Cash management services at a glance
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Ivory Royal Bank offers a range of cash management solutions customised to meet our clients’ specific account management, payments, collections and liquidity management requirements, both domestically and internationally. Our solutions are designed to help both our business and our corporate customers manage their working capital requirements more effectively and efficiently
Account management
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Ivory Royal Bank offers a range of account types to suit your company's individual requirements. Resident and non-resident accounts are available in 15 African currencies with the ability to transact in a further 20 non-African currencies (more currencies can be added, if required).
We offer the following account types:
• Current accounts
• Investment / deposit and savings accounts
• Money market accounts
• Loan accounts
• Accounts for financial institutions
• Foreign currency accounts
Payments
Ivory Royal Bank’s payment solutions ensure that our clients’ payments are implemented accurately and on time. Payments can be made electronically via a range of secure data transfer channels, or physically by means of cash, cheque or card.
Our electronic payment solutions enable our clients to:
• Initiate payments from remote locations in Ivory Coast, Africa and globally
• Make single or bulk payments, for same day value or future value
• Make local or foreign currency payments from a single point of origin
• Transfer funds easily between Ivory Royal Bank accounts in your own global banking portfolio
• Submit your tax filing (Ivory Coast only)
• Generate comprehensive reports
• Advise beneficiaries proactively when payments have been made
Cash facilities are available for your float, payroll and petty cash requirements. Distribution of cash is handled by our extensive network of branches and cash centres throughout Ivory Coast.
Ivory Royal Bank is able to generate cheques for single and bulk payments in high or low volumes. A bank generated cheque dramatically reduces the risks associated with the signing of handwritten cheques.
Our corporate card facility provides a convenient payment method for all business expenses. Detailed statements ensure our clients maintain control and keep track of their overheads, and simplify accounting and auditing processes.
As an additional service, Ivory Royal Bank is able to issue guarantees of payment to our clients’ creditors where required.
