BNP Paribas in India Corporates and Institutions

Collections

Cheque Collections – Pan India Coverage

  • Extensive Pan India coverage at 450+ local locations (own + partner banks). 4,500 locations for Upcountry Cheque Collection
  • Comprehensive cheque warehousing solutions – post dated and pre-signed blank cheques management

Electronic Collections –  New age and faster funds

  • Virtual account solutions for improved remitter identification and faster realization of funds
  • Instant payment systems like IMPS as well as reporting and transaction alerts to equip sales teams to handle the collections process more efficiently

Direct debit Collections : Easy and efficient

  • End to End Mandate management with Support migration from PSBC (Cheques) to NACH Mandate pull
  • SMS based pull solution designed for distributor collections as well as separate reporting for direct debit collections and mandate registrations

Payments 

Electronic Payments – Secure & Simple

  • 24/7 electronic banking platform that supports high & low value payments
  • Host-to-Host Connectivity for seamless integration
  • Separate module for Salary payments with masking capabilities
  • Automated solution for utility bill payments
  • Dual authentication using secure token technology
  • Mobile app to view account and authorize payments on smartphones and tablet

Statutory Payments – Fast & Seamless

  • Online e-banking platform for Statutory payments and email delivery of tax challans
  • Comprehensive coverage of direct & indirect taxes and customs duty
  • Online payment of EPFO and ESIC
  • BNP Paribas