CORPORATE BANKING Payments and Collections Cash Management Trade Finance and Working Capital Investor Services International Banking Digital Channels Absa | Corporate and Investment Banking > Corporate Banking > Payments and Collections Gain full control of your payables and receivables We offer simple, secure and cost-effective payments and collection solutions, to give you full control of your cash flow. Electronic Collections Process bulk or multiple collections simultaneously through our intuitive, secure and cost-effective channels Our receivables capabilities cater for normal debit orders or Electronic Funds Transfers (EFTs) and authenticated and non-authenticated collections – while accommodating the regulatory requirements of different countries. Our reporting capability provides a view of successful, unsuccessful and disputed collections to simplify your reconciliation. Electronic Payments Pay your suppliers, creditors, staff and regulators efficiently and securely using our payments solutions Our payment services can be tailored based on your business needs – such as processing payments only against available funds or against a credit facility – and to a bank account or a mobile phone using cash send and mobile wallet. Our Electronic Payments capability also enables real-time clearing to support immediate payments obligations. Physical Cash Mitigate the risk of holding large amounts of cash with various physical cash handling solutions Manage your physical cash safely and efficiently with our comprehensive end-to-end physical cash handling solutions. Our physical cash solutions include fully automated, manual, cash deposit ATM's, Branches and Kiosks to fulfil your unique cash handling requirements. Card Solutions Collect from your customers and manage your corporate spend with our market-leading card solutions Our market-leading card acceptance solutions range from fixed, portable and integrated options, to mobile devices and ecommerce solutions – supporting all major card service providers including Master Card, Visa, Amex, UPI and Diners. We also issue a wide range of card solutions to support your corporate spend requirements. Integrated Solutions Process payment transactions seamlessly and securely direct from your line of business system Our integrated solutions offer supplier validation, seamless payment processing and automated reconciliation capabilities. This offering unlocks various efficiencies such as eliminating ‘swivel-chairing’ between the line of business system and the banking channel and removing the administration and its associated risks created by the manual processing of transactions. Third-Party Fund Management Gain full visibility and control of your entire trust or third-party accounts We offer a highly secure and intuitive Third-Party Fund Management (TPFM) solution that will allow you to open and close trust or third-party accounts, create and manage guarantees and process payments with ease. We also provide a comprehensive reporting capability to support your reconciliation and reporting needs. Our TPFM solution caters for the requirements of Attorneys, Liquidators and deceased estates. Cross-Border Payments Make secure international and cross-border transactions with ease Pay or receive funds seamlessly and securely through our International Banking solutions including Foreign Exchange, International Payments, Foreign Currency Accounts and Letters of Credit. We have a team of experts to provide you with advice and support throughout the journey with us. Our payments solutions ensure a hassle-free travel experience. We provide foreign banknotes, an easy-to-use Cash Passport™ card and access to an Omnibus Travel Facility to make your trips that much easier. Information & Reconciliation Services Have full sight and control of your bank transactions Validate beneficiary bank accounts, receive transaction notifications and reconcile with ease with our information and reconciliation services. Gain control of your banking transactions with our Account Holder Verification, Notify me for Business, Deposit Identifier and Statement Delivery services. SUBSCRIBE FOR QUARTERLY UPDATES Analysis and data-driven insights for a changing world – delivered direct to your inbox. SUBSCRIBE NOW PRODUCTS AND SERVICES You may also be interested Absa AccessReal-time, seamlessly integrated banking that offers you more convenience and security. Learn MoreCorporate AdvisoryOur extensive African footprint and expert insights enable us to guide our clients on a range of strategic transactions, navigating them through otherwise complicated financial and regulatory environments.Debt FinancingBy leveraging our deep regional knowledge – and our advisory, financing and capital raising expertise – our award-winning global team will tailor an ideal solution for your needs.View All Latest insights Leading-edge thinking from our team of financial and sector experts. RISK MANAGEMENT 2024: The Year in FX Ross Long, Head of Foreign Exchange for the Absa Group, reflects on the factors that shaped FX markets in 2024 and how they influenced the value of the rand. Read more CONSUMER INSIGHTS Absa’s Merchant Spend Analytics: October 2024 In an era of accelerated change, navigating the vast consumer goods and services landscape can be daunting. This newsletter forms part of a series of reports curated by industry experts, leveraging Absa internal and global data sources, as well as local research across the consumer goods and services sector to bring you the latest insights and trends. Read more Podcasts How Stablecoins are transforming payments in Africa Cryptocurrencies and stablecoins are driving significant shifts in the world of payments and trade. How is this playing out in Africa and beyond? Find out in this episode of our blockchain-themed podcast series, with Rob Downes, Head of Digital Assets at Absa CIB, and special guest Reece Merrick, Managing Director: Middle East and Africa at Ripple. OUR TRACK RECORD Feedback from our clients “Absa provided us with advice on matters related to project finance and maximising interest income on excess cash. The service received has been outstanding and we have had better-than forecasted interest earnings as a result of the guidance and restructuring provided by Absa CIB. We have also received substantial support for decision making purposes when it comes to financial instruments held with Absa.” Dorper Wind Farm – South Africa President, Trade Association - Africa "Absa has been a partner bank to ACWA Power since our first successful project bid, providing the group with project financing, working capital as well as mandated as the account bank for the project. Absa has provided great value through its service, tailored solutions, valuable insights and advisory to the group." ACWA Power – UAE and Africa President, Trade Association - Africa "As a partner bank to Marubeni for over 6 years, the Absa team has provided awesome service in assisting us to establish our South Africa office. Their always-available attitude has supported us to facilitate our entry into both the South African and African Market." Marubeni Middle-East & Africa Power Limited – Japan President, Trade Association - Africa "Having a Pan-African banking partner is very important to the group as it gives us a competitive advantage in the market. We are now able to go for the projects we want because we have a partner bank that understands our business and is ready to help us materialise our growth ambitions in the continent." Gransolar Group – Spain President, Trade Association - Africa Contact us 0860 500 703 +27 (0) 10 211 3117 rsc.corpprc@absa.co.za Subscribe for quarterly updates Analysis and data-driven insights for a changing world – delivered directly to your inbox. Subscribe now Rate our website How would you rate your overall satisfaction with this website? 1 2 3 4 5 Great! Please tell us more What did you like most about the website? Insights offered Look and feel Variety of content Next Please tell us more Which of the following could be better? 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