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Lanzhou ICBC Bank Clearing System Project_Finance_Cases_Boya Software
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Lanzhou ICBC Bank Clearing System Project

        Lanzhou Central Subbranch of the People’s Bank decides to put into production the Bill Separation And Classification Device System which processes the bills fast and covers large area to undertake the bank clearing operation in Lanzhou region in the third quarter, making significant changes in the original same city clearing model and operational processes, involving outgoing and incoming clearing and funds settlement, the business covers all the integrated Lanzhou ICBC outlets and business processing center. To ensure the normal operation of business, connect with the same city bill separation and classification system of People's Bank, Lanzhou ICBC business processing center needs to reform and upgrade the existing same city bill exchange system and electronic seal library, and select Beida Jade Bird as the developer of this project.


        The bill exchange system shall collect scattered bills in each integrated outlet, use bill separation and classification and scanner equipments to obtain images of bills and magnetic data, through checking data, bills examination and approval, accounts processing, bill returning and other links to realize automatic centralization process. Bring into play the advantages of intensive process of business processing center, improve business process efficiency, and ensure the safety of bill processing.


        Once the system being put into production in the whole bank, it will change original manual processing of bill outgoing and incoming operation into automatic batch accounting, which can not only improve efficiency, reduce work load, but also can reduce the time for business processing, ensure the safety and accuracy of bill processing, based on the centralized processing of same city bills, gradually develop the counter cash universal deposit and encash, bill value-added service, image minimization management and query. At the same time, the system will not exchange the Local Transferred Bill through People’s Bank, which greatly reduce the cost of exchange, achieve the purpose of cost savings, and also increase the bank’s intermediary business revenue.

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