CASH MANAGEMENT

With our tools, you can ensure maximized cash efficiency for your business, your suppliers, customers, and distributors.

Super Agency & Agency Service

This is a payment service extended to MTN MoMo and Airtel Money agents and subscribers for purposes of buying float for their operating tills.

Available services and support at NCBA Bank Agent points

  • Cash deposit facilitates the real-time acquisition of floats.
  • Simplified management of MTN MoMo & Airtel Money wallet funds.

NCBA Cash Deposit Machine

This is a collection solution that allows cash intensive institutions to deposit cash to their respective accounts at NCBA Bank directly from their premises.

Features

  • Real-time credit of cash to your NCBA Bank account.
  • Simple, convenient & secure way of banking cash.
  • Accepts deposits in multiple currencies.
  • Cash verification & ability to reject counterfeit notes.
  • Easy monitoring and reconciliation of transactions.

Direct Debits

Recover money due for bills or services rendered directly from your customers that bank with NCBA and other resident banks.

Features

  • Payer could authorise payments from a bank account of amounts which are variable by time and or amount.
  • For payments that are subject to changes in amount, a variable Authority is available thereby avoiding the need to issue new instructions whenever amounts change.
  • Offers the ability to manage and control cash flow.
  • The elimination of cheques and reduction of non-reconciled payments using standing orders.

National Collections  Service

Our collections partnerships with Centenary Bank and Post Bank allow you to deposit through more than 110 branches countrywide. Customised and co-branded deposit slips can be arranged for you for free.

Agency Banking

A banking agent is a retail or postal outlet contracted by a financial institution to process clients’ transactions. At NCBA Bank, we believe that where there’s a shop, there should be a bank.

Available services and support at NCBA Bank Agent points

  • Agent float check.
  • Instant cash deposits are offered for free.
  • Agent to Agent float transfer.
  • MTN float purchase.
  • Improved customer service.
  • Improved satisfaction.
  • Convenience & accessibility to customers & non-customers (24/7).
  • Real-time deposits into your bank account.
  • Visibility of the corporate brand. 

In-Branch Collections

Get reduced rates on large deposit amounts at any of our branches. Just walk into any of the NCBA branches that make up our wide network countrywide.

Features

  • Offers customised collection services for high volume payments.
  • Operational costs are reduced for customers with high volume cash payments.
  • Offers simplified reconciliation inputs for high volume payment collections.
  • Creation of customised deposit slips that cater to customer-specific requirements.

Cash in Transit

Get a tailor-made C.I.T collection structure to suit your business needs. We have the experience to ensure an efficient and secure transit system for you.

Supported Cash in Transit alternatives:

  • Ad Hoc C.I.T
  • Milk-Run C.I.T
  • Periodic C.I.T Run

NSSF Collections

Conveniently make your NSSF payments through our Internet banking and in-branch services.

Features

  • Real-time validation of payment details before payment is done.
  • Near real-time entry update upon successful transaction processing.
  • Confirmation notifications sent to customers upon payment.
  • Convenient and secure. 

Statutory Collections

Conveniently make your Uganda Revenue Authority Domestic Tax and Customs Tax payments through our Internet banking and in-branch services.

Features

  • Real-time validation of payment details with URA before payment is done.
  • Near real-time entry update with URA upon successful transaction processing.
  • Confirmation notifications sent to customers by URA upon payment.
  • Convenient and secure.

Auto Collect Solutions

This service provides your customers with the means to pay for their biller or utility payments via our channels.

Features:

  • Real-time update of transactions ensuring auto-reconciliation.
  • Instant recognition or allocation of payment.
  • Transactions capture the required payment details.
  • Several modules are available to make payments: Online Banking, Mobile Banking, cash, mobile money or in-house cheque deposit at a branch.
  • Receipting upon payment and immediate access to service.
  • Less reliance on Contact Centre or relationship manager for transaction details.

Capability to maintain multiple viewers, inputters, supervisors & authorizers for the roles below;

  • Viewers: Able to download statements in CSV & PDF formats for reconciliation purposes.
  • Inputters: Only able to initiate transactions (viewers & inputters cannot approve transactions).
  • Supervisors: Verify & check transactions before they are forwarded to the approver’s queue.
  • Authorizers: Approve & release payments in line with the prevailing account mandate.

 

Getting you over that cash crunch

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