Cost Saving tip #1: Don’t make cheque payments
Cheques aren’t the safest or cheapest way to make payments. Cheques have a seven to ten-day clearance period, unless a customer requests and pays for special clearance. Switch to electronic banking. Not only does it reduce your risk of fraud, it also saves you time and money. Our self-service banking channels include AutoBank, Internet Banking, Online Banking for Business and Business Online, and they’re available round-the-clock, seven days a week. These self-service channels are there to help you manage your business better by transacting at any time you like.
Cost Saving tip #2: Register on our online platforms
Online Banking for Business
Internet banking has evolved its range of features to cater for the needs of businesses. Online Banking for Business offers simple solutions that enable you to do your banking on the go. You will now have the ability to assign banking tasks to key individuals, whilst maintaining transparency and control of your business accounts. This solution offers you the ability to manage permissions on accounts and approve transactions, anytime, anywhere.
Business Online provides advanced and secure electronic banking for businesses that need to design payment workflows and controls to suit their needs. It offers a full solution set of payments and collections, including urgent payment options. Additional single sign-on features include third party fund administration, liquidity or cash management and trade services. Business Online also offers International banking services that allow you to transact in multiple currencies.
Cost Saving tip #3: Join BizConnect
BizConnect is Standard Bank’s online business portal. Here, you can get practical advice and tools that will help you grow your business faster. BizConnect will also keep you updated on the latest news, trends, statistics and solutions for the general business sector, as well as sectors such as finance, agriculture and franchising, at no extra cost. Visit www.standardbank.co.za/bizconnect and add your name to the mailing list.
Cost Saving tip #4: Our specialists are here to help
As a Business Banking customer, you get access to specialist bankers in fields such as agriculture, franchising, enterprise development, asset finance, debtor finance, wealth and more. These experts will draw from all the different Standard Bank Group products to put together a solution that will fit your own unique business needs. Your Relationship Manager will put you in contact with your local specialists.
Cost Saving tip #5: Streamline your cross-border operations
We understand the complexity, risk and obstacles associated with international markets. To make cross-border business operations easier for you, we have developed a range of flexible products and services. Our experienced consultants in the international business sector are here to give you advice on foreign exchange issues and to put together deals for you that will fit your unique business needs. We have a network of offshore branches, subsidiaries and representative offices. We also have strong relationships with major correspondent banks across the globe. We will take care of international business affairs safely and effectively. Our Global Foreign Exchange Division also has an expert foreign exchange dealing operation to help you with international money and capital transfers.