Product overview
The commercial drafts (including bank acceptance drafts) is an
important component of currency market in China. The commercial
draft market in China provides the corporate trading development
with the most direct credit tool that promotes greatly the
development of national economy. The electronic processing of bank
draft business for commercial banks is realized under the leading
and organizing of China People’s Bank and based on CANPS, the
modernize payment system.
The NCL Electronic Draft System is used by commercial banks to have
directly connection with CNAPS for dealing with draft business,
which can realize the automatic processing of series of draft fund
clearing such as fund transfer after draft issuance, fund clearing
after cashing and reimbursement of spare money as well as the
automatic processing of bank drafts such as automatic encoding,
code verification, issuance, statistics, query, registration in
corresponding registration book and printing of relevant
certificates and lists.
By connecting with internal system of commercial banks, the system
provides commercial banks with an efficient and convenient
electronic way for draft remittance and transfer based on automatic
on-line processing through the background business system.
Functions
Draft issuance and Fund Transfer
Input of draft issue
Accounting cancellation for draft issuance
Review of draft issuance
Draft printing
Verification of draft signature and stamp
Draft fund transfer
Classification query of draft issuance information
Detail query of draft issuance information
Requisition for clearing of draft cashing fund
Input of requisition message for draft cashing
Review of requisition message for draft cashing
Cancellation of requisition message for draft cashing
Delivery of requisition message for draft cashing
Canceling of requisition message for draft cashing
Query of draft requisition for clearing
Canceling of draft cashing
Clearing of Draft Cashing Fund
Requisition for Return of Unused Draft
Requisition for return of unused draft
Review for of unused draft
Cancellation of returning unused draft
Delivery of requisition message for return of unused draft
Query of clearing of requisition for return of unused draft
Clearing of Returned Unused Draft Fund
Cancellation of returned unused draft
Account processing of returned unused draft fund
Overdue Draft Return
Entry input overdue return
Entry review of overdue return
Entry cancellation of overdue return
Draft Cancellation
Full cashing cancellation
Partial cashing cancellation
Disposal of reporting loss and cancelling the report of loss
Disposal of reporting loss and cancelling the report of loss
Query of reporting loss and cancelling the report of loss
Day-end Account Checking and Account Verification
Account checking and account verification for draft insurance
Account checking and account verification for draft transfer
Query and Print
Monthly statistics report about bank draft issuance
List of unclearing Bank draft cashing
List of unclearig returned overdue bank drafts
List of unclearing bank draft transfer
Characteristics
Direct direction
The system directly connects with the modernization payment system,
making the system inside the bank link with the front end of
payment system. The teller deals directly with account business
through the terminal of counter business system. The banking inner
system directly and automatically processes account business
received to reduce the possibility of manual error incurrence.
Efficient fund clearing
The system has realized the automatic processing of payment
business sending and receiving from commercial banks, and the
message is sent one by one and cleared in real time, and the
account arrival in real time.
Definition of message format parameters
It supports the type of interface message and the way that format
is defined by parameters. It sets the rules for automatic package
disassembly and assembly. The flexible adjustment can be made in
accordance with the changes of payment system specification when
the payment system of People’s Bank is upgraded.
Comprehensive management
It provides the functions such as online money supply query,
daytime overdraft limit setting and automatic pledge financing
system. The commercial bank can query and predict the changes of
its money supply from time to time, finance the fund in time as
required, and complete the final clearing of payment business.
Strict safety and management system
It applies multiple setting modes, which contain role-based setting
( including operation duty, audition duty, authorization duty,
etc), flexibly define operation range and limitation of each
organization and operator, and forward the transaction to higher
authorization if it exceeds authorities; and set up a monitoring
window to dynamically monitor the nostro and vostro accounts and
their process information.
