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Mr. Ganpat Dhameliya


Virtual Clearing System

Cheque Truncation System – 2010

Cheque Truncation System (CTS) is a process used by banks to digitize and streamline the cheque clearing process. Traditionally, when a cheque was deposited, it would physically move from the collecting bank branch to the clearinghouse, where it would be sorted and sent back to the issuing bank for verification and settlement. This manual process was time-consuming and prone to errors.

CTS eliminate the physical movement of cheques by replacing them with digital images. Here's how it works:

Benefits of Cheque Truncation System:

It's important to note that the implementation and specifics of CTS may vary between countries and banking systems, but the overall objective remains the same: to modernize and streamline the cheque clearing process.

Internet Banking

Ashvi Consultancy Service
Internet banking solution consists of two modules:

Client module giving your customers full control over their transactions and account information online and Administration module providing your staff with flexible and powerful account administration tools.

Finance e-Banking

is a comprehensive Internet-based solution that addresses the core banking, treasury, wealth management, consumer and corporate e-banking, mobile banking and web based cash management requirements of universal, retail, corporate, community and private banks worldwide.

Facility for International

International banking marketplace has been experiencing drastic changes. However, never before have there been so many demands on banks to satisfy their customers, manage their internal risks, work cost effectively and protect their competitive position.

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