Virtual Accounts Solution

What is Virtual Accounts Solution?
Virtual Account solution solves the problem of receivables reconciliation by providing –

  • A unique virtual account number for each payor which contains payor information and relevant beneficiary account number
  • Automatic crediting to the relevant beneficiary account with the payor details shown on the statement narrative
  • Ability to capture purpose of payments in account number itself
  • Detailed MIS and periodic alerts available to facilitate faster reconciliation

Our Relationship Manager will connect with you at the below mentioned details, within the next three working days.
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