Download - Procedures and operation of check processing
Procedures and Operation of Check Processing
Branches
Bank processing
centerSystem
Functions and Structure
•Reduces operating costs
•Create SOP
•Share hardware and software resources
•Visualize transactions
•Simplify processes
•Need less staff•Offer customer services
Centralization• The operation center deals with a large amount of information.
Operations require a lot of work hours and does not directly involve customers.
Standardization• Establish standardized operating processes to achieve work
specialization.
Automation• Introduce large automated facilities, assistance of information
technology, and combine operation and management systems.
Functions and Structure
customer
Branches
• Key in• Check
review• Scan
Bank processing
center• Cancellatio
n of deposited checks
• NSF checks• Monitor
branches
TCH
Bill for Collection Flow Chart
Check Clearing Flow Chart
Printed notice of unhonored checks
Paying bank uploads the details of the unhonored checks
scanCheck review
Clearing house
Preparing notice and unhonored check
Cross Verification of Bank Statement Data
Bills an
d Not
es D
elive
ryInform Customers
Branches
confirms NSF checks
Bank processing center
Monitoring Center for unhonored checks
Information center
Developments2004
• Centralized operation: Bill for collection
2014• Centralized
operation: check clearing
Future• Expand and
apply to other visualization-managed series of products