1.8 Initial Funding Configuration

This topic provides the information about the initial funding configuration.

The different configuration scenarios for initial funding are as follows:

1. Fund By Cash – If Fund By is specified as Cash, user can proceed with configurations, either automatic or manually.
   • Automatic – In automatic process, during submit of the application Entry stage of the Savings Account, Current Account and Term Deposit Account, an automatic request for teller transaction is triggered. The Initial funding data segment makes a call to the external teller module to check the Transaction Reference Number and Teller Transaction Status auto-populates the screen. The details are not allowed to be modified. more details on the integration can be referred in the oracle banking branch integration guide.
   • Manual – In manual process, it is expected that the teller transactions are being handled separately, and the details of the Transaction Reference Number and Teller Transaction Status are thereby manually updated in the Initial Funding data segment.
2. Fund By Account Transfer - If Fund By is specified as Account Transfer, user can proceed with configurations, either manually or via Host.
   • Manual - In Manual Process, it is expected that the Teller Transactions are being handled separately, and the details of the Transaction Reference Number and Teller Transaction Status are thereby manually updated in the initial funding data segment manual.
   • Host – In ‘Host’ configuration, it is expected that the transaction for debit of the customer account will be handled on the host side. Since the transaction are done as part of the Account Creation in Host, Initial Funding stage will be skipped, and required transaction details will be passed to the Host for funding.
3. Fund by Other Bank Cheque - If Fund By is specified as Other Bank Cheque, user can proceed with Manual configurations.
   • Manual - In Manual Process, it is expected that the teller transaction are being handled separately, and the details of the Transaction Reference Number and Teller Transaction Status are thereby manually updated in the Initial Funding data segment.
     The list of configurations to be done in the property table for the three flags are as follows:

     • casa.fundByCash – Specify A for Automatic and M for Manual
     • casa.fundByAcc - Specify M for Manual and H for Host
     • casa.fundByCheque - Specify M for Manual