Outward Clearing Solutions

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:

FZA-3165/ FZA-3166

The Key Benefits
of Automated Cheque Settlement

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Automated Amount Encoding

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Multi Host Connectivity

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Electronic Cheque Image Capture

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MICR Impact Encoding Technology

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