Automated Cheque Settlement

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.

Smart 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.

The Main Features
of Automated Cheque Settlement

sorting

Automated Sorting Function based on receiving BSB number

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Built in Reject Re-entry / Reject Repair System

Reporting of cheque printing history featuring easy search

Advanced Clearing Reports

Customer data import

Inter-bank transaction Settlement

omni-channel

Integration to Clearing House or Banks' accounting system

**for physical cheque processing

The Key Benefits
of Automated Cheque Settlement

fast-white

Efficient process of interbank cheque clearing

cheque-process

Automate the whole clearing process from receiving data to settlement

Improved-traceability-with-secure-management-of-blank-and-printed-cheques

Accountable process with secure system and comprehensive reporting

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