3.3 Benefits of the PTI to your business¶

Source: TI_Host_to_Host_Client_User_Manual_v52.pdf Document pages: 50 PDF pages: 50

Note: This is provisional data only and not yet confirmed transactions, which you can rely on for operational reasons eg the release of goods. You will not be notified on transactions that are not processed on a Nedbank online channel eg payments from agent banks, debit orders, etc.

3.2 Key features of PTI

a) Provisional transaction information can be sent to you in real time or near real time .

b) You will have the option of receiving an end-of-day file that will contain all transactions sent to you during the day.

c) Delivery protocols are available for PTI.¶

d) A selection of file formats e.g. Multicash and SWIFT, are available to you.¶

e) You can define the timeframe in which you want to receive provisional transactions e.g. 08:00 to 14:00 daily.

This product creates greater value for your business, beyond other services you may have with the bank. It enables you to manage your day-to-day operations more efficiently by providing information that will allow you to:

a) Reactivate services¶

b) Update key transactional activity in the relevant accounts¶

c) Improve forecasting¶

d) Manage day to day operations¶

Estimate your daily cash flows
Estimate the close-of-business balances in your accounts
Track your own customers' payments
Dispatch goods in accordance with your business function

e) Fraud and risk awareness¶

You will be able to identify any unauthorised activity on your account

f) Convenience¶

Regular updates of key transactional activity in relevant accounts.
Inventory control / goods dispatching
Provisional transaction information sent directly into your LOB systems to assist you in automating operational processes. (Finalised statement information can be