Standard Chartered supports your complete collection cycle. These services cover:
- Courier pick-up service, which is available for cheques from your office, dealers' and distributors' offices, from PO Boxes etc.
- Clearing of instruments whether local or foreign currency through the clearing houses, directly by Standard Chartered or through our correspondent bank network.
- Electronic collection services through the ACH.
- Data capture of information.
- Reconciliation activities.
Types of Collections
We provide collection services for:
- Local currency cheques
- Foreign currency cheques
- Lock box services – Retail and Wholesale
- Direct Debits
- Credit Card Collections
- Inward Telegraphic Transfers
Please refer to the Standard Chartered individual country website to confirm the availability of specific collections products and services. For further information, please contact your local Relationship Manager at Standard Chartered.
Collections Services
