Collections

Realise value by streamlining and accelerating the receivables cycle

The Royal Bank of Scotland Berhad’s integrated physical and electronic collection solutions significantly reduce days receivable and thus improve workflow management.

We provide a comprehensive range of payment options to your customers, backed by the right electronic information so you can reconcile your sales ledger promptly and easily.

Cash and cheque deposits

Cash and cheque deposits can be easily made at selected branches and Royal Preferred Banking Centres.

Lockbox Services

Lockbox processing is a cash management service provided by banks to their corporate customers. Lockbox services are designed to accelerate the collection and deposit of check payments.

Incoming international funds transfers

The Royal Bank of Scotland Berhad leverages its large international network by speeding up incoming telegraphic transfers to improve on your cash flow.

RENTAS - local interbank transfers

The Royal Bank of Scotland Berhad is a direct member of Real Time Electronic Transfer of Funds and Securities (RENTAS) - a same-day high value payment system for MYR. With the seamless and electronically automated processing of incoming funds, payments can be received in a timely and efficient manner.