Key Features
- Customer self service for cheque collection on CBX
- Handles outward as well as inwards clearing
- CAR/LAR technology to read date, amount and beneficiary details along with MICR data
- Workflow driven system to automate all electronic cheque collection and clearing processes
- Online as well as batch scanning
- SLA management for each process to ensure clearing before the cutoff time
- Integration with clearing gateway
Workflow driven electronic cheque clearing along with CAR/LAR increases operational efficiency and reduce human errors
"One satisfied North American customer says 'Its live!!! Cheques were scanned and are on their way to the FED. I would like to commend the Polaris team for successfully rolling out our first Remote Deposit Capture though the new system'"