DIGITAL WORKING CAPITAL FOR BUSINESSES ON THE D I G I T A L W O R K I N G C A P I T A L

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1 DIGITAL WORKING CAPITAL FOR BUSINESSES ON THE D I G I T A L W O R K I N G C A P I T A L

2 DIGITAL WORKING CAPITAL FOR BUSINESSES In today's fast paced, globalised business environment, decision makers need to persistently be on top of their game. Such a competitive landscape makes it necessary for CFO's, Owners, Promoters, Directors & Finance Heads to be available to their teams even when travelling, or out of office. Keeping this as our focus, YES BANK has created YES TRANSACT ON THE GO, a unique application that will enable decision makers to receive and approve transactions even when they are on the move real time & fully secured! With YES TRANSACT ON THE GO, we are pioneering a paperless way of transaction banking that will usher in an era of seamless business processes and operational excellence. Businesses can now enjoy the convenience of transaction settlements via a secure desktop and mobile based application with approvals given anytime, anywhere. In a world that is increasingly borderless and time is indeed money, I am proud to present a product that will move as fast as your organization and contribute to its healthy growth. Sincerely, Rana Kapoor Managing Director & CEO,

3 Traditional way of Processing Payments Payment requests prepared manually by the Accounts Team Authorized signatory receives request only when in office Approved payment request sent to the Bank physically/via C H A L L E N G E C H A L L E N G E C H A L L E N G E Manual processing consumes time and manpower Unavailability of key authorizers in office delays approvals Risk of security & forging of signatures Authorized Signatory unaware of transaction & balance status Accounts Team manually reconciles the transactions & balances Bank processes payment request C H A L L E N G E C H A L L E N G E C H A L L E N G E Snapshot of account balance unavailable Manual tracking & reconciliation prone to errors Real time status updates & confirmations unavailable

4 Digital Working Capital for Businesses Introducing ON THE D I G I T A L W O R K I N G C A P I T A L Accounts Team scans and uploads the documents on the Desktop app Need for manual processing of paperwork eliminated Transaction request is securely transmitted to the authorized signatory's mobile app Authorized signatory can access transaction requests anytime, anywhere Transaction status updated in real time on both desktop and mobile app Approved request sent to the Bank & processed using the opted mode of transaction Time consuming and labour intensive reconciliation eliminated Authenticated audit trail available Secure channel protects from spoofing and/or forged signatures Flexibility in payment methods

5 Salient Features 1. Secure sharing of documents for General & Trade Banking requests 2. Invoices/ Payment requests can be uploaded directly on desktop app 3. Single user initiation supported by Maker - Checker module 4. Authorization via mobile app with device binding facility 5. Multi-factor authentication - login i.d, password, SMS OTP 6. Bulk payments via NEFT, RTGS, Account to Account transfer 7. Faster lead times with solid audit trails

6 Digital Working Capital for Businesses FAQs 1. Is this channel secure? YES TRANSACT ON THE GO solution is a secure, encrypted channel with maker checker facility to ensure safety and authenticity of all your transactions. 2. Can I make payments only to YES BANK accounts? Transactions are not restricted to only YES BANK accounts. You have flexibility to make payments to other accounts using the opted mode of transaction. 3. How do I submit documents required for approval? You can easily scan and upload documents while raising a payment request. The approver can view these on either the mobile or desktop app before authorizing. 4. What is the average duration of YES TRANSACT ON THE GO first time installation? The average time for YES TRANSACT ON THE GO app integration is 5 working days post completion of all documentation. 5. Is there a limit to the quantum of transactions that can be approved? No. Currently, there is no limit on the quantum of transactions that can be approved; however limits can be customized as per your request. 6. What is the average transaction processing time after integration? Average time for processing transactions through the app is only 2 hours post approval, after being accepted by the Bank. 7. What are the costs involved in integrating with YES TRANSACT ON THE GO? There is an Annual Maintenance Contract (AMC) license cost of Rs 250 per user i.d.

7 Conclusion Mobile Banking for your business ON THE GO The perfect opportunity to - Accelerate Scale Secure Contact: Asit Oberoi Group President & Global Head Transaction Banking, YES BANK asit.oberoi@yesbank.in To know more, us at yestransact@yesbank.in Corporate Of ce: YES BANK Tower, IFC 2, 27th Floor, Senapati Bapat Marg, Elphinstone (W), Mumbai , India.