Tuesday 4 May 2021

Web-based-money-transfer-software

 

ONLINE REMITTANCE SYSTEM

  • Web-based portal
  • Customers have the facility to apply for Demand Draft/Telegraphic Transfer instrument or Direct Credit
  • The system involves the integration of eNETS – the payment gateway facility for online payment by the customer applying for the Instruments

ONLINE FEATURES FOR CUSTOMERS

  • Allow registered customers to apply DD/TT or Direct Credit
  • Direct Credit to CBS Branches in India by predefined online remittance encrypted file format and integration with Finacle
  • Online Payment facility (eNETS Direct Debit)
  • Allow customer to view transactional history
  • View Exchange Rate for the day
  • Facility to locate bank’s branches (branch locator)
  • Fast and Easy Access
  • Secured SSL Access

BENEFITS TO BANKS/REMITTANCE COMPANIES

  • 24/7 Online Service to customers
  • Value added service to existing customers
  • New market segment – Internet savvy high networth professionals
  • Convenience of use will result to increases in repetitive business transactions/remittances
  • Easy back office procedures
  • Opportunity to introduce new online services – e.g. Bill payments

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