Cash ManagementCIB features a slew of modules that span liquidity, disbursements and collections management. The platform enables authorized users of client companies to conveniently access account information and initiate transactions online, real time via any internet-enabled device on a 24/7 basis. The CIB is robust, flexible and intuitively designed that it can be used by any type of business regardless of size. It employs encryption, two-factor authentication and workflow management to enhance system security. DISBURSEMENT SOLUTIONS Payroll via CIB The Payroll via CIB expedites a company’s payroll process by allowing you to securely upload credit instructions via the internet. Upon crediting, funds will be immediately available for withdrawal by payroll beneficiaries at any Bank of Commerce, BancNet or Megalink ATM nationwide. MC Cutting Service The MC Cutting Service allows companies to outsource their check disbursement functions to the Bank via preparation and/or releasing of Manager’s Checks (MCs) to designated payees. It is ideal for companies with voluminous check disbursements that wish to get rid of this non-core business activity. Fund Transfer to Third Party Accounts Fund Transfer to Third Party Accounts is a paperless payment alternative that allows settlement of company payables through intra-bank electronic fund transfers in favor of third party beneficiary accounts – without beneficiary account activation by Bank. Auto-Credit Arrangement (ACA) The Auto Credit Arrangement (ACA) is a great alternative to check-based payments. The ACA allows you to settle company payables through intra-bank electronic funds transfers in favor of Bank-activated company enrolled third party accounts. Payroll Plus* Payroll Plus is a payroll package solution which comes with a payroll software that can automate the computation of your employees’ time summaries, salaries and wages, taxes and deductions and credit salary to your employees’ accounts. COLLECTION SOLUTIONS Auto-Debit Arrangement (ADA) The Auto Debit Arrangement (ADA) allows paperless collection of company receivables through intra-bank electronic funds transfers from pre-enrolled 3rd party accounts as duly covered by a tripartite agreement among the Bank, your company and your payors. Bills Payment Facility* The Bills Payment Facility enables companies to systematically collect payments from customers/subscribers/policy holders through any of the Bank’s payment channels (i.e. branch over-the-counter, ATM and Internet Banking). Deposit Pick Up (DPU) Service* The Deposit Pick Up (DPU) Service provides security to your company by collecting deposits from your designated pick-up site based on pre-agreed schedule using highly secured armored cars. LIQUIDITY Fund Manager (Account Balance and Transaction Inquiry) The Fund Manager provides online, real time account balance and transactional information anytime, anywhere via the internet. Fund Transfer to Own Account The Fund Transfer-Own Account allows you to effectively manage funds across multiple company deposit accounts with Bank of Commerce. *Available outside of CIB.