Distributor / Cash Collection

Distributor Collection

Distributors do not always sell products or services by themselves. As a distributor, you might need branches, whole sellers, or retailers as your distribution channel to make your products or services available to your customers' places as near as possible.

Our distributor collection allows your distributors to pay their bills at all provincial branches to your account within our branch network.

ACLEDA Bank charges price of Distributor Collections service based on local transfer rate if transferring from sub account to main account.

Cash Collection

Cash Collection is a conformed service to large companies include: telecommunication, merchandising company, electricity, water supply, institution to collect the taxation etc.

ACLEDA Bank will collect price from companies' purchasers or consumers, and they do not need to pay at those companies directly.

The bank charges price according to agreement made with ACLEDA Bank.

Advantages

• Lower risk with cash payment
• Reduce time and cost in distributor / cash collection process
• Our bank's cash management provides you with safety
• Opportunity to use other bank's services etc.

Forms used with this product/service

• Application Form (Form: 50-120)
• Contract Form (Form: 50-121)

Note:

• Cash Management services other than Foreign Exchange, Traveller's Cheque, Cashier's Cheque, Foreign Cheque Purchase and Safe Box services are only available to customers having an account with ACLEDA Bank. Please contact our officer on how to open an account with ACLEDA Bank.
• Restrictions on opening accounts in certain currencies may apply from time to time according to market conditions. Please check with our bank.