Automated Cheque Processing and Automated Clearing House (ACP/ACH) Systems

The automated electronic payment and clearing system (ACP/ACH) for cheques and direct credit remittances creates an efficient payment and clearing system for fund transfer. The ACP/ACH processes paper instruments (mainly cheques) on a real time bases.

Temenos T24 Core Banking application has developed a customized system for the Automated Cheque Processing and Automated Clearing House (ACP/ACH) Systems. This is an integration done within T24.

Benefits

  • Easy processing of Cheques
  • Online Payments