Remit Seba | Remittance management system
A secure, end-to-end Remittance Management System featuring real-time dashboards, sanction screening, and automated Bangladesh Bank (BB) reporting for modern financial institutions.
10+
Exchange Houses10M+
Transactions Processed100%
BB MIS Compliance0.5s
Processing LatencyWhy Choose Remit Seba | Remittance management system?
Why Our Remittance Management System is the Industry Standard.
- Top-notch performance tailored for your business.
- 24/7 dedicated support team.
- Scalable architecture that grows with you.
Total Visibility of Your Inward and Outward Fund Positions.
Sanction Screening
Integrated AML compliance with automated screening against global sanction lists for every transaction.
Auto Reconciliation
Automated mismatch identification and resolution between exchange house files and bank records.
Real-time Dashboard
An operational hub for monitoring inward, outward, and unsettled transactions with live fund position snapshots.
Automated BB MIS
One-click generation of regulatory reports including T_ME_D, RIT, FC-7, and monthly remittance summaries.
Core Modules of our Remittance Management System.
Comprehensive modules designed to cover every aspect of your operation.
Operational Dashboard
Real-time monitoring of inward, outward, and unsettled transactions with fund position snapshots.
Transaction Hub
Complete lifecycle management of remittance files including import, validation, and multi-bank release.
Reporting & MIS
Automated Bangladesh Bank (BB) regulatory reports (T_ME_D, RIT, FC-7) and operational analytics.
Compliance & Audit
Integrated sanction screening, high-value transaction monitoring, and full audit trail for regulatory readiness.
Reconcile Hub
Automated reconciliation of exchange house files with bank records to identify and resolve mismatches.
Incentive Management
End-to-end processing and release of Government incentives (KHA) and unsettled transaction handling.
Fund & Cash Hub
Management of remittance rates, exchange house deposits, and cash payout processing.
Master Directory
Centralized configuration for banks, branches, exchange houses, and custom file mapping.
Access Control (RBAC)
Role-based security with Maker-Checker workflows and menu-level permission management.
Backup & Recovery
Secure transaction vault for historical data retention, archival, and failed transaction rollback.
Advanced Features for High-Volume Processing
Our system bridges the gap between international exchange houses and local beneficiaries with 100% compliance
Reprocessed / Rollback Support
Tools to safely re-run failed transactions or roll back erroneous entries.
Government Incentive Release
Processing and disbursement of government-sponsored remittance incentives.
Approval & Release (To Other Banks)
Routing of funds to other banks via EFT, RTGS, or BEFTN networks.
Approval & Release (To Own Bank)
Direct fund disbursement for beneficiaries holding accounts in the same bank.
Transaction Review & Verification
Manual review step to verify transaction accuracy before fund release.
Validation & Queuing
Automated data integrity checks and transactional queuing for processing.
Remittance File Import
Gateway for importing remittance data from various external sources and formats.
Fund Availability Monitoring
Real-time monitoring of whether enough funds exist to process pending files.
Deposit Data Tracking
Detailed historical tracking of all deposit movements and balances.
Deposit Management
Oversight of funds deposited by exchange houses for transaction cover.
Remittance Rate Management
Ongoing oversight and update management of foreign exchange rates.
Data Recovery for Reconciliation & Audit
Specialized tools to recover specific datasets for audit or matching purposes.
Unsettled Principal Handling
Management and resolution logic for principal amounts not yet cleared.
Error Log Preservation
Permanent logging of system and transaction errors for future auditing.
Historical Data Retention
Configurable retention policies to comply with legal data storage periods.
Secure Transaction Vault
Highly secure, encrypted storage for sensitive transaction data.
Batch-wise Transaction Storage
Organized storage of historical data on a per-batch basis.
Transaction File Archival
Automatic archival of old transaction files to maintain system performance.
Audit-friendly Access Tracking
Logging of all user login and access activities for security compliance.
User-wise Transaction Access Restriction
Data-level security to limit which transactions a specific user can view.
Maker–Checker / Multi-level Approval
Enforcement of segregation of duties through mandatory multi-step approval.
Permission Management (Menu & Action)
Granular control over specific menu items and action buttons for users.
Role-based Access Control (RBAC)
Security framework to restrict access based on defined organizational roles.
User Profile Management
Individual profile settings, preferences, and contact details for users.
Reconciliation File Upload
Functionality to upload external bank statements for matching.
Regulatory Inspection Support
Export tools and reports specifically designed for regulatory inspectors.
Audit Trail for Transactions & Approvals
Tamper-proof logging of every approval and transaction step.
