Remote Cheque Deposit Web Application

Your safe deposit to the bank

iDeposit has been developed to assist banking institutions and medium/large organizations deposit cheques more efficiently and securely. Through a web browser and with specific hardware, customers can deposit their cheques remotely. iDeposit, via API calls, will exchange information with our SmartClear application to assist and expedite the cheque-clearing process. SmartClear is the hub between iDeposit & the core banking application.

Efficiency

We help banks and medium/organizations simplify and optimize their processes regarding cheque deposits.

Flexibility

Organizations may deposit, while banks may process the cheques at their convenience.

Security

We ensure secure data exchange through HTTPS protocol, OAuth secure tokens, encrypted passwords, and password policies.

Bank Benefits
An indispensable tool for banking institutions

It is the perfect tool for increasing the efficiency of the cheque-clearing process and decreasing cashier cheque processing time. It allows more flexibility in the personnel’s daily tasks while, saves valuable resources for the organization.

Customer Benefits
Trouble-free procedures for businesses

iDeposit is designed for medium/large organizations that want to simplify and speed up their internal processes. They can now limit the number of visits to the bank and queue waiting time by depositing their cheques remotely and securely.

How it works | The iDeposit Process

iDeposit the process.webp
Core Features

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Codeline Recognition

Codeline recognition can be performed through MICR.

Users’ Roles & Permissions

It offers different sets of user permissions with access to specific system modules.

Reporting

It allows the generation of different reports that provide users with useful information.

Scanners

The system can support several scanners, e.g., the Panini scanner. Additional scanner can be added after discussion and coordination.

Codeline and Image Validation

Performance of the required validations to ensure that MICR data and cheque image capturing process is clear from operational errors.

Parameterization

The system is fully parameterisable and customizable per any organization’s specific rules, needs, or workflows.

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