1. Teller User Guide
  2. Remittances
  3. Banker's Cheque
  4. BC Operations
  5. BC Payment by Account

8.1.5.4 BC Payment by Account

The Teller can use the BC Operations screen to make payment against a BC.

The BC payment is credited to the beneficiary customer account when the operation mode is Account.

To make payment against a BC:

  1. On the Homepage, from Teller mega menu, under Remittances, click BC Operations or specify BC Operations in the search icon bar and select the screen.
    The BC Operations screen is displayed.

    Figure 8-11 BC Operations - Payment by Account


    Description of Figure 8-11 follows
    Description of "Figure 8-11 BC Operations - Payment by Account"

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

    Note:

    The fields marked as Required are mandatory.

    Table 8-11 BC Operations (Payment by Account) - Field Description

    Field Description

    BC No

    Specify the BC number of the instrument.

    Issue Branch

    Select the branch code where the instrument is issued from the LOV.

    Operation Type

    Select the type Payment from the drop-down list.

    Operation Mode

    Select the operation mode as Account from the drop-down values.

    Payment Details

    Specify the details under this segment.

    Beneficiary Account

    Displays the beneficiary account number.

    Beneficiary Name

    Displays the beneficiary's name.

    Identification Type

    Select the identification type of the beneficiary from the drop-down values.

    Identification Number

    Specify the identification number of the beneficiary.

    Exchange Rate
    Displays the exchange rate, and it can be modified.

    Note:

    If the transaction currency is the same as the account currency, the system will display the exchange rate as 1. This field is displayed only if Multi-Currency Configuration at the Function Code Indicator level is set as Y.

    Account Amount
    Displays the account amount.

    Note:

    This field is displayed only if Multi-Currency Configuration at the Function Code Indicator level is set as Y.

    Total Charge Amount
    Displays the total charge amount.

    Note:

    This field is displayed only if Total Charges Configuration at the Function Code Indicator level is set as Y.

    Narrative

    Displays the default narrative as BC Payment by Account, and it can be modified.

  3. Specify the charge details. For information on the fields in the Charge Details segment, refer to Charge Details.
  4. Click on the View BC Details data segment to view the additional details of the BC.

    Note:

    This data segment is non-editable.
  5. 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 submission, the system will hand off the details to the payments product processor (Oracle Banking Payments) for processing. When you get a success notification from Oracle Banking Payments, the system will update the transaction status as Success and mark for charges accounting hand off. In case of reject notification from the Oracle Banking Payments, the system will discard the transaction.

    If the payment transaction needs to be reversed then the same has to be invoked from SJ log.

Parent topic: BC Operations