Remittance process diagram

RemitONE MTMS

The RemitONE MTMS is a complete end-to-end money transfer management solution by RemitONE that is feature-rich, incredibly scalable, highly reliable and very easy to use.

The following are some of the many advantages of using the RemitONE MTMS:

Simplified Core Accounting Activities

Clients can monitor their numbers in real-time via the RemitONE MTMS’ advanced profit-loss calculations displaying the profit each transaction makes as it is created. Clients can also plan currency purchases to offer better rates to customers, thereby eliminating the need to do guesswork. They can also define a whole array of business rules for the RemitONE MTMS to execute core accounting tasks. Advanced credit control features enable clients to effectively manage their agent network and not worry about chasing agents for payment.

Seamless Task Automation

Every stage of a transaction occurs within the framework of the RemitONE MTMS; hence the number of errors arising from manual systems is eliminated. Each transaction is tagged to enable tracking capability at every stage to rapidly identify and rectify errors.

Advanced Remittance Delivery Options

Clients using the RemitONE MTMS can offer a variety of transfer types to customers including bank & card transfers, cash collection and home delivery. The clients can also setup several delivery services such as spot cash (within minutes), same day, next day and five day services, each with varying pricing levels.

Advanced Security and AML Compliance

The RemitONE MTMS is secure, mature and AML compliant. The advanced AML compliance checking and reporting features include:

• Generating unique customer IDs
• Remitter and beneficiary velocity checks
• Storing scanned images of documents
• Name-checking against OFAC blacklists
• Setting per corridor thresholds to flag compliance checking on transactions

Third-party Integration Services

The RemitONE MTMS can be integrated with established MTOs like Express Money and Instant Cash. Clients can utilise the agent network of these MTOs to offer services to customers in places where they (clients) have not got their own agents.

Worldwide Corridors

Companies of all sizes are using RemitONE's online money transfer software every day to transfer money all over the world.

The RemitONE MTMS is being used by small and large banks, MTOs and other financial organisations in various corridors across the world. RemitONE’s global presence guarantees clients instant access to RemitONE staff for support and other services.

RemitONE have offices in:

• London, UK (HQ)- Europe and Africa
• Abu Dhabi, UAE - the Middle East
• Asuncion, Paraguay - South America
• Singapore - Asia and South-East Asia
• Toronto, Canada - North America