- Teller User Guide
- Remittances
- Banker's Cheque
- Multi BC Issuance
- Multi BC Issuance Against Account
8.1.6.1 Multi BC Issuance Against Account
The Teller can use the Multi BC Issuance screen to issue BCs against multiple beneficiaries for a single remitter account.
- On the Homepage, from Teller mega menu, under
Remittances, click Multi BC
Issuance or specify Multi BC Issuance in
the search icon bar and select the screen.The Multi BC Issuance Account screen is displayed.
- On the Multi BC Issuance Account screen, specify the
fields. For more information on fields, refer to the field description
table.
Table 8-20 Multi BC Issuance Account - Field Description
Field Description New
Click New to generate a batch reference number.
Batch Reference
Displays the auto-generated batch reference number.
BC Currency
Select the BC currency from the LOV.
Issue Mode
Select the issue mode as Account from the drop-down values.
Drawer Account
Specify the remitter account number. When you press the Tab key, the Account Description, Remitter Name, and Address of the remitter account will be populated.
Drawer Name
Displays the name of the specified remitter account number.
Address Line 1 to Address Line 4
Displays the address of the specified remitter account number.
Cheque Number
Specify the cheque number.
Note:
The system validates the status of the cheque and prompts an error message if incase of a Used or Stopped or Invalid cheque.Cheque Date
Specify the issue date of the cheque.
Total BC Amount
Displays the total sum of the multiple BC amount inputs, which is computed by the system.
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 ifMulti-Currency Configuration
at the Function Code Indicator level is set as Y.Total Charges
Displays the total charge amount.Note:
This field is displayed only ifTotal Charges Configuration
at the Function Code Indicator level is set as Y.Charge Account
Specify the charge account number.Note:
By default, the drawer account number will be displayed as a charge account, and it can be modified.Total (Account Amount)
Displays the total amount available in the specified charge account.
Entry Details
Specify the fields.
Payee Name
Specify the name of the payee.
Payable Bank Code
Select the payable bank code from the list of values.
Payable Bank Name
Displays the bank name of the specified payable bank code.
Payable Branch Code
Select the payable branch code from the list of values.
Payable Branch Name
Displays the bank name of the specified payable branch code.
BC Amount
Specify the BC amount.
MICR Number
Specify the MICR number.
BC Number
Specify the BC number.
Address Line 1 to Address Line 4
Specify the address of the payee.
Narrative
Displays the default narrative as Multi BC Issuance, and it can be modified.
Add Entry
After filling the necessary fields, click Add Entry to add a new entry.
Reset
Click Reset to reset the added entries.
- 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 creates an individual BC transaction and hand-off individual BC issue requests to Oracle Banking Payments system. Once the individual BC transaction is created in Oracle Banking Payments, the system will hand off for the accounting to FLEXCUBE Universal Banking by debiting Customer Account/Cash GL for the individual BC amounts and crediting the intermediary bridge GL. But the charge debit will be a consolidated entry. In case of any rejection from Oracle Banking Payments, the system will not consider the transaction for accounting to FLEXCUBE Universal Banking during console entry.
Parent topic: Multi BC Issuance