Immediate Cash
Immediate Cash
Benefits
- Expedite collection period
- Minimize float
- Increase business volume
Features
- Current account with overdraft facility
- Sight payment, same day value
- Payment of bail-out fund amounting to nominal Cheque/Bilyet Giro
- Short-term financing (= 1 month)
- Underlying financial documents: (Cheque, Bilyet Giro)
- Corporate Recourse for bounced financial documents
- Agreement for immediate cash facility
- No fixed asset collateral required (conditions apply)
Procedure
