Cheque Truncation System is designed to mitigate instances of cheque fraud, counterfeit cheques and signature forgery. CTS uses advanced imaging technology to capture key details such as MICR fields, date of presentation and the presenting bank. Advanced features also include signature matching, further eliminating fraud risk.
Cheque clearance guaranteed
- Reduced clearing cycle duration and improved reconciliation process
- Embedded in Bankers Realm
- Image-based processing minimising risks of physical cheques
key featureS
key benefits
Virtual cheque clearance that increases speed and reduces risk
View images without going through a third-party
Already integrated with Bankers Realm Core Banking System as well as other systems
Supports multiple cheque scanners
Robust cheque clearing mechanism with low fraud risk
clients
Craft Silicon has been the Technology Partner for Finance Trust Bank since 2013, providing intuitive innovations in the bank's various processes, including but not limited to Core Banking, Treasury, Trade Finance, AML, Mobile & Internet Banking.
Think Technology in Banking. Think Craft Silicon.
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clientele
