Deposit Management

Configurable Solutions for Attractive Deposit Products

TrustBankCBS provides a comprehensive deposit management solution that allows BFSI institutions to offer and manage a variety of deposit products effectively.

Configurable and scalable deposit products and workflows have enabled banks to grow their deposits and maximize revenue from service charges on deposit accounts.

TrustBankCBS has enabled banks to maintain a strong deposit portfolio, which has increased their lending capacity and provided higher security for loans.

TrustBankCBS facilitates branchless banking by servicing deposit account holders through multiple delivery channels and customer service units, available anytime and anywhere.

TrustBankCBS Deposit Management complies with all Anti-Money Laundering regulations during the creation of deposit accounts and withdrawals.

TrustBankCBS Deposit Account Management Solutions operate through multiple channels including Branch Operations, Customer Service Units, and Agency Banking. The solutions strictly comply with KYC and AML regulations. TrustBankCBS offers a range of deposit management solutions such as:

  • Products and Schemes Configurator for various deposit account types
  • CASA Account Management, including opening, funding, withdrawals, interest activities, and account closures
  • MicroFinance Accounts, including compulsory savings accounts and caution money deposit accounts management
  • Term Deposit Products, including fixed deposits, recurring deposits, and daily deposits
  • Term Deposit Management, including account opening, funding, interest activities, pre-mature closure, and maturity closure
  • Banking Services including pay orders, demand drafts, cheques, anywhere transactions, standing instructions, a lien on deposit accounts, and more

TrustBankCBS facilitates Deposit Management Services through bank branches, doorstep servicing via agencies, and electronic digital banking channels, all built on a uniform TrustBankCBS platform with a common data repository. This architecture enables real-time access to deposit account information through any banking channel, anytime and anywhere. Key features of Deposit Management include:

  • Product Configurator for designing deposit products based on market needs
  • Configurable Account Codification Logic
  • Unique Account Number across the bank
  • Anytime, Any-where account servicing
  • Configurable Charges Engine with automated posting of service charges on deposit accounts
  • Customer self-service and omnichannel support
  • Seamless integration with TrustBankCBS modules
  • Simple GUI and secure solution

TrustBankCBS Deposit Management Solutions have benefited our BFSI customers in many countries globally. It has ensured seamless operations and team collaboration in servicing Deposit Customers. The value delivered by Deposit Management Solutions are:

  • Real-time availability of KYC information.
  • Effective Monitoring of suspicious transactions.
  • Risk Profiling / Categorization of the customer. Statutory AML Compliance
  • Enhanced Customer Relationship Management.
  • Elimination of duplicity of work; Efficiency in operations.
  • Comprehensive customer overview, including term deposits, shares, loans, guarantors, TDS, and more.

Insights

Investments

Investments

Solutions governed by both local and international standards, adhering to Generally Accepted Accounting Principles (GAAP) for financial accounting.

Small Finance Bank

Small Finance Bank

TrustBankCBS enables BFSI to enhance its conventional banking products and services by adding various small finance banking products.

Chandrapur DCC Bank

Chandrapur DCC Bank

Implements TrustBankCBS Core Banking Software with Clearing, Mandates Clearing System for statutory compliance, and Business Intelligence for decision support.