1. Messaging System User Guide
  2. Processing Outgoing Messages

7 Processing Outgoing Messages

Here, the procedure involved in generating an outgoing message is explained. To recall, you have already maintained:
  • The type of messages that can be generated at your bank
  • Formats for the various messages
  • The media through which messages should be transmitted
  • A media control system to receive and transmit messages for a given media
  • The addresses for a customer for a given media
In each module of Oracle Banking Trade Finance, you can define products. While defining products you also indicate the messages that should be associated with an event in the life cycle of a contract involving the product.

A contract goes through several events during it’s life-cycle. A message for an event is triggered for generation when the event is authorized.

For example, you have defined a product to cater to short term loans. You have indicated that the following messages should be generated when events take place:
Event Message
INITIATION Initiation Advice
LIQUIDATION Liquidation Advice

Note:

In this context advices and messages are commonly referred to as messages.

Depending on the product - message - customer details that you have set up, Oracle Banking Trade Finance determines the address and the media through which the message should be transmitted.

If a message is to be transmitted through mail, it has to be printed. If the message is to be transmitted through Telex, you will have to enter the testword (if it is required for the message). The messages that are to be transmitted through media like Telex and SWIFT will be sent by the Media Control System (MCS) which is connected to the node in which the database of your branch is installed.

If a message is to be transmitted through email, TF_MAIL_JOB needs to be configured. Job will pickup generated messages with to be emailed set as ‘Y’ and email will be sent from MAIL server configured.

For Email advices that has to be sent in PDF format, TF_MAIL_PDF needs to be configured. Job will pickup generated messages with to be emailed set as ‘Y’ and email will be sent from MAIL server configured.

For Resending of Email advices, Kindly refer section Trade Finance Resend Email Advice A message that is triggered for generation can be sent in the background or can be generated on-line. An outgoing message will be processed based on the preference that you state.

A message that is triggered for generation can be sent in the background or can be generated on-line. An outgoing message will be processed based on the preference that you state.

Note:

The messages that are triggered by an automatic event like the generation of a tracer for an LC, billing notice and delinquency notice for a loan, and so on, will be put in the Outgoing Browser by the automatic function itself. This is because events triggered by an automatic function do not require authorization.
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