An Integrated Remittance platform which fully automates the processing of remittances received by a Bank from Exchange Bureaus.
For Banks to maximize revenue while providing prompt and affordable remittance services to their customers, they require a unified transaction platform that can process remittances and streamline their operations while complying with regulations, reducing risk, minimizing operating costs and maximizing revenue.
eRemit enables Banks, MTOs and Exchange Houses to employ multiple remittance request channels, reduce costs and gain better control of operations. The solution provides banks the infrastructure to seamlessly process inward remittance transactions and effectively distribute funds to beneficiaries through numerous distribution channels.
eRemit offers the following benefits