Comprehensive Infrastructure for Banking Network Connectivity

Comprehensive Infrastructure for Banking Network Connectivity

This infrastructure is utilized in the areas of receipts and payments to manage and control all transactions, including premiums, installments, claims, appraisal fees, and similar activities across various insurance operations and accounts of insurance companies. As a result, the correct cycle of financial transactions is automated through the diverse components of this structure.

The Comprehensive Infrastructure for Banking Network Connectivity enables all payment and receipt operations within the Bonyan Comprehensive Insurance System to be carried out in the shortest possible time and with minimal user intervention.

Key Components of the Comprehensive Banking Network Connectivity Infrastructure

Ability to Define and Assign Various Deposit Identifiers

Integration of Diverse Banking Services for Use in the Insurance System

Capability to Upload Statements via Web Services and Files

Special Payment Order Functionality

Interbank Transfer Capability

‌Benefits and Advantages

Enhanced Security

Simplified and Agile Communication Between Insurance Companies and Banks

Expansion and Increased Speed of Services

Satisfaction of Insurance Companies and Stakeholders

Financial Subsystems

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Receivables

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Payables

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Accounting Document Generation

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Commission Calculation and Payment

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Bank Reconciliation

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Digital Banking Connectivity Infrastructure

Technical Features

Ability to Define and Assign Various Deposit Identifiers
Capability to Upload Statements via Web Services and Files
Special Payment Order Functionality for Managing Various Payments
Interbank Transfer (PAYA) Capability for Managing Various Payments
Development of a Unified and Dynamic Platform for Ease of Use
Development of a Dynamic Infrastructure for Integrating Diverse Banking Services
Automation of Insurance Operations Related to Banking Transactions
Automatic Synchronization of Banking and Insurance Information, Both Online and Offline
Integration of Diverse Banking Services for Use in the Insurance System
Capability for Separate and Unified Use of Bank and Representative Fund Statements
Reduction in Implementation Costs for New Required Services