Remittance Software
RemitX is browser based comprehensive funds transfer system that automates multi currency, multi country, inwards and outward remittance system. RemitX fits for small to large financial institution and remittance business. RemitX is build with reliable, scalable and secure platform where remittance is generated in few clicks from agent distribution and mobile phone.
Easy Interface
Simple interface and easy navigation to operate the system
Anti money laundering
Real time checking against Office of Foreign Asset Control (OFAC) compliance
Auto update of OFAC Database
Know Your Customer compliance
Filter and Blacklist
Sender Identification Amount with number of attempt and frequency of transaction
Centralized Administration
Data and applications are hosted in centralized environment
All administration is done at the HQ level
Audit and settlement are done centrally
Security
RemitX adopts advance security control by binding client digital certificate
Only authorized Agents and users can access the system
Two level security with Maker-Checker concept
Risk Management, Threshold amount and Credit Limit modules
Robust architecture with minimal resource
RemitX runs on minimal bandwidth that is 3kbps Tested on Rural and Urban area where internet resource is poor.
System requirement footprint is very small.
Dynamic commission and service charge
Commission as per country, region, distance
Preset commission by flat, percentage or hybrid
Exchange Rate Setup
Dynamic exchange rate setup as per country, banks, agents
Document Handling System
Cheque / Draft / Paper Document can be scanned and processed for payment
Import and Export
Secure and Flexible connectivity to third party system and software
ISO 8583, XML-RPC and SOAP API
XLS, TXT, CSV, XML, PDF
Core Bank and Wallet integrated
Privilege Card
Integrated privilege card and registration of customers for easy and quick transaction
