English
Why Billex?

 

 

Comparison Aspect

 

Traditional Bill of Exchange

 

Authenticity

 

  • Authenticated / verify online
  • Un-authenticated

 

Securing/ Order

 

  • Easy and Convenient
  • Online
  • 24 Hours / 7 day a week managemnt

 

  • Physical attendance at Bank
  • Waiting lines / ueue
  • Restricted to Banking Hours

 

 

Security Features

 

 

  • UV fibre paper
  • UV mark
  • Security paper / design
  • Chemical sensitive paper
  • Guilloche

 

  •  Basic security features

 

Technology Features

 

  • Hack proof
  • Norton Symantec SSL
  • ASPX

 

 

  • Limited technology   with manual   verification basis.

 

Gorvening Guidelines

 

  • UNICITRAL
  • ICC
  • (International Regulation Compliance)

 

  • Local Bill of Exchange Act
  • (Local Regulation of   Compliance)

Available Currency

  • 16 major currencies

 

  •   Limited currency

 

Customer Service

 

  • Specialized service
  • Able to contact via email, telephone & chat  Online
  • Self management control panel

 

 

  • Physical attendance in the bank

Delivery

 

  •  At the branch

 

  • At the branch

 

Service Availability

 

 

  • 24 Hours / 7 day a week  at www.ibillex.com

 

 

  • Restricted to banking Hours

 

 

Status Check

 

 

  • Online self-checking – Detailed and update  information is available.
  • Email notofication

 

  • Call Customer Service  Centre / Branch
  • Restricted  / Limited information

 

 

Privacy Level

 

 

  • Provide options to user ie. Private or Public
  • (Private – strictly for limited parties)
  •  (Public – All users having the serial and the Reference number of the Billex are able to    View)

 

 

  • N/A

 

Record Retention

 

 

  • 8 years retention period
  • Online and immediate availability

 

 

  • 6 years retention period
  • 3 to 4 working days upon formal Request.

 

 

Secrecy

 

 

  • Dedicated platform
  • Isolated platform
  • System Interaction
  • Canadian Secrecy law

 

  • Subject to bank secrecy and local law

 



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