With intensified competition as well as an increasingly complex financial transactions, businesses require a breakthrough solution to stay at the cutting edge.

Supported by a wide distribution network, Danamon compliments its range of products through Danamon Cash Management, an integrated banking solution that is designed to assist customers in managing their cashflow and liquidity effectively and efficiently to attain the optimal profitability. This way, you can focus your strategy in your core business. 

Danamon Cash Management Benefits

Efficiency

• Automation of various payment transactions
  Cost-Time effectiveness. reduces your number of visits to the branch
  Simplifies administrative tasks

Increase in revenue

• Optimises return while ensuring sufficient liquidity and availability of fund
• Expedites receivables

Control

• Simplifies the reconciliation process
• Real-time access to a balance information through electronic channel

Risk

• Improves risk management and monitoring over fund exposure
• Better control over third-parties

Products & Services:

Cash@Work

Electronic-channel for cash management services where customers can carry out various banking transactions directly from the comfort of their own offices.

Cash Pick Up & Delivery Services

Services provided to customer for pick up and delivery of hard cash, cheque/Bank Guarantee and documents.

Virtual Account

Cash management service that facilitates easy fund sender identification and cash reconciliation process.

e-Tax

Real time, on-line tax sevice payment (SSP & SSPCP) through cash@work.

Real Time ZBA

Advance sweeping and zero balance function with automatically sweep balance from one (several) account(s) to one main account during end of day process and automatically transfer fund from main account to cover outgoing transaction done through operating account.

Notional Pooling

Linking of bank accounts in the same currency for interest calculation purposes in order to improve liquidity management.

Channel - Buyer Financing

Buyer Financing Credit Program is one of the Channel Financing Product Program where Danamon offers financing to buyers from Danamon’s Corporate/Commercial customers (seller/anchor) with partial (minimum ) recourse.

Channel – Supplier Financing

Supplier Financing Credit Program is one of the Channel Financing Product Program where Danamon provides post and/or pre-shipment facility to local suppliers from Danamon’s Corporate/Commercial Banking Division.

Danamon Cash Management services are accessible through the following channels :

1. Cash@Work - Electronic Banking for Cash Management
2. Bank Danamon Branches 
3. ATM
4. Danamon Access Center (Call Center) 
5. Electronic Data Capture (EDC) 
6. Mobile Banking