Explore a variety of ways to collect money and handle payments safely, securely, and always on time
Domestic direct debit are automated collections of agreed amounts from your debtors’ bank accounts. Through automated verification, we ensure that you make your collections accurately and timely.
Corprate mobile cashless collections facilitate receipt of payments from your customers’ mobile wallets directly into your Absa account. Benefit from instant payment notifications, detailed and concise reconciliation reports, as well as 24-hour translation of E-float to cash or credit.
Bill validation ensures 100% accuracy of the information captured during over-the-counter collections. We authenticate details provided by your customers against a database of payers' details provided by you. This makes for easier reconciliation and accurate data capture, enabling you to directly use the bank statements for updating your operating or accounting systems.
Bulk cash collections give you real-time credit for all your cash collections at the comfort of your office 24-7.
Verified collections can be done for utility companies, i.e. KPLC & NWSC, statutory (KRA) and other institutions i.e. universities who have integrated the bank system with their system.
Remote Cheque Capture machines give you control of your cheque collection and capture processes from the comfort of your office 24-/7.
Take the risk out of handling cash and cheques at your business premises with our courier and bank direct solutions
Bank direct cash and cheque bulk collections
Absa, in partnership with cash-in-transit companies, collects bulk cash and cheques from your premises and deposits the funds into your account.
Bank direct on-site teller
In addition to our cash and cheque bulk collections, we provide trained personnel to handle collections at your premises. The cashier or teller manages the acceptance, processing and handling of cash and cheques, including the preparation of deposits via cash and cheque bulk collection.
Bank direct mail
We collect non-cash items, such as cheques, instructions, treasury confirmations, trade documents and cheque book requests, then deliver these to the bank on your behalf.
Cash deposits
Do cash colections at any of our branches. Deposits done at the branch require the depositor’s unique reference. Your unique reference facilitates over-the-counter cash, cheque and account transfers across all our branches countrywide. Depositor information is available to you instantly, making your reconciliation process easier.
