DD Payment by Account

The Teller can use the DD Operations screen to make payment against a DD.

The DD payment is credited to the beneficiary customer account when the operation mode is Account.

To make payment against a DD:

1. 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.

   Figure 8-63 DD Operations - Payment by Account

   
   

   
   Description of "Figure 8-63 DD Operations - Payment by Account"

   
   
2. 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 8-53 DD Operations (Payment by Account) - Field Description

   Field	Description
   Operation Type	Select the type Payment 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.
   Operation Mode	Select the operation mode as Account from the drop-down values.
   Payment Details	Specify the details under this segment.
   Beneficiary Account	Specify the beneficiary account number.
   Beneficiary Name	Specify the beneficiary name.
   Identification Type	Select the identification type of the beneficiary from the drop-down values.
   Identification Number	Specify the identification number of the beneficiary.
   Exchange Rate	Displays the exchange rate, 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 the Function Code Indicator level is set as Y.
   Account Amount	Displays the account amount. Note: This field is displayed only if Multi-Currency Configuration at the Function Code Indicator level is set as Y.
   Total Charge Amount	Displays the total charge amount. Note: This field is displayed only if Total Charges Configuration at the Function Code Indicator level is set as Y.
   Narrative	Displays the default narrative as DD Operations, 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 DD Details data segment to view the additional details of the DD.

   Figure 8-64 View Demand Draft Details (Payment by Account)

   
   

   
   Description of "Figure 8-64 View Demand Draft Details (Payment by Account)"

   
   
5. On the View DD Details screen, view the fields. For more information on fields, refer to the field description table.

   Table 8-54 View DD Details (Payment by Account)

   Field	Description
   Demand Draft Details	Displays the demand draft details.
   Issue Branch	Displays the branch code.
   Payable Branch	Displays the payable branch for the DD.
   Payable Bank Code	Displays the payable bank code.
   Demand Draft Amount	Displays the DD currency and the DD amount.
   MICR No	Displays the MICR number.
   Issue Date	Displays the issue date mentioned in the DD.
   Issue Mode	Displays the issue mode as Account.
   Demand Draft Status	Displays the status of the DD.
   Revalidation Date	Displays the date of DD revalidation.
   Duplicate Issue Date	Displays the duplicate issue date of DD.
   Liquidation Date	Displays the liquidation date of DD.
   Liquidation Mode	Displays the liquidation mode of DD.
   Beneficiary Details	Displays the fields.
   Beneficiary Name	Displays the beneficiary's name.
   Beneficiary Account	Displays the beneficiary account number.
   Exchange Rate	Displays the exchange rate. Note: If the transaction currency is the same as the account currency, the system will display the exchange rate as 1.
   Credit Amount	Displays the credit amount.
   Beneficiary Address 1 and Beneficiary Address 2	Displays the address of the beneficiary.
   Identification Type	Displays the identification type of the beneficiary.
   Identification Number	Displays the identification number of the beneficiary.
   Funding Details	Funding details are displayed under this segment.
   Drawer Account	Displays the account number of the customer who has requested the DD.
   Account Name	Displays the name of the drawer account.
   Drawer Name	Displays the drawer name.
   Customer ID	Displays the customer ID of the drawer.
   Exchange Rate	Displays the exchange rate.
   Debit Amount	Displays the amount that needs to be debited from the drawer account.
   Cheque Number	Displays the cheque number.
   Cheque Date	Displays the date mentioned in the cheque.
   Drawer Address 1 and Drawer Address 2	Displays the address of the drawer.

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.

   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.