The summarized conclusion coming from broad experimental data is that physical and chemical factors, whose influence on BC have been studied, do not have any relationship with the mechanism of BCTS, but only play a synchronizing role.
Overall experimental data from studies of BCTS mechanism do not permit to arrive to a single conclusion regarding the physical foundation of BCTS.
When a customer deposits a cheque, a bank provides the customer with a deposit slip generated by the BCTS.
When a bank returns any unpaid cheque also, the customer receives a cheque return advice generated from the BCTS from his bank," he said.
generates a timed deposit slip with a unique reference number.
Buhijji said the CBB is closely monitoring the operations of BCTS
to ensure its expected efficiency and robustness is not compromised.
CBB executive director of banking operations Shaikh Salman bin Isa Al Khalifa said that the implementation of BCTS
is a national initiative to modernise and improve efficiency of cheque clearing in Bahrain, in keeping with global trends.
Key partners of Business Objects include: 3io Tecnologias, Venezuela; BCTS
, Peru; Decision Warehouse, Brazil; Grupo ASSA, Mexico, Brazil, and Argentina; KP&P, Chile; Meta Data, Mexico; Pampa Bytes, Argentina; and Unibase in Columbia to name a few.
specializes in electronic business strategies, enterprise resource planning systems, and customer relationship management systems.
The new partnerships with DBA, Equipex, DCL, Xamai, S&A, and BCTS
are the latest additions to the company's recently announced initiative to form strategic relationships with value-added resellers and technology and consulting partners across the globe.
will swap the existing paper-based cheque clearing system in the kingdom with an entirely automated image-based cheque clearing one.
The existing paper-based cheque clearing system in the kingdom will be replaced by BCTS
with a fully automated image-based cheque clearing one.