2.2.5 Uncollected Funds

As part of Uncollected Funds, the Manual Release option allows the user to manually release all the uncollected funds.

Uncollected funds are funds that become available to the customer for withdrawal after a specified time interval.

The availability information is maintained for each kind of transaction at the Bank, represented by transaction codes. The Bank can release uncollected funds before the value date is reached based on the customer request. This screen displays a summary of all uncollected funds, available dates, and the cumulative amount present against a customer's account.

This topic contains the following subtopics:

• Manual Release
  This topic describes the systematic instructions to manually release all the uncollected funds.