1. Teller Cloud User Guide
  2. Till-Vault Operations
  3. Denomination Exchange

8.7 Denomination Exchange

The Teller can use the Denomination Exchange screen to exchange the currency denominations.

The exchange can be performed for the internal purpose of the bank or based on the customer’s request. The outgoing cash needs to be entered as negative in the denomination details segment. This transaction involves only denomination exchange from the Till. The total value in the Till remains the same, and accounting entries are not posted for this exchange. However, the denomination count in the Till changes, and hence it needs to be updated.

To exchange the currency denominations:

  1. On the Home screen, from Teller mega menu, under Till-Vault Operations, click Denomination Exchange or specify Denomination Exchange in the search icon bar and select the screen.
    The Denomination Exchange screen is displayed.

    Figure 8-7 Denomination Exchange


    Description of Figure 8-7 follows
    Description of "Figure 8-7 Denomination Exchange"

  2. On the Denomination Exchange screen, specify the fields. For more information on fields, refer to the field description table.

    Table 8-7 Denomination Exchange - Field Description

    Field Description

    Branch Code

    Displays the logged-in branch code.

    Transaction Currency

    Specify the currency for which the denominations are to be exchanged.
  3. Specify the denomination details. For information on the fields in the Denomination segment, refer to Add Denomination Details.
  4. Click Submit.
    A teller sequence number is generated, and the Transaction Completed Successfully information message is displayed.

    Note:

    The transaction is moved to authorization in case of any warning raised when the transaction saves. On transaction completion, the cash balance of both the Tellers is updated successfully.

Parent topic: Till-Vault Operations