Centralized Collection and Payment of the Funds

Centralized Collection and Payment

Help group customers to improve cost efficiency and control risk

Centralized Collection and Payment

Help group customers to improve cost efficiency and control risk

At a Glance

Centralize collection and payment that were originally processed separately in each subsidiaries to the Regional Treasury Centers (RTC) or Shared Service Centers (SSC).

Centralized settlement under current account

Multinational corporates can handle their cash flow under the current account by centralizing the collection and payment of the funds through the master company according to business needs.

Features & Benefits

Increase efficiency

Streamline internal financial accounting processes and simplify daily operations to enhance the internal control

Improve FX settlement

Concentrate the exchange at the level of the master company and reduce the cost of FX settlement

Faster transfer

Funds can be transferred faster within DBS network to ensure efficient operation under the centralized management system

Save time

Daily transaction reports and statements to facilitate easy reconciliation

How to Apply

Call us on 400 821 8881 or visit any of our Branches for more details. You may also email us and arrange our Relationship Manager to call you.

FAQs

	Who will be right fit for Centralized Collection and Payment?
	Corporates with Regional Treasury Centers (RTC) or Shared Service Centers (SSC) : Centralized Collection and Payment helps you better manage payments and receivables across internal departments or subsidiaries.

	How many currencies can Centralized Collection and Payment support?
	We support CNY and 10 other major foreign currencies including USD, HKD, EUR, GBP, AUD, SGD, etc.

	Is there any fee to use the service of Centralized Collection and Payment?
	Please contact your Relationship Manager for related information or refer to our pricing guide.