1. Instruments & Clearing User Guide
  2. Instruments
  3. Instrument Maintenances
  4. Instrument External Bank Code Maintenance

Instrument External Bank Code Maintenance

This maintenance is applicable for issue of Instruments of type 'Demand Draft', 'Banker's Cheque' and 'Remittance-Outward' and Remittance-Inward'. This maintenance allows the list other banks /branches on behalf of which these instruments are allowed to be issued/paid.
  1. On Homepage, specify PIDEXTBK in the text box, and click next arrow.
    Instrument External Bank Code Maintenance screen is displayed.

    Figure 2-9 Instrument External Bank Code Maintenance

    Description of Figure 2-9 follows
    Description of "Figure 2-9 Instrument External Bank Code Maintenance"
  2. Click New button on the Application toolbar.
  3. On Instrument External Bank Code Maintenance screen, specify the fields.

    Table 2-5 Instrument External Bank Code Maintenance - Field Description

    Field Description
    Host Code System defaults the Host Code of transaction branch on clicking ‘New’.
    Instrument Code Specify the Instrument Code from the list of values.
    Instrument Description System defaults the description of the Instrument Code selected.
    Instrument Currency System defaults the Instrument Currency of the Instrument Code selected.
    Instrument Type System defaults the Instrument Type of the Instrument Code selected.
    External Bank Code

    For instrument codes of Instrument type 'Demand Draft, 'Banker's cheque' and 'Remittance Inward' this field is defaulted as the issuer code linked to the instrument code and disabled.

    For Instrument codes of type 'Remittance-outward' all valid Bank codes maintained in PMDBNKCD are listed.
    Bank Name System defaults the Bank Name based on the Bank Code selected.
    Payable Account or GL Specify the Payable Account or GL from the list of values. Lists all external GLs of type 'Liability' /'Asset' available in External Chart of Accounts and all valid accounts (Normal/ Nostro) with account currency as Instrument currency. System uses this GL/Account in accounting based on this maintenance.

    Note: This field is applicable for Outward/Inward Remittance type of instruments only.

    Account Branch This field is defaulted and disabled as the Account Branch of the selected account. If GL is selected, this field is enabled and lists all valid branch codes of the Host. It is optional to select a branch. If a Branch is selected, this branch is defaulted as the account branch irrespective of the Transaction Branch. If this branch is not selected then transaction branch is defaulted as Account Branch for the GL during accounting.
    Branch Code System defaults the Branch Code of the Account Branch selected.
    Branch Name System defaults the Branch Name of the Account Branch selected.
    Limit Amount Specify the Limit Amount in instrument currency upto which the instrument can be issued.

Parent topic: Instrument Maintenances