Manual reconciliation of every remittance against shifting SBP rebate criteria is slow, audit-fragile and labour-intensive. We turn the whole cycle into a query, not a rebuild.
The manual rebate-claim cycle ties up Finance and Audit teams every month: checking eligibility against complex SBP criteria, downloading FX rates by hand, hand-preparing SBP annexures: without producing the data needed to grow market share. It satisfies a regulator, and nothing else.
Remittance Analytics came out of that same monthly grind: SBP requirements change “from time to time,” and every new circular used to force a fresh MIS rebuild. We built the layer that turns a circular into a query instead.
Two stages, run on top of the raw transaction data your core banking system already has. Settle turns it into a certified claim; Understand turns the same data into a view of the business behind it.
Every transaction is filtered against SBP eligibility criteria: threshold, split-transaction detection, and the monthly cap per remitter-beneficiary-OCE pair.
Claim value is computed per transaction against the applicable rate, consistently, with the working preserved.
A CBS-ready settlement file is produced, gated by an “Audit Certified” status before it ever reaches submission.
SBP’s ad-hoc reporting requests are met through natural-language queries: every new circular becomes a question, not a rebuild.
Corridor performance, OCE share and inflow patterns are surfaced from the same underlying data.
Those patterns feed FX advisory back to the corporate book, turning a compliance process into a source of strategic insight.
The problem, the way it’s handled today, and what changes once Remittance Analytics is running.
From a regulatory burden to a competitive advantage: the same data that satisfies SBP audits drives a platform for better client intelligence.
Speak to the team