Payables management
Simplifying complex payments
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
Please click here to refer to the Terms and Conditions for Cash Management Services (CMS)
Documents Required
Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much more
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