Customer initiates remittance on Stockal.
Selects his bank from the list available. Enters account number, customer id. Rest of the info is pre-filled and uneditable.
Stockal auto-generates bank-specific LRS documentation. This is automatically filled with user details
User schedules a document pick-up
Stockal support will call and confirm the pick-up. Executive will pick-up the LRS document as per schedule, making sure it's signed in the right places.
Document will get delivered to the appropriate (customer') bank and the centralized location wherever Stockal has made the arrangements.
Stockal will generate LRS ID for user to call and check with Stockal in case of any delays. Stockal internally uses this to manage each LRS remittance with each bank.