Same Day Charge Collection

A feature has been provided to collect the charges on the same day due for collection. This is based on a parameter configured at the End of Day workflow definition. With this enhancement, the charges due for collection today can either be collected on the same day or the next day. By default, the charges will be collected on the same day.

Integration with Oracle Banking Accounts

Oracle Banking Virtual Account management is now integrated with Oracle Banking Accounts as another DDA system for the transaction redirection to the linked real account (DDA redirection).

Enhancement of Virtual Account ECA/ amount block functionality

A feature has been provided to allow the full release of amount block on a virtual account as a part of journal posting when the posting amount is less than the outstanding block amount, which was earlier restricted.

Enhancement of SWIFT and ISO Intraday statement functionality

MT942 and CAMT.052 intraday scheduled statement generation has been enhanced to consider the account’s time zone for a generation.