Vault Denomination Exchange

The Teller can use the Vault Denomination Exchange screen to exchange the currency denominations by vault users.

The exchange can be performed for the internal purpose of the bank or based on the customer’s request. The outgoing cash needs to be entered as negative in the denomination details segment. This transaction involves only denomination exchange from the Vault. The total value in the Vault remains the same, and accounting entries are not posted for this exchange. However, the denomination count in the Vault changes, and hence it needs to be updated.

To exchange the currency denominations by vault users:

1. On the Homepage, from Teller mega menu, under Till-Vault Operations, click Vault Denomination Exchange or specify Vault Denomination Exchange in the search icon bar and select the screen.
   The Vault Denomination Exchange screen is displayed.

   Figure 3-16 Vault Denomination Exchange
   
   Description of the illustration vault-denomination-exchange-_-transaction-details.png
   

2. On the Vault Denomination Exchange screen, specify the fields. For more information on fields, refer to the field description table.

   Table 3-16 Vault Denomination Exchange - Field Description

   Field	Description
   Branch Code	Displays the logged-in branch code.
   Transaction Currency	Specify the currency for which the denominations are to be exchanged.

3. Specify the denomination details. For information on the fields in the Denomination segment, refer to Add Denomination Details.
4. Click Submit.
   A teller sequence number is generated, and the Transaction Completed Successfully information message is displayed.

   Note:

   If no approval warning is raised when saving a transaction, it will be moved to authorization. On transaction completion, the cash balance of vault is updated successfully.