Introducing ePROTEA’s comprehensive cheque truncation and

conversion solution (CTCS) to provide the Banks and Billers the

capability to scan, convert and process cheque images or MICR
information in accordance to BNM’s IQA and Compliances including
UPI (Unpaid Items) effortlessly.
The Benefits of CTCS Implementation…

• Clearing of Cheque on T+1 Nationwide

What is CTCS all About?
• Eliminate physical movement / delivery of
cheques In early 2007 BNM has initiated the
CTCS (Cheque Truncation and
• Reduce time lag between presentation of the Cheque Conversion) project which is
cheques and realization of proceeds an image-based cheque clearing
• Eliminate unnecessary duplicate process and process and MICR data replacing
streamline the clearing process the current physical cheque
processing throughout the whole
• Enjoy extended cut-off time – Up to 9pm daily clearing cycle.
• Increase efficiency of clearing and settlement
process Implementation Timeline
• Reduce risks as cheques fate can be known on
the next working day Banks or Billers can participate as
early as October 2007 (Pilot) or April
• Long term cost savings 2008 onwards.
• Improved operation efficiency at organization’s
back-office operations

ePROTEA Chequeworks™ 2007 Solutions

• Outward Cheque Clearing System with IQA
• Inward Cheque Clearing System
• Positive Pay Cheque Identification System
• Signature Verification System
• Cheque Fraud Detection System with Fraud
Case Management System (Available in Q1 2008)
• CAR and LAR Verify (Available in Q2 2008)
Copyright © 2007 ePROTEA. All rights reserved.
Trademark Rights ePROTEA Logo and the ePROTEA product and service names referenced in this document are trademarks and service marks
or registered trademarks and service marks of ePROTEA. Other company products, names and service marks mentioned in the document are
trademarks of their respective owners. ePROTEA reserves the rights to change the specifications or other product information without prior
notice.
 ePROTEA – Your Preferred Cheque Truncation & Conversion Service Provider (SP)

ePROTEA Service Provider Model vs Conventional SP Model

Figure 1 : ePROTEA Service Provider Model vs Conventional SP Model

How are we different? Conventional model of other Service Provider

ePROTEA adopts an ASP (Application Services
Provider) model.
We will empower the Bank or Biller branches
users (or even to your corporate customers) to
self-serve and capture the cheque images
and/or MICR information at their local offices
wherever they may be - in KL or East Coast or
even as remote places in East Malaysia and
transmit the cheque images and MICR
information online to their HQ for cheques
consolidation, verification, reconciliation,
integration and posting to Bank/Biller Host
System, package before sending to BNM via
ePROTEA TPA Data Centre.
In our opinion, the conventional Service Providers
adopt a very manual process in the sense of
collecting and handling of physical cheques.
Manual processes introduce a lot of errors and
handling risks from collection to data entry when
it comes to remote areas or branches with small
cheque volumes and it is a costly affair.
The Bank or Biller loses the control process of the
physical cheques and is subjected to the
efficiency of the Service Providers.
We believe we have better CTCS deployment
model for your consideration.

Chequeworks™ 2007 is a web-based system

allowing easy accessibility from anywhere. The
deployment is easy and it can be managed by
the Bank team itself.

Copyright © 2007 ePROTEA. All rights reserved.

 Chequeworks™ 2007 can help increase the efficiency provided by
CTCS by expediting payment and receipt of funds, reduces the
operational cost through the reduction or redeployment of redundant
resources used for handling cash and cheques, and expedites the
clearing process in the whole industry.
Features & Benefits Comparison Chart

Table 1 : ePROTEA’s TPA Cheque Processing Model Benefits

Check us out immediately!

We offer to the Banks or Billers an easy ownership scheme. You can either purchase the total
solution from us including the scanners, or subscribe on a reasonable rental basis. Hurry! Contact
us at +603 - 2330 1900 for Ms Merina Lee or Mr Clement Loh today; or if you prefer
to email to us at merina.lee@eprotea.com.my or bluepanther00@eprotea.com.my
for a presentation and demonstration of our solutions.

About ePROTEA
ePROTEA Group of Companies is a Malaysian-
based enterprise software solutions provider, which

r! n
develops and markets its own intellectual property
(IP) solutions for the financial, banking and securities
a
nd Ru
market. .
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• We are a team of creative, highly-versatile and t
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technically competent professionals with a vision.
We pride ourselves as we have undertaken and
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successfully implemented large-scale projects many
times over for our prominent clients o
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delivering world-class solutions for M ub
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the banking and securities industry *

Level 29 Menara Promet Jalan Sultan Ismail 50250 Kuala Lumpur Malaysia
Tel : +6 (03) 2330 1900
Fax : +6 (03) 2330 1901
E-mail : info@eprotea.com.my
Website : www.eprotea.com.my