Maintenance of Inter-Currency Positions

Bankwireprocessing Banking System has a unique feature of true multiple currency accounting, in which, while keeping the IFRS compliance as standard, each currency is given its own ledger structure. This helps in maintaining the inter-currency position and the balance sheet of the customer simultaneously.

Classification of Accounts

Just like any normal banking system, Bankwireprocessing Banking System also provides a wide range of bank accounts that include money market and savings, current accounts, securities accounts, deposits and loans, and commodities accounts. Moreover, in order to show debit card statements, the system also supports non-posting memo accounts.

Calculation and Processing of Interest

When it comes to determining the interest rates, the system is quite multi-functional. It can calculate the rate and type of interest to be paid by the customer, by considering the balance in their accounts. Moreover, it also supports structured investment products. In this type of schemes, the interest rate and the length of interest are pre-decided.

Bankwireprocessing Banking System

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Building your business growth & prosperity

We aim to develop productivity and innovation

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    • The solutions are formulated to work for both, large and small businesses
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    • The designers’ thorough understanding of the market allows the company to emphasize on regulatory issues like KYC and AML.
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    • Bankwireprocessing solutions are standardized on Microsoft platforms, which improve ease of deployment, maintenance, and support.
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    • The company serves a wide range of markets, from Banking, Trust Accounting, Investment and Portfolio Management, and more.
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    • Providing assistance to clients in opening bank accounts and understanding its terms and conditions.
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    • Making a comprehensive hosting software that includes both hardware and software solutions.
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    • Constructing websites, especially for e-shopping; that are captivating and engaging enough to attract potential customers.
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    • Providing assistance in issuing different types of payment cards, which include debit, credit and co-branded payments cards.
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    • Interfacing with AML outsourcing agents.