The Pak Banker

StanChart introduces remote cheque printing for ZONG

- 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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