This is a bulk payment solution designed to meet your needs while handling many payments to different beneficiaries at a click of button. These types of payments include Salaries/Wages, Trade/Supplier payments, Dividends, Loan repayments/disbursements etc. With a single debit to your corporate account, payments will be made to multiple beneficiaries either via EFT and RTGS.
- Immediate credit; to all beneficiary accounts held at the GT Bank and the following working day for beneficiaries with accounts in other banks.
- Accurate processing; Beneficiary accounts are credited electronically thus eliminating errors associated with manual intervention.
- Reduced Workload; Owing to bulk processing functionality one can upload all the payments as a single batch meaning time spent reconciling cheques is reduced and manpower can be used to do other work
- Cash Handling Risk Eliminated; the need to transport and hold large amounts in cash for payment for various payments is done away with.
- User friendly; the software is easy to use since it has friendly graphical user interfaces.