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Payment and Collections Service


Banking solutions for corporate clients


FNB's Payments and Collections Services (PACS) is a fully automated Windows-based system for corporate clients who process high volumes of electronic funds transfers and collections. All you need is an FNB Corporate Cheque Account.

What this is


Automated system to transfer funds + make collections

Make payments

Ideal for salary payments



Make collections

Premium debit order functionality



Streamline resources

Align your administration resources and reduce banking costs



What you get


Optimise business resources + more


PACS offers you:

  • Recipient information and banking details that are validated before payments are made
  • A report on unsuccessful transactions that is sent directly to your PC
  • Capabilities that include premium collections, once-off payments, payments of salaries and regular creditor payment
  • A system that can maximise interest accruals by allowing the payment of salaries, wages and bills at the last possible date
  • Freed-up administration resources and reduced banking costs
  • 90-day warehousing facility and detailed audit trails of all transactions
  • Full interfacing with most Windows-based software packages (via an import facility)
  • The ability to use your own accounting packages and databases and download information into PACS in a standard Automatic Clearing Bureau (ACB) file format
  • Controlled access by means of User Identification Codes and Passwords
  • Encryption technology that is used when the file is transmitted to FNB
 

Getting it made easy


Payments and Collections Service

Qualifying criteria

If you own a business that processes high volumes of electronic transactions, you may well want to consider PACS. You'll need to have an FNB Corporate Cheque Account.

Contact our dedicated contact centre and we'll advise you accordingly.

How to get it

Call me back

Other ways to apply

Contact us

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