Products in this service category include:
 

• Code line clearing (CLC)
  
  
  An interoperable clearing system between all banks is necessary to enable quick (same day) processing and settlement of cheques deposited by customers where the cheques may or may not be drawn on the bank in which they are deposited. Creating electronic images of all paper reduces physical handling requirements and adds efficiencies to the process.
  read more...
  
   
• Integrated cash management system (ICMS)
  
  
  BankservAfrica’s ICMS automates the entire supply chain of wholesale physical cash at a national level. This improves the control of cash in circulation by banks and Central Banks and removes duplicated functions while adding efficiency to remaining functions. As a result, the cost of cash as a payment instrument is lower. This system optimises the participating banks’ cash holdings by improving the visibility of cash and enabling better usage forecasts and planning. Reducing the amount of cash held translates directly into lower costs.
  read more...