CBX Key Features

CBX provides ‘Online’ and ‘Real time’ access to all your accounts backed by multiple service options ensuring a high degree of service efficiency for your day to day banking needs.

Key features:

• Single view across multi-company accounts
• Ability to view and download real time account statement in multiple formats.
• Enquiry of the status of all Cheques issued (single or multiple) with instant paid / unpaid status
• Request for Cheque books online and view of the request status
• Online stop payment of Cheques with instant status confirmation

CBX supports the entire gamut of ‘Payment Services’, ensuring a ‘One Stop Shop’ approach across the payments lifecycle from Initiation, Verification, Authorisation, Execution and Reconciliation. Our seamless payments execution model ensures superior level of speed and efficiency.

Key features:

• ‘Online’ and ‘Real time’ option (Single and Bulk) across all payment types
  
• Ability to ‘multi future value date’ payments in a single file backed by an ability to transact round the clock.
• Multi-authorization capability on all transactions in line with Company’s board resolution.
• Simplified screen interface with ‘Smart template option’ useful for repeat payments.
• Beneficiary mapping & validation ensures additional control through verification of beneficiary payment information with the master.
• Real time email advice to Beneficiaries on successful execution of each transaction

CBX provides a smart single interface for all your Tax requirements covering all Direct Taxes (Income Tax and TDS)/CBDT, GST, ESIC & EPFO. Over and above the various local and state level levies are also supported online.

CBX enables you to efficiently manage your employee’s salary & expenses by offering unique disbursement facilities.

Key features:

• Online, real-time payments with flexibility future value date payment files
• Ability to facilitate NEFT payments to employees with non-HDFC Bank accounts while payments to HDFC Bank accounts is through Funds transfer route.
• Payments are processed with single debits to your account thereby facilitating easy reconciliation while ensuring confidentiality
• Reverse confirmation available post execution provides transaction wise status updates while facilitating auto reconciliation
• SMS alerts is sent to respective employees once the payment has been effected

Security remains the cornerstone of the CBX platform

• Flexible, Secured and Scalable Platform CBX supports a highly interoperable architecture across enterprise applications.

• Access is only through 2 Factor Authentication using the Vasco token or ‘Mobile based Soft token

• CBX Supports an extensive security framework on the transaction execution front with following transaction level and business controls

• 128 bit SSL channel encrypted - All transaction data is digitally signed from the point of origination to settlements.

• Compliance to the best practices recommended by various regulatory authorities and Information Technology Act 2000. All transaction users are issued Soft or Vasco tokens by the bank along-with with the user specific login credentials

• Portability : The portability of e-token enables the user to use the token at any time and any place and can be accessed through any PC/ Mobile.