ONLINE REMITTANCE SYSTEM
- Web-based portal
- Customers have the facility to apply for Demand Draft/Telegraphic Transfer instrument or Direct Credit
- The system involves the integration of eNETS – the payment gateway facility for online payment by the customer applying for the Instruments
ONLINE FEATURES FOR CUSTOMERS
- Allow registered customers to apply DD/TT or Direct Credit
- Direct Credit to CBS Branches in India by predefined online remittance encrypted file format and integration with Finacle
- Online Payment facility (eNETS Direct Debit)
- Allow customer to view transactional history
- View Exchange Rate for the day
- Facility to locate bank’s branches (branch locator)
- Fast and Easy Access
- Secured SSL Access
BENEFITS TO BANKS/REMITTANCE COMPANIES
- 24/7 Online Service to customers
- Value added service to existing customers
- New market segment – Internet savvy high networth professionals
- Convenience of use will result to increases in repetitive business transactions/remittances
- Easy back office procedures
- Opportunity to introduce new online services – e.g. Bill payments
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Screenshots
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Brochure – Online Remittance System