CashCollect - Easy cash handling!

Cash handling is a critical process to specialized industries such as retail merchants. Are you looking for a convenient cash handling process while reducing the risks incurred.

CashCollect is your solution
CashCollect provides a cost-effective way to handle your cash. Our dedicated service provider will collect cash from your retail outlets, to count and deposit the amount into your DBS account, and you will enjoy:

High quality services at lower price
We have partnered with several major security companies in arranging CashCollect services. This provides us with enough options to choose from to ensure secured transportation services are provided at lower cost.

Flexibility
Collection frequency is flexible to suit your business needs. You may choose once a week collection or even every day!

Cost Savings & Enhanced Efficiency
Streamline in-house cash handling procedures and lower administration costs. You can thus focus on your core competencies.

Improved fraud control
It helps avoid accumulation of cash overnight in your stores and helps reduce the risk and possibility of internal loss and external thief and robbery.

Maximum convenience
Without leaving your premises, you can still extend full control by viewing the CashCollect Report via our Internet banking service, "IDEAL".

Our team of experts
Our team of experts will always be at your service. If you wish to know more about the service, please call our Product Sales Hotline on 2290-8038 or contact our designated Relationship Manager for details.

Lockbox - Easy cheque handling!

Are you looking for ways to accelerate the cheque collection process? Ever thought of having a professional partner to handle cheque deposits and Account Receivable Reporting for you?

Lockbox is your solution
Lockbox is designed to streamline your cheque collection process and offers you a flexible solution in handling your paper-based collection needs. Using Lockbox service, the dedicated service provider will collect cheques from your premises/GPO Box and deliver to DBS for processing, and you will enjoy:

High quality services at lower price
We have partnered with several major security companies in arranging Lockbox services. This provides us with enough options to choose from to ensure secured transportation services are provided at lower cost.

Flexibility
Collection frequency is totally flexible to suit your business needs. You may choose more than once daily collection, 4 times a week, etc.

Cost Savings & Enhanced Efficiency
Lockbox helps reduce expenses and saves on critical resources. Your working capital is also maximized because of the shortened turnaround time and realization of receivables, leaving you more resources to focus on the core business.

Maximum convenience
Lockbox helps to shorten your company's collection float through improved cheque clearing and delivery process. Payment details are captured in the daily Lockbox Status Report and will be sent to you by e-mail. Information can be uploaded to your accounting system for your easy account reconciliation.

Our team of experts
Our professional team of experts will always be at your service. If you have any enquiry, please do not hesitate to contact us at our Product Sales Hotline (852) 2290 8038 or our designated Relationship Managers.

Settlement Express

Are you one of the many brokerage firms in Hong Kong looking for an efficient system for regulating the stock trading transactions for your investors with credit risk control?

Settlement Express is your solution
Settlement Express, a pioneer of its kind in Hong Kong, provides brokerage firms with a secure online platform to facilitate settlement of stock trading transactions with their client investors. By using Settlement Express, brokerage firms enjoy:

Minimal credit risk
When you execute buy orders for your clients, the system automatically checks and ensures the clients have sufficient funds in their DBS Bank accounts to complete the transactions.

Efficiency
Settlement Express system reduces the need of manual work. Also, an electronic day-end reporting will be sent to you regularly for doing the account reconciliation efficiently. Since fund transfer is automated, your cashflow can be improved as well.

Building up customer loyalty
Investors now have their funds kept safely in their bank accounts earning interest until actual settlements taking place at T+2 day. This makes them feel more secure to carry out transactions with brokerage firms with this system than others without it.

Our team of experts
Our professional team of experts will always be at your service. If you have any enquiry, please do not hesitate to contact us at our Product Sales Hotline (852) 2290 8038 or our designated Relationship Managers.