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1.2 Qualifying criteria

Source: TI_Host_to_Host_Client_User_Manual_v52.pdf Document pages: 12 PDF pages: 12

selected account, it will then generate the relevant SWIFT message and send it to the requestor via the SWIFT gateway. The following statement information can be requested:

  • MT940 (Final statement, bank-to-customer)
  • MT950 (Final statement, bank-to-bank)
  • MT941(Balance report)
  • MT942 (Provisional statement, intra-day-statement)

E. Images on Demand (IOD)

The Images On Demand (IOD) solution will deliver images of cheques, cash slips and/or deposit slips, processed through your current or savings accounts. These images can be delivered directly to your LOB on a secure host protocol or via email. These images are indexed which will allow you to build your own image viewer or image search functionality on your LOB system. Alternatively, you can elect to use the image viewer provided by Nedbank.

IOD can assist you with;

  • Bank account reconciliation ie, the additional information (eg contact number of the depositor) available on the image can help you to identify irreconcilable cash or cheque transactions.
  • Risk mitigation ie, you will be receiving the image directly from the bank, removing the risk of dispatching goods or services based on fraudulent / altered deposit slip.
  • Controlling access to your bank statements ie, images can be sent to your employees so that they can make the relevant operational decisions. Your employees do not need access to your bank accounts.
  • Improving operational processes ie, employees are no longer required to contact the bank to verify the validity of a cheque or cash deposit.

You must hold at least one current or savings account with Nedbank. You must have a profile created to maintain the required profile settings.

Note: A minimum of one current account must be opened or must exist as a charge account. The account must be held with Nedbank and must be specified as the charge account on your profile

These details are:

  • Client name Your company name is required for capturing on the system.
  • Client contact details Your contact details are required for capturing on the system.