5.1.1 BC Issue Against Account

The Teller can use the BC Issue Against Account screen to issue a BC against the CASA of a customer.

To issue a BC against the savings account:

1. On the Home page, from Teller mega menu, under Remittances, click BC Issue - Account or specify BC Issue - Account in the search bar and select the screen.
   The BC Issue Against Account screen is displayed.

   Figure 5-1 BC Issue Against Account

   
   

   
   Description of "Figure 5-1 BC Issue Against Account"

   
   
2. On the BC Issue Against Account screen, specify the fields. For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 5-1 BC Issue Against Account - Field Description

   Field	Description
   Issuing Bank Code	Specify the code of the issuing bank.
   Issuing Bank Name	Specify the name of the issuing bank.
   Issuing Branch Code	Displays the code of the logged-in branch.
   Branch Name	Displays the description of issuing branch.
   Payable Bank Code	Select the payable bank code. The list of values contains the bank codes maintained using the External Bank Code Maintenance screen. Note: To remit funds within the same bank, select the logged-in bank code as payable bank code. To remit funds across banks, select the necessary bank code as payable bank code. The Payable Branch Code and Payable Branch Name fields will be enabled after user specify the Payable Bank Code.
   Payable Bank Name	Displays the name of the selected bank code.
   Payable Branch Code	Select the branch code of the payable bank. The list of values contains the corresponding branch codes maintained using the Bank Code Maintenance screen.
   Payable Branch Name	Displays the branch name of the selected branch code.
   BC Amount	Select the BC currency from the drop-down list and specify the BC amount.
   BC Date	Select the date that needs to be mentioned in the BC. Note: By default, the current posting date is displayed.
   MICR Number	Specify the MICR number and validate. If not specified, the system generates the MICR number based on the maintenance setup.
   BC Number	Specify the BC number.
   Payee Details	This section displays the following fields.
   Payee Name	Specify the payee name on which the BC is drawn.
   Payee Address	Click Address Details button to view the customer address. Note: For the field-level description of the customer address, see Address Details.
   Identification Type	Select the identification type of the payee from the drop-down list.
   Payee Identification Number	Specify the identification number of the payee.
   Narrative	Displays the default narrative as BC Issuance Account, and it can be modified.

3. Click on the Funding Details data segment.
   The Funding Details data segment is displayed.

   Figure 5-2 Funding Details

   
   

   
   Description of "Figure 5-2 Funding Details"

   
   
4. In the Funding Details data segment, specify the fields. For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 5-2 Funding Details - Field Description

   Field	Description
   Drawer Account	Specify the account number of the customer who has requested the BC.
   Drawer Name	Displays the name of the specified drawer account number.
   Check Number	Specify the check number of the drawer account. Note: The system validates the status of the check and prompts an error message if in case of a Used or Stopped or Invalid check.
   Check Date	Specify the date as mentioned in the check.
   Exchange Rate	Displays the exchange rate used to convert the BC currency into account currency, and it can be modified. Note: If the transaction currency is the same as the account currency, the system will display the exchange rate as 1. This field is displayed only if Multi-Currency Configuration at Function Code Indicator level is set as Y.
   Account Amount	Displays the transaction amount converted in terms of account amount based on the exchange rate. Note: This field is displayed only if Multi-Currency Configuration at the Function Code Indicator level is set as Y.
   Mode of Charge	Select the mode of charge from the following drop-down values (Account or Other Account).
   Charge Account	Specify the charge account number. The following conditions apply based on the value selected for Mode of Charge: If the Mode of Charge is selected as Account, the system will default the Drawer Account. If Mode of Charge is selected as Other Account, the user needs to manually capture another account number for collection of charges. This account needs to belong to the same currency as the Drawer Account Currency.
   Total Charges	Displays the total charges applicable for the BC issuance. Note: This field is displayed only if Total Charges Configuration at the Function Code Indicator level is set as Y.

5. Specify the charge details. For information on the fields in the Charge Details segment, refer to Charge Details.
6. Click Submit.

   A teller sequence number is generated, and the Transaction Completed Successfully information message is displayed.

   Note:

   The transaction is moved to authorization in case of any warning raised when the transaction saves.

   When user submit, the transaction details are handed off to the Oracle Banking Payments system for instruments processing with external system status as Pending.

   After the transaction is processed and responded from the Oracle Banking Payments with appropriate status, the Teller selects the transaction from Journal Log and completes the transaction.

   Note:

   System shall automate the completion of payment transactions from Journal log, once the Success notification is received from Oracle Banking Payments based on the flag Auto Processing as Y in SRV_TM_BC_PARAM_DTLS. (When Auto Processing is N, then Maker-Checker-Maker-Maker and when Auto Processing is Y then Maker-Checker-Maker).