Cheque Truncation System (CTS)
Faster. Safer. Smarter.
Revolutionizing cheque clearing in Zambia through secure and efficient digital processing.
Modernizing Cheque Clearing with CTS
The Cheque Truncation System (CTS) is a cutting-edge solution that enhances cheque clearing by replacing physical cheque movement with digital cheque images. This process, known as Cheque Image Clearing (CIC), ensures a faster, more secure, and cost-effective cheque processing system.
Why Choose CTS?
- One-Day Clearing – Standardized clearing across Zambia within a single business day.
- Enhanced Security – Reduces cheque-related fraud by eliminating physical handling.
- Cost Efficiency – Minimizes the operational costs of cheque processing.
- Improved Fund Availability – Enables customers to access cleared funds earlier.
- Seamless Banking Operations – Eliminates logistical and reconciliation challenges.
Overview of CTS Impact
Driving efficiency and security in Zambia’s cheque clearing process.
98%
Reduction in Cheque Clearing Time
95%
Fraud Prevention Success Rate
85%
Cost Reduction in Cheque Processing
90%
Improved Customer Fund Accessibility
Still Have Questions?
Learn how the Cheque Truncation System enhances security, speed, and efficiency in cheque processing.
Enjoy the Power of Online Payments
Financial institutions, businesses, and service providers interested in integrating with Our Systems can contact ZECHL for more details on onboarding and other requirements.