Al Faris International
Remittance System

As a global payment processing solution, Remittance System delivers advanced payment management and execution that helps streamline banking operations and positions financial institutions for the next generation of payment evolution. Remittance System is offered as a hosted solution in Al Faris’s secure data center or in-house.

By providing a set of independent business application services orchestrated to meet a bank’s specific processing requirements, Remittance System can operate as a payment engine for multiple payment types – high-value or low-value or an enterprise solution for internal and external global messaging. The solution can be packaged to meet the distinct processing requirements of different customer segments – small business, large corporates or correspondent banks.

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