What is FTS Pro?
FTS Pro is Unity Infotech’s all in one solution for all the fund transfer requirements of UAE banks, NBFCs and exchange houses, adhering to all regulations prescribed by the Central Bank of UAE. FTS Pro is the funds transfer solution that improves payment and returns processing for all electronic payments within UAE. Our Electronic Fund Transfer Solution is unique that it facilitates connectivity between banks via Central bank easier to make easy domestic transactions. This application can be easily integrated with the bank’s existing core system and offers customized interfacing with diverse and legacy banking systems.
Since FTS Pro has an unique capability to differentiate foreign transfer messages from local transfer messages, the domestic transaction messages would be taken into the system for further processing and the foreign transaction messages would be routed back to the associated SWIFT system, automatically. The intelligence of this critical system in seamlessly interfacing with multiple systems has revolutionized the concept of UAE FTS. With an extraordinary 22 implementations, Unity has come out as the most trusted FTS partner for banks & NBFCs in UAE.
Why FTS Pro is the best solution for your business?
- Simple and easy domestic payments or Local Fund Transfer UAE
- Seamless posting of entries to Core banking system
- Interfaces to communicate with core banking system and other back end systems
- An efficient funds transfer systems for banks supported with multiple interfaces
- Support all types of local transfer messages
- Real-time integration with bank’s AML system
- Multiple integration mechanisms with various CBS
- Easy interface with e-Banking / mobile banking and other external channels
- Complete automation for inward payment cycles
- Wide-ranging extensive modes of integration
- 15+ years of domain expert consultants
- Conversion of standard SWIFT messages into the proprietary message format mandated by Central Bank enabling minimal changes in CBS
- Automatic file transfer to & from CBUAE
- GUI to initiate transfers from branches / middleware to messages initiated from CBS & external channels.
Upgrade to FTS Pro now!
Simplifying the Fund Transfer System in UAE
The UAE Funds Transfer System (UAEFTS) hosted by the Central Bank of the UAE has been operational since 2001. The Electronic Fund Transfer Solution facilitates the transfer of funds between banks and other financial institutions in the UAE as well as Local Fund Transfer UAE via their accounts held with the Central Bank. The objective is to offer a funds transfer system for banks that enables entities of all sizes to participate, irrespective of their size or nature of business.
In Fund Transfer System UAE, the Processing and final settlement of transfer instructions take place incessantly, in real time. Once a transfer request is processed, the funds transfer solution sends to all participants affected by the transfer
The UAEFTS offers full straight through processing (STP) of payment requests by allowing processing of given message formats by means of Secure File Transfer Protocol (SFTP). Moreover, to this UAEFTS also permits messages to be keyed-in by means of a web-browser interface named the UAEFTS Transactions & Enquiry Portal. The Electronic Fund Transfer Solution functions as Real Time Gross Settlement System allowing the implementation of transactions much quicker than the present system. Central Bank of UAE FTS supports online request, removes paper-based transactions and is operative for bulk processing of Local Fund Transfer UAE. .
Unity’s FTS Pro has a unique capability to differentiate foreign transfer messages from local transfer messages, the domestic transaction messages would be taken into the funds transfer systems for banks for further processing and the foreign transaction messages would be routed back to the associated SWIFT system, automatically. The intelligence of this critical Electronic Fund Transfer Solution in seamlessly interfacing with multiple systems has revolutionized the concept of Central Bank of UAE FTS. With an extraordinary 22 implementations, Unity has come out as the most trusted FTS partner for banks & NBFCs in UAE