1.36 Capture the BIC Code Details

This topic explains systematic instructions to define the BIC code details.

As part of setting up some basic information for the functioning of Oracle FLEXCUBE Universal Banking, maintain Bank Identifier Codes (BIC).

Note:

The fields which are marked in asterisk are mandatory.

1. On Homescreen, type ISDBICDE in the text box, and click Next.
   The BIC Code Details screen displays.

   Figure 1-36 BIC Code Details

   
   

   
   Description of "Figure 1-36 BIC Code Details"

   
   
2. On the BIC Code Details screen, specify the fields.
   Customer BIC Codes can be maintained manually or uploaded from an external source onto Oracle FLEXCUBE Universal Banking.

   For more information on fields, refer to the field description table.

   Table 1-47 BIC Code Details - Field Description

   Field	Description
   BIC Code	Specify the Bank Identifier Code. This field indicates the code by which the bank is identified by SWIFT. If the bank is not a customer of the bank, enter the name and address of the bank manually. Note: The country information is captured to enable Mantas to analyze the transactions for possible money laundering activities.
   Bank Name	On specifying the BIC Code, enter the name of the bank.
   Bank Address 1, Bank Address 2, and Bank Address 3	Specify the bank address.
   Sub Type Code	Click Search and specify the appropriate sub-type code to be mapped to the BIC. The adjoining option list offers the following factory-shipped codes: BANK - SWIFT Member/Sub member BEID - Business Entity Identifier BROK - Brokers-Dealers COOP - Co-operative Agreement with SWIFT CSDS - Clearing Houses, Central Depositories CUST - Subsidiary Providers of Custodian and Nominee Services ETCP - Electronic Trade Confirmation Providers EXCH - Recognized Exchanges FUAD - Fund Administrators IMIS - Investment Management Institutions MCFI - Financial Institution in a MA-CUG MCCO - Non-Financial Institution Participant in a MA-CUG MONE - Money Brokers NSFI - Non-Shareholding Financial Institutions NSWB - Non SWIFT BIC's PRXY - Securities Proxy Voting Agency PSPA - Payment System Participants REGI - Registrars and Transfer Agents SSPA - Securities System Participants TESP - Treasury ETC Service Provider TRAD - Trading Institutions TRAV - Travelers Cheques Issuers TRCO - Treasury Counter party TRUS - Trustees, Fiduciary Service Companies ZZZZ - Undefined Institutions In case of upload, the system automatically updates this field with the sub-type code corresponding to the BIC.
   BEI Indicator	The system identifies whether the BEI status for the chosen sub-type code is Yes or No from the back-end maintenance in the ISTM_SUBTYPE_CODE table. It checks this option whenever the status in the table for the sub-type code is Yes. this field can not be modified.
   ADB Member	Select a value to indicate membership of the specified BIC code in Asian Development Bank (ADB), from the adjoining drop-down list: Yes - Select this option if the BIC code holds membership in ADB. No - Select this option if the BIC code does not hold membership in ADB. Not Applicable - Select this option if the membership does not apply to this BIC code. Note: The system maintains Not Applicable as the default value. If Not Applicable is maintained as the status, then the system will not consider the status for validation.
   POB Number	Specify the POB number of the branch.
   Street Name	Specify the street name of the branch address.
   Street Number	Specify the street number of the branch address.
   Building Name	Specify the building name of the branch address.
   Area	Specify the area where the branch is located.
   City	Specify the city in which the branch is located.
   CPS Country Province State	Specify the CPS country province state of the branch.
   Zip Code	Specify the zip code of the area where the branch is located.
   ISO Country Code	Specify the ISO country code of the branch.
   Branch Information	Specify the branch information, if any.

3. Click Exit to end the transaction.