Target Remit

TARGET REMIT is an online money transfer system that enables a remitter to instantly send money at various locations across the globe by utilizing various delivery modes like cash over counter, draft, direct credit into the beneficiary’s account, etc. Developed on the latest Microsoft SQL & .NET platform, TARGET REMIT has many unique and never before features to cater the requirements of fast money remittances and offers customized Money Transfer Solutions in all currencies across the Globe.

Salient Features

• Solution is fully capable to provide admin controls/management of agent accounts, branches, modes of payments, agent users, rates and margins and also their transactions,
• Easy management of countries, locations, currencies, exchange rates, commissions and margins & other compliance rules,
• In-built state-of-the-art security model which has been designed considering the roles & responsibilities of all involved departments & agents. Solution also generates complete audit trail of modifications of transactions, exchange rates and margins changes made by agent users and internal users,
• Diversified capability to integrate with different Alternate Delivery Channels (ATM / IVR / Internet Banking) & back-end core banking platforms by using the best of the breed integration technologies,
• Strong competency to integrate with 3rd party systems to provide wider online network of agents & other payout banks,
• Different transaction reviewing processes can be implemented by using the industry standard screening tools like OFAC & AML as per compliance requirements,
• Ability to generate complex MIS reports to critically analyze the business performance and assist in taking decisions.