Cash Management

FCMB provides products and services to help you manage your working capital more efficiently and integrate seamlessly with your supply chain whilst generating above average return. Our payment service entails efficient processing of all your payables to suppliers in the most cost effective manner possible. On offer is a fully automated payroll service, which ensures that staff is paid at the click of a button. All these of course will help minimize your cost as well as facilitate reconciliation at minimal effort.

Through our collection services, we ensure that funds are received promptly to reduce either your cost of funds and/or enhance interest earned on such funds. FCMB leverages on its extensive branch network nationwide, local knowledge as well as strategic alliances with key local financial institutions to design and deploy a collection solution most appropriate for your need. An example of such is the effective deployment by FCMB of a web based solution designed for automating the administrative, collection and payment systems in tertiary institutions. Some of our partnering institutions have reported phenomenal growth in their revenues and blockage of all leakages since the deployment of “Edlink-Portal”.

We partner with our clients in overcoming the challenge of maximizing returns on funds while remaining liquid. Our solutions are user specific and supported by a system, which offers access to information relating to all customer's activities with the bank.