3.8 Location Maintenance
This topic describes the information to setup the reference data to maintain the various parameters for a specific location in Cash Management system.
The bank user can define various clearing parameters for a specific location, based on all locations where banks intends to offer Cash Management services. The user can also link Correspondent bank to those locations where the bank has a correspondent-banking tie up, or can link an outside network banks to locations where bank does not have a branch as well as no correspondent banking arrangement.
For a specific location code, the user can define clearing parameters like location cluster, high value cut-off amount as well as supported clearing networks like HOME, MICR (Magnetic Ink Character Recognition), NON-MICR (Non-Magnetic Ink Character Recognition), ICCS (Image Cheque Clearing System).
This topic contains the following subtopics:
- Create Location
This topic describes the systematic instruction to map the locations with the location cluster, clearing network, and link the own branch, correspondent bank and outside network bank for clearing tie-up. - View Location
This topic describes the systematic instruction to view, modify, delete, or authorize location details.
Parent topic: Maintenance for Collections