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Standing Instructions User Manual

1. SI DEF 006 Charge On Success is Not Needed Ignored SI DEF 007 Minimum Sweep Amount is Not Needed Ignored SI DEF 008 Invalid Action Code Ignored SI DEF 009 1 Should Be 2 Ignored SI DEF 010 Oracle FLEXCUBE Instruction number 1 not needed Ignored SI DEF 011 Oracle FLEXCUBE reference number 1 not needed Ignored SI AUTHO1 Instruction AUTHORIZED successfully SI AUTHO2 Authorizer and Maker CANNOT be the same SI AUTHO3 Currency for Contract 1 must be Rekeyed SI AUTH04 Rekeyed currency for Contract 1 is wrong SI AUTHO5 Amount for Contract 1 must be Rekeyed SI AUTHO6 Rekeyed amount for Contract 1 is wrong SI AUTHO7 All the contracts should be confirmed for authorization SI AUTHO8 Overrides for Instruction 1 should be checked before contract confir mation SI AUTHO9 Authorization is unsuccessful due to some Internal Problem SI AUTH10 Instruction 1 is already Authorized Tie ORACLE 8 1 8 2 8 Reports Introduction The following are the reports that you can generate for the Standing Instructions module e Successful Standing Instructions Report e Unsuccessful Standing Instructions e Standing Instruction Pending Collections Report e Standing Instructions by Customer Report e Standing Instructions by Product Type Report e Standing Instructions Due Pending Report e SI Executed for external Acc DD and Banker s Cheques Report e Standing Orders Placed
2. Error Code Message Sl 00001 Record already exists in the database Sl 00002 Mandatory fields are null SI ADVO1 Error in creating payment message for contract 1 and event 2 SI AU 0001 Error getting an account for the role SI AU 0002 Error getting amount for the amount tag SI AU 0003 Error in tax referral SI AU 0004 Error in ICCF referral SI AU 0006 Error while passing accounting entries SI AU 0007 Error in advices SI AUTHO1 Instruction authorized successfully SI AUTHO2 Authorizer and maker cannot be the same SI AUTHO3 Contract currency must be rekeyed SI AUTH04 Rekeyed contract currency is wrong SI AUTH05 Contract amount must be rekeyed SI AUTHO6 Rekeyed contract amount is wrong SI AUTHO7 All the contracts should be confirmed for authorization SI AUTH08 Overrides for this contract should be checked before contract confir mation SI AUTHO9 Authorization is unsuccessful due to some internal problem SI BA0001 Error in readjusting next exec date SI BA0002 Error in calculating next value date SI BA0003 Error in extracting new cycles SI BA0004 Debit branch is off line processing not possible SI BAOO1 Failed to select end of input for the current branch SI BA002 Batch process can be run only as beginning of day or end of day SI BA003 Start batch process SI BA004 Failed to complete batch process SI BA005 Batch process completed successfully ted ORACLE Error Code
3. Product Code The product under which the instruction is processed Product Type The type of product under which the SI is processed It could be payment collection sweep or variable payment SI Type The type of standing instruction It could be one to one many to yP one one to many or many to many Instruction This is the instruction number Number Process Time The time of instruction processing The date as of which the next cycle of the instruction will fall due SI Value Date This date will be different from the Next Due Date if the former fell on a holiday and the SI was executed on a different date Contract The reference number for the particular cycle of the instruction that Reference is due or pending Cycle Sequence Number This is the cycle sequence number SI Exec Date The date on which the next execution of the instruction will be pro cessed SI Exec Status The status of the instruction due or pending Indicates the action that is to be taken in case the instruction is not Action Gode processed on the due date due to lack of funds in the debit account SI Currency The currency in which the instruction is processed SI Amount The amount that is transferred when the instruction is processed Retry Sequence Number Indicates retry sequence number Instrument Number Indicates instrument number oe ORACLE 8 3 Priority If the debit acco
4. SI Executed for external Acc DD and Banker s Cheques Report Oracle FLEXCUBE facilitates you to view the list of standing instruction executed for external account and banker cheques for a given branch code and process date Branches accept the standing instructions SI for credit in their own accounts as well as for other bank accounts They also accept by means of remittances like bankers cheque etc If there are no exceptions during BOD system successfully executes SI transactions and you can generate a SI Instruction Executed for External Acc DD and BC Report to view the information of the branches This report lists CASA accounts in which SI has been executed for external accounts and bankers cheques on the day of generation The accounts are grouped based on payment mode and beneficiary You can invoke SI Instruction Executed for External Acc DD and BC Report screen by typing SIRACCBC in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Saving and Cheque Standing Instructions Branch Code Process Date Report Format PDF Printer At Client Report Output Print Printer You can specify the following parameters here Branch Code Specify a valid code of the Branch in which report is being generated from the adjoining option list Process Date Specify a date for which you want to generate a SI executed report from the adjoining calenda
