Checkad
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Checkad

Checkad

  • Activity: Banking & infrastructure services
  • Execution trustee : Tata Co

Checkad (secure digital check) Bank Tejarat

Field of activity: banking and infrastructure services

Execution Trustee: Iranian Trade Electronic Communications Development Company (TATA)

Project Description:

Digital check is a new type of check that has more speed, accuracy and security in performance and cashability than paper checks, and all the rules of paper checks are applicable to it and is validated with an electronic signature.

Checkad system was created with the aim of creating a safe platform between banks to provide digital checks and solve the problems of physical checks. By using the services provided by the checkad system and implementing processes, banks can offer digital check services to their customers.

Tejarat Bank is one of the first banks equipped with check codes and connected to the Central Bank check code system.

Headline of the most important actions:

production of business check writing system (group assignment with the image of valuable customers)
Launching the first phase of the centralized SMS management platform in the Czech area
Development and operationalization of the secure digital check system (checkad) in the comprehensive check system
Launching the first phase of production and use of post company services in the centralized engraving system
Complete setup of bank check/guarantee in the management system of bank and interbank checks