Usage of Bank-Client system

The Bank-Client system

The Bank-Client system is a remote account management system providing a permanent operational connection with the Bank. It simplifies cash and settlement services, increases mobility of payments, prevents mistakes in financial documents and ensures complete confidentiality of commercial deals. All documents transferred to the bank are encoded with an individual cryptography module, certified by the state authorities.

Main advantages of Bank-Client system:

  1. Full control of account operations.
  2. High speed of the operative interaction between the Client and the Bank.
  3. Economy of worki time of specialists and accountants, thus minimizing the paperwork.
  4. Possibility to work on-line and efficiently control the receipt of funds on the accounts.
  5. Possibility to submit payment documents to the Bank at any time.

Conditions of use:

  1. It is necessary to have a PC with a modem or some other internet access.
  2. It is necessary to learn how to use this system.

Each bank provides different Bank-Client systems (different features and the cost of use). But in the majority of cases, a Bank-Client system has a customizable interface convenient for PC users; easy-to-use templates with customer instructions; payment instruction history;comprehensive security system and different levels of access (input, authorization by the first/second signatures). These features make the Bank-Client system very convenient.

Along with the use of a Bank-Client system banks may provide the client with additional options:

  • Receipt of interim/daylight account statements reflecting the Client's available funds and account movements in real time;
  • Cr/Dr advice message types are made available in real time mode;
  • Formatted account statements and confirmations in SWIFT MT formats;
  • The list of payment orders accepted by the Bank for further execution;- Advanced reference books, pop-up windows and auto-completion function;
  • Auto-update systems;
  • Use of best known database servers;
  • Enhanced archive system with a long history of Client's documentation with different options;
  • Pre-formatted payment instructions for frequent payments;
  • Flexible system of document importing from the Client's payment / accounting systems;
  • Reconciliation consistency of the document status on the Client's and the Bank's servers;
  • Automatic verification of certain requisites during the process of document completion in the system.

For more information>>