From cheque clearance to fund transfer to wage disbursement – Raqmiyat has been simplifying payment operations for financial institutions in the UAE over the last four decades. Today, we’re the end-to-end partner for all payment solution needs for leading banks in the region.
One Partner - Multiple Payment Suite Possibilities
Architecting Payment Systems Simplicity
Our comprehensive payment suites and individual solutions have enabled over 40 leading banks to streamline operations, swiftly address customer demand, and achieve significant savings in IT support costs.
Our Payment Solutions Umbrella For Banks
Robust Cheque Clearing Solution
Image Cheque Clearing System (ICCS) Connect Suite
Advanced Wage Protection System
Secured Fund Transfer System
Direct Debit Payments
Streamlined Reporting Tool
ICCS Connect Suite
ICCS Connect. Net
At The Core Of The Ecosystem
Leveraging the experience and R&D into image-based cheque clearing, we have launched the state-of-the-art and web-enabled “ICCS Connect.Net”. The ICCS Connect.Net is a functional and technical re-engineering of Raqmiyat’s existing ICCS Connect application.
We have architected the solution studying the evolutionary track of ICCS Connect, user feedback, and best practices across banks, incorporating an array of features and performance benefits into ICCS Connect.Net.
- CMMI Level practices followed in product design, development, and testing
- Multiple UATs through automated testing tools for a robust solution
The outcome is one comprehensive solution where all requirements like three-digit bank codes and special clearing can be met. This gives you a multi-fold experience in terms of operational efficiency, user-friendliness, simplified deployment capability, management reporting, and higher RoI.
ICCS Connect Product Modules
Fund Transfer System (FTS Connect)
Transfers – Enriched With Superior Functionalities
FTS Connect empowers financial institutions to participate in the UAEFTS cycle and leverage the rich functionality offered by the product to improve overall operational efficiency. The key function of the system includes Origination, Credit, Refunds.
Features To Streamline Every Transfer
Inbuilt Interfaces Crucial To The Operational Efficiency
- CSV Adaptor
- Standard SWIFT File adaptor
- File generation adaptor
- Automatic File transfer Adaptor (AutoFTP)
- Standard UAEFTS to SWIFT Adaptor
Secured & Convenient Reporting For Efficient Audits
Our Intuitive & Intelligent reporting solution allows the banks and financial institutions an automated safe, secure, and convenient method of submitting credit reports to Al Etihad Credit Bureau.
Fully compliant with the specifications provided by the Al Etihad Credit Bureau for the implementation of reporting credits in the UAE, Taqreer 360 is designed to introduce various value-added features & functions.
The key process covered are – Subject submission, Contract submission,
Subject update, Contract update, Portfolio transfer.