GRS : Global Remittance Suit Module.
SetexPro Global Remittance Suit (GRS) is a web-based solution allowing the Remittance House and Financial Institutions to provide end to end remittance services. The system provides front end and back end modules to facilitate processing of remittance transactions and tracking the status of the transactions online. It also allows the registered agents/Banks branches to remit the transactions on behalf of the remitter by making payment to receiver and to update the status of the transactions. The solution has inbuilt KYC (Know Your Customer)and AML (Anti Money Laundering) module based on Central Bank guidelines to perform the necessary checks on both remitter and receiver. It also comes with comprehensive user management module using which the administrator can control the access control at a fine-grainedlevel. The remittance system will have the capabilities for Remittance Service Provider to monitor all activities from Malaysia once the remittance transaction is disseminated to the respective bank/agents to ensure that the remittance transaction iseffected to the intended receiver in the respective country. It also comes with comprehensive user management module using which the administrator can control the access control at a fine grained level. The solution can support multiple branches and multi-currency environment.