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Bills pay collection system
June 24, 2015


This system is a duel control system for automated deposits and bills payment through ATM. Machine generated transaction log will be imported to the system and reconciled with physical cash and cheque.


System takes the input of all the cheques, which are waiting to be cleared, through scanning the images of the cheques and the MICR (Magnetic Ink Character Recognition) Line. Bank’s Core Banking and Clearing Process verify all the inputted cheques for validation and risk marks. After verifications, all the details of those cheques will be synchronized with the Central Bank’s Cheque Clearing System which is known as the Bangladesh Automated Cheque Processing System (BACPS). BACPS will acknowledge which are honored and which are dishonored. After the acknowledgement, Central bank will balance the fund transfer exchange between the cheque drawer and drawee banks.

Attractive Features:

  1. No physical cheque movement, only the cheque image movement.
  2. Duel control system.
  3. Clearing Charge Realization.
  4. Management Information, Reports Generation.
  5. SMS service in Cheque Returns.

Platform: Java Web based Solution/J2EE, SQL Server DB.

Client:  Standard Chartered Bank Bangladesh.