GAPs

GTBank Automated Payment System (GAPS) is a secure web-based service that facilitates the processing of vendor, supplier or payroll payments in batches or single payments, using secured (https) connections over the Internet. It also gives you 24/7 online, real-time access to your account.

Features

• Role based system – each user is given a role with specific functions e.g. Uploader, Reviewer, Approver etc
• Multi-user solution – supports multiple users for each role
• Two-Phase Login – every user logs in with an access code in addition to a unique username and password
• Two factor token authentication – approvers are issued hardware token devices which generates a dynamic password to authenticate log-in.
• Multi-level transaction authorization – No single user can commence and conclude a transaction except otherwise stated on the account mandate
• Integrates seamlessly to alternative payment channels EFT and RTGS
• Full audit ability
• Comprehensive reports – ability to generate payment reports, approval reports etc.
• Customizable – the system can be customised to meet specific corporate requirements

Benefits

• Elimination of cheque-books
• Efficient and secure channel for making payments and collections
• Ability to initiate and monitor payments from any location in the world (in local and foreign currency)
• Ease of fulfilling your obligations in a timely fashion
• Online real-time access to your account
• Configuration flexibility to align with your payment process flow
• Financial Features
• Local Payments – Single & batch payments to any GTBank account as well as other banks

–        Payroll Payments e.g. salaries, bonuses

–        Vendor Payments etc.

• International Payments – Single & batch FX transfers to any account (local & offshore)
• Accounts:

–        Own account Transfer

–        Single & Bulk Cheque confirmation

–        Generate Account Statement

–        Online real time account monitoring