This topic provides the systematic instructions to settle multiple Collection in the application.

1. Navigate to Multiple Collection tab of Settlement of Collection screen.
2. Click to specify the filter criteria. The Filter overlay screen appears. Based on the defined criteria you can view transactions.

   Figure 16-4 Settlement of Collection – Multiple Collection – Filter

   
   

   
   Description of "Figure 16-4 Settlement of Collection – Multiple Collection – Filter"

   
   

   For more information refer to the field description table below:

   Table 16-3 Settlement of Collection – Multiple Collection – Filter - Field Description

   Field Name	Description
   Collection Reference Number	Specify the Collection reference number.
   Available for Loan	Select whether the Collection is available for loan or not. The options are: Yes No
   Drawee Name	Specify the name of Drawee against whom collection is to be created.
   Drawer Name	Specify the name of Drawer.
   Collection Amount Currency	Select the currency in which collection is to be settled.
   Collection Amount From- Collection Amount To	Specify the Collection amount range used for searching the Collection.
   Collection Maturity Date From - Collection Maturity Date To	Specify the start date and end date of the Collection date range on which the collection will gets matured for searching the Collection.
   Payment Type	Select the type of payment associated with the Collection. The options are: Sight Usance

3. Click Apply. The searched results are displayed based on the parameters provided on the Settlement of Collection – Multiple Collection – Current and Savings Account screen.

   Figure 16-5 Settlement of Collection – Multiple Collection – Current and Savings Account

   
   

   
   Description of "Figure 16-5 Settlement of Collection – Multiple Collection – Current and Savings Account"

   
   

   For more information refer to the field description table below:

   Table 16-4 Settlement of Collection – Multiple Collection – Current and Savings Account - Field Description

   Field Name	Description
   Current and Savings Account / Loan/ Custom	Option to select a Current and Savings Account or Loan account for settlement of Bill. Current and Savings Account: The user can select the Current and Savings Account, if he wishes to use for settlement of collection. Note: The balance in CASA account should be equal or more than the equivalent amount of claim in claim’s currency, which is being settled, in case of single claim being liquidated. Loan: The user can select this option to apply for a loan directly from the page. Bank would be informed that the corporate user is looking for a loan. Custom: The user can select this option to apply for custom account.
   Select Collection	The option to select multiple Collection to apply for the settlement.
   Check Box (Account Selection)	The option against each Collection, to select a Current and Savings Account which he wishes to use. The available balance in the casa account is also displayed so that he can take an informed decision.
   Collection Reference Number	Displays import Collection reference number.
   Drawer Name	Displays the name of the Drawer.
   Payment Type	Displays the type of payment associated with the Collection. The options are: Sight Usance
   Maturity Date	Displays the date on which the collection will gets matured.
   Collection Amount	Displays the collection amount.
   Outstanding Collection Amount	Displays the outstanding amount for the settlement of Collection.
   Outstanding Collection Amount in Local Currency	Displays the outstanding amount for the settlement of Collection in local currency.
   Available for Loan	Displays whether the collection is available for loan or not. The options are: Yes No
   Total Selected Collection	Displays the total number of collection selected for settlement.
   Total Settlement Amount in Local Currency	Displays the total settlement amount in local currency.
   Special Instructions	Specify the special remarks.

4. Perform any one of the following actions:
   • Select the Current and Savings Account option, if he wishes to use it for settlement of bill.
   • Select this Loan option to apply for a loan directly from the page.
   • Select the Custom option for custom account.
5. Select the accounts from which the transfer needs to be made for settlement of Collection .
6. Specify the remarks/special instructionsn in the Special Instructions field.
7. Click Submit to initiate the selected Collection settlement.
   The Settlement of Collection – Review screen appears.
8. Perform any one of the following actions:
   • Verify the details, and click Confirm.

     The success message initiation of Collection settlement appears.

   • Click Cancel to cancel the transaction, The Dashboard appears.
   • Click Back to navigate back to previous screen.

   Note:

   Corporate user can select multiple Collection for settlement.