With our comprehensive suite of payment services, you can automate your processes, streamline information flows and reduce the burden on your accounts payable team. JS Connect provides you a single window for initiating, tracking, reconciling and managing both your paper-based and electronic payments in a convenient and secure manner through our online payments portal. Our products include a wide array of electronic and paper-based payment mechanisms:
- Cheque Outsourcing Services
- Internal Funds Transfer
- Interbank Funds Transfer
- RTGS Payments
- Payroll Services
Cheque Outsourcing Services
Our Cheque Outsourcing Service is a complete cheque payment management service that enables you to outsource to JS Bank the production and printing as well as dispatching of your cheques to the desired recipients. The service allows you to focus on your core business activities by freeing you of the manual processes.
Simply upload and authorize your payment instructions online, and your company can get rid of the hassles of issuing cheques manually and avoid potential human errors.
By using JS Connect for processing cheques and other relevant operations, you can hand over the work of dispatching cheques, invoices enquiries and account reconciliations to our professional service, putting more administrative ease and operating efficiency on your side.
Internal Fund Transfer
With our Internal Funds Transfer (IFT) service you can move your funds electronically from one account to another within JS Bank from the convenience of your desk. You can not only manage your own accounts but can also make payments to your vendors and suppliers who maintain accounts with JS Bank. No more written instructions to your bank!
Interbank Fund Transfer
JS Connect’s Interbank Funds Transfer (IBFT) service delivers timely and efficient interbank fund transfers. This service is suitable for businesses who wish to make payments fast and efficiently to their vendors and suppliers who maintain accounts with other banks. IBFT is used for low value transactions.
Real Time Gross Settlement Systems
JS Connect’s RTGS service allows businesses to transfer high-value funds from one bank to another by sending online instructions to the bank.
You can process payroll from the convenience of your office. Just log on to JS Connect to upload and authorize your payroll file and with the click of a button your payment instructions will be processed efficiently.