School Fee Collection
Transactional Banking has introduced a School fee collection mechanism through which parents / students of any educational institutes can deposit fees directly at any NIB Branch in Pakistan.
The objective is to facilitate organizations with multiple collection points in gathering Cash / Funds and making them available in the customer operating account.
Fees can also be deposited through any Alternate Distribution channel as well like ATM or call center.
This is accomplished with minimal supervision by the customer, supported by an automated system to provide timely and requisite MIS / reconciliation under agreed service levels. We deliver cutting edge solutions through our dedicated cash management products that help you optimize the management of your funds.
Benefits of the collection services
- Parents / Students can visit any nearest NIB branch across Pakistan at their convenience to deposit school fee.
- Daily e-statement illustrating amount of school fee collection will be delivered to doorstep, everyday.
- A customized MIS can be developed to suit requirements for auto reconciliation.