UMVA Bank, the banking solution for small banks.

UMVA Bank is the internet bank solution developed for MFI's, as well as small banks, micro credits organizations, money exchange bureaus, insurance companies etc. With this solution MFI¡¦s and other organizations are able to implement a banking solution. In our experience the solution is the right answer to organizations that do not have a computerized system at this moment. These organizations need to improve the efficiency- and profit levels in order to be sustainable. The commercial banks are implementing products and solutions for the developing countries based on the existig products; they are working with a higher cost structure. Also any other organization that has members and a cash flow can benefit from the system. Examples of groups who are making a study of the system: Cooperation of Rice farmers Rwanda, Cooperation of Sugar Cane farmers in Kenya, Workers Union East Africa, Catholic Women Organization, Sports clubs, Tourist organizations, Hotel communities, Telephone companies and many more. We have developed a complete bank solution with special automated functions for the different roles in an organization, such as Bank-Reception (customer service), Cashier (Teller), Bank-Administrator, Management of the bank, Internal Auditors, Board of Directors etc, The standard reports to the different control institutes are also developed. The system will be able to support a debit card, security cards, merchant payment etc. Many small MFI¡¦s are operating on a pencil and paper methodology. With our solution these organisations can be organised in a modern way.

The solution is built in such a way that it requires a little book keeping knowledge but not as extensive as the book keeping packages require. The intuitive user interface helps the user¡¦s to work with the system and the learning curve is a very short one.

Front office Service Activities (FOSA), like
- Reception/Customer service, registration, upload Photo, scan ID card, scan signature, give account nr., special identification data, access ID to systems, training etc.
- Cashier/Teller, deposit witdraw cash, loans, depots, shares, reservations, interest bookings,
Back office Service Activities, like:
- Reception/Customer service, reports, bank accounr nr. Customer registration, Mass clients upload,
- Cashier/Teller administration,
- Administrator, bank administration, clearance, inter banking bookings, salary payment
- Manager, start- and end-of day processes, reporting, statistics,
- Auditor, audit actions
- Credit manager, loan administration

If you want to start a project with the UMVA solution please fill the form below. Together with our partners we have possibilities to fund your development project, if applicable please indicate the requested funding.

Name of the organization
What is your type of organization	Micro Credit Bank Workers Bank Money Transfer Bureau Other MFI Women Organization Cooperative Union Sports Other
Short description of the organization, main activities
Adress
Country
IN case of MFI, does your bank have a bank license?	Yes commercial license Yes local license Yes Micro credit license No
How many members has your organization
What is the type of project that you are requesting info for	New MFI Reorganization Computerization Renew ICT system
What is the budget for the project in Dollars
Will you request a fund for the project from auxfam	yes no
your email adress	*
	Fields with * are obligatory
Type the figures of the picture

UMVA Banking functionality.

Roles

The super user per bank is able to define the user rights and assigns roles to users. Each action in the system has an operation code and will receive a transaction key. The system is able to deliver any report for audit trail. The auditor (internal or external) has the possibility to make request for a single transaction or any kind of ranges.

Customer services or Reception

The reception is for the system one of the most important functions. They are the connection between the client and the system. Customers come to reception for assistance, for questions, for business support.

Register a new member

Assist member with log in
Give email and train in email system
Assist with UMVA log in
Make Photo
Scan ID
Link Photo and ID to member

Sell services

Gold member
Make eMails and letters
Bank forms
Scanning documents
Printing documents
Internet connection
Websites
Laptops & PC's
VOIP and SKYPE credit

Cashier or Teller

Is the reception most important for the relation between Client and System or Bank, the Cashier is most important for the client; their main objective is deposit or withdraws cash. In many cases this operation is taking hours, but with UMVA clients will have the possibility to request cash via the system. In that case the cashier knows what the client wants and is able to prepare the visit of the client, the client comes and take the cash, it is now a matter of minutes.

Start of the day

Automated process to start the day for the cashier

Receive Cash

Deposit from member (cash in)
Get cash from mastersafe
Get cash from bank

Withdraw Cash

Withdraw from member (cash out)
Request pay out from member
Exploitation Cost
Send cash to mastersafe
Send cash to another cashier
Send cash to the bank

End of the day

Automated process to end the day and like all cashier reports

Administration

As always administration is the bases for a bank. UMVA assists in making a journal of all the operations of the bank. The administration is real time. In the Administration function the loan or credit manager included, as well as many savings programs.

Start of the day

Automated process to start the day for the administrator, with the bank statement(s) and other data

Receive Money at the bank

Deposit from member via Credit Card
Deposit from member via Bank transfer
Deposit from Member for Salary Individual
Deposit from Member for Salary Mass
Deposit cash from mastersafe

Withdraw from the bank

Redraw from Bank (cash out) with automated clearance �with cashier
Payment of Invoice for excploitation
Payment of Intrest
Booking of advance
Booking of loan
Booking of intrest

End of the day

Automated process to end the day and make all reports
Check the balances �

Reports

All reports are made in PDF format, and are uniquely market by report r, data stamp and person who requested the report; the PDF can only be printed and is not to be manipulated as described in Sarbanes Oxley and Basel II acts.

Auditor

The internal auditor is the function that works closely with the external auditor to do the day to day audits.
There is a large list of audits that the system will assist the person to do his/her job. As the reader might understand we put that list not on internet but is available on request, please en email to

cornelis.heesbeen@auxfam.com

Manager

The manager has a need to know that all operations are well executed can make reports for that, on the other hand the manager wants overviews of the bank operations in relation to the budget and plans. The manager has an automated balance scorecard to perform this duty.
The financial reports to the authorities can be processed automatically, the reports can be tailored by the us during the implementation, or buy the manager using the report tools.

Board Member

The bard members have in some cases special tasks that they want to perform, such as setting some rates, give some authority to people. Also the reports for the financial authorities are in some cases the responsibility of the board members.