Tag Archive for 'Issues in CTS'

More on CTS related issues that needs to be taken care of before implementation

Investments Huge Investments are required by the Banks to go for a Cheque Truncation System (CTS). The investments will be in the form of:- Hardware and Connectivity Linking core banking system to imaging system, and Redesigning of process mechanisms, which would require immense training for the Bank officials. The greatest requirement would be to provide […]

Some of the issues that are to be looked into before the introduction of CTS

When to capture the Cheque Image The image of the cheque should only be captured after it is encoded. If the image is captured before encoding the cheque amount on the physical cheque and then some validation tool is used to print the cheque amount on the image, there lies an error. The chances are […]