eCollect

eCOLLECT is PNB’s product offering to corporate customers with local outsourcing collection requirements via bills payment. This receivables solution currently enables the Bank to accept low-value, high-volume peso and dollar currency payments from customers through its extensive branch network and electronic channels.

Pertinent details of payments are captured and consolidated in Daily Abstract Report and/or an Output file that are electronically made available to the Billers on the next banking day. Reports may be customized depending on the requirements of the Biller vis-à-vis the collection details that may be captured by PNB’s eCOLLECT system.

How It Works

Features

Multiple Collection Channels

• Over-the-Counter (OTC)
• Electronic Channels
  • Superteller ATMs
  • Internet Banking Service (IBS)
  • Phone Banking Service (PBS)
  • Mobile Banking Service (MBS)

Online Reports via C@shnet

Customized Collection Reports may be auto-emailed to biller’s designated recipients

Benefits

• Facilitate and enhance collection capability and reach, particularly in remote locations where PNB is present
• Faster good funds availability and ease in reconciliation processes
• Convenient account monitoring of the designated concentration account on collections via Corporate Internet Banking
• Receivables information captured and delivered electronically into consolidated reports and data files across all channels availed

Customizable Reports and Data Files for upload to enhance A/R Information Management and improve sharing of collection details among local offices/branches