High-Value Transaction Monitoring
Dedicated compliance oversight for transactions meeting high-value criteria.
Sanction Screening Compliance
Ensuring all operations adhere to international AML and screening standards.
Bangladesh Bank Regulatory Readiness
Built-in features to ensure the system is always ready for BB audits.
Customer Data Maintenance
Regular updates and maintenance of KYC and contact data for customers.
Customer-wise Transaction History
Historical view of all transactions associated with a specific customer.
Sender & Receiver Profile Management
Comprehensive 360-degree view and management of customer profiles.
Mismatch Identification & Resolution
Tools to identify, flag, and manually resolve reconciliation discrepancies.
Reconciled Record Management
Maintenance and archiving of successfully reconciled transaction pairs.
Automated Reconciliation
System-driven matching of transaction records against settlement files.
User Directory Management
Central management of all system users and their organizational info.
Cash Payout Processing
Disbursement and monitoring of cash payments to walk-in beneficiaries.
Cash Verification
Multi-step verification of physical cash amounts before processing.
Cash Intake
Management and logging of physical cash received at counter locations.
Exchange House Cheque Management
Tracking and lifecycle management of cheques received from partners.
File Fetch & Processing
Automated retrieval of files from SFTP/FTP locations for processing.
Batch Creation
Utility for manually or automatically grouping transactions into batches.
Return Processing
Logic and workflows for refunding or re-processing returned funds.
Returned Transaction Listing
A consolidated view of all transactions that have been returned by banks.
Return File Upload
Import functionality for files containing returned or bounced transactions.
Unsettled Incentive Handling
Management of pending incentive payments that require resolution.
FC-7 Transaction Report
Specialized reporting for Foreign Currency (FC-7) transaction tracking.
Cash Report
Tracking of physical cash transactions, intake, and payouts.
Exchange Balance Summary
Summary of current balances held with different exchange house partners.
Top Remittance Sender & Receiver
Analytical ranking of the highest volume senders and beneficiaries.
EFT Return Report
Tracking of transactions returned specifically via Electronic Fund Transfer channels.
Exchange Paid Summary
Detailed summary of payments made to and from various exchange houses.
Branch Performance Report
Comparative analysis of branch-level remittance processing efficiency.
Individual Transaction History
Complete end-to-end audit trail and logs for every single transaction.
User Transaction Analysis
Performance and activity monitoring of system users and operators.
Status-wise Transaction Report
Breakdown of transactions based on current status (Processed, Pending, Failed).
Branch Distribution Summary
Aggregated data showing how remittance funds are distributed across the branch network.
Monthly Distribution Transaction Report
Analysis of fund distribution cycles and volumes on a monthly basis.
Remittance Cost Analysis
Cost-benefit analysis for transaction processing fees and operational expenses.
Cover Fund Outstanding Transaction Report
Tracking and reporting of outstanding balances within cover fund accounts.
Monthly Remittance Transaction Report
Detailed monthly aggregation of all remittance activities and volumes.
Periodic RIT Transaction Report
Automated Remittance Information Technology (RIT) report processing.
Periodic Remittance Transaction Report
Time-bound reports for analyzing remittance trends over specific periods.
T_ME_D Remittance Transaction Report
Automated generation of the mandatory T_ME_D report for Bangladesh Bank.
Fund Reports (Credit Sheet, Summary, Details)
Comprehensive reporting suite for credit sheets and detailed fund movement summaries.
Exception & Error Monitoring
Live tracking of system exceptions and errors to ensure rapid troubleshooting.
High-Value Transaction Indicators
Visual flags and indicators for large-scale transactions requiring special monitoring.
Pending Approvals & Alerts
Automated notifications for files awaiting authorization and critical system alerts.
Fund Position Snapshot
Real-time visibility into liquidity and the current position of available funds.
Inward/Outward/Returned/Unsettled Summary
Instant summary of all transaction types to monitor flow and pending items.
File & Column Mapping per Exchange House
Customized data mapping to match unique file formats from different partners.
Batch-based File Processing Support
Ability to process transactions in organized batches for higher efficiency.
Bulk Data Upload Utilities
High-performance tools for importing large datasets into the system.
High-Value Transaction Flagging
Automated tagging of transactions exceeding threshold values for review.
Sanction Screening Against Data
Real-time automated screening of transactions against uploaded sanction lists.
Sanction List File Upload
Utilities to upload local and international (OFAC, UN, etc.) sanction lists.
