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The
Communication System
- All banks send information
on banking transactions through a secure Internet
link to a Central Server maintained by ABC Ltd
- Information is processed
and necessary reports are generated and disseminated
to the relevant agencies of government by ABC
Ltd
A Database Software
System
- Customised application
software to allow capturing of all relevant
information
- Customised interface
between the bank's application software and
the Internet messaging system
- Automated database management
system to process data promptly
The Accounting &
Reconciliation System
- The system has created
specific codes for all tax stations, other revenue-agencies,
and all revenue items
- The system has unique
IDs for all taxpayers
- It ensures relevant
codes are properly captured by banks at the
points of payments
- It uses the codes to
reconcile data received from all relevant sources
and to generates appropriate reports
The Monitoring System
- Liaises with and coordinates
the activities of all parties to the EBS-RCM
- Monitors LIRS and the
tax station's activities
- Monitors other revenue
agencies
- Monitors other consultants
engaged in the collection of revenue
- Monitors activities
of all the participating banks
- Monitors Senior Ministry
Officials and Top Government Functionaries who
are involved in Revenue matters
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