Monday, 29 September 2014

CTS – Cheque Truncation System

Ø  CTS System speed up the process of collection of cheque resulting in better service to customer.  
Ø  CTS reduces the scope for clearing related frauds or loss of instrument in transmit
Ø  CTS lowers the cost of collection of cheque

Ø  It removes reconciliation related logistics related problem and thus benefiting the system

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