Virtual Accounts

The Montran platform will work with your existing Bankers, no need to migrate to a new bank thus avoiding a costly, disruptive and lengthy migration. New banks can also be added at any time.

Connects to many banks simultaneously, utilizing existing banking infrastructure, including Secure File Transfer, APIs, PSD2 or proprietary links. Montran will maintain this connectivity on your behalf. This removes the initial and ongoing cost of bespoke integration.

Allows any organization to centralize their payments and collections operations Regionally or Globally. All accounts are now operated and maintained on one system centrally with secure connection to each of your banks.

The Montran platform allows you to begin a program of bank account rationalization. This enables you to move towards the fewest number of bank accounts to suit your local and global operations.

Real-time reconciliation and automatic funds allocation to the correct divisional, departmental or client account with strict segregation of funds in pooled or omnibus accounts.

You cannot manage what you cannot see. Once the VAM platform is deployed, full visibility and control are at your fingertips. Including Cash Concentration, Sweeping, Pooling, Target and Zero balancing as well as detailed forecasting.

Global real-time visibility of all FX positions. Currencies pooled for optimization.  

Full VIBAN support including 2-way VIBANS.

Bank Account Number Portability. Retain existing Bank Account Numbers when moving to Virtual Accounts.

Use debit cards on Virtual Accounts.

Full suite of dashboards are provided and are configured uniquely for each job function.