Universal Payment & Elegant Money Transfer Solutions
The rapidly changing payments industry requires businesses to stay alert, react quicker, and perform better. With new banking technologies continue to surge ahead, banks around the world are pushed to invest heavily into implementing new ways in which they can manage their operations, connect with customers, promote their services and stay ahead of the competition. ICS BANKS Remittances is a universal payment and money transfers solution provided to meet ongoing information processing innovation and management challenges facing the banking and payment industry today.
ICS BANKS Remittances solution embraces business agility as a Primary Core Driver in providing high-end customer experience
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
The ICS BANKS Remittances system offers a variety of features and modules within its state-of-the-art ICS BANKS Universal Banking Software Suite, such as powerful customisation and personalisation tools like extensive number of parameters, flexible and innovative Business Process Management (BPM), Document Management System (DMS)l and cutting-edge technologies, to indulge its customers with the opportunity to pay or transfer money automatically in real-time, with the ability to track and confirm the payment through its STP processes and online settlement functions. ICS BANKS Remittances provides complete automation of SWIFT messages and RTGS processing, advices and vouchers generation.
SWIFT announced that by the end of 2020, it will be mandatory for all financial institutions receiving payments (MT 103 messages) to confirm when a payment has been credited to the account of the beneficiary. ICS BANKS Remittances is ready and complies with Universal Confirmations rulebook. ICS BANKS Remittances simplified the process to its customers by formatting and building MT199 automatic confirmation messages, and sending it directly after crediting the beneficiary or rejecting the payment.
ICS BANKS Remittancess provides its customers with two options of confirmation; which are Mandatory and Optional confirmations. The solution automatically sends the status for each payment received via SWIFT MT 103 “customer transfer”
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.