It provides the service of message alerts on customer mobile. It alerts the customer when their account gets debit or credit for any sort of transaction. Customer can also inquire about his/her account balance.

Inter Branch Application (IBA) through PIBAS Switch Controller (PSC) provides online real-time Inter Branch transaction facilities, even in totally distributed environment. It facilitates. It performs Fund Transfer, Cash Withdrawal, Cash Deposit., Transfer Delivery, Balance Enquiry and Signature & Photo Verification in remote branches

Currently it facilitates following functions

• Funds Transfer
• Balance Enquiry
• Currency Rates Enquiry
• Mini Statement Enquiry
• Statement Request
• Stop Cheque/Payment
• Cheque Book Request
• Pin Code/Password Change
• Utility Bills' Payment

Features

• Reduces Work Load of Operational Staff
• Increase Operational Efficiency
• Reduces Paper Generation and Handling
• Provides State-of-the-Art Facilities to Enhance Customer Service
• Provides Transactions History and Audit Trails
• Gives Detail Activity Logs

As the requirements of SBP for the illiterate persons, a user can view the scanned picture of the account holder/s system can have the photo scan at the window of verification by Signature Verification System. Signatures can also be viewed from this module.

Benefits & Salient Features

Compatibility

SVS comprises of two sub-modules

System Management

It includes system settings, branch maintenance, account and signatory maintenance, user maintenance, logging, security and reports.

Sign View Server

The system facilitates online real-time viewing of signatories' information along with signatures and photographs for any account by any authorized user, both for intra-branch and inter-branch transactions.

Reports

•  A/C & Signatory Added / Deleted
•  A/C & Signatory Modified
•  User Added / Deleted
•  List of Signatories
•  Certified Signatories
•  Modified Signatories
•  Pending Signatories
•  Rejected Signatories, etc.

With the help of Reports system helps Bank to set of procedures, laws or regulations which designed to stop the practice of generating income through illegal actions. In most cases money launderers hide their actions through a series of steps that make it look like money coming from illegal or unethical sources was earned legitimately.

Collateral Management System (CMS) provides a powerful tool to the bank to manage, monitor and control the assets submitted by the customers as collaterals to avail the credit facilities of the bank. It has Multi-Currency Collateral Management and Amount Permissible Calculation helps to have a grip on the clients activates.

Benefits & Salient Features

• Consolidates collaterals for business relationship/customer
• Better Risk Management
• Customizable Collateral Types (Hypothecation, Pledge etc.)
• Customized hierarchical collateral categories where the user can define:
• Market Price & Base Price labels
• Valuation Level
• Depreciable or Not
• Partial Release Allowed or Not etc
• Multi-Currency Collateral Management
• Amount Permissible Calculation
• Concept of Margin
• Quantity Definition on Collateral
• Base Price and Market Price Concept with Local Currency equivalent
• Valuation/Re-valuation:
• Category Level
• Collateral Level
• Dynamic calculation of drawing power across the bank/branch, as and when
• Collaterals are re-valued
• Surveyors Management
• Custodian Management
• Custody Information of Collateral
• Insurance Company Management
• Insurance Information of Collateral
• Addition of customized Collateral information
• Notification/Alerts on Collaterals
• Primary and Secondary Collaterals
• First and Second Charge of Collaterals
• Detail Specification of Property
• Flexible Charges Structure
• Partial Release of Collateral

Bank need to report its classification of Advances, Loans, Customer's behavior on Loan Payment and other reports which PIBAS develops on Banks Request. Different Banks fulfill different requirements demanded by Central Bank but the usual reporting are Balance Sheet and Profit and Loss summary. These reports can be submitted monthly, quarterly, half yearly or yearly.

Like CBR it's a reporting but it is not necessary for a BANK to follow BASEL II as they are the standards of reporting but if Bank need to have BASEL based reporting, this module will help you.

Bank can design a report according to the need and by this module; data can be more effectively used. With MIS as a separate module, its performance of fetching gets fast. BASEL II and CBR are one of the forms of report which can be classified from MIS.

It usually helps to reconcile between the offline branches but in our case we recommend it for the online branches too as it squeeze the factor of fraud, which can be done by performing dummy online customer withdrawal, Pay Order payment or Demand Draft Payment.