Precise Financial Systems

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A Celebration of 25 Years of Innovation

On May 14, 2019, Precise Financial Systems Ltd. threw a party to celebrate 25 years of breaking barriers in software development. From July 1992, when it got registered as PEE-AARR Consulting Limited to when it changed its corporate name in May 1998 to PFS .


iTeller is a complete suite of automated cheque lodgment and processing solution which comes with multi-functional application capability. The solution combines software and hardware to provide a scalable and state-of-the-art automation with seamless abilities for absorbing technological and operational growth in the future.

iTELLER is a trusted family of cheque capture, truncation, processing and clearing technologies. Its brand promise include:

  • In-clearing
  • Kiosk Truncation
  • Remote Truncation
  • Mobile Truncation
  • NEFT Clearing
  • National Automated Clearing System (NACS)

Interested in getting iTELLER, the best automated cheque lodgement and processing solution for your bank?


  • Consistently excellent customer experience, including instant transaction notice and charges advice where applicable.


  • High quality customer service quick, efficient and effective services, including customer’s ability to perform transactions outside banking hours.


  • Reduced time consuming manual transactions thereby enabling the cashier to focus on other customer requirement; reducing the man-hour required to attend to other customer’s need.


  • Affordable total cost of delivery
  • Effective cheques lodgment control and monitoring of cheques beneficiaries.


  • Auto double entry generation and posting.


  • Availability and dissemination of reliable and up-to-date analytics on all transactions at the terminal.


  • Local support availability.


  • Access to PFS’s wealth of experience in application systems consulting as regards cheque personalization/MICRization, cheque clearing transactions reconciliation etc.

Our Values

Our clients are our ultimate teachers and instructors, our goal is their satisfaction.

We work with utmost sincerity to our counter parties as well as ourselves.

Our work environment is conducive to germinating and nurturing brilliant ideas.

Individuals are allowed to express themselves in the manner they feel most natural. 

our clients