Cheque Truncation System

Industry - Banks

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

Processes cheque images and supports multiple cheque scanners.

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.

Lawrence Filly
FINANCE TRUST BANK
Head Business Technology
FINANCE TRUST BANK

Think Technology in Banking. Think Craft Silicon.

Transform your business with our solutions.

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clientele

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