- Teller User Guide
- Remittances
- Demand Drafts
- DD Operations
- DD Revalidation
8.2.5.2 DD Revalidation
The Teller can use the DD Operations screen to revalidate an instrument that is in expired status.
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Revalidation is allowed at the Instrument type level
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The instrument is not liquidated, canceled, or refunded
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The instrument is issued, revalidated, or duplicate issued but not liquidated/refunded/canceled
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Rule based authorization is not supported for revalidation
To revalidate a DD:
- On the Homepage, from Teller mega menu, under
Remittances, click DD
Operations or specify DD Operations in
the search icon bar and select the screen.The DD Operations screen is displayed.
- On the DD 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 8-31 DD Operations (Revalidate) - Field Description
Field Description Operation Type
Select the type Revalidate from the drop-down list.
Demand Draft No
Specify the DD number of the instrument.
Issue Branch
Select the branch code where the instrument is issued from the LOV.
Revalidation Details
Specify the details under this segment.
Beneficiary Account
Displays the beneficiary account number.
Revalidation Date
Select the revalidation date.Note:
By default, the system date is displayed as a revalidation date.New Expiry Date
Displays the new expiry date based on the specified revalidation date.
Mode of Charge
Select the mode of charge from the drop-down values (Account or Cash).
Charge Account
Specify the charge account number. The following conditions apply based on the value selected for Mode of Charge:
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If the Mode of Charge is selected as Account, the user needs to capture the account from which the charges are to be deducted.
Note:
If the Mode of Charge is selected as Account, the system displays the Drawer Account by default. Else, this field is kept blank and the user can input the valid account number. -
If Mode of Charge is selected as Cash, the user needs to capture Charge Currency, and denomination details to be picked up based on the charge currency specified.
Narrative
Displays the default narrative as Demand Draft Revalidation, and it can be modified.
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- Specify the charge details. For information on the fields in the Charge Details segment, refer to Add Charge Details.
- Click on the View Demand Draft Details data segment to
view the additional details of the DD.
Note:
This data segment is non-editable. - 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 Oracle Banking Payments, the system will discard the transaction.
Parent topic: DD Operations