Cheque Image Processing Solutions
Cheque Image Processing Solution is a prime product in our product portfolio which enables participating banks to electronically present cheques for the cheque clearing process carried out through a ‘Cheque Imaging and Truncation System (CITS). These CITS systems are designed to accept images and MICR data of physical cheques submitted by the participating banks/institutes via secure direct electronic transfer or on a CD-ROM.
The Cheque Image Processing system facilitates the capture of images and MICA data of physical cheques at branches of a participating bank/institute, centrally process the captured data and then transmits it to the clearing house via the CITS system for clearing.
Cheque Image Processing facilitates eliminating the physical movement of cheques and reduces the delays associated with this physical movement of the cheques.
Key Features
Image Capture
Our system ensures high-quality image capture of cheque documents, making sure every detail is preserved.
Image Enhancement
We employ cutting-edge image enhancement techniques to improve the quality of cheque images, even if they are damaged or of low quality.
Data Extraction
Our advanced OCR (Optical Character Recognition) technology accurately extracts crucial information from cheque images, such as account numbers, payee names, and amounts.
Data Validation
We perform rigorous data validation to reduce errors and minimize the risk of fraudulent transactions.
Check Scanning
Our platform supports various types of cheque scanners and scanning devices, ensuring compatibility with your existing hardware.
Data Export
Processed cheque data can be seamlessly integrated into your existing banking or financial systems, allowing for easy record-keeping and reporting.
Our Cheque Image Processing services are designed for banks, financial institutions, businesses, and organizations of all sizes that deal with a high volume of cheques, whether for payment processing or record-keeping purposes.