Through the internet-banking platform,
Electronic RM gives you free information about the outstanding loan and you can check if there are amounts not paid on their due date (overdue amounts) at any time.
Moreover, you can see your debt instrument collections (cheques, promissory notes, bills of exchange), the debt instruments issued in favour of suppliers and submitted for payment, and you can also directly choose to extend or not the loan validity if it is revolving (e.g. line of credit).
In addition, you can choose to be notified through the internet-banking interface and on mobile by SMS on payment obligations associated to the outstanding loan facilities (loan instalments, interest, fees), on the final maturity of loan facilities, on deposits at maturity.
Real-time information without having to call bank representatives;
Prevention of possible delays in the payment of interest rates and the reimbursement of loan instalments;
Better management of your company's liquidity;
On-time submission of documents required for the bank analysis in order to extend loan facilities (in particular revolving facilities) or to reschedule facilities if you face reimbursement difficulties;
Streamlined company business;
Lower phone bills;
Free notification messages on the internet-banking interface, while your company will pay only the low cost of SMS notification messages sent to your mobile in conjunction with the internet-banking messages.