Payments & Cash Management

Payments and Collections

 

Payments are the backbone of any business in general as money will need to be transferred when products change owners and services are delivered. ING offers a wide range of payments and collections for your business in one or more countries.

 

SEPA payments

Payments within Europe have become increasingly easier and cheaper with the introduction of the Single Euro Payments Area (SEPA) on January 28th 2008. ING offers a large range of SEPA payments: single or multiple credit transfers can be done domestic or cross-border. SEPA direct debit will be available in the near future.

 

Domestic payments

For domestic transfers ING has local experts in 28 European countries. The domestic transfer can be a single or a multiple, urgent or non-urgent payment

 

Cross-Border Payments

A cross-border payment is a transaction to/from another country or in a foreign currency. Incoming and outgoing Single International Credit Transfers are part of the ING cross-border product range, as are the before mentioned cross-border SEPA payments.

 

Cheques

ING can process a variety of cheques: commercial cheques, bank cheques, computer cheques (NL and BE), travellers cheques, domestic or cross-border and European or from outside of Europe.

Benefits :

  • Due to ING’s frontrunner position regarding SEPA, customers will always have access to the most up to date information and products.
  • With an extensive footprint in Europe, ING’s knowledge regarding local policies, regulations and products will certainly benefit customers doing international business.
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