PDC Management & banking covers the entire life cycle of a post dated cheque(PDC); with vault storage capacity for 50 lakh cheques we are currently banking more than 5 lakh PDCs per month with efficiency at above 5.8 sigma for accuracy and Turn Around Time.
Our internally created system can track the status of PDCs at every stage of banking.
In addition to banking we also assist our clients with bounce cheque management & Bank Reconciliations.
Services offered :
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PDC inwarding.
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Performing health check on instrument for bankability.
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System updates.
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Storage.
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Retrieval of instrument for banking.
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Banking of instrument as per due date.
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Bounced instrument processing & updates
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Bank Reconciliations.
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ECS mandate verification & banking
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Auto debit processing
We have almost eliminated errors through automation and improved process efficiency - our system can track the status of PDCs at every stage of banking and provide comprehensive MIS on daily, weekly & monthly basis.
