StanChart in­tro­duces re­mote cheque print­ing for ZONG

The Pak Banker - - FRONT PAGE - Staff Reporter

Stan­dard Char­tered Bank in­tro­duced Round the Clock Re­mote Cor­po­rate Cheque Print­ing fa­cil­ity for CHINA MO­BILE PAK­ISTAN (ZONG).

The client can now print cheques any time of the day or week at their own premises, through the Bank's in­ter­net based global de­liv­ery chan­nel Straight2Bank. While ex­ist­ing op­tions in the mar­ket to­day in­volve man­ual pro­cesses and au­tho­riza­tion which is prone to er­ror and risk, Stan­dard Char­tered's so­lu­tion is en­tirely au­to­mated with in­built se­cu­rity, con­trols and au­dit trail fea­tures.

CMPak is one of the first telecom­mu­ni­ca­tion com­pany to utilise this value added On­site Cheque Print­ing (OCP) fa­cil­ity, and has set a stan­dard for other telecom­mu­ni­ca­tion com­pa­nies to fol­low in the mar­ket.

Through this so­lu­tion users have an added ad­van­tage in their trea­sury op­er­a­tions by en­hanc­ing con­trol, and bring­ing fur­ther ef­fi­cien­cies to their dis­burse­ment pro­cesses by man­ag­ing them cen­trally in the head of­fice via Straight2Bank; while re­duc­ing the turn­around time for de­liv­ery of pay­ment to ben­e­fi­cia­ries by print­ing th­ese cheques di­rectly in their own premises in re­mote or out of town lo­ca­tions across the coun­try.

As part of the Bank's com­mit­ment to put its clients' needs front, the Re­mote Cheque print­ing ser­vice is avail­able round the clock. Now clients can con­tinue to make cheque dis­burse­ments af­ter bank­ing hours.

All our clients in Pak­istan have ac­cess to this new ser­vice via our se­cure on­line bank­ing por­tal Straight2Bank. Stan­dard Char­tered bank is happy to bring the ben­e­fits of elec­tronic en­hance­ments to our clients, reaf­firm­ing our prom­ise to Be Here for Good, and Here for progress.

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