Collection Services

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Collection Services – Liquidity Management (Sweep in, sweep out )

In order to optimize your cash flow, we provide physical sweeping services.


Domestic

We offer domestic physical sweeping subject to regulatory considerations. We offer domestic physical sweeping subject to regulatory considerations.

All your banking in one place

By periodically streamlining the transfer of balances to or from a designated concentrated account via our comprehensive and flexible sweeping features, our physical sweeping proposition ensures that surplus is concentrated on a single account and that deficit balances are covered.

Why choose this account?

Secure + effective

Confidentiality of payment data assured. Secure and automated processes ensure funds are directly credited into accounts

User friendly

A convenient and easy to use service

Effective

Transaction details are provided for effective reconciliation

Efficient

Better utilization of manpower and enhanced internal operations

Required Documents

  • To open company account with KBZ Bank (Main Account and Sub Account)
  • To provide payment instruction with Company Letter Head

Want to open this account?

CONTACT US TODAY

Call us now

and speak to one of our advisors

(+95) 1-538075

Apply in Branch

Find your nearest KBZ branch and come and talk to one of our advisors in person