Base60 InstaRemit for Banks
Base60 InstaRemit for Banks, built on J2EE Service Oriented Architecture (SOA), is a comprehensive multi-currency and multi-lingual payment and liquidity management solution. Acts as a single point of entry / exit for all outward and inward payments that goes in and out of the bank.

It is a dynamic rule-based global payment solution that is specifically designed to meet various countries payment and settlement needs. Base60 InstaRemit platform is built on tops of an in-built message transformation component that facilitates ‘Straight Through Processing’ by seamlessly integrating with different systems in the bank, thereby providing enormous cost benefits.

Base60 InstaRemit comes with inbuilt Liquidity Manager that performs monitoring, notifying, prioritizing, scheduling, matchmaking and repairing activities of the liquidity management.

Base60 InstaRemit offers banks with

  • Support for all international payment networks and channels
  • Payment instructions in any format can be converted to the desired payment network messages
  • Straight Through Processing (STP)
  • Payment ware housing and enrichment
  • Configurable workflow for business process modeling
  • Payment monitoring
  • Prioritizing and scheduling payments
  • Dynamic Rule Engine
  • House keeping
  • Charge calculations
  • Inter Branch Payments
  • Support for un-automated branches
  • Multi-Currency
  • Liquidity management for fund managers