1.2.2 Enhancements in Retail Account Servicing

Oracle Banking Branch initiates the request and handoff to FLEXCUBE Universal Banking for further verification and processing.

The following are the enhancements as part of Retail Account Servicing in this release:

Table 1-2 Enhancements in Retail Account Servicing

Topic Description
Nominee screen changes
  • Added new validation to ensure that the primary holder and nominee are different.
  • Renamed labels for address-related fields.
  • Modified the Country field to display the country name instead of the country code.
Servicing Transaction Inquiry New screen is introduced in the Tasks page where users will be able to search or filter servicing transactions that they have worked-on and can to see the current status of the transaction.
Task Screen Changes Reference number (i.e. account number) column is introduced in all Tasks pages. Customer number and account number is populated respectively against servicing transactions in these two columns.
Auto and multi-level authorization The auto or multi-level authorization can be configured for the account servicing screens by creating a Rule based on life cycle code.