5. You can click Search button to view all the pending functions However you can to filter your search based on any of the following criteria Authorization Status Select the authorization status of the contract from the drop down list Instruction Number Select the instruction number from the option list Source Code Select the source code from the option list User Instruction Number Select the user instruction number from the option list Instruction Status Select the instruction status of the contract from the drop down list Product Select the product code from the option list External Reference Select the user instruction number from the option list 4 14 ORACLE 4 12 Counterparty Select the contract amount from the option list When you click Search button the records matching the specified search criteria are displayed For each record fetched by the system based on your query criteria the following details are displayed Authorization Status Instruction Status Instruction Number Product Code Source Code External Reference User Instruction Number Counterparty You can modify or amend other branch transactions only through summary screen Authorizing SI Contract You can authorize a standing instruction using Standing Instruction Contract Authorization screen To invoke this screen type SIDTRAUT in the field at the top right corner of the application toolbar and cl
6. Instruction Number Instruction Type Frequency Based Event Based Branch Code Special Instruction Instruction el Unit Of Instruction Unit Type Unit Number Frequency Detail Event Detail Special Instruction Condition Elements Operator X Condition Value Input By Authorized By Modification Date Time Date Time Number N Authorized N Open Indicating the condition based on which the event gets triggered You have to specify the condition or factor within an account which is instrumental in triggering the standing instruction You can achieve this by identifying the conditional element and linking it with an operator and a conditional value First identify the conditional element which forms the basis for the event You have the option of selecting any one of the following events e Current Balance e Available Balance e Daily Turnover Credit e Daily Turnover Debit sp ORACLE e Transaction Amount e Transaction Amount Debit e Transaction Amount Credit After selecting the appropriate condition you have to associate it with an operating clause The options available are o lt e lt e gt lt gt You can select the appropriate operator and associate it with the conditional element You will also have to specify the conditional value that is to be associated with the conditional element plus operator combination Consider t
7. Months Month end flag Ticked Month End Flag Next Execution Date Next Execution Due Date Next Execution Value Date due to 29 Jan holiday Available Balance in CA1 on 29 Jan execu NA 8000 tion Date Holiday Treatment Backward Holiday Treatment ward Calculate SI Amount Flag Calculate SI Amount Flag Sweep Amount Available Balance SI Calculate SI amount Amount Sweep Amount to SA1 8000 5000 3000 L E 3000 is swept out of SA1 to CA1 For each execution cycle the Sweep amount is arrived automatically by the system using the flag Scenario 2 CASA to CASA monthly sweep out move forward The monthly sweep out is from SA1 to CA1 ot ORACLE N Field Corresponding field in the Input screen i display Threshold Balance SI Amount Frequency Monthly Execution Periodicity Execution 1 Months Month Month end flag Ticked Month End Flag No Next Execution Date Next Execution Due Date 31 Jan Next Execution Value Date due 2 Feb to holiday Available Balance in CA1 on 2 Feb exe NA 3000 cution Date Holiday Treatment Forward Holiday Treatment For On the SI execution Date Calculate SI Amount Flag Calculate SI Amount Flag Yes Sweep Amount Available Balance Sl Calculate SI amount Amount Sweep Amount to SA1 3000 2000 lt S Qa oe ORACLE 7 Error Codes and Messages 7 1 Error Codes and Messages
8. Some of the attributes defined as preferences can be changed when an instruction is processed under the product Click Preferences button to invoke the SI Product Preferences screen Preferences Processing Time v Rate Type Minimum Sweep Amount Maximum Retry Count Retry Count for Advice Holiday Exception v Action Code Amount SIType One To One One To Many Many to One Days Many To Many Months Years Execution Periodicity Transfer Type Authorization Rekey Standing Order With Referral Required Rekey Required Rekey of Amount Rekey of Currency Duplication Recognition Product Code Cr Account SI Currency SI Amount Book Date First Execution Value date Execution Periodicity Note Not all product preferences are allowed to be amended after the product has been author ized once So care needs to be taken before authorization of the product to ensure that the product attributes preferences have been maintained correctly ORACLE 3 3 1 3 3 2 Indicating the Processing Type Only while creating a payment type payment or variable payment or sweep type Sweep in or sweep out of product you have to specify the stage of end of cycle processing when an instruction under the product has to be processed The following options are available e EOD End of Day e BOD Beginning of Day When an instruction is processed under a product with processing time as BOD or
