Cash concentration – single view of all your accounts

We understand that to run the business efficiently, you have to use many accounts for various purposes. As the structure becomes complex, it becomes increasingly difficult to monitor the cash flows and track balances in each of them, which leads to situation of excess/short fund and corresponding overdraft charges.

Our cash concentration solution equips you with solutions wherein you can manage funds to earn higher yields.

We equally understand the importance of having a consolidated view of all your accounts across banks at one place and hence we provide you the convenience of having a single view across all your relationships with other banks. Once you set the instructions with your respective banks to have your account information made available with us in specified formats, we would ensure that information is displayed to you in homogeneous fashion

Services:

  1. Sweep in/out balances to and main account from linked accounts at the click of a button
  2. Multi-level  hierarchy structure supported
  3. Our auto alerts saves you from hassles of constantly checking account balances
  4. You never run overdraft or low in balance in any of your accounts.
  5. Excess cash gets pooled in one account letting you invest the extra cash.
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Contact us

REGISTERED office:

IDFC FIRST Bank Ltd

KRM Tower, 7th Floor, No. 1,
Harrington Road, Chetpet,
Chennai - 600031, Tamil Nadu,
India

Corporate office:

IDFC FIRST Bank Ltd

Naman Chambers,
C-32, G-Block,
Bandra-Kurla Complex,
Bandra East, Mumbai - 400051,
India

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