Our Value Proposition
- Regional and in-country cash management specialists across Asia Pacific providing local advisory and sharing best practices
- Access to high value and low value clearing systems
- Comprehensive network coverage to support your needs
- Over 32 offices in Asia ex-Japan complemented by alliances with local banks
- Over 400 SMBC branches in Japan
- Experience in emerging markets with new branches in Myanmar and the Philippines, and representative offices in Cambodia and Mongolia
- Ability to support statutory, tax, custom, utilities and payroll payments
Our Products & Services
DELIVERY CHANNEL SERVICES
SMBC's delivery channel services offer you visibility and control. You can send payments and receive information reporting securely through SMAR&TS, Host-to-Host Service and SWIFT for Corporates.
Online Banking and Information Reporting
Perform banking transactions conveniently from any location through SMAR&TS - SMBC’s corporate online banking portal. Through SMAR&TS, you will be able to manage your cash and make real-time business decisions seamlessly and securely from virtually any location.
Host-to-Host Service
Leverage our Host-to-Host Service to connect seamlessly to SMBC from your Enterprise Resource Planning system within a secure environment.
SWIFT for Corporates
Enables you to send payment instructions (via FIN and FileAct) and receive bank reports from SMBC.
SMBC is the first bank headquartered in Asia to attain SWIFT Bank Readiness Certification across Asia Pacific. We are also a member of CGI (Common Global Implementation) which sets and defines the XML file messaging standards.
Contacts
PAYMENT SERVICES
Initiate single or bulk payments through our suite of delivery channels. As a member of an extensive domestic and cross-border clearing network, SMBC is able to route your payment obligations in a cost effective, timely and convenient manner.
Cross-border Payments/ Telegraphic Transfer
High-value foreign currency payments to beneficiaries globally.
Domestic Payments
We can support your business for both
- High-value and time-sensitive local currency payments
- Low-value and voluminous payments (eg. vendor payments, staff payroll)
Cheque Printing Service
Print your cheques in an easy and convenient manner using SMBC’s Onsite Cheque Printing Service. This service allows you to print the cheques at your office, keep records of all the printed cheques as well as monitor the status of each cheque – whether it has been presented and cleared by the Clearing House.
Alternatively, you can outsource the cheque issuance to SMBC and free up valuable company resources to focus on your core business.
Other Valued Services
In countries where domestic withholding taxes are imposed on local payments, you may outsource the preparation of withholding tax certificates to SMBC.
Additionally, you may request SMBC to send payment advices to your beneficiaries through e-mail.
COLLECTION SERVICES
Reduce the hassle of collecting funds from your business partners by using our wide range of collection services. In addition to being a direct clearing member of the local clearing systems, SMBC is connected to an extensive clearing network through our alliance banking partners. We will be able to support your collection requirements regardless of how your business partner chooses to pay you.
Electronic Funds Transfers
You can receive both foreign currency and local currency payments through SMBC’s cross- border and local clearing network.
Direct Debit
With our direct debit service, you will be able to initiate collection of funds electronically. This is especially useful when you have recurring customer payments.
Over-the-counter Deposits
Leveraging SMBC’s branches complemented by our alliance banking partners’ wide branch network, you can visit a local branch conveniently located near you to make a deposit into your account with SMBC.
Virtual Account Services
SMBC’s virtual account service allows you to manage large volume of receivables through easy identification and reconciliation of payments from your payers. Unique virtual account numbers assigned by you to your payers will be captured and printed in your account statements.
LIQUIDITY MANAGEMENT
Our liquidity management solutions addresses your company needs to improve account visibility, control, and maximise liquidity, taking into consideration the diverse regulatory framework across Asia.
Cash Concentration
Cash Concentration optimises your group cash balances by moving funds ("physical sweep") automatically to a header account. You may choose between zero balance or desired target balance on each of your member accounts. With Cash Concentration, you will be able to earn higher yields by investing the excess liquidity, and reduce interest expense by offsetting debit and credit balances.
Reports are available through SMAR&TS to track your account balances and intercompany loans.
Notional Pooling
Notional Pooling optimises your group cash balances by notionally offsetting debit and credit positions, in order to earn higher yields and reduce interest costs. There is no physical movement of funds, thus preserving the autonomy of each of your member accounts.
Reports are also available through SMAR&TS to track your Notional Pooling interest allocation.
TREASURY MANAGEMENT
SMAR&TS Treasury
Our propriety Treasury management system is a multi-bank platform which provides a complete overview of all your banking transactions and balances with SMBC and other banks.
Through SMAR&TS Treasury, you can also generate cash flow forecast reports and easy-to-use charts and graphs. Based on the data and forecast generated, SMAR&TS Treasury supports timely and optimal strategic planning as well as streamlining of your company's treasury operations.