|Eligibility||All corporates/PSUs (no turnover stipulation) and other entities with annual turnover of Rs.25 crores, having receivables from / payable to different locations.
|Salient Features||A bundle of collection and payment services offered for clients.
|Other Requirements/Details||* Collection services : Local & Outstation cheques, cash, ECS debit, direct debit, Inward RTGS/NEFT, Cash, Cheques, DDs etc. can be deposited in to collection account at any CBS branch.|
* Payment services : Multicity cheques, RTGS/NEFT/Issuing of bulk DDs, ECS, Dividend Warrant, Interest warrant, Statutory payments like government taxes, etc.
* Clear funds are credited on a daily basis to the current account maintained with the branch, where the customer is having account or to any other bank by RTGS/NEFT.
* Value added facilities like customized MIS reports, cheque purchase facility, collection of instruments at doorstep, etc.
* Online realtime viewing of cheque status, facility for generation of reports, mail box etc.