Amount Block

Amount Block Creation

FCIS places an amount block creation request if the following conditions are satisfied:

Account details are validated
Mode of payment is direct debit
Bank is internal bank

FCIS system sends a request to FCUBS to place an amount block on the order amount (transaction amount + markup percentage) if sufficient funds are in the account. The amount block happens on a clear fund basis. The block request is auto authorized in FCIS.

On receiving the request, FCUBS verifies the following:

The CASA account has sufficient balance to process the trade.
Account status allows debit transactions.

If the above validations are successful, the FCUBS system places the block for the amount sent by FCIS and generates a block reference ID. FCUBS then sends a successful block message to the FCIS system. FCIS system generates a block reference ID for the amount block.

Amount Block Modification

If the subscription amount is modified before or after authorization, the amount block is also updated as the new amount. The subscription transaction modification will not be allowed if the system cannot place the block on the revised amount.

Amount Block Release

The amount block is automatically released in the following cases:

Deletion of subscription transaction.
Reversal of subscription transaction.
Subscription transaction fails in FCIS after amount block is placed.
Change in settlement details before allocation (in this case, depending on the change in settlement details, the amount block may be applied on a different account).

Systematic Investment Plans (SIP)

During the BOD process, the FCIS system generates an amount block creation flat file for the SIP transactions whose payment is due on that day. The file is sent to the FCUBS system. Based on the successful response of amount block creation from FCUBS, SIP subscription transactions are created in FCIS.

Amount Block Data Exchange

Table 1-9 Amount Block Data Exchange

Source System	Target System	Operation	Action	Communication Channel	Webservice/ Notification Name	Synchronous/ Asynchronous
FCIS	FCUBS	New Transaction -Amount block Creation	Save	Webservice call from insulation layer	FCUBSCustomerService	Synchronous
FCIS	FCUBS	Transaction Amendment and Change in amount - Amount block amendment	Save	Webservice call from insulation layer	FCUBSCustomerService	Synchronous
FCIS	FCUBS	Online Amount block failure reconciliation	Reconciliation	Flat file	NA	Asynchronous
FCIS	FCUBS	SIP process during BOD - amount block creation	BOD batch	Flat file	NA	Asynchronous

1.4.8 Amount Block