- Teller User Guide
- Remittances
- Travellers Cheque
- TC Purchase Against Walk-in
8.4.4 TC Purchase Against Walk-in
The Teller can use the TC Purchase Against Walk-in screen to purchase TC from a walk-in customer and pay out the equivalent amount in cash.
- On the Homepage, from Teller mega menu, under Remittances, click TC Purchase Against Walk-in or specify TC Purchase Against Walk-in in the search icon bar and select the screen.The TC Purchase Against Walk-in screen is displayed.
- On the TC Purchase Against Walk-in screen, specify the
fields. For more information on fields, refer to the field description
table.
Table 8-61 TC Purchase Against Walk-in - Field Description
Field Description Issuing Bank Code
Specify the code of the issuing bank.Note:
By default, the logged-in bank code is displayed.Issuing Bank Name
Displays the name of the issuing bank specified.
Issuing Branch Code
Specify the code of the issuing branch.Note:
By default, the logged-in branch code is displayed.Issuing Branch Name
Displays the name of the issuing branch specified.
Issuer Code
Click the search icon and select the issuer code from the list of values.Note:
The list of values provides the HO code of the logged-in branch and the issuer codes maintained in the Issuer Code Maintenance screen.Issuer Code Description
Displays the description of the specified Issuer Code.
TC Amount
Select the TC currency from the drop-down values, and specify the TC Amount.
Purchase Date
Select the purchase date of the TC.Note:
By default, the current posting date is displayed.Account Amount
Displays the account amount based on the Exchange Rate, TC Amount, and Account Number selected.
Exchange Rate
Displays the exchange rate.Note:
If the TC currency is the same as the account currency, the system displays the exchange rate as 1. This field is displayed only ifMulti-Currency Configuration
at the Function Code indicator level is set as Y.Total Charge Amount
Displays the total charges in the branch local currency.Note:
This field is displayed only ifMulti-Currency Configuration
at the Function Code indicator level is set as Y.Narrative
Displays the narrative as TC Purchase Against Walk-in, and it can be modified.
Beneficiary Details
Specify the fields under this section.
Beneficiary Name
Specify the name of the beneficiary.
Identification Type
Select the identification type from the drop-down values.
Identification Number
Specify the identification number.
Address Line 1 to Address Line 4
Specify the address of the beneficiary.
- Specify the denomination details. For information on the fields in the Denomination segment, refer to Add Denomination Details.
- Specify the TC denomination details. For information on the fields in the TC Denominations segment, refer to Add TC Denominations to Purchase TC.
- Specify the charge details. For information on the fields in the Charge Details segment, refer to Charge Details.
- 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 approval warning raised when the transaction saves.The following conditions apply for the TC status:- If the system finds the TC for the combination of TC Currency, Issuer Code, TC Denom Code, Series, and TC Number, the TC status will be updated to Purchased.
- If the record is not found for the above-mentioned combination, during transaction completion, the system creates individual TC records for the combination of TC Currency, Issuer Code, TC Denom Code, Series, and TC Number with TC status as Purchased.
Following main transaction accounting entries is triggered for this transaction at Oracle Banking Branch:-
Dr Int. Bridge GL for TC Amount
-
Cr Cash GL for Transaction Amount
Oracle Banking Payments will pass the debit leg accounting (Debit – TC GL & Credit – Int. Bridge GL) for TC Purchase. During handoff, the Oracle Banking Branch needs to pass the intermediary bridge GL as a credit account in the request.
Parent topic: Travellers Cheque