Automated Cheque Settlement
SMARTSETTLEMENT™ covers cheque sorting based on the receiving BSB number, or any nominated criteria based on the MICR code. SMARTSETTLEMENT™ is for clearing houses or any financial institutions handling interbank clearing processes. The application can also produce clearing settlement reports.
- Automated Sorting Function based on receiving BSB number
- Built in Reject Re-entry / Reject Repair System
- Advanced Clearing Reports
- Inter-bank transaction Settlement
- Integration to Clearing House or Banks' accounting system