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Account Services
 
Collection Accounts
 
    		• Offered at all ING locations
    		• Facilitates a local account for collections
    		• Transfer of funds at a fixed periodicity based on standing instructions
    		• Offered as a non-check facility
     
    		Concentration Accounts
     
    		• Account opened by corporates to consolidate their collections from various accounts / channels
    		• Provides a holistic view of pan India transactions
    		• Account can be accessed through Internet
    		• Provides linkages to branch accounts of the corporates
     
    		Zero Balance Account
     
    		• Cost-effective funds management tool
    		• Can be used either for payments or collections exclusively
    		• Automatic sweep of collections and / or payments to a Concentration Account by day-end
    		• Intra-day limits set-up for payments
    		• Account status also provided to outstation branch offices of corporates
     
     
    ING Vysya Bank Limited
    		- Last updated 20/10/2008
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