8.1.5.4 BC Payment Reversal

The Teller can use the BC Operations screen to make the reversal of payment for BC. Reversal of BC Payment is not supported through Electronic Journal/Service Journal.

To make the reversal of payment for BC:

1. On the Homepage, from Teller mega menu, under Remittances, click BC Operations or specify BC Operations in the search icon bar and select the screen.
   The BC Operations screen is displayed.

   Figure 8-11 BC Operations - Payment Reversal

   
   

   
   Description of "Figure 8-11 BC Operations - Payment Reversal"

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

   Note:

   The fields, which are marked with an asterisk, are mandatory.

   Table 8-11 BC Operations (Payment Reversal) - Field Description

   Field	Description
   Operation Type	Select the type Payment Reversal from the drop-down list.
   BC No	Specify the BC number of the instrument.
   Issue Branch	Select the branch code where the instrument is issued from the LOV.
   Reversal Details	Specify the details under this segment.
   Liquidation Mode	Select the liquidation mode from the drop-down values.
   Liquidation Date	Select the liquidation date.
   Narrative	Displays the default narrative as BC Payment Reversal, and it can be modified.

3. Specify the charge details. For information on the fields in the Charge Details segment, refer to Add Charge Details.
4. Click on the View BC Details data segment to view the additional details of the BC.

   Note:

   This data segment is non-editable.
5. 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.

   On transaction submission, the system will hand off the details to the payments product processor (Oracle Banking Payments) for processing. When you get a success notification from Oracle Banking Payments, the system will update the transaction status as Success and mark for charges accounting handoff. The transaction accounting is not applicable for the transaction. In case of reject notification from the Oracle Banking Payments, the system will discard the transaction.