Overview
ABL Cash Management offers maximum flexibility to valued clients in managing their collection funds, aligning seamlessly with their liquidity and investment requirements.
Range of options are available:
- Standing Instructions for Debit to Account (SIDA) – this service is utilized to systematically pull funds from the authorized dealers / depositors / retailers of a corporate entity, in both single and bulk mode, under a SIDA agreement
- Standing Instructions (SI) – One-time requisition for repetitive nature of transactions
- Real-Time-Gross-System (RTGS) – funds transfer to other banks subject to client advice
- Auto-Settlement – file-based requisition by authorized individuals of the client to transfer funds to single / multiple parties, with explicit specifications related to the transactions
