CORPORATEPAY system is a business payments platform provided & hosted by NCHL. It allows the corporate and business customers of the member banks & financial institutions (BFIs) for initiating digital payments from any of the accounts maintained at member banks. It allows the business customers to process real time payments through connectIPS e-Payment system and non-real time bulk payments through NCHL-IPS system, with all the necessary multi-user controls required for such business transactions.
- Real time Interbank and Intra-Bank Fund Transfer
- Non real time fund transfer
- Salary payment on individual basis or batch posting
- Vendor Payment through different payment systems
- Government Tax and Revenue Payment
- SSF, EPF, CIT Payments
- Other Payments such as Mobile Top ups
- Transaction reports and queries
Features of CORPORATE PAY
- Single channel for multi-banking and multi-accounts.
- Secured with two-factor authentications and multi-user authorization to complete a transaction for security and controls.
- Account statement generation and option to download in MS-Excel or PDF format
- Strong reports and reconciliation.
- Corporate current account at Jyoti Bikash Bank is required
- JBBL authorized corporate Pay and User enrollment form.
- System generated enrollment request detail form receive through mail after signup.
- Company Resolution for availing Corporate PAY service, transaction limit, authorized users and mandate for operation
- KYC and Identification Documents of users if they are different persons other than authorized signatories of the account