Professional Documents
Culture Documents
MANAGEMENT
SERVICE
WHAT IS CMS ..?
Collection services
Payment service
Pricing
• Local cheque clearing - The process is same but bank adds value
to the service as instead of bringing cheques to the bank , they
offer pick up services from the customers premises.
By CMS , the bank offer to relieve their Business Clients of the entire
payment making work, both local or upcountry.
The various payment payment services that banks give under CMS are:
Bulk Payorders & Demand Drafts : The Bulk Payoreder & DDs request
can be given to bank’s CMS HUB directly or through branch. The HUB
will arrange the bulk printing nearest to the customer’s premises and
then deliver it to it.
Banker’s role in the process: Dealing with the escrow account, collecting
cheques & DDs from bidding members on the same day, security of Bid
Forms Received, preparation of banking schedule, handing over BAF to
Schedule Registrar, cleaning of cheques, final certificate to registrar.
• How long does it take to start with the CMS from Axis Bank?
• After the receipt of complete documentation it takes only 2-3 working
days to begin with Cash Management Services.
• How long does it take to start with the CMS from Axis Bank?
• After the receipt of complete documentation it takes only 2-3 working
days to begin with Cash Management Services.
STEP 2
HOW TO LOCATE CMS CENTERS
Of
AXIS BANK
STEP 3
HOW TO LOCATE CMS CENTERS
Of
AXIS BANK
STEP 5
STEP 6
STEP 7
RESULT
STEP 4
“CMS business adds a lot of
value to the customers and
the bank. At the same time it
is a very complex
operation.”
REFERENCES
• www.axisbank.com >> FAQs, Locating CMS
Centers
• M. N. Gopinath >> CMS Definition & Basic
Concepts
• Axis Banking Awareness >> Banks CMS services &
Training Manual their features
• www.google.co.in >> images & awareness
content