Cheque Truncation System

Montran’s Cheque Truncation System (CTS) is designed to deliver fast and efficient processing of cheque payments. Originally designed for the Middle Eastern market, CTS is now available as a tailored solution for clients worldwide.


Key Features

  • Integration with the core banking system for Straight Through Processing
  • Integration with any cheque scanning application
  • Remote deposit capabilities for branches and corporate customers
  • Corporate cheque printing
  • Multi-currency support for transactions
  • Cheque signature validation and data entry
  • Cheque return processing
  • POSI-PAY and stop cheque support
  • Post-dated cheque warehousing with 10-year date limit
  • Integration with signature system for signature fetching
  • Configurable email alerts
  • Multi-level authorization
  • Solution Components

    Key Benefits

    Reduction in Physical Processing Errors

    CTS eliminates physical processing of cheques and transforms the complete operation to an electronic operation. As a result, transit and handling of cheques is reduced in turn reducing misplacement and loss.

    Short Clearing Cycles

    CTS enables faster clearance of cheques through its electronic intervention ensuring better single day clearance, effective cheque collection, lowered operational costs and overall an improved customer experience.

    Accurate Reconciliation

    An electronic cheque clearance solution means banks can deliver accurate and higher quality reconciliation of cheques with little to no geographic or time restrictions and leverage a drastic reduction in costs related to collection and manual processing of cheques.

    Client Focus

    Commercial Banks