SMARTOUTWARD™ is an Integrated Clearing System covering Outbound Clearing Processes from banks’ head office/branches to Clearing Houses. SMARTOUTWARD™ processes Automated Amount Encoding and Electronic Clearing Data (with/ without document to follow or with image to follow – cheque truncation) to the Clearing House.
Efficiently encode amounts for outgoing cheques, reducing manual effort and increasing accuracy.
Connect seamlessly with multiple hosts for enhanced flexibility and interoperability.
Capture cheque images electronically, enabling faster processing and reducing paper-based documentation.
Utilise MICR impact encoding technology for precise and durable MICR imprints, ensuring compliance and security.
SMARTOUTWARD™ has been successfully integrated with the following machines:
Experience the benefits of SMARTOUTWARD™:
Streamline outbound clearing processes for improved operational efficiency.
Ensure accurate amount encoding and electronic data capture, reducing errors and discrepancies.
Seamlessly connect with multiple hosts and adapt to changing clearing requirements.
Stay compliant with regulatory standards and industry best practices, enhancing trust and reliability.
Reduce costs associated with manual processing and paper-based documentation, saving time and resources.