Collections
Efficient receivables management is key to improving working capital and ensuring business growth. NBF offers tailored financial products to help businesses streamline collections and enhance liquidity.
Enhance your business efficiency with our receivable financing solutions
Optimise Your Cash Flow with NBF Collections Solutions
Remote Cheque Collect
Our solution offers you to scan and present cheques dated as well as PDC from your office conveniently, using special scanners provided by NBF
Virtual Account Solution
Facilitates clients with enriched account statement for simple reconciliation process using a virtual account assigned based on your needs to identify your remitter details
Smart Cash Deposit Machine
As part of our effort to make banking with NBF simple and convenient you can deposit cash remotely and receive credit on real time using our service
Direct Debit Solution
Offering an alternative method of effecting recurring payment transactions for utility services such as telephone bills, electricity bills, insurance premiums, card payments and loan/finance repayments which would reduce the need for issuing and handling paper instruments like cheques
Cash Deposit Centre Locations
We have arrangement at Deira Gold Souk to deposit cash with TG at their cash deposit centre
PDC Warehousing
We offer PDC warehousing services to eliminate the operational complicated task of storing, managing, clearing and reconciliation of the cheque deposit
Physical Cash Pickup
We offer partnered services through our cash collection vendors to collection and deliver cash and cheques from your office premises
Key Features
- Remote Cheque Collect to scan and present cheques, including post-dated
- Faster cash inflow tracking with real-time visibility on cheque collections and deposits
- Comprehensive reports and audit trails for easy reconciliation and transparency
Benefit from:
- Flexible cheque collection with remote scanning or physical pick-up options
- Direct Debit Services for automated recurring payment collection across industries
- Cash deposit machines at branches or on-site for secure, hassle-free deposits
- PDC warehousing for secure storage, timely deposits, and flexible withdrawal
- Express Courier Service for scheduled cheque and document collection nationwide
