Providing central banks with visibility and tracking of shipments, in addition to eliminating data entry from your deposit preparation time. Through ICSP the commercial banks can notify you of a preadvisement, including the deposit value, and request a deposit pick-up. This streamlines the process, reduces manpower and gives you advance notice of incoming deposits.
Commercial banks can also place currency orders through ICSP, which are automatically sent to the central bank, enabling you to effectively manage inventory and forecast demand. In addition, ECM™ ISA provides you with sophisticated order processing features with the ability to activate orders, interface to other systems to perform a credit check, allocate cash from the vault through to the filling the order.
ICSP also allows you to communicate with commercial banks and enables them to self-service and review their service usage, all through their secure on-line account.