HomeCash

HomeCash is a multi-bank and multi-user product of electronic banking intended for private persons and small and medium-size companies. In terms of functionality and data format, it is compatible with MultiCash Classic and supports also the same communication channels.

HomeCash offers the following functionality:

• Payment orders with the possibility to use groupes for different kinds of payments
• Use of the common form for an easy entering of payment orders
• Easy entering of recipients with the use of auxiliary databases
• Creation of recurring payments with the possibility to enter and change the frequency of sending
• Support for decision-making, using the “daily cash flow"
• Simple and safe communication with the bank
• Check of the received statements using a well-arranged form
• Display of detailed information about individual turnovers by clicking the mouse
• Account statements in the form of a table or graphic displaying
• Creation of export files for accounting purposes
• Possibility of import of payment orders
• Possibility of activation of user administration (password/access rights), if required
• Assignment of account groups to individual users
• Electronic signature

Information about the statement of accounts

HomeCash offers a number of optional functions for evaluation of account balances, including detailed information about individual transactions received from the bank.

• Table form
• Reports containing bank statements, general overview of transactions, details displayed for individual transactions etc.
• Graphic presentation

• The latest statement, including the date and number of the statement, received from the bank is displayed.
• Older account statements are displayed after selection of the respective data in the “Account statement date” field.
• The respective account statement may be printed or deleted. The system allows tracing of a certain transaction within the statement and its printing, if necessary.
• The layout of the bank statement corresponds to the form used by most banks.

Creation of a payment order is quite easy and intuitive, the mandatory fields are highlighted in colour, the form corresponds to a hardcopy order.

Cash Flow Management – Payment orders with the status "due" are available for planning of the daily cash flow and thus allow using the current information of account statements received from the bank. It is possible to choose the account that will be used for payment and thus minimize the potential debit interest.

Communication - HomeCash offers several possibilities of communication between users and the bank.
Data may be communicated to the bank by means of the network X.25, ISDN, Modem or through Internet (TCP/IP).
Communication is secured in the Czech and Slovak Republics by the MCFT protocol. The protocol incorporates compression and 3DES encryption during transmission, authorization, online verification and securing, with replacement of the key after each communication, payment orders are signed by electronic signature.

Installation of the HomeCash product is quite easy and may be done by the user. HomeCash may be installed locally or within a network.

Access rights - it is possible to define individual users of the system, including the access rights. The users may be included in the groups with the same access rights.

Electronic signature - The function of electronic signature allows signing of the file of payments to be sent, electronically by means of the user´s RSA secret key. This ensures irrefusability and incontestability of the payments made. The electronic signature module allows generation of the user´s common and secret key during installation and its later change, as the case may be. 

Receiving of text messages - HomeCash allows an automatic receiving of text messages from the bank together with downloading of account statements. After downloading the messages, the system will display information about the number of messages received. The message can be easily displayed on the screen or printed. In this way, it is possible to send from bank general information;, the note of exchange or information about interest rates and other information to clients.