The OBS-KKT module caters for the comfortable handling and management of all current accounts, primarily client and bank ie. Nostro accounts. Amongst others the following functions are contained:

• Flexible account master data management
• Realtime client and nostro account disposition
• Automatic creation of daily and periodical statements
• Letter, fax, email
• HBCI/Multicash
• SWIFT MT940/MT950
• Management of hierarchised value-balanced limits and prebookings
• Cheque management including returns
• Automatic nostro reconsiliation (matching MT940/MT950)

OBS-KKT offers various online query possibilities including:

• Actual balance inquiry (book, value and cleared balance)
• Historical balances
• Future dated balances
• Transaction enquiries with multiple criteria including booking and value dated, turnover type, amount, currency, etc.

The management of account conditions in OBS-KKT is extremely flexible. All possible interest rates, fees, charges and provisions can be combined into standard and / or individual condition types. This includes:

• Debit / credit interest (staggered by balance)
• Overdraft interest
• Postage fee, statement fee, turnover fee, etc.

Account condition changes can be done individually per client, for a group of accounts or as a global change (e.g. increase or decrease base rate).

Periodical account closing is automated and the account closing can also be done realtime by the client advisor. The transfer of account closing to other accounts is also possibe, as is the compensation between accounts. Accruals can be calculated, booked and shown as per your requirements (e.g. daily, monthly or quarterly).