A BRIEF INTRODUCTION: Clients under the brand name SBI FAST (Funds Available in Shortest Time).

Transcription

1 SBI FAST CASH MANAGEMENT PRODUCT - STATE BANK OF INDIA A BRIEF INTRODUCTION: Clients under the brand name SBI FAST (Funds Available in Shortest Time). flows. predictability in the cash controlled processes and customized MIS. liquidity to ensure optimum planning and utilization of funds. facility (a secure, seamless file transfer facility) FEATURES & BENEFITS: and enhances complete Host to Host lized Control of cash. Effective control over disbursements. Management. SBI FAST Cash Management Services Offerings: 1. COLLECTIONS: a. LOCAL COLLECTIONS: (Cheques/drafts etc) the clearing practices prevailing at the various centres (i.e. Day-0, Day-1, or Day-2), credit is afforded, as mandated, to the client's main account at the pooling centre the same day as the proceeds are cleared. client s choice, which are physically connected to our central hub at Mumbai. s as per distributors/representatives or through couriers as per the arrangement. not required to open any account at the Centre from which this facility is availed. SBI/other bank Branches. hence cost effective. on other local s are handled exclusively through our own network and

2 b. OUTSTATION CHEQUES COLLECTION: our CMP Cell branches. concessional charges and cheques drawn on other banks are credited after clearance. On selective basis and with RM s recommendations credits can be afforded on Guaranteed Credit (GC facility) basis provided necessary limits are carved out by the branch where CC is maintained. c. CASH COLLECTION: automatic pooling of funds with MIS. hes on CMP software which facilitates d. UNCLEARED FUNDS: offered selectively at Bank's discretion. alue clearing carved out for this facility. e. BALANCE SWEEP: -end-balances in collection accounts maintained at various CMPcentres across the country to the pooling account. payments and the residual balance at the end of the day swept to the main account. next day. ts by reverse sweep at the beginning of f. DEBIT TRANSFERS: -fixed daylight limit, maintained at CMP centres transferred to the main account at the end of the day. he facility dispenses the use of allocated limits and thereby ensures better control, for the client over debits. g. CUSTOMISED MIS: local centre. location-wise/product-wise presentation/credit/return reports are provided to the Corporate Office through s.

3 -form, compatible with the clients accounting system, through for easier and speedier reconciliation. -Mail. h. ELECTRONIC COLLECTIONS: 1) DIRECT DEBIT f invoice payment from Dealers, SIP/Premium etc. 15,000+). 2) RTGS/NEFT RECEIPTS received through RTGS/NEFT modes are credited to the Corporate pooling Account. PRICING The pricing of the product is competitive but volume driven and depends on the location, type of facilities and amount of individual instruments. 2. PAYMENTS a. Real Time Gross Settlement - Settlement through RBI. on Amount Rs.2.0 lac. b. National Electronic Fund Transfer

4 - Settlement through RBI.. c. Electronic Clearing Scheme across India through NECS for banks on corp. Banking. holders/ employees/ ex-employees. investors/ share ent file upload facility available through SBI CMP Portal / Host to Host Connectivity. d. Direct Credit ra-bank of SBI for electronic payment that uses ' Core Power '. 15,000 & growing). an be used for payment for Purchases, Rent, Incentives, Salaries etc. through SBI CMP Portal / Host to Host Connectivity e. DRAFTS ice. f. Multi City Cheques (CCPAP) Corporate Cheque Payable at Par. No limit. able at all CBS branches of the Bank. on selective basis.

5 t file upload facility available through SBI CMP Portal / Host to Host Connectivity g. Dividend Warrants Across all RTGS/NEFT enabled banks branches. Across all branches of all plus branches plus branches id / unpaid status provided. h. Contact Details Tel No: to ,Fax No: / SNo Name Designation Telephone No 1. Shri Y.V.Ramana Murthy Deputy General Manager , dgm.cmp@sbi.co.in 2. Shri P P Butte Asst General Manager Systems agmsys.cmp@sbi.co.in 3. Shri Ejaz Hussain Asst General Manager Project Implementation agmpi.cmp@sbi.co.in 4. Shri C.M.Kulkarni Asst General Manager Client service agmcs.cmp@sbi.co.in 5. Shri J.P. Kukreti Asst General Manager Operations agmosd.cmp@sbi.co.in 6. Shri Sunil Potdar Asst General Manager Marketing agmmktg.cmp@sbi.co.in 7. Shri Rishabh Jain Asst General Manager Operations agmops.cmp@sbi.co.in 8. Shri Sanjay Shrivastav A.G.M (Govt. Business) itro@sbi.co.in 9. Shri A.K. Jha AGM -UMEA umea.cmp@sbi.co.in 10. Shri C.P.Sundaram C.M. -Dividend Warrant dw.cmp@sbi.co.in 11. Shri. Vika Walawalkar, AGM (GB) agmgb.cmp@sbi.co.in 12. Shri Amani C.M.-Mandate Cheque Processing mandates.cmp@sbi.co.in 13. Shri Harnam Singh C.M.-Operation cm.ops@sbi.co.in 14. Shri Soumendra N Mukherji CM Projects Implementation soumendra.mukherji@sbi.co.in 15. Shri Pramod Nayak AGM Systems Administration pramod.nayak@sbi.co.in

6 16. Shri M. Ravishankar Kashyap CM - System Development m.kashyap@sbi.co.in 17. Shri Baidehi Sharan Shukla CM -Admin cm.admin@sbi.co.in Marketing Team (Region Wise) SN Name Region Designation Telephone No 1. Shri Tushar Mangla New Delhi CAG AVP tusharm.mgmt@sbi.co.in 2. Shri Sujay Singh Ahmedabad Product Specialist sujay.cagm@sbi.co.in 3. Shri Kumar Amit Kolkata C.R.E cre.09998@sbi.co.in 4. Ms. Bismi Bose Chennai AVP bismi.c_bose@sbi.co.in 5. Sh. Vinod Kr Chhabra. CM cmmktg.cmp@sbi.co.in 6. Ms. Shikha Arora MCG AVP shikha.mgmt@sbi.co.in 7.Shri. Vishal Desari CAG Prodct Spl Vishal.dasari@sbi.co.in 8.Shri. Suryakanta Das Bangalore Prod.Spl Suryakantadas.sbicaps@sbi.co.in 9.Shri. Ashish Jha Chennai Cag Prod.Spl ashishjha.sbicaps@sbi.co.in 10.Shri Diljeet singh Jambh MCRO Delhi Prod.Spl dsjambh.sbicaps@sbi.co.in 11.Shri. Kumar Amit Kolkata AVP sinha.kamaramit@sbi.co.in 12. Shri. Sidesh Sha Ahemadabad Prod. Spl Sidesh.sbicaps@sbi.co.in 13. Ms Smita Kumar MCRO New Delhi Prod.spl smitakumar.sbicaps@sbi.co.in For any complaint about CMP services /cash Pick up Services activated through outside agencies,grievances Redressal Machinery is available.the details of the designated Grievances Redressal Officer at CMP Centre are as under : Mr. Y.V. Ramana Murthy The Deputy General Manager (CMP) STATE BANK OF INDIA, CASH MANAGEMENT PRODUCT, TBU, CORPORATE CENTRE 31, MAHAL INDUSTRIAL ESTATE, MAHAKALI CAVES ROAD, ANDHERI (EAST),MUMBAI Contact No Fax No /61 dgm.cmp@sbi.co.in