Straight2Bank

Perform a wide range of domestic and cross-border payments across multiple geographies with integrated access to Standard Chartered’s suite of payment services.

Payment capabilities include:

• International Transfers in a wide range of payment currencies supporting CASH, TOM and SPOT
• Domestic Transfer (Book Transfer, Direct Credit and RTGS Payments)
• Corporate Cheque and Local Bank Cheque (Cashier’s Order)

Achieve greater efficiency in payments processing by:

• Extensive file mapping and upload capabilities for payments
• Built-in validations (for regulatory requirements and mandatory fields)
• Built in multi-tiered authorisation matrix for payment authorisation
• Segregation of user access and control

Enjoy all these benefits:

• Improved cash-flow management
• Fast payment settlement cycle
• Greater transparency and control over payroll management processes
• Increased predictability and certainty of payroll payments
• Email advice service for payment beneficiaries
• Ability to make payments 24 hours a day

Ease your payroll processing needs with a bulk debit feature that also ensures complete confidentiality of all sensitive payroll transactions.

• Extensive file mapping and upload capabilities for recurring payroll transactions
• Built in multi-tiered authorisation matrix for payroll authorisation
• Segregation of user access and control
• Batching and bulk debit of payroll transactions

Enjoy all these benefits:

• Improved cash-flow management
• Fast payment settlement cycle
• Greater transparency and control over payment management processes
• Increased predictability and certainty of payments
• Email advice service for payment beneficiaries

Get the benefits of a wide range of documentary trade transaction initiation and reporting tools. Your online trade transactions will also be processed quickly and accurately.

Achieve more efficiency in trade processing through;

• Initiate trade transactions 24 hours a day
• Pre-defined templates
• Extensive clause library
• Built in multi-tiered authorisation matrix for trade authorisation
• Ability to copy existing letters of credit thereby minimising time and cost

Do all of this online:

• Create new applications from existing transactions or templates
• View full details once documents have been presented under a Letter of Credit
• View and accept discrepancies
• Automatic status updates once transaction is processed
• Receive electronic copies of bank advice slips
• Email alerts triggered at the time of key activity

Optimise working capital with end-to-end visibility on all cash and trade transactions.

Enjoy all of these benefits:

• Customisable intra-day reports across payments, trade and accounts (loan, deposit, and operating)
• Real-time event-based alerts
• Convenient formats for download (SWIFT, PDF, CSV)
• User defined alerts by setting your preferences, filters, sort criteria, data format and delivery mechanisms