Introduction Retail banking versus Corporate banking Customers in Corporate banking Special Corporate Accounts Benefits of Corporate banking

3.  Corporate Banking refers to the Financial Services
provided by banks to various Corporate customer for
meeting their banking and financial needs. Generally,
the corporates require banking facilities and accounts
to carry on their business.
 Under Corporate Banking the corporate customers
are identified as Large and Mid corporates.Companies
having annual sales turnover of over Rs. 500 crore are
classified as Large Corporate and those having annual
sales turnover between Rs 100 crore to 500 crore are
classified as Mid Corporate.

4. REATIL BANKING
 Retail banking refers to the
division of a bank that
deals directly with retail
customers.Also known as
consumer banking or
personal banking.
CORPORATE BANKING
 Corporate banking, also
known as business banking
refers to the aspect of
banking that deals with
corporate customers.

5.  COMPANIES
 Private
 Public
 Government
 PARTNERSHIP FIRMS
 LLP
 Registered firms
 REGISTEREDTRUSTS
 REGISTERED SOCIETIES
 GOVERNMENT
 Government departments
 Statutory bodies

6.  SALARY ACCOUNTS
 POOL ACCOUNTS
 VENDOR ACCOUNTS
 ESCROW ACCOUNTS

7.  Salary Accounts
 A very popular and commonly used Corporate
special accounts are Salary accounts. Salary
accounts are used by Corporates to Pay the
Salaries, credit the reimbursements and
expenses, pay bonuses , settlements etc., to its
employees.
 Pool Accounts
 These accounts are maintained by Corporates to
pool their collections from various external
remittances.These may be specific instance,
single use, limited period or a regular account.

8.  Vendor Accounts
 These accounts are maintained by Corporates
for theVendors to make or Get payments to
or from corporate.These are typically popular
and useful in cases where theVendors enjoy a
credit period by the corporate and the
corporate in turn enjoys a credit limit with the
bank.

9.  Escrow Accounts
 An Escrow is a temporary holding facility offered by a trusted 3rd
party while a transaction is going on between 2 parties - the buyer
and seller. An Escrow Account, hence, is a temporary account
where the buyer places the funds that he/she is using to purchase
some goods or services from the seller.
 The funds from this Escrow account are transferred to the seller
only after the transaction is completed and all conditions set forth
by the buyer and seller are completed.The buyer can ensure that
all the conditions are met as per the terms set and then instruct
the Bank to release the funds.The ownership of the purchase
goods is transferred to the buyer only after the seller receives the
funds from the escrow.

11.  Having a corporate banking account has a lot of benefits. As your
company grows, it is helpful to have different corporate finance
accounts for different purposes, including ones for reserves and
other savings. Should another financial crisis occur, and cash flows
become tight, you want to have a reserve available to continue to
be able to conduct business.
 Another perk of having a corporate banking account is the access
to professional bankers that can help you with any aspect of
finances in regard to your company. This could be help with cash
management, accounts payable and receivable, conducting
international transactions, and more. Also, corporate bankers can
help you make sure that your liquid accounts stay safe, so that you
can always be ready to conduct business as needed.