Regional Collection Management System (RCMS)

This provides corporate customers with an effective way of realising receivables, particularly cheques drawn on upcountry locations. This is done through our branch network with a manually daily sweep of funds to the customer's concentration account at SCB. RCMS is able to reduce cost by capturing customers' cheques ''at source'' and clearing them as local, rather than upcountry items. This also minimizes delays

WebBank

WebBank has the capability to support your Cash Management reporting needs by giving you complete control of your banking transactions from your own PC. Our system provides a secure, reliable, effective link between you and your accounts from your offices or from any PC with a connection to the Worldwide Web and supports transaction initiation needs. RCMS reports can also be viewed on Webbank daily.

Straight2Bank

Straight2Bank is a proprietary electronic payment system which allows clients to send transactions to the bank electronically. This is an efficient payment platform which provides the user with ample flexibility for the processing of all transaction types. The internet based version, iPayments is also available on the Webbank platform.

Premium Service Banking (PSB)

The single point of contact for all administrative purposes regardless of location offering a truly 'one stop shop' banking solution for non-cash transactions This is a package of service enhancements tailored to make daily banking more efficient and convenient including:

Banking at your Doorstep - The Bank will provide customers with the convenience and security of a daily courier pick-up and delivery service at their premises for all their routine non-cash-banking transactions.

Daily Statement/Interim Statement of Account - Statements of customers' accounts will be delivered to their office daily or at whichever frequency they choose. Interim Statements can be faxed to customers immediately upon demand.

Customer Telephone Hotline - Dedicated telephone hotlines for PSB Customers. This facility provides customers with a single point of contact in the Bank for all their transactional banking enquiries.

Market Information - Current financial markets information including foreign exchange and money market rates is made available to customers.

Extended Banking Hours - Another added benefit for PSB customers is the extended banking hours for non-cash transactions up to 4.30 p.m.

Speed clear - Express clearing of high value cheques with customer obtaining same day value.

Foreign payment - Processing of foreign payments on clients behalf.

Inward remittance service - Relaying of information and advice on inward remittances.

Current Account

Current Account is a transactional account that a customer uses for its normal business activity. It has a cheque book facility and funds in the account can be withdrawn via cheques or outward remittances. Deposits can be made in cash, cheques or incoming remittances. A regular statement, usually on a monthly basis, is sent to the customer for account reconciliation purposes.

Savings Account

Savings account is an interest-bearing account without any cheque book facility. Though it is usually available to individual customers, it can also be offered to business customers