3.13.3 Inter Branch Transaction Liquidation

The receiving branch can use the Inter Branch Transaction Liquidation screen to receive the cash, verify the advice with denomination units, and liquidate the request.

This screen can be accessed by:

• The requesting branch for cash delivery

• The receiving branch for cash pickup

To perform the inter-branch transaction liquidation:

1. On the Homepage, from Teller mega menu, under Till-Vault Operations, click Inter Branch Txn Liq or specify Inter Branch Txn Liq in the search icon bar and select the screen.
   The Inter Branch Transaction Liquidation screen is displayed.

   Figure 3-18 Inter Branch Transaction Liquidation

   
   

   
   Description of "Figure 3-18 Inter Branch Transaction Liquidation"

   
   
2. On the Inter Branch Transaction Liquidation screen, specify the fields. For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 3-18 Inter Branch Transaction Liquidation - Field Description

   Field	Description
   Inter Branch Request Reference	Select the request reference from the list of values.
   Query	Click Query to fetch and populate the request details.
   From Branch	Displays the branch code of From Branch.
   From Branch Description	Displays the description of the From Branch.
   From Vault ID	Displays the Vault user of the specified From Branch.
   To Branch	Displays the branch code of To Branch.
   To Branch Description	Displays the description of specified To Branch.
   To Vault ID	Displays the Vault user of To Branch.
   Transaction Amount	Displays the transaction currency and transaction amount based on the request reference.
   Requested Date	Displays the date on which the transaction is requested.
   Narrative	Specify the remarks, if any.

3. Specify the denomination details. For information on the fields in the Denomination segment, refer to Add Denomination Details.
4. Click Submit.
   The system updates the request reference as Liquidated in the Inter Branch Transaction Request screen for the related request reference.

   Note:

   The system will post the accounting entries (for example, Dr Receiving Branch Vault Transit GL & Cr Sending Branch Inter Branch Transit GL) for the Inter Branch Input transaction as per the settlement definition maintained for the function code.

   As the liquidation transaction accounting involves two different branches, the corresponding IB position entries will be processed by FCUBS accordingly.