Through LBC’s partnership with commercial banks, we offer Cash Management Solutions to fit your money movement needs through our Remit to Account Service:
CASH COLLECTION
Our Remit to Account Service can be your collection facility that arranges the transfer of payment from your customers to your nominated bank account. Through LBC’s partnership with commercial banks, funds are credited on the same day (or the next day if done after bank cut-off) to your account.
CASH DISBURSEMENT
With the Remit to Account Service, it allows you to credit funds to a payee’s account on the same day. We can handle salaries, allowances, and other receivables to a specific bank account.