The bank offers automated banking solutions to stock/commodity brokers through its corporate net-banking software, ENet™.
How ENet™ will be useful for stock/commodity brokers:
Fund transfers
Pay-in of funds & ABC confirmations: From your office, funds can be transferred from client A/c to settlement A/c instantly for meeting the exchange deadlines without sending any instruction/cheque to the bank. Similarly, for confirmation of additional capital to the exchange, funds can be transferred immediately to your Settlement A/c using ENet™, thereby completing the confirmation process in very little time and getting benefit of exposure.
Pay-out of funds & client payments On receipt of pay-out from the exchange in your settlement A/c, ENet™ will allow you to transfer funds to your client A/c for making payments to your customers having account with any of the HDFC Bank branches on one-to-one basis or bulk-upload basis without issuing cheques.
Salary Upload
If your salary accounts are with HDFC Bank, then you can make salary payments to your employees merely by uploading a file through the CMS - disbursement module. There is no need for a letter and a floppy to be given to the branch, thus saving a lot of time at your end.
