Payables Management

YES BANK offers a one-stop bank for all your payables requirements through a comprehensive Payables Management product suite under the Corporate Net Banking Platform.

Electronic Payments through Corporate Net banking

• Capability to accept any file format through deployment of convertors

• Ability to enable Host to Host integration with the client’s payment servers/ERP

• Salary payment through a single file to salary accounts held with YBL/other banks

• Ability to share Salary Slips as email advices to beneficiaries

• End to End Integration with Tally accounting system for processing E-payments

Expense Management cards

• Managing day to day expenses of employees/Branches/Departments/Locations

• Expense Management Cards (similar to Debit Cards) which can be used at ATM or POS terminals  or E-commerce

• Online Transfer and Pullback of funds to expense accounts

• Central delivery of Cards and Pins to Authorized Signatory of Company

• Reduced KYC as compared to regular bank account

IMPS

• First in Industry to offer Offline bulk transaction processing through IMPS

• Instant settlement of Payments to Beneficiaries

• Offline mode available from 10 am to 8 pm on weekdays and 10 am to 4 pm on Saturdays

• IMPS through H2H is available mode available 24*7

Salary Payments

• Salary proposition for corporate for their employee salary accounts held with YBL/other banks

• Consolidated Debit in Customer’s Account

• Email/SMS Advice