Hints for Setting Up Bank Charges
Setting Default Bank Charges
To define default bank charges that will be used when charges for a particular bank have not been defined, select All Banks for both the transferring and the receiving bank.
Bank Charges Search Hierarchy
The bank transfer program uses a hierarchy to determine the bank charge for a transaction. This hierarchy is illustrated in the Bank Charges Search Hierarchy table below. When you record a bank transfer, the system first searches for an exact match on bank and branch for both the transferring and the receiving bank. If no match is found, the system moves down to the next row in the table, and so on until a match is found.
Although all combinations illustrated in the table are valid, users in Japan will set up bank charges using only lines 1, 7, 9, and 12.
Understanding the search process can help you set up bank charges in the most efficient manner possible. By taking advantage of the search hierarchy, you may be able to avoid creating a bank charge record for every bank and branch combination.
For example, you need to set up bank charges for the following situations:
1. A transfer within the same bank and branch: from Tokyo Bank, Ginza branch to Tokyo Bank, Ginza branch.
2. A transfer within the same bank, but between different branches: from Tokyo Bank, Ginza branch to Tokyo Bank, Shinjuku branch.
3. A transfer between different banks: from Tokyo Bank, Ginza branch to Kyoto Bank, Roppongi branch.
4. Another transfer between different banks: from Osaka Bank, Yokohama branch to Tokyo Bank, Ginza branch.
The most efficient way to set up these charges is to create records in the Bank Charges window as illustrated in the Bank Charge Setup Example table below. Note that the last row in this table creates a default setting that is used any time the system cannot find a match (it corresponds to line 12 in the Bank Charges Search Hierarchy table).
The four rows in this table correspond to rows 1, 7, 9, and 12 in the Bank Charges Search Hierarchy table.
When trying to match each of these situations, the system first looks for an exact match on transferring and receiving bank and branch. In the case of situation 1, it finds such a match and stops searching. In the case of situations 2, 3, and 4, the system cannot find an exact match on transferring and receiving bank and branch, so it continues searching in the order in the Bank Charges Search Hierarchy table until it finds a match.
