Commercial Cash Management
Cash Management
Treasury management, international trade finance, and other working capital solutions to help cash-flow.
As business horizons expand internationally life becomes more complicated. We apply our Cash Management specialist knowledge and experience to enhance your treasury strategy, structure and risk control to achieve your cash management objectives.
Managing the process of collections and payments is most important to any business. It impacts the company’s ability to manage cash flow and optimise growth. At Barclays, we have simplified and speeded up this process by putting our entire network to work for you. It is cost-effective, streamlined and effective; just the way you like your business to be.
Making or Receiving payments
- A range of ways to make and receive payments in the UK and overseas.
From same-day electronic payments to international cheque collection, Barclays Commercial Bank makes sending and receiving monies more efficient.
Botswana Payments
- Cash, cheque, EFT, RTGS and card payments.
Cash & Cheque Clearing
All cheques, Barclays and other banks, must go through the 'central clearing cycle'. This normally takes 4 working days.
However, you will know if a cheque has been paid no later than 6 working days after the day of deposit. Cheques cannot be debited from an account any later without the payee’s permission or unless there is a suspicion that a fraud has been committed.
EFT Payments
Faster Payments is an enhanced service for pula payments in the local environment. It offers customers the ability to send electronic, low value payments that will reach beneficiaries’ accounts the same day. There are two clearing sessions from Mon-Thursday; One on Friday and no clearing on Saturday.
Barclays Integrator
Barclays Integrator is an internet banking platform through which customers transmit their payment (Direct Credit) and collection (Direct Debit) files for clearing via the bank
Access is provided via a secure internet link that uses cryptographic technologies for a very high level of security.
You can monitor the status of payments, receive a wide range of reports electronically and maintain your own records - all online.
RTGS
RTGS offers customers the ability to send electronic high value transactions that will reach beneficiaries within a few minutes. RTGS payments are irrevocable, fast, secure and efficient. Funds are transferred same day. RTGS is a real-time gross settlement system.
Cards
Credit and debit cards are a convenient everyday payment method, which benefit from PIN and CSC security. Credit card payments can be guaranteed.
Your card statement also provides a record of spending, which could be useful for auditing purposes.
Have you considered a Barclaycard?
International Payments
Quick and secure options for making and collecting payments overseas through SWIFT
Outbound International Payments
A secure and fast means of sending funds abroad. Payments are made electronically with a bank-to-bank transfer through SWIFT. Suitable for both urgent and less time-critical payments.
Inbound International Payments
A fast and secure method of receiving funds from abroad. Payments are made electronically with a bank-to-bank transfer through SWIFT.
If you wish to receive funds in this way, you should ensure that the overseas payer has your full banking details. You should always provide the payer with your IBAN (International Bank Account Number) (where applicable) and Barclays SWIFTBIC (Bank Identifier Code), which is BARCBWGX.
International Drafts
A paper-based transfer of funds from Botswana to payees based abroad. It is convenient and flexible.
International Cheque Collection
A service whereby, subject to status, we send the cheque for collection to the paying bank and credit the payee upon confirmation of payment from the drawer's bank.
Existing Customers
Access electronic forms for Same Day Payments (EFT), Urgent Payments (RTGS) International Payments (SWIFT) on here.
