Secure Transfers with Logging & Tracking Features
Currently, most of banks handle “cash-in-transit” through specialised security companies, where the need of recording this process through a special system has become essential.
System main features:
- Automatic generation of transaction entries in all phases.
- Dual control measured by applying the maker/checker concept.
- Automatically send and receive the requests from branches.
ICS BANKS Cash in transit through a security company system handles cash transportation transactions in two ways:
1. Cash Request to Branch:
The branch will initiate the process of requesting cash, once the request is approved by an authorised teller in the branch, and then it can be handled by H.O and through special functions in order to accept or reject this request. If the request of the branch is approved, then the security service company will accordingly do the physical cash transportation and the authorised branch teller will use the system to accept/reject receiving the physical cash from the security service company.
2. Sending Cash from Branch:
The process will also start from the branch with a request to send cash to H.O, once the request is approved by an authorised teller in the branch, and then the request can be handled by H.O and through special functions, in order to accept or reject this request. If the request of the branch is approved then the security service company will accordingly do the physical cash transportation and the authorised teller will use the system to accept/reject receiving the physical cash from the branch.
Future-Proof Digital Banking Products
Open BankingOpen APIs Architecture
Profiling Customer Social Engagement
Complete Cloud Platforms Cloud available
Unification of all Digital Systems Omnichannel Experience
Automated Processes & Robotics, Hence Time & Money Savings with High Accuracy
Business Agility to Drive Productivity & Efficiency
ICSFS uses innovative technologies in the core of its products, and develops first-class, dynamic and future-proof banking and financial products for new business trends.
ICS BANKS products come with high security, scalability, and flexibility.