Financial Institutions Services
FI & Cash Management is the support function of Corporate / Investment Banking & Treasury. In FI, we maintain relationships with all Financial Institutions around the globe. Our main functions are:
- Treasury Lines initiation
- Nostro / Vostro Accounts relationships
- Trade support in routing L/Cs
- Country / Bank Lines initiation and management
- Inland Banking Arrangements
Cash Management Services
In recent years, Cash Management has gained importance to become a focal point of attention for Corporate. The ongoing economic instability in Pakistan has also heightened the need for greater risk management and controls. Summit Bank Ltd. (SMBL) has accepted the challenge to provide its customers with Cash Management solution which allows them to better predict and manage their cash flows, thereby also allowing them to focus on their core business.
SMBL is endeavouring to bring new and improved products to its customers that provide them with optimal solutions in the most effective and efficient manner.SMBL’s focus is to serve its corporate clients by pursuing efficiency with growth and profitability. Out primary focus is on efficient management of customers’cash flows along with the financial products designed to fit every client’s specific needs.
Cash management is the Department where we not only provide the total reconciliation of the customer’s transaction but also provide the support in any level required to maintain or increase the liquidity in our Bank. Cash management is the process of Pay–In and Pay–Out from the account.