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.

Features of Cheque Truncation System

Multi-channel Cheque Clearing Initiation

Get omnichannel support for cheque clearing initiation (outward scanning, PDC, corporate cheque scanning, remote scanning, and mobile cheque capturing solution). Be able to integrate with cheque deposit kiosks for outward clearing initiation. Integrate outward and inward clearing, and outward and inward returns. Support for PDC cheques. Use integrated image quality analysis per the central bank guidelines.

Secure Cheque Archival and Access

Built-in centralized archival of cheque images and corresponding data. Achieve extensive search and retrieval capabilities. Volume independent archival with easy and quick search capabilities. Get end-to-end process monitoring to remove operational bottlenecks. Ensure comprehensive reporting and audit trails for better compliance and continuous process improvements.

Robust Integration

Ensure tight integration with core banking systems, including T24, Flexcube, Finacle, and more. Get support for extensive list of cheque scanners. Support third-party applications, such as middleware and message queues, for a seamless cheque-clearing experience.