toos

Toos is designed to settle funds in Iran’s Central Securities Depository and Clearing (CSDC) system for Bank Saderat customers, moving money from client accounts to securities brokerage accounts. Depending on transaction volume and user authentication, requests are processed offline or online. Administrators assign user accounts and authorized transfer accounts. Based on role permissions and time windows, users invoke approved services. Online requests undergo initial validation and are classified as internal or interbank. Upon beneficiary confirmation, funds and fees are transferred in real time and a tracking code is generated. Failed transactions automatically refund to the custodian account. When immediacy is not required, users may upload batch transfer files. After validation and classification, accounting and treasury teams system-approve internal and interbank transfers.

Files are then sent via FTP to the service provider, and settlement results are returned and recorded. At every stage, users can monitor transaction status. The system automatically determines the optimal channel (internal vs. PAYA, SATNA, POL) and continues to provide real-time dashboards of request statuses and account balances until completion.