Cheque Truncation System
Digitize how cheques are processed, cleared, and settled with our ICCS-compliant Cheque Truncation System (CTS). Fast-track cheque processing in a paperless environment. Ensure better cheque reconciliation, fraud prevention, and overhead reduction for physical cheque clearing. Additionally, enhance customer service and boost operational efficiency.
Multi-channel Cheque Clearing Initiation
- Omnichannel support for cheque clearing initiation (outward scanning, PDC, corporate cheque scanning, remote scanning, and mobile cheque capturing solution)
- Ability to integrate with cheque deposit kiosks for outward clearing initiation
Secure Cheque Archival and Access
- Built-in centralized archival of cheque images and corresponding data
- Extensive search and retrieval capabilities
- Volume independent archival with easy and quick search capabilities
Support for Multiple Cheque Clearing Types
- Integrated outward and inward clearing
- Integrated outward and inward returns
- Support for PDC cheques
- Integrated image quality analysis per the central bank guidelines
Information Tracking, Monitoring, and Reporting
- End-to-end process monitoring to remove operational bottlenecks
- Comprehensive reporting and audit trails for better compliance and continuous process improvements
Robust Integration
- Tight integration with core banking systems, including T24, Flexcube, Finacle, and more
- Support for extensive list of cheque scanners
- Support for third-party applications, such as middleware and message queues, for a seamless cheque-clearing experience