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Standard Chartered Bank, a market leader in electronic payments, takes yet another step towards digitisation by launching 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 authorisation which is prone to error and risk, Standard Chartered's solution is entirely automated with in built security, controls and audit trail features. China Mobile Pakistan 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.-PR

Copyright Business Recorder, 2016

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