The bank offer practical and secure payment solutions customized to your everyday needs:
1. The Cheque: A cheque is a payment instrument used by both individuals and businesses. It's a written and unconditional order given to a bank (the drawee) to pay a specific sum to a designated person (the payee) or to the bearer.
2. The RTGS Transfer: An RTGS (Real Time Gross Settlement) transfer is an interbank transfer of a large amount or an urgent payment that is processed and settled individually and in real time. This means that as soon as a transaction is executed, it is final and irrevocable.
3. The Bank Transfer: A bank transfer is a method of payment used by both individuals and businesses to transfer funds from one account to another.
4. Bills of Exchange (Letter of Exchange and Promissory Note): Bills of exchange are negotiable instruments that embody a claim (debt) and are used to facilitate commercial transactions, especially those involving deferred payments.
5. The Direct Debit: A direct debit is a payment method that allows a creditor, the direct debit originator, to directly debit their debtor's bank account, subject to prior authorization given by the debtor. It is commonly used for recurring payments (invoices, subscriptions, taxes, etc.).