Cheque Clearing Solution
We offer a robust, FrontCollect Cheque Clearing Solution designed to digitize and accelerate cheque processing operations. This is fully in line with CBN’s cheque truncation and image-based clearing requirements. This solution enables secure, efficient cheque deposit and transmission from branches or remote locations to the clearing house.
Software Solution
* Interface accessible from all approved locations
* High-resolution cheque image capture and validation
* Secure transmission to central clearing systems (via NIBSS/Bank HQ)
* Integration with branch-level cheque scanners
* User access control and audit trail
* Real-time transaction monitoring dashboard
* Automated daily reporting and reconciliation
Operational and compliance advantages.
* Significantly reduces cheque clearing turnaround time
* Minimizes human errors and physical movement of instruments
* Improves compliance with CBN/NIBSS image clearing regulations
* Seamless compatibility with existing bank systems
* Nationwide deployment capability with user training and support