Authorized receivable collection and payout
This service of SAIGONBANK helps customers save time and reduce management cost and prevent them from risk of cash in traffic.
1. Authorised Sales Receivable Collection:
At clients’ office: cash of sales revenues to be collected by SAIGONBANK at clients’ site / office premises and then credited to a designated account of beneficiary per clients’ prior instruction.
At SAIGONBANK counter: cash of sales revenues to be deposited at any branch/sub-branch of SAIGONBANK, and then credited to a designated account of beneficiary per clients’ prior instruction.
2. Authorised Payout:
Cash payout at SAIGONBANK counter: SAIGONBANK receives transfer or cash from clients and effects payment to beneficiaries in cash at our bank counters.
Cash payout at clients’ office: SAIGONBANK receives transfer or cash from clients and effects payment to beneficiaries in cash at the clients’ office upon request.
ATM payroll service - list of recipients must be submitted for requesting this service
3. Registration procedures:
In order to employ this service, a contract concerning Authorised Receivable Collection and/or Payout should be signed between SAIGONBANK and corporate customers. Full details of time, location, procedures and related service fees will be clearly stipulated in the signed contract. Service will be available right after the agreement signing date.
