Saderat Bank unveiled the “SET” system for electronic verification of assets

According to the financial news report, quoted by the public relations of Saderat Bank of Iran, the electronic asset verification system (SET) of Saderat Bank of Iran was introduced in a specialized meeting with the presence of Mehran Moharmian, Vice President of Information Technology of the Central Bank, Mohammad Jalal, Advisor to the Minister of Economic Affairs and Finance, and Mohsen Seifi, the Bank’s CEO. Saderat Iran, Yaser Moradi, executive member of the bank’s board of directors and secretary of the meeting, Homan Amini, CEO of DigiP, senior managers of Saderat Iran Bank, electronic banking industry activists and media members were unveiled at the 10th conference on electronic banking and payment systems at the Faiz Hall of the International Broadcasting Conference Center.

Yaser Moradi, in the specialized meeting of the unveiling of this system, stated that today everyone who uses credit purchases is faced with the problem of validation and collateral, and said: Collateral and financing, equipping and allocating resources in today’s world are no longer exclusive to banks and other Many companies and groups offer these services. At the same time, due to the two problems of guarantor and mortgagor, in legal issues and conditions of guarantee in banks and credit institutions, it is done according to taste, also some assets of individuals are not recognized as traditional collateral in banks today, and banks do not accept them as collateral for facilities. They refuse.

By raising the question of what is the solution, he said: Iran Export Bank’s “SET” system has provided a solution to these problems by implementing two major measures.

Moradi aims to provide collateral for all stagnant assets of individuals that have not yet been possible to pledge, as collateral for facilities, as well as solving the legal concerns of banks and institutions regarding collateral problems.

The executive member of the board of directors of Bank Saderat Iran also enumerated the various advantages of using the electronic asset verification system for all economic and governmental sectors of the country, reducing the collateralization time to less than 24 hours just by having the Sajami code, no need to visit the bank branches in person, diversity in collateralization The suitability of collateral value with the amount of facilities received and also the use of some stagnant assets such as gold, mining license, mobile sim card, end of retirement bonus, use of capital market models, making banks more agile and reducing banks’ costs are among the advantages of the “SET” system. explained.

Moradi also mentioned the liquidity of financial assets, helping to solve the problem of banks in resolving dissatisfaction, creating economic prosperity in businesses and helping the stability of the capital market as other advantages of launching the electronic stock verification system and added: This system is not only for Saderat Bank of Iran. Rather, it can be used for the entire financial industry of the country.

The executive member of the board of directors of Saderat Bank of Iran also pointed to the issuance of more than 2.5 million checks (secure digital checks of Saderat Bank of Iran), and said: Those who have checks and electronic bills can use them as collateral for receiving facilities. Up to 7 times the GPA of the account, they can use the credit in Saderat Bank of Iran, and even people’s deposits in other banks can be used as collateral in this system.

In this meeting, Mehran Moharmian, Vice President of New Technologies of the Central Bank, appreciated the efforts of managers and employees of Bank Saderat Iran in setting up this system, as well as being a leader in providing a secure digital check, Chekno, and said: Today, with the real interest rate becoming negative, the amount of demand for Receiving facilities is more than supply.
He added: micro-facilities are particularly important in gaining people’s satisfaction and the central bank follows important approaches in this field.

Explaining the importance of validation, facilitating electronic payments and securities, Mohramian said about Saderat Bank of Iran’s efforts in providing the electronic verification system of assets and the positive results of Chekno, he said: putting good intentions in the right place and following up on people’s problems creates value.

He said: “Chekno has untied many knots of people’s problems, created value, and people have welcomed it because of this, and for this reason, we appreciate the efforts made in Saderat Bank of Iran.”

In this meeting, Mohammad Jalal, advisor to the Minister of Economic Affairs and Finance, also appreciated the efforts of managers and employees of Saderat Bank of Iran to launch the “Set” and “Chekno” system, and said: Saderat Bank of Iran is a pioneer of another important event, and the Ministry of Economy helps We will make these achievements become a new biome and ecosystem.

Recalling that 11 years ago with the launch of Shapark, Satna, Paya and other technologies, the country’s cash payment system became electronic, he said: Today, banknotes have been almost removed from the country’s monetary cycle and electronic payment has become a widespread culture in the country. Is.

Referring to the approval of special laws for the creation of electronic documents, Jalal added: “Electronic payment has reached maturity, but the obligation to pay in the future does not have the necessary tools, and some challenges arise, the reduction of financial access is one of its consequences.”

He emphasized: Saderat Bank of Iran, as one of the leading banks, unveiled the electronic verification system and was able to operationally unveil this capacity, and with the unveiling of this system, we will actually witness the professional work of electronic verification.

Homan Amini, the CEO of DigiP Company, as the most important business partner of Saderat Bank of Iran in the use of the “SET” system, said in this meeting: “Credit purchases in Iran’s neighboring countries have multiple multipliers compared to cash purchases.”

He added: By using the electronic verification system, customers can be helped to complete their purchases more easily.

Stating that in recent years, customers have not had a good credit rating, he said that one of the ways to improve the coverage of credit rating is to launch an electronic verification system.

In the continuation of this meeting, the new brand identity system, Pasino application, customer club system as well as “Passto” application of Sepehr Electronic Payment Company (PAS) were unveiled with the presence of the senior managers of Saderat Bank of Iran and its subsidiaries.