CHEQUE TRUNCATION SYSTEM

Origin provides a solution to process cheques electronically. CTS Solution receives-processes-validates-reconciles clearing data (MICR data & Images) for banks. It controls and monitors outward & inward clearing.

  • Reports & Statistics give the User Banks the complete analysis of their cheque operations.
  • Results in accelerated transaction clearing and reduction of cost of physically handling and transporting original paper cheques.
  • Data is processed, routed and archived as per the requirements of RBI/NPCI, relevant Acts, procedure, etc.
  • We also provide banks with an entire package of Cheque Clearing Services- Cheque Truncation System including both Inward and Outward Clearing.
  • Our Solutions helps the bank minimize cost (hardware & software) and other resources(manpower).

Benefits

  • Manage your clearing operations with the most flexible and easy to use solution in the market.
  • World class imaging, security and archival technologies make your system more reliable and superior.
  • First choice of leading Private, Nationalized, Foreign and Cooperative banks.
  • Solution complies with the standards set by RBI/NPCI.
  • Solution developed by Bankers, Technologists and Clearing experts give you an intelligent result.
  • Being a locally in-house developed solution, results in quickest adaption to updates/changes by RBI, NPCI and User Bank.
  • Modular solution provides you with the flexibility to invest in any of the components or services, i.e. Outward, Inward and/or Archival.

Do you have question regarding our product?

We have variety of products and if you have any question regarding them, then you can give us a call or you can also send a mail to us. We will talk you as soon as possible.