Payment Collection Service
The Co-operative Bank offers a comprehensive Payment Collection Service to help large organisations, such as Local Authorities, Housing Associations and Credit Unions, handle their cash payments more efficiently.
This unique service provides complete transparency with respect to transaction limits, clearance timescales and transaction pricing, as well as enabling payments to be accepted at over 32,000 Post Office and Paypoint outlets across the UK. This innovative service also has bespoke elements, such as the multi-scheme payment card, which allows a customer to pay for up to five different services using the same card.
The Payment Collection Service offers:
- fully automated and cost-effective payment collection
- an efficient reconciliation process
- the capability to collect Direct Debits
- a comprehensive card design, production and fufilment facility
- bespoke elements to meet your individual requirements.
For further information about our Payment Collection Service, please contact your Relationship Manager. Alternatively, call Stuart Thomas on 0161 829 4008 or email stuart.thomas@cfs.coop or Mike Beisty on 0161 829 4160 or email mike.beisty@cfs.coop.
