iGTB Transaction Limits Management (TLM), a cutting-edge solution that authorizes a payment against available funds and limits and provides a real-time pay, no-pay, or refer decision based on balances, limit structures, and auditable rules or formulae.

The TLM system receives a payment instruction from any channel/payment engine and:

· Checks if there are adequate limits and balances

· Checks for account indicators, thresholds etc.

· Checks the net position and gross position at multiple levels

· Checks the immediacy of the payment (cut-off times etc.)

and then:

· Refuses the payment, or,

· Releases the payment and updates the exposure, or,

· Places the payment in referral and constantly re-checks if funds have come into the account.

TLM's superiority lies in its ability to address key challenges faced by corporate clients and banks namely:

1. Real-Time Payment Releases: Corporate treasurers can promptly release high-value payments, enhancing business relationships by ensuring timely fund transfers to counterparties and suppliers.

2. Efficient Liquidity Management: TLM enables corporate clients to net balance across multiple accounts, share limits across subsidiaries, and fully utilize bank limits. This results in reduced overdraft costs and improved liquidity management, particularly crucial in times of surging interest rates.

3. Real-Time Exposure Control: For banks, TLM provides real-time exposure control across complex client account structures, mitigating risks and reducing Basel III provisioning costs, leading to higher client satisfaction and straight-through processing (STP).

iGTB Transaction Limits Management

作者 Intellect Design Arena