Automated Cheque Settlement
SMARTOUTWARD™ is an Integrated Clearing System covering Outbound Clearing Processes from banks’ head office/ branches to Clearing Houses. The application processes automated amount encoding and electronic clearing data (with/ without document to follow or with image to follow – cheque truncation) to the Clearing House.
The application has been successfully integrated with the following machines:
The Key Benefits
of Automated Cheque Settlement
Automated Amount Encoding
Multi Host Connectivity
Electronic Cheque Image Capture
MICR Impact Encoding Technology
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