABL through system integration or batch uploads. Each incoming transaction is validated in real-time against the provided billing data, enabling seamless collections through:
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ABL branches
3. Web-Based
Enable customers to make P2B (Person-to-Business) payments via ABL’s digital platforms:
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myABL Internet Banking
For ABL account holders to transfer funds instantly to corporate accounts. -
Merchant / Franchise Payments
Franchises and merchants can transfer payments directly into corporate accounts through self-service digital modes. -
Corporate Transfer System
Corporate clients can avail the services of a web-based Corporate Transfer System, integrated with their procurement platform for instant receipt of funds.
4. Other Banks
Collections are configured seamlessly in a centralized account at ABL, enabling digital and counter channels for receivables through other banks.
5. Allied Pay
E2E digital collection facility providing the ability to generate an electronic web-based token that is universally acceptable (at any bank) in real-time, for counter and digital payment to a corporate account maintained at ABL.
6. Omnichannel
Introducing a seamless collection experience through a host of channels, namely:
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ABL / non-ABL branch counter
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ABL ATMs
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ABL Cash Deposit Machines
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ABL / non-ABL mobile / internet banking