PBCom is proud to introduce the PBCom Checkwriting Facility. This facility, intended for corporate clients, is designed to revolutionize how checks are prepared and released. Since it is run in an automated environment, the facility not only eliminates the tedious task of manual check preparation and disbursement, but also takes care of recording, monitoring, reconciliation, and reporting. This, in effect, saves the client time thus, increasing employee productivity and improving operational efficiency. With this cash management solution, clients have the following three options to choose from: 1) Allow the Bank to handle actual printing of checks; 2) Allow the Bank to handle actual printing and release of checks; and 3) Handle the printing and release of checks on their own. How does it work? A Check Data Entry Program will be installed in the client’s office to facilitate encoding of check details. For clients who choose to handle the printing of checks on their own, a Check Printing Program will be installed in their office. How will the monitoring and reconciliation be done? Checks used will be in continuous form and individually “crossed”. Each check has a voucher attached. Client will be provided with regular reports on checks issued, cancelled, claimed/unclaimed, negotiated and used/unused. THE PBCOM CHECKWRITING FACILITY PROVIDES CONVENIENCE, EFFICIENCY & FLEXIBILITY AMONG ITS OTHER BENEFITS. Would you rather be stuck with how your company manually prepares, processes and releases checks or consider channeling your resources to more profit-generating activities?       Another new service offering of PBCom is the PDC(Post-Dated Checks) Warehousing Facility, a facility that safekeeps, monitors and automatically posts PDCs to client’s account upon their maturity. How does it work? The first step requires the client to enroll their PBCom accounts where the checks will be deposited. The client will then entrust to his branch of account his/her post-dated checks for warehousing and regular monitoring. Upon maturity, PBCom will automatically deposit the check/s to the account/s enrolled by the client. How will the client monitor these transactions made by PBCom? Clients can monitor PDCs posted to their account through their passbook or monthly statements, or by requesting a snapshot statement from their branch. A validated copy of deposit slip will be provided to clients. So, if you want to liberate yourself from the hassle of monitoring those checks issued to you and frequently visiting your branch to deposit those checks, then this facility is just what you need.       A special arrangement wherein the Bank sends an armored or non-armored vehicle to the client's office or commercial establishment to pick-up deposits.  No need for clients to go to the Bank to deposit their funds.  No specific fees or charges will be collected from client depositors, provided that they maintain the required ADB.           Tell me more about your products!