GiftsWeb is a powerful electronic banking platform designed to replace older cash management systems and works with any integrated bank payment and/or accounting system. Available 24–7, this web-browser based system has been implemented by many banks to help them deploy their internet/intranet banking strategies.

Each of the three modules of GiftsWeb serves as a complete solution to meet our clients’ diverse requirements. The modules are as follows:

Transaction Inquiry

• This module dramatically improves customer service and substantially reduces investigations.
• It allows corporate, private customers, branches, head office and correspondents to perform their own inquiries on payments and telecommunication messages processed into or out of their account.
• Payment inquiries can be performed directly by the customer independent of any bank staff involved.
• Eliminates many customer inquiries as full details of any payment (including Fed IMA/OMAD and CHIPS SSN) and all reference and parties are displayed and can be printed.

Balance Statement Inquiry

• This module provides client access to a statement for all of their accounts.
• The balance statement displays opening balance, a summary of total debit and credit transactions and the present account balance. During the processing day, debit and credit transactions are applied to this balance statement within seconds of their being completed by the bank.
• Full details of any transaction are displayed and can be printed for future reference.
• A database of previous customer statements with full details is available for historical statement inquiries and account reconciliation purposes.

 Payment Entry (coming soon)

• Payment Entry provides a secure mechanism to directly enter payments using the internet or bankwide intranet.
• Direct customer payment entry eliminates fax payment from branches, corporate and private customers, tested telexes from correspondents and reduces manual preparations and errors.
• GiftsWeb Payment Entry Module now supports the following:
  – Customer transfers
  – ACH debits/ACH credits
  – Bank to bank transfers
  – Check payments
  – Foreign currency payments
  – Repetitive and non-repetitive payments
  – Completed customer payment download