Payments & Revenue Management
Financial Guarantee (Securities)
- Online Securities/Surety creation for Traders;
- Process various forms of securities like bank guarantee, insurance guarantee and corporate guarantee;
- Creates bank guarantee and process transactions based on the validity of the guarantee;
- Notify the Traders about the exhausting credit limit or expiry;
- Request for extension of Securities / Surety Expiry Date/ Amount/ Credit Limit/ Transaction Expiry Date;
- Allows processing for encashment of securities if stipulated conditions are not fulfilled by the relevant user;
- Allows to override securities process under specific conditions;
- Replacement of securities with altered or new securities;
- Monitor and Track financial guarantees of Traders.
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