Agribank provides enterprise customers overseas cheque collection service whereby Agribank sends the cheque to the foreign correspondent bank for collection, the amount of the cheque will be credited to account of the beneficiary when the cheque is accepted for payment.
Benefits
-
Customer
can present the cheque for collection at Agribank branch or send the cheque by
mail
-
Agribank
have signed contracts and agreements for cheque collection with many banks in
the world to make sure cheques are collected centrally and sent continuously,
amounts of cheque cleared at the soonest
-
Agribank
actively contacts with institutions to ensure to update customers with status
of the cheque in earliest time
-
Cheques
are sent directly to collecting bank
-
Cheques
are paid quickly and conveniently
How
to apply
-
Customer
completes the Cheque Collection request
Fees
-
Fees
and charges apply according to current Agribank Schedule of Fees and Charges
Delivery channels
-
Branches/transaction
offices, ATM’s of Agribank nationwide or automated channels (E-banking)
Technology applied
-
Agribank
uses automated system (IPCAS) to track customer information, accounts, amounts
of interest payment, etc. with the highest security and accuracy.