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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.

Features:

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Automated Sorting Function based on receiving BSB number

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Built in Reject Re-entry / Reject Repair System

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Advanced Clearing Reports

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Inter-bank transaction Settlement

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Integration to Clearing House or Banks' accounting system

For more information about Cheque & MICR Solutions
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At Business Smart Solutions Pty Ltd (BSS), we have been helping businesses introduce smarter, cost-effective and best-of-breed IT solutions that radically improve business performance.

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