Remittance Process Diagram
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Multiple Transfer Methods Including PoS, Mobile and the Internet
Clients can run their daily operations effectively and efficiently whilst offering their customers the ability to execute transactions from branches (RemitONE MTMS), over the Internet (RemitONE ORM), via SMS on mobile phones (RemitONE MRM) and by using prepaid card systems (RemitONE MTMS). |
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Simplified Core Accounting Activities
Clients can monitor their numbers in real-time via the RemitONE MTMS’ advanced profit-loss calculations displaying the profit each transaction makes as it is created. Clients can also plan currency purchases to offer better rates to customers, thereby eliminating the need to do guesswork. They can also define a whole array of business rules for RemitONE's money tranfser software systems to execute core accounting tasks. Advanced credit control features enable clients to effectively manage their agent network and not worry about chasing agents for payment. |
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Seamless Task Automation
Every stage of a transaction occurs within the framework of RemitONE's money transfer software systems; hence the number of errors arising from manual systems is eliminated. Each transaction is tagged to enable tracking capability at every stage to rapidly identify and rectify errors. |
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Advanced Remittance Delivery Options
Clients using our money transfer software systems can offer a variety of transfer types to customers including bank account transfers, prepaid card transfers, cash collection and home delivery. Clients can also setup several delivery services such as spot cash (within minutes), same day, next day and five day services, each with varying pricing levels. |
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Advanced Security, KYC & AML Compliance
All our money transfer software systems are very secure, mature and KYC & AML compliant. In addition to offering the following KYC & AML compliance features, the RemitONE MTMS and RemitONE BCM can integrate with leading KYC service providers such as 192business.com, thereby giving you access to a range of methods to do various KYC searches. The advanced AML compliance checking and reporting features include:
- Generating unique customer IDs
- Remitter and beneficiary velocity and volume checks
- Storing scanned images of documents
- Name-checking against blacklists by OFAC, FinCen and others
- Setting per corridor thresholds to flag compliance checking on transactions
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Third-party Integration Services for Forex Rates and Delivery Networks
RemitONE money transfer software systems can be integrated with forex services providers such as xe.com and others to manage currency and exchange rates. RemitONE systems can also be integrated, on a bespoke basis, with large delivery networks of established MTOs. |
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Global Presence
Organisations of all sizes use our money transfer software systems to transfer money across the world.
The RemitONE MTMS is used by small and large banks, MTOs and other financial organisations in various corridors and our global presence guarantees clients instant access to RemitONE staff for support and other services.
RemitONE have offices in:
- London, UK (HQ)- Europe and Africa
- Abu Dhabi, UAE - the Middle East
- Asuncion, Paraguay - South America
- Singapore - Asia and South-East Asia
- Markham, Canada - North America
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