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  #2  
January 23rd, 2018, 03:33 PM
Super Moderator
 
Join Date: Mar 2012
Re: HDFC Bank CMS Operations

As you Asking for the Information About the Cash management Services of the HDFC Bank The Information is given below

Cash management is the stewardship or proper use of an entity’s cash resources. It serves as the means to keep an organisation functioning by making the best use of cash or liquid resources of the organisation

Cash management helps the organisation in:
Eliminating idle cash balances.
Monitoring exposure and reducing risks.
Ensuring the timely deposit of collections.
Proper timing of the disbursements.

Collection Service

Local Cheque Collections
Outstation Cheque Collections
Transfer Cheque Collections
Clean Collections

Pay Services
Payable at Par Cheque Book
Pay Quick

ECS Credit & Debit
RBI offers Electronic Clearing System (ECS) for faster collections (ECS Debit) and payments (ECS Credit).


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