SMARTSETTLEMENT® is an automated clearing house (ACH) system designed and developed to provide the clearing house with a comprehensive solution for interbank clearing processes that covers:
for manual data repairmen of rejected MICR
into front-end application (BDS) or core banking application
to clearing house’s internal system
of interbank clearing data
based on receiving bank number*
Efficient process of interbank cheque clearing
Automate the whole clearing process from receiving data to settlement
Accountable process with secure system and comprehensive reporting
To find out more about SMARTSETTLEMENT®