7.1 Create Virtual Multi-Currency Account

From the Dashboard, click Toggle menu, click Virtual Account Management, then click Virtual Multi-Currency Account. Under Virtual Multi-Currency Account, click Create Virtual Multi-Currency Account.

  1. Perform the following navigation to access the screen.
    From the Dashboard, click Toggle menu, click Virtual Account Management, then click Virtual Multi-Currency Account. Under Virtual Multi-Currency Account, click Create Virtual Multi-Currency Account.
    The Virtual Multi-Currency Account screen appears.

    For more information on fields, refer to the field description table.

    Table 7-1 Virtual Multi-Currency Account - Field Description

    Field Description
    Virtual Multi-Currency Account Number Specify the account number of virtual multi-currency account.
    Virtual Multi-Currency Account Name Specify the name of the virtual multi-currency account holder.
    Currency Displays the list of currencies for selection.
    Account Displays the list of the real accounts maintained under the selected currency.

    Note:

    Only one Real account can be selected per currency.
    Virtual Multi-Currency Account Group Displays the list of Real Accounts selected for creating Virtual Multi-Currency Account.

    Note:

    1. Click Delete icon to remove the account
    2. Click Set as Default to default an account currency.
  2. In the Party Name field, select the party name and ID from the dropdown list.
  3. In the Virtual Multi-Currency Account Number field, enter the account number.

    Note:

    The fields marked as Required are mandatory.
  4. In the Virtual Multi-Currency Account Name field, enter the account name.
  5. Click any currency to get all Virtual Accounts Management enabled accessible Real Accounts maintained under that currency.
  6. Select any one Real Account from the list.
    Selected currency(s) and account(s) appears in Virtual Multi-currency Group column.

    Note:

    The user can select multiple such accounts (restricted to one real account per currency) and form a group. The user can also set one of the Real Account as Default to default payments. (This is an optional field).
  7. Selected currency(s) and account(s) will appear in Virtual Multi-currency Group column.

    Note:

    User can select multiple such accounts (restricted to one real account per currency) and form a group. User can also set one of the Real Account as “Default“ to default payments. (This is an optional field).
  8. User can perform any one of the following action:
    • Click Submit
    • Click Cancel to cancel the transaction.
  9. User can perform any one of the following action:
    • Click Submit
    • Click Cancel to cancel the transaction.
  10. On the Review screen, Verify the details and click Confirm.
    The success message of Virtual Multi-Currency Account creation appears along with the reference number and status.
    User can also perform any of the following action.
    • Click Cancel to cancel the transaction.
    • Click Back to navigate back to the previous screen.
  11. User can perform any one of the following action:
    • Click Home to navigate to the application dashboard screen.
    • Click Go To Overview to go to the Virtual Account Management Dashboard.
    • Click Create More Virtual Multi-Currency Accounts to create more accounts.