Incentive Configuration
Rules-based setup for government and bank-specific incentive calculations.
Deposit Data Configuration
Configuration of parameters related to exchange house fund deposits.
System Parameter Configuration
Global backend settings to customize system behavior and logic.
Remittance Rate Setup
Dynamic setup for managing real-time and scheduled exchange rates.
Customer (Sender/Receiver) Master Data
Centralized repository for maintaining sender and beneficiary profile information.
Commission Setup
Flexible configuration of commission structures for exchange house transactions.
Real-time Operational Dashboard
A centralized live hub providing a high-level overview of the entire remittance operation.
Exchange House Account Configuration
Configuration of ledger accounts and settings for each exchange house.
Exchange House Directory
Comprehensive database for managing international exchange house partnerships.
Branch Management & Bulk Upload
Tools for adding individual branches or uploading entire branch lists in bulk.
Correspondent Bank Configuration
Management of correspondent bank profiles and specific transactional settings.
Bank Directory Management
Centralized directory to manage local and international bank information.
Incentive Reports (KHA Incentive)
Reports for government-mandated incentives (KHA) disbursement and status.
File Upload & Error Reports
Detailed logs of file import activities and specific upload error breakdowns.
Gender-based Remittance Report
Demographic statistical analysis based on the gender of senders and receivers.
Urban vs Rural Report
Geographical analysis comparing remittance flows between urban and rural sectors.
Rate Report
Comprehensive report on historical and current currency exchange rates.
Who Benefits from our Remittance Management System?
Commercial Banks
Centralize inward and outward remittance flows while ensuring seamless integration with local and international payment networks.
Exchange Houses
Streamline partner communications with custom file mapping, real-time rate management, and automated transaction validation.
Branch Managers
Monitor localized performance, manage physical cash payouts, and track distribution summaries across the entire branch network.
Operations Managers
Gain total visibility through real-time dashboards, managing pending approvals, and resolving unsettled transactions efficiently.
Compliance Officers
Automate AML/CFT obligations with real-time sanction screening, high-value transaction monitoring, and full audit trails.
Finance & Accounts
Simplify complex financial workflows with automated reconciliation, fund position monitoring, and detailed credit sheet reporting.
Regulatory Inspectors
Ensure 100% readiness for Bangladesh Bank audits with pre-configured MIS reports (T_ME_D, RIT, FC-7) and historical archives.
IT & Security Teams
Maintain a secure, role-based environment with robust data recovery, archival systems, and error log preservation.
Technology Stack (Built With)
PHP Laravel Framework
MySQL / PostgreSQL
Bootstrap / Tailwind CSS
Redis for Queuing
JWT / OAuth 2.0 Security
Restful API Integration
Git / Bitbucket
Frequently Asked Questions
It is a comprehensive, PHP Laravel-based software solution designed for banks and financial institutions to manage inward and outward remittances, ensuring regulatory compliance and automated reporting.
Yes, it automatically generates all mandatory BB reports, including T_ME_D, RIT, FC-7, and Monthly Remittance Transaction reports in the required formats.
The system features an integrated screening engine that scans every transaction against global (OFAC, UN, EU) and local sanction lists to ensure AML/CFT compliance.
Absolutely. The system automates the calculation, tracking, and disbursement of the 2.5% (or current rate) government incentive for beneficiaries.
Yes, you can configure unlimited international exchange houses, each with its own file mapping, commission rates, and account settings.
It is a security feature where one user (Maker) initiates a transaction or configuration, and another user (Checker) must review and approve it before completion.
Yes, the system manages fund releases to both your own bank accounts and other banks via integrated EFT and RTGS routing.
It automatically compares exchange house transaction files with your bank's internal records to identify and resolve mismatches instantly.
Yes, built with Laravel, it utilizes AES-256 encryption, role-based access control (RBAC), and full audit trails to protect sensitive financial data.
Yes, it uses Redis-based queuing and a robust MySQL/PostgreSQL backend to process thousands of transactions simultaneously without latency.
The system includes a dedicated Return Operations module to upload return files, list failed transactions, and manage reprocessing or refunds.
Yes, the operational dashboard provides a live summary of inward, outward, and unsettled transactions along with your current fund position.
Yes, the "File & Column Mapping" feature allows you to map unique CSV or Excel formats from different exchange houses without changing the core code.
The system includes a Secure Transaction Vault that archives historical data and preserves error logs to meet long-term regulatory retention policies.
We provide comprehensive 24/7 technical support, system parameter configuration assistance, and regular updates to stay aligned with new central bank regulations.
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