Over The Counter Collection Facility
Need to collect from your company’s payors? Find the UCPB offering that’s right for you:
Over-the-Counter Collection Facility (OTCCF)
payments from your subscribers, cardholders, planholders or customers may be settled through UCPB branches. All collections will be credited to your account, with vital information captured for easier management and reconciliation.
The UCPB Over-the-Counter Collection Facility (OTCCF) service allows you to:
- extend your reach by providing more payment centers to your subscribers through UCPB’s nationwide network of branches
- reduce the risk of loss through lesser cash handling
- extend your reach to your clients and allow them to remit their collections at the UCPB branch most convenient to them
- free up your accounting & finance staff from tedious daily management of collections
- improve fund management, as funds are immediately credited to your account upon remittance of collections
- streamline monitoring and reconciliation through extensive data capturing and consolidated collection reports
- have the option of customizing UCPB deposit slips to be filled up by your customers
- choose from fee-based or ADB-based arrangements
The UCPB OTCCF may be linked to UCPB’s online banking facility UCPB CM.Biz for real-time access to your accounts.