CHAKAVAK Cheque Mgmt.

CHAKAVAK Cheque Mgmt.

In CHAKAVAK system, the cheque’s front, back and data information are sent to the cheque management system in debtor Bank and then transmitted to the issuer bank; if approved, withdrawal is carried out directly and its information is sent to settle in mutually beneficial system of cheque. When cheque processing information is done, the bank’s debit/credits documents are sent to the SATENA system for interbank settlement.

IDCORP CHAKAVAK system provide the possibility for the banks to manage the related processes of receiving/sending cheque from/to CHAKAVAK system by connecting to management system and monitoring Central Bank cheque.


CHAKAVAK System Highlights