Features:

• Funds are cleared - no delay on value.
• OCCS provides cheque capture solution to financial organizations with the ability to capture, validate, endorse, proof, balance, and archive all items at any branch location.
• Enable Clients to process large number of cheques electronically.
• Enable banks to handle large number of cheques electronically.
• No change to practice of writing or depositing cheques
• Images of front and back of the cheque are captured, along with MICR code line data and transmitted to Drawee File overnight
• Drawee FI verifies images are “good” (software-driven).
• Online client access to images as early as opening of business.
• Any dishonored items returned electronically.