Dhanalakshmi bank Dhanlaxmi Bank's Cash Management Services (CMS) create significant value for corporate customers through speedy collection of cheques, demand drafts and pay orders from various locations. For the efficient management of cash flow to reduce risk, minimize cost and maximize profit, Dhanam CMS encompasses integrated collection, payments, liquidity and receivables management. Our product range under the Dhanam CMS umbrella ensures speed, accuracy, and efficiency. Local Collection (DLCC) Dhanam Local Collection simplifies the process of collecting payments. Instead of sending cheques to the customer, dealers can deposit them at our branches. Since there is no need to open an account at these branches, the proceeds of the cheques would be credited to the customer's designated account maintained at our branch upon realization (Clear Credit). Upcountry Collection (DUCC) Out Station Collections are ideal when the customer is already in receipt of cheques from his dealers. The proceeds of these cheques can be credited to his account with the flexibility of Clear Credit and Guaranteed Credit. Guaranteed Credit gives credit in accordance with the agreement with the customer i.e. on Day 0, Day 0+1, Day 0+2 etc.
