Cheque Truncation System

Banks and financial institutions cannot deny, cheque processing is one of business processes that is beset with complicated issues:

• Rejection rate remains high due to poor technology applied in either MICR encoding or MICR reading.
• Cheque fraud is difficult to detect due to poor technology applied in either cheque issuing or cheque clearing.
• Cheque processing cost is considerably high due to the banks or financial institutions’ dependence on manual handling or traditional submission of cheque data.
• Banks and financial often fail to meet the window time due to ineffective and time-consuming cheque processing flow

Considering this complicity, PT Murni presents to you Cheque Truncation System, an end-to-end cheque processing solution that streamlines your business process to reduce rejection rate, protect your business and customers from cheque fraud, minimise operational cost, and enhance corporate image as a reliable bank or financial institution.