1. Book Transfer User Guide
  2. Book Transfer
  3. Book Transfer Input
  4. Initiating Book Transfer
  5. Main Tab

Main Tab

User can capture Debtor/ Creditor and payment details in this screen.
  1. Click on Main Tab in the ‘Book Transfer Transaction Input’ screen.

    Figure 2-2 Book Transfer Transaction Input - Main Tab

    Description of Figure 2-2 follows
    Description of "Figure 2-2 Book Transfer Transaction Input - Main Tab"
  2. On Main tab sub-screen, specify the fields.

    For more information on fields, refer to the field description below:

    Table 2-2 Book Transfer Transaction Input - Main Tab - Field Description

    Field Description
    Instructed Currency Indicator Indicates if the transfer amount is in Debit or Credit Account’s Currency. System defaults the value as Credit Currency.
    • Instructed Currency Indicator field has the options - Credit Currency and Debit Currency.
    • Select ‘Credit Currency’ option to transfer the amount in Credit Account’s Currency and input the ‘Credit Amount’ field. System disables the ‘Debit Amount ‘field.
    • Select ‘Debit Currency’ option to transfer the amount in Debit Account’s Currency and input the ‘Debit Amount’ field. System disables the ‘Credit Amount’ field.

    Note:

    • When the Debit and Credit Account’s currency are same, system computes the equivalent amount as per Instructed currency selected.(i.e.) If Instructed currency is Debit Currency, then system computes the equivalent Credit Amount and displays in ‘Credit Amount’ field on clicking Enrich and Save.
    • When the Debit and Credit Currencies are different, system computes the equivalent amount as per the Instructed Currency by applying Exchange Rate.(i.e.) If Instructed Currency is Credit Currency, then system computes the equivalent debit amount in the respective currency by applying exchange rate and displays the same in ‘Debit Amount’ field on clicking ‘Enrich‘ and ‘Save’.
    Debtor Details --
    Debtor Account Number Specify the debtor account number. Alternatively, you can select the debtor account number from the option list. The list displays all open and authorized accounts maintained in the ECACIF account mapping.
    Debtor IBAN System displays the Account IBAN of the debtor account based on the selected Debtor Account Number.
    Debtor Currency System defaults account currency based on the debtor account number selected. But, if Debtor Account selected is a GL account, then you can specify it from the list of values.
    Debit Currency Name System defaults name of the debit currency.
    Account Branch System defaults account branch based on the debtor account number selected.
    Debtor Name System defaults the name of the Debtor Account holder.
    Debit Amount Required Debit amount to be entered, if the ‘Instructed Currency Indicator ‘is selected as Debit Currency.

    If the ‘Instructed Currency Indicator ‘is selected as Credit Currency, then system populates the Debit amount on clicking Enrich, applying the exchange rate.
    Customer Number System defaults the Customer Number based on the Debit Account Number selected.
    Customer Service Model System indicates the service model linked to the customer.
    SSI Label Select the required SSI label from the list of values.

    Note:

    This list will be populated with valid SSI Labels, applicable for the customer and the Network.
    Charge Account Number Specify the Charge Account Number from the list of values.
    Account Name System displays the Account Name based on the Charge Account Number selected.
    Account Branch Account Branch is displayed based on the Account Number selected.
    Account Currency Account Currency is displays for the Account selected.
    Remittance Information (Unstructured)

    The fields related to Remittance Information are optional. Any additional details for the Book
    transfer transaction can be entered in these fields.

    Specify the following fields:

    • Remittance Information 1
    • Remittance Information 2
    • Remittance Information 3
    • Remittance Information 4
    Remittance Information (Structured)

    Specify the following fields:

    • Remitter Reference
    • Remitter Type Code
    • Remitter Type Proprietary
    • Remitter Information Issuer
    Creditor Details --
    Creditor Account Number Specify the creditor account number. Alternatively, you can select the creditor account number from the option list. The list displays all open and authorized accounts maintained in the External Account Maintenance.
    Credit Currency System defaults account currency based on the creditor account number selected.
    Credit Currency Name System defaults name of the credit currency.
    Credit IBAN System displays the Account IBAN of the Creditor account.
    Account Branch System defaults account branch based on the creditor account number selected.
    Creditor Name System defaults the name of the Credit Account holder.
    Credit Amount Required Credit amount to be entered, if the ‘Instructed Currency Indicator ‘is selected as Credit Currency.

    If the ‘Instructed Currency Indicator ‘is selected as Debit Currency, then system computes the Credit amount on clicking Enrich, applying the exchange rate.
    Payment Details --
    Booking Date System defaults the booking date as the application server date.
    Instruction Date System defaults the instruction date as current system date. However you can select a future date. Debit currency, credit currency and network holiday checks are applicable for instruction date.

    Note:

    If instruction date is input as back date, then the same will be moved to current date while processing.
    Activation Date This field is defaulted as Current Date on New operation.

    Activation Date is derived as Instruction date minus Debit Float Days as maintained in process cut off maintenance. Holiday check is done for activation date based on Branch Holidays maintained if Branch Holiday Check is applicable in Network Preferences.

    This field is enabled for user input, if required.

    Note:

    If the payment request is received through web services with an Activation Date, system retains the Activation Date received if it is not a back value date or holiday
    Exchange Rate Specify the exchange rate if debit account currency and credit account currency is different. The system retains the input value and validate the same against override and stop variances maintained in the Network preference.

    Note:

    • If credit currency & debit currency are different, FX rate can be fetched by pressing enrich button. Rate pick up will be based on FX rate preferences maintained in Network preference screen (PMDNWPRF) & Small FX limits maintained in Network Currency preferences.
    • If Credit amount is more than small FX limit, rate pick up happens during transaction processing, provided External Exchange rate is applicable.
    • Exchange rate can be manually provided by user also. System retains the input value and validates the same against override and stop variances maintained at Network Preferences.
    FX Reference Number Specify the FX Reference Number.
    Local Currency Equivalent This field displays Local Currency Equivalent of the transfer amount.

    Local Currency Equivalent amount is populated on clicking of Enrich button while defaulting Debit / Credit Amount.

    Transactions that are received through services the Local Currency Equivalent amount is derived along with Debit / Credit amount values.

    Transactions that are moved to Internal/External Exchange rate queue, the Local Currency Equivalent amount is rederived along with Debit / Credit amount values when user provides exchange rate manually to process the transaction further from Exchange Rate Queue.

    Note:

    Local Currency Equivalent Amount is derived as below:

    • Local Currency Equivalent Amount is derived as below:
    • If Credit Account Currency is same as Branch LCY, then Credit Amount is defaulted as Local Currency Equivalent amount.
    • If Debit Account Currency, Credit Account Currency and Branch LCY are all different, then the Local Currency Equivalent amount is derived by applying STANDARD-MID rate on the Credit Account Currency.
    Remarks Specify the internal remarks if any. This is a free text field.
    Enrich button Enrich button is provided in transaction input screen to populate exchange rate, debit amount and charge/tax amounts.

    Note:

    If exchange rate pick up or charge pick up fails, system throws an error.
    Validate Account System validates that ECA request is sent to OBVAM before Enrich/Save, under these conditions:
    • The Host allows Virtual Identifiers AND
    • Transaction is not Credit to GL AND
    • Credit account is not valid based on core accounts available

    When you click on 'Validate Account' button, system sends an ECA request to OBVAM system. You can see 'Validate Account' button enabled, only when all the above conditions are satisfied. In case Account Validation is not done before Enrich/Save, system throws an error.

Parent topic: Initiating Book Transfer