1. Teller User Guide
  2. Remittances
  3. Travellers Cheque
  4. TC Sale by Other Modes

8.4.1 TC Sale by Other Modes

The Teller can use the TC Sale by Other Modes screen to issue TC against the customer's CASA or a GL account.

To issue TC against various modes:
  1. On the Homepage, from Teller mega menu, under Remittances, click TC Sale by Other Modes or specify TC Sale by Other Modes in the search icon bar and select the screen.
    The TC Sale by Other Modes screen is displayed.
  2. On the TC Sale by Other Modes screen, specify the fields. For more information on fields, refer to the field description table.

    Note:

    The fields marked as Required are mandatory.

    Table 8-56 TC Sale by Other Modes - Field Description

    Field Description

    Issuing Bank Code

    Displays the code of the issuing bank.

    Issuing Bank Name

    Displays the name of the issuing bank.

    Issuing Branch Code

    Displays the code of the issuing branch.

    Branch Name

    Displays the name of the issuing branch.

    Issuer Code
    Click the search icon and select the issuer code from the list of values.

    Note:

    The list of values provides the HO code of the logged-in branch and the issuer codes maintained in the Issuer Code Maintenance screen.

    Issuer Code Description

    Displays the description of the specified Issuer Code.

    Issue Mode

    		 Select the mode of issue from the drop-down values (By Account or By GL).

    TC Amount

    Select the TC currency from the drop-down values, and specify the TC Amount.

    TC Date
    Select the date of the TC.

    Note:

    By default, the current posting date is displayed.

    Account Number
    Specify the account number of the customer. When you press the Tab key, the system defaults the Account Name.

    Note:

    This field is applicable only if the Issue Mode is selected as By Account.

    Account Name
    Displays the name of the account.

    Note:

    This field is applicable only if the Issue Mode is selected as By Account.

    Account Amount
    Displays the account amount based on the Exchange Rate, TC Amount, and Account Number selected.

    Note:

    This field is applicable only if the Issue Mode is selected as By Account.

    GL Number
    Click the search icon, and select the GL number from the list of values.

    Note:

    This field is applicable only if the Issue Mode is selected as By GL.

    GL Description
    Displays the description of the specified GL account.

    Note:

    This field is applicable only if the Issue Mode is selected as By GL.

    GL Amount
    Displays the account amount based on the Exchange Rate, TC Amount, and Account Number selected.

    Note:

    This field is applicable only if the Issue Mode is selected as By GL.

    Cheque Number

    Specify the cheque number.

    Cheque Date

    Specify the date of the cheque.

    Exchange Rate
    Displays the exchange rate.

    Note:

    If the TC currency is the same as the account currency, the system displays the exchange rate as 1. 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 charges in the branch local currency.

    Note:

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

    Narrative

    Displays the narrative as TC Sale Against Account or TC Sale Against GL based on the selected issue mode.

    Beneficiary Details

    Specify the fields under this section.

    Beneficiary Name

    Specify the name of the beneficiary.

    Address Line 1 to Address Line 4

    Specify the address of the beneficiary.
  3. Specify the TC denomination details. For information on the fields in the TC Denominations segment, refer to Add TC Denominations to Sell TC.
  4. Specify the charge details. For information on the fields in the Charge Details segment, refer to Charge Details.
  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 approval warning raised when the transaction saves. On transaction submission, the TC position (TC outflow) is updated to the teller position for the combination of Issuer Code, TC Currency, TC Denom code, and Series to the extent of TC denomination units being purchased.

    In addition, during transaction completion, the system updates the TC Status as Used for the combination of TC Currency, Issuer Code, TC Denom Code, Series, and TC Number. Following main transaction accounting entries is triggered for Account mode at Oracle Banking Branch:

    • Dr Customer Account for TC Amount
    • Cr Int. Susp GL for TC Amount

    Following main transaction accounting entries is triggered for Account mode at Oracle Banking Branch:

    • Dr Cash GL for TC Amount
    • Cr Int. Susp GL for TC Amount

    Oracle Banking Payments will pass the credit leg accounting (Debit - Int. Susp GL and Credit - TC GL) for TC Issuance. During handoff, Oracle Banking Branch needs to pass the intermediary bridge GL as a Debit account in the request.

Parent topic: Travellers Cheque