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Solutions for Payables

Leveraging on an excellent technology platform, ICICI Bank offers bulk disbursement solutions for making payments to channel partners through multiple modes like paper based and electronic modes of payments. ICICI Bank’s ‘Payable at Par’ solutions facilitate payment of dividend and interest.

 

 

Internet Based Cheque Writing

Internet Based Cheque Writing

Cheque printing facility at your premises or at your branches, based on information uploaded through Corporate Internet Banking.

 

 

 

 

Benefits

  • Payment File can be approved by clients from remote location
  • Digital signature means no variation while issuing cheques
  • Vendor satisfaction as payment would be received by them even if the client is unavailable
  • Increased security owing to payment file upload through Corporate Internet Banking
 
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Bulk NEFT/RTGS/Fund Transfer

Bulk NEFT/RTGS/Fund Transfer

Electronic modes of payment solutions offered by ICICI Bank include Funds Transfer, Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT).

 

 

 

 

 

 

Benefits

  • Cost effectiveness
  • Fast turnaround time
  • Single file upload to effect multiple modes of payments
  • Completely secured and works on pre-defined authorisation matrix
  • Single and customised payment file upload formats
  • Reverse MIS integration with leading ERPs
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How does it work:

  • Register for CMS-Internet Based Cheque Writing/Bulk NEFT/RTGS/Funds Transfer facility with ICICI Bank
  • Take access of web portal
  • Upload the payment file
  • Authorise the payment file/ Cheque printed with facsimile signature
  • Payment done and MIS generated

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