Inward Clearing Solutions


SMARTINWARD™ is a cheque clearing system designed and developed to provide banks and financial institutions issuing cheques with comprehensive in-house solution for inbound cheques from Clearing House to banks or financial institutions’ head offices or branches.

SMARTINWARD™ accommodates and creates a streamlined workflow of the end-to-end process of inward clearing processes, starting from MICR code reading, internal Cheque Sorting, Cheque Image Capture, to Cheque Verification. Eliminating redundant process while ensuring the security of the processed cheques, SMARTINWARD™ speed up inward clearing processing time and minimise cheque fraud.

For further process and approval, SMARTINWARD™ enables user to verify cheques and signatures, by giving the user access to the database so that he or she can compare and match the data automatically saved from scanning with the electronic clearing data (ECD) received from ACH.

With fewer sources (manpower), efforts and operational cost required, SMARTINWARD™ offers total control over and improves manageability of the overall inward clearing process at low investment cost.

The application has been successfully integrated with the following machines:

Key Features & Functionalities:

  • Auto-feeder & auto-hopper
  • Automatic and hi-speed MICR reader
  • Dual side image capture
  • Colour
  • Grayscale
  • Black and white
  • Endorser
  • Multiple pocket sorter to sort cheques based on configurable criteria
  • Flexible System Integration
  • Standalone (offline)
  • Network-Integrated (online) with signature verification system or core banking application
  • Reporting functionality based on configurable period:
  • Daily
  • Weekly
  • Monthly
  • Database search
  • Data export facility
  • External Devices Compatibility
  • Various preliminary proof alternatives to anticipate potential damage and loss of statement
  • Microfilm / microfiche
  • CD-ROM
  • DVD
  • Built-in reject system (return cheque broadcast system to all branches)


  • Simplify and streamline the inward clearing cycle
  • Speed up the inward clearing process to meet the window time
  • Reduce operational cost
  • Create organised cheques repository
  • Optimise business performance
  • Improve customer service
  • Evaluate business performance based on the reports generated by SMARTINWARDTM
  • Enhanced corporate image