Transact Remit
Transact Remit™ is a powerful, web-based, international remittance transaction processing system, which automates the entire process of money transfer for a bank or financial institution. It is a highly customizable solution that ensures speedy remittances from anywhere in the world to anywhere, without the usual transit losses.
Business Benefits
- A powerful, web-based, international remittance transaction processing system, which automates the entire process of money transfer for a bank/financial institution.
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Key Features
- Seamless integration with existing systems
- Multiple message format recognition
- Effective inward processing
- Regulatory compliant
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IT Benefits
- Transact Remit is seamlessly integrated with your existing internal bank systems, and interfaces to external systems such as clearing and courier systems
- Transact Remit's built-in scalability enables you to efficiently handle current processing requirements and expand when emerging business needs demand
- Transact Remit provides browser-based access to support various business and client channels using single log-on access
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Key Features
- Seamless integration with existing systems
- Multiple message format recognition
- Effective inward processing
- Regulatory compliant
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Operational Benefits
- Transact Remit supports multi-currency transactions, forex rate negotiation, and money conversions applications
- Transact Remit manages the remittance life cycle and provides workflow automation that triggers changes in remittance status
- Transact Remit provides online status reports viewable by the customer, client bank, partner bank, and beneficiaries
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Key Features
- Seamless integration with existing systems
- Multiple message format recognition
- Effective inward processing
- Regulatory compliant
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