Applicable for Malayan Banking Berhad, Singapore branch customers
Collections
eGIRO
Simplify your payment collections from your customers with eGIRO.
How is eGIRO useful to your business?
- You can use eGIRO to get your customers to setup GIRO arrangements within minutes instead of around 3 weeks with the current paper GIRO process.
- What does this mean to you:
- Improved liquidity: With setups completed within minutes as opposed to around 3 weeks currently, you can start collecting payments earlier. With Direct Debit Collection service available via Maybank2E, this means that you can also mitigate your reconciliation issues.
- Cost Savings: As eGIRO is fully digital, you can redeploy your resources from managing the paper GIRO process to growing your business.
- Business Continuity: In an age of business disruptions caused by pandemic restrictions, you can continue to operate seamlessly as the GIRO setups do not require manual intervention.
- Going Green: Both your customers and your business no longer need to print the GIRO form and business-reply envelopes.