Deposits management

UNDP GSSC’s Deposit Management services provide secure and efficient processing of donor contributions, management of miscellaneous deposits, and the handling of one-time payment refunds. We ensure that all deposits, including donor contributions and OTP refunds, are handled with precision, transparency, and timeliness. 

Our centralized approach streamlines financial transactions, enhances accountability, and reduces the administrative burden for partner entities. In 2024, UNDP processed US$9.7+ Billion in deposits for UNDP and UN partners.

We provide:  

Management of donor contributions received on behalf of each UN entity.
Miscellaneous deposits.
Refunds from one-time payment transactions.
Timely and transparent refund processing.
Simplified reconciliation and reporting.
Reduced administrative burden for your finance teams.
Enhanced accountability and audit readiness.

 

UNDP’s commitment: 

✓ We are dedicated to continuous improvement, conducting regular process reviews, automating case workflows, and integrating feedback from partner entities. Our services are responsive, efficient, and adaptable to changing needs and contexts

✓ A culture of innovation, collaboration and a commitment to continuously improving our service standards defines our service delivery model.

✓ Centralized expertise and UNDP’s global presence ensure consistent service standards, robust controls and responsive support tailored to each agency’s needs.