This module will not be further enhanced. Support is limited to defect fixing only.

Introduction to e-Cheques Acceptance & Lodgement

e-Cheque is an electronic counterpart of paper cheque which are issued and collected by banks in Hong Kong. This module covers processing presentment file and lodging the e-Cheques.

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

e-Cheques

The solution allows users to compare or verify the data of the presented e-Cheque from the e-cheque portal against the payee account and identity the account records from the Presentment Validation Detail screen from Temenos Transact.

This functionality allows users to confirm, accept or to reject the presented e-Cheque as the payee bank.

For the accepted e-Cheques, transaction bookings will be automatically posted by the system. No advice will be generated to the customer.

Based on the e-Cheque rejected entries, Temenos Transact will generate the Presentment Return files to the Hong Kong Interbank Clearing Limited (HKICL) around 18:30. The overall process will be completed before 19:45.

The Clearing House requires to send the Presentment Return file to HKICL before the deadline at 19:45. Now, the sending time is around 18:30. Total 4 Presentment Return files are sent to HKICL on a normal business day.

New fields have been introduced into the TELLER application to store the data from the incoming file received from HKICL.