, Indonesia
205 view s
Photo courtesy of Eduardo Soares (Unsplash).

Deutsche Bank installs deposit machines at Toyota financing branches in Indonesia

The machines will transmit real-time data to the company.

Deutsche Bank is installing cash deposit machines at multi-purpose car-financing company PT Toyota Astra Financial Services (TAF) branches across Indonesia.

TAF is a joint venture between Toyota Financial Services( TFS) and automotive group Astra International.
 
The cash deposit machines will reportedly transmit real-time payment data to TAF, streamlining the highly manual collection process and improving cash flow forecasting, according to a joint announcement.

“This service is a win-win, enhancing the payment experience for customers while allowing corporates to operate more efficiently through automation and straight-through processing,” said Vonty Hermawati, head of Corporate Cash Management for Indonesia at Deutsche Bank.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!