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5.2 Key features of IOD

Source: TI_Host_to_Host_Client_User_Manual_v52.pdf Document pages: 76-77 PDF pages: 76-77

4.11 Frequently Asked Questions (FAQ)

Q: How many instances can be setup on a profile? A: You can setup 9999 different FTI instances on a single profile.

Q: How many recipients can I have on each instance? A: You can add up to 10 recipients on an instance.

Q: Is pricing Volume Based? A: Yes, pricing can be tiered but pricing needs to be discussed with your transactional banker.

5.1 What is Images on demand?

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 sear ch functionality on your LOB system. Alternatively, you can select 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 require d to contact the bank to verify the validity of a cheque or cash deposit.

A. Image Viewer

Nedbank will provide you with an Image viewer to enable you to view the images sent.

B. Search images

You can search for images using either the amount of reference (narrative) on the deposit or cheque as your search criteria.

C. Types of images

  • You have the option to receive the following images:

Cheques only or Deposit slips only or Deposit slips and associated cheques and/or cash slips

  • When selecting "Deposit slips only" or "Deposit slips plus associated cheques and/or cash slips" you have the following options to choose from:

All deposits or Cash deposits only or Mixed deposits/cheque deposits

D. Delivery methods

You can choose from among the following delivery methods:

  • Email
  • SFTP
  • Connect: Direct
  • Swift FileAct

E. File delivery frequency

IOD files are sent daily.

F. Time preference

IOD files can be sent between 15:00 and 22:00, you have the option to choose a time ie

1
15:00, 16:00, 17:00, etc.

G. IOD Instances

An instance is a grouping of accounts and preferences. You have the ability to setup multiple instances to receive images. These instances can be customised to receive images on specific accounts, sent via specific delivery methods.

Example: You can set up an instance and name it "Host IOD". This instance can then be customised to images via one of the Host delivery methods. A second instance can be set up and name it "Email IOD". This instance can be setup to receive Images via Email.