DD Payment Reversal by Account

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

To make the reversal of payment for 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 8-59 DD Operations - Payment Reversal

   
   

   
   Description of "Figure 8-59 DD Operations - Payment Reversal"

   
   
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 8-51 DD Operations (Payment Reversal) - Field Description

   Field	Description
   Operation Type	Select the type Payment Reversal 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.
   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 Demand Draft 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 DD Details data segment to view the additional details of the DD when the issue mode as account.

   Figure 8-60 View Demand Draft Details (DD Payment Reversal Issued by Account)

   
   

   
   Description of "Figure 8-60 View Demand Draft Details (DD Payment Reversal Issued by Account)"

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

   Table 8-52 View DD Details (DD Payment Reversal Issued 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.