Financial Institution Officer

The financial institution officer deposits wholesale CBDC value to the central bank issuer and transfers value to permitted participant officers and users.

Transfer actions to participants must be approved by the financial institution manager.

Before you can complete financial institution officer tasks, you must have an active Financial Institution Officer account with an available balance. Recipient and approver accounts must be active.

The following tasks are typical ones that a financial institution officer completes.

Deposit to the Central Bank

  1. Select Deposit to Central Bank Name, which opens the transfer window for an eligible bank issuer.
  2. Select an active central bank issuer and then select Transfer.
  3. Enter a Quantity to deposit. Optionally, select Purpose and then select one of the configured purposes.
  4. Review the approver or escrow context displayed by the form. When exactly one eligible manager is available, the application uses that person automatically. Select a value if multiple managers are available.
  5. Select Transfer, and then record the operation ID.

The request is placed on hold and appears in the financial institution manager’s Pending Transfers list. The central bank issuer receives the value only after the financial institution manager approves the request.

Transfer to a Recipient

  1. Select an active officer or user.
  2. Enter a Quantity within the available balance and limits. Optionally, select Purpose and then select one of the configured purposes.
  3. Review the approver or escrow context displayed by the form. When exactly one eligible manager is available, the application uses that person automatically. Select a value if multiple managers are available.
  4. Select Transfer, and then record the operation ID.

The application validates status, recipient, precision, available balance, daily limits, and approver context. Participant transfers are held for approval by the assigned financial institution manager. After approval, the transfer appears as completed in history and the sender and recipient balances update. If the transaction is rejected, the hold is released and the transfer does not settle.

Troubleshooting

If an account becomes inactive, refresh the recipients. For limit or balance errors, reduce the amount or ask the organization administrator to review the account. Do not resubmit a pending operation.