NATECH CREDIT TRANSFER
About Natech Credit Transfer
Natech Credit Transfer is a inter-bank credit transfer system.The SEPA Credit Transfer Scheme enables payment service providers to offer a core and basic credit transfer service throughout SEPA, whether for single or bulk payments. The scheme's standards facilitate payment initiation, processing and reconciliation based on straight-through-processing (STP). The scope is limited to payments in euro within SEPA countries. The credit institutions executing the credit transfer must be scheme participants; that is, both must have formally adhered to the SEPA Credit Transfer Scheme. There is no cap on the amount of a payment carried out under the scheme The application supports transfering and clearing orders and statements in EURO, among organisations that participate in SEPA (Single European Payment Area).
Natech's implementation
Natech Credit Transfer, implements the system as per DIAS S.A requirements and protocol. The system is an independent aplication that can support any banking system that is built on a customer based Database.
Implementation sites
Natech Credit Transfer has already been deployed at 6 Cooperative banks in Greece.
Credibility
The application follows DIAS S.A. requirements together with SEPA protocol standards. It has been designed and implemented using TŪV ISO 20022 and utilises XML messages. The development was made under TŪV ISO 9001:2000 standards. Adopting international rules and processes, Natech Credit Transfer is built to run on Microsoft SQL Server 2005 (recommended SQL Server 2008) while it is designed on Microsoft Visual Studio 2010 in object oriented environment.