Payment Factory

The process to harmonise European payment transactions is making rapid progress following the introduction of the Single European Payments Area (SEPA). However, in practice many companies still use stand-alone systems to run the different payment methods with their country-specific formats. This makes it difficult to achieve a high degree of automation. Dresdner Bank's Payment Factory counteracts this by linking up to all international bank accounts of your company using one channel. As a result, you can generate all payment instructions in standard international formats. This applies to bulk and high priority payments as well as direct debits.

Dresdner Payment Service

The Dresdner Bank network provides you with access to local and pan-European clearing systems. We will arrange all bulk and high priority payments on your behalf, locally or at cross-border level. Dresdner Payment Service enables you to manage all your payment transactions on a centralised basis.

Dresdner Direct Debit Service

With the Dresdner Direct Debit Service, direct debits can be collected in selected countries in favour of accounts held in these countries. All you need to do is send your direct debit instructions to us and we will handle the processing. We will provide all the necessary entry information promptly and in a well structured format. This also applies for return debits.

Dresdner International Cash Collection

Problems arise frequently when allocating incoming payments to transactions. This is usually the case when the indicated purpose information does not provide for a clear allocation. Dresdner International Cash Collection solves this problem by using virtual account numbers as unique settlement features, facilitating a match rate of almost 100 per cent.