Finchequepoint

Reserve Bank of India introduced a cheque imaging and settlement system to streamline cheque payments. After successful implementation, the system is all set to be rolled out across the country. Nelito's solution FinChequePoint has been developed to give participating members the option to use a cost effective solution which has been tried and tested during the pilot implementation at Delhi. The solution has all the necessary functionalities and modules necessary for a seamless handling of your most critical operational functions. It can support large volumes and is integrated to the RBI prescribed Clearing House Interface. The solution can be used globally for image based cheque processing and settlement and provides a cost effective alternative to discerning customers.
Scanning and Workflow Support
The Scanning facility can be used either at central facilities, Regional processing centre, branches, teller counters or clusters. The solution is designed to meet the standards prescribed by the RBI for the images, and has built in workflow for capture of data from the MICR details, entry of required data and capture of credit details for outward clearing. For financial institutions that process transactions, the solution has capability to transform the deposit and payment locations by adding scanning capability to the branches, extension counters, lockboxes, self service terminals. The application can also be deployed to corporate and establishments which collect a large numb