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e'remittance
About the product:
Customers of banks send and receive remittances within the country and
overseas. Banks effect such remittances by way of issue of DD’s, Telegraphic
transfers and Travellers Cheques. Also Banks receive inward remittances which
will be applied by them to the credit of the beneficiary. e-Remittance is a
comprehensive solution for managing the remittance operations at the branch
level. The product can have an interface with SWIFT and can be integrated with
e-Trade.
Need for the product:
Remittance activity is an important revenue source for banks without impairing
the risk profile. Automation of remittance operations has a direct impact in
improving service standards. Further housekeeping requirements are being
addressed more seriously than ever before. All these have driven the banks to
equip themselves with the latest technology. This product gives the bank the
cutting edge needed to serve their customers in the best possible manner, while
at the same time helping the banks to manage the front office operations very
efficiently.
Environment:
Client / Server Architecture
Win/95/98/NT
Oracle 8.0
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