4.5 Track Virtual Account Closure
This option enables the user to track Virtual Accounts closure request and view the status of closure request at an individual Virtual Account level. User should be able to search a Virtual Account by Virtual Account Number, Virtual Account Name, IBAN, Status, From or To Date.
To track the account Closure status:
- Perform the following navigation to access the screen.
- From the Dashboard, click Toggle menu, click Virtual Account Management, then click Virtual Account. Under Virtual Account, click Close Virtual Account. Under Close Virtual Accountclick Track Virtual Account Closure
- In the Party Name field, select the party name and ID from the drop-down list.
- In the Virtual Account Number field, enter the Virtual Account Number.
- Enter the appropriate search criteria.
- Select the status of the Virtual Account from the list.
- Click Search to view Virtual Account.
The search result corresponding to the search criteria is displayed.
Also User can perform following action
- Click Clear to clear the search criteria
- Click Cancel to cancel the transaction
Track Virtual Account Closure
Table 4-19 Track Virtual Account Closure
Field Description Party Name Select the party name and ID from the drop-down list to view the applicable Virtual Accounts.
By default, the primary party of the logged-in user is selected.
Note: Based on the party name selection, the mapped Virtual Accounts are displayed.
Virtual Account Number Specify the Virtual Account Number to track closure. Virtual Account Name Specify the name of the Virtual Account to track closure. IBAN Specify the IBAN number of the Virtual Account. Structure List Information Specified in below fields are related to structure lists. From Date – To Date Select the date range up to which you want to view the search results. StatusVirtual Account Closure Status Select the status of the Virtual Account. Note: User can view only the configured number of Virtual Account Number in the search results. If the search result count exceeds the configured count, an error message appears to refine the search criteria.
Virtual Account No. & Name Displays the account number and name corresponding to the search criteria selected for closure. IBAN Displays the IBAN number of the Virtual Account. Closure Initiated Date Displays the date on which closure initiation request is initiated. Closure Request Status Displays the status of the closure request.
Following are the possible statuses of a Virtual Account closure request
- Closure Initiated – Once user initiates Virtual Account closure, the status of the request would be “Closure Initiated”.
- Completed: On successful closure of the Virtual Account, the status will be marked as "Completed"
- Terminated: The status of the closure request will be marked as “Terminated", whenever a user terminates a closure request before the account is closed. User can terminate a closure request by clicking on the “Terminate” Button
- Failed: The status of the closure request will be marked as “Failed” if any of the above listed stages fail. User can also retry the closure request by clicking on “Retry” button.
- Click Manage Columns to reorder or modify or save column preferences in virtual
account screen.
- Click the Closure Request Status link to view the Virtual Account closure
status details. The Virtual Account closure status screen appears. Refer below
matrix to understand when Terminate /Retry buttons are displayed.
Table 4-20 Closure Request Status
Field Description Party Name Displays the party name and ID mapped to the selected Virtual Account.
Closure Request Status Specify the Virtual Account Number to track closure. Closure Request Status Information Specified in below fields are related to Closure request status Virtual Account Number Displays the Virtual Account Number. Virtual Account Name Displays the Virtual Account Name. IBAN Displays the IBAN number of the Virtual Account. Structure List Information Specified in below fields are related to Structure details. Closure Initiated Date Displays the date on which closure initiation request is initiated. Status Displays the status of the closure request. Train stop Displays the different stages of closure request. - User can perform any one of the following action.
- Click Terminate to terminate the request.
- Click Retry to retry the request.
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Click Back to navigate to the previous screen.
Parent topic: Virtual Account


