Introduction to Value Added Teller

Tellers, worldwide deal with routine financial transactions of the bank. Generally, teller transactions would include cash deposits, cash withdrawals, fund transfers and remittances including demand drafts or certified cheques. Tellers handle these transactions in a single currency or multiple currency environment.

Click here to understand the terms and abbreviations used in this module.

End of Day Balancing

Bank user needs an easy and efficient way to manage their own individual end of day tasks.

On a daily basis, payment operation staff will reconcile the transactions. If branch staff, do not balance these items correctly it adds additional investigative work and time to Payment Operations staff the next day.

Hence, branch or department staffs require an easy balancing process with few steps to ensure each branch or department step is done accurately to reduce the negative impact on Payment Operations.

EOD balance screen is divided into two tabs (CSR and Branch Balance screens) which assists bank user to reconcile the items easily.