Bank Connectivity

Integrating Cloud-Based ERP Systems

Data Connectors

Funds are distributed through an international payment network using XML and Rest API combinations.

  • Bridge REST APIs with SQL.
  • Access Data in the Cloud or On-Prem
  • Get Tailor-Made Connectors

How Does it Work

  • Step 1. Bank members securities are underwritten and stored as a receivables via open bank XML or JSON API and then book transfer to members payable cash account at bank.
  • Step 2 Funds are cleared with back office Compliance as a Service CaaS and held at Bank as a digital instrument in parallel with storage card or QRC account.
  • Step 3 Member instruct and authorize HSC Clients to transfer data virtually, from cards magnetic tape, or chip as credit or debit transactions.
  • Step 4 Clients issue a command with data processor via QR code using XML and Application Programming Interfaces (APIs) for virtual or physical transfers for members.

Transfer and Reporting

  • Making funds transfer decisions and orders
  • Automatic email notification of file creation -interface to SMTP servers
  • Export Reports to Excel, Word, or PDF
  • Full online and transparent audit trails

Security

  • Risk Management & Due Diligence
  • Investment Compliance
  • Chief Financial & Fiduciary Service

Transfer Overview

Banks generally separates its transfers into high and low value streams:

  • High value transfer (inter-payments) 
  • Low value transfer (external retail payments).

High value transfer are settled instantly H2H P2P, B2B. Low value payments are batched and settled generally via ACH at end of day or 1 to 3 days.

Hill Scott Corporation offers direct custodial and liquidation of family investment securities on behalf of its members and associates, using electronic payments and bank communication. It ensures its service and assets through private commercial surety, guarantee of agreement, and assurance of net settlement. Its members engage in proprietary and commercial trade on an exclusive basis on their own behalf in compliance with International and United States Commerce Trade 15 USC ยง 78c.

All rights and reserve to the Hill Scott Corporation 2025
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