ESDS Cheque Truncation System application has been developed in accordance with the RBI’s 2010 project on Image-based Clearing System for faster clearing of cheques in banks. It automates the cheque deposit, collection and truncation process and helps banks derive multiple benefits including same day clearing. Our web-based system is capable of interfacing with a variety of systems used in banks and is customizable.
Key Benefits
Better customer service due to faster clearing cycle
Enables banks to reduce the time for manual processing of cheques
CTS Application and Hosting Of CTS Infrastructure
Facilitates better and quicker reconciliation and verification process
Reduces operational risks and frauds
URL:
http://esds.co.in/hosted-payment-platform-services