Cash Management is about getting funds in time,
quick transfers, quick realization of local and
outstation cheques, easy disbursements, account
reconciliation, controlled processes and customized
MIS. Thus Cash Management Services eliminates
the inherent delays of a funds transfer mechanism,
enhancing liquidity and ensuring optimum planning
and utilization of funds for the client.
Cash Management Services include the following
basic components:
DCB 'LOCAL-OWN': Local collections on DCB locations.
DCB ‘OUTSTATION-OWN’: Outstation
collections on DCB locations.
DCB ‘LOCAL-CORR’: Local collections
on partner bank locations
DCB ‘OUTSTATION-CORR’: Outstation
collections on partner bank locations.
DCB ‘SPEED’ :Collection of Outstation
cheques drawn on designated core-banking
branches
of various banks through Mumbai local clearing
DCB ‘ OUTSTATION-REACH’ : Outstation
collections on other partner bank locations
DCB ‘OUTSATION-CLEAN’: Outstation
collections in locations beyond the partner
bank locations
DCB BTI: Collecting banker for Capital market
issues such as IPO’s, Right issues and
Mutual fund NFOs.
DCB
‘REMIT’: Issuance of local pay orders
at designated locations
DCB
‘CHEQUE WRITING’: Cheque writing
done on behalf of the Customer
DCB
‘ECS’: Credit Clearing done electronically
through ECS.
DCB
‘RTGS/NEFT’: Electronic Payments
done through NEFT/ RTGS.
DCB
‘AT PAR’: Issuance of at par instruments
especially for IW/DW payment.
DCB
‘PAP’: Cheque payable at par facility
DCB
‘DD’: Demand draft (including bulk
DDs) at DCB and partner bank locations.
Collection products: