Virtual Account (VA)

With VA number, you can identify the source of each collection, reducing the amount of unidentified proceeds.

The bank statement will have a VA reference number to help you reconcile faster. Reports can be generated and fed into the ERP system.

VA consolidates collections and immediately reflect them in your company's main account. This gives you better cash flow and visibility, and helps you manage funds more efficiently.

Your customers can make payments from any CIMB branch nationwide, and perform online transfers to you from any bank.

With VA, you can reduce time, money and resources spent on manually monitoring your accounts and cash flow.