9. You need to identify a standing instruction product that you are creating with a unique Product Code This code should be unique across all the modules of Oracle FLEXCUBE This code should be different from the Instruction Code that is given Instruction Code You should give the product another unique code that will be used to generate the Instruction Reference Number This code should be different from the Product Code that will be used to generate the contract reference number for each cycle of the instruction a2 ORACLE 3 2 1 3 3 Product Group Grouping products according to the common features they share helps you organize information relating to the services you provide Product Groups also help you retrieve information easily You can invoke a list of the product groups that you have maintained in your bank and choose the product group to which the product that you are creating belongs Defining the Product Type The product type identifies the most basic nature of a product The remaining attributes that you define for a product will depend on its product type A product that you are defining can have one of the following types e Standing payment orders e Standing collection orders e Account sweeps in or out e Variable payments Setting Product Preferences Preferences are the options that are available to you for defining the attributes of a product The options you choose ultimately shape the product
10. 4 4 12 Specifying Your RemarkS iii ees esse ee ee ee Re ee ee Ge Re ee ee Ge Re ee ek ee Re ee ee 4 8 44 13 Specifying Limit CHECK iis SESSE GEES Ee EE SEE isch WEEG ERG Re EO aaa Ee GR Ee be Ee Eg ed 4 8 4 5 Gharges for lnstru ti N EERS EE EIS HEER doen Poe es EER oes doce Ee ee oa Dee eg EE Gee Ee 4 8 46 SetlementnstructionS issie ede see Ee ed ee Re Ge AA ee ee N Re ke ee ee ee 4 9 4 7 Suppressing Advice ee Re Ee ia ee Ge ee ee ee Ee aaea ee ee ee 4 10 4 3 Tax On INStruCtiOn AE N EEN 4 11 4 9 Viewing Event Details on Instruction ee ee ee ee ee terete ee ee Re ee ee ee ke ee ee 4 11 5 9 4 10 Viewing Duplication details ee ee ee Re ee ee Re ee ek Re ee ee ee Re ee ee Re ee 4 12 4 11 Miewing Sl Gontract ccs ca a es ate aie Ge DE ea oe oe ia 4 14 412 AuthorizingiskEontract EE E td De RESONEER ee se hak Meee Dee Ee 4 15 4 13 SI Amendment Upload ee ee RR Re Ee ER Ee Re RA ee ee ee ee ee ee ee ee ee ee ee ee ee ee 4 16 4 13 1 SI Batch Processing iii se Ee RA AR RA AR Ee RA ke ee RE ee ee eke ee ee AR 4 16 4 13 2 Processing of Limit Check during SI Batch ie RR ee ke ee 4 18 4 13 3 Printing of DD BO EE ASE N EE GE GER Ee Ge ge Ge ecient 4 19 Standing Instructions Diary iese ees RR EER EER EE EE EER E RR RR RR RR RR RR nnna 5 1 5 14 Maintaining a Standing Instructions Diary iese ese ee ee AR ee AA ee ee ee ee ee 5 1 5 1 1 Specifying Instruction TYP iii ees ee Ge ee GR Re ee A
11. All Cycles of Contract 1 have not been processed Deletion Disal lowed SI CONV 001 Failed To Obtain Record from 1 for reference Number 2 SI DIAOOO1 Do you want to execute the Instruction during every month end SI DIA0002 1 should be greater than application date SI DIA0003 Unauthorized record cannot be closed It can bedeleted before first auth SI DIAO006 Instruction cannot be reopened since the Customer account is either closed or unauthorized SI DIA0007 Instruction cannot be reopened since the customer information record is either closed or unauthorized SI DIA0008 Exception Raised SI DIAOOO9 Failed to get END OF INPUT for current branch SI DIA0010 This process can be run only during Begin of Day or End of Day SI DIA0011 Event Based SI Processing successful i ORACLE Error Code Message SI DIA0012 Frequency Based SI Processing successful SI DIA0013 Error in calculating next exec date in Readjust function SI DIA0014 Error in calc next val exec date for lapsed SI DIA0015 1 is not applicable for Frequency Based Detail Do you want to pro ceed SI DIA0016 1 is not applicable for Event Based Detail Do you want to proceed SI DIA0017 1 is not applicable for Special Instruction Do you want to proceed SI DIA0018 For Unit of Instruction Type Customer Event Based Detail is not allowed SI DIA0019 Instruction will not be gen
12. EOD the accounting entries will be passed either during the beginning of day or end of day on the due date When the processing is end of day the instruction will be executed when the automatic processes for the SI module is run after End of Transaction Input has been marked for the day Specifying SI Cycle The SI cycle defines the frequency at which the instruction is to be executed This can be defined in days months or years For example you can choose to define a payment order on a daily basis or every 60 days or 150 days or a payment every three months or six months You can also define a payment that is annual or every two years Rate Type You have to specify the Rate Type that should be used for SI transactions Click on the option list for a display of all the Rate Types maintained through the Rate Type Definition screen Holiday Exception Code You should define the action that is to be taken if the due date falls on a calendar holiday Since Sl s are processed at regular intervals often it may happen that a due date for an instruction will be a holiday In such a case you can e Bring the due date backward in which case the instruction will be processed on the working day before the holiday e Push the due date forward in which case the instruction will be processed on the working day after the holiday or e Letthe cycle lapse in which case the instruction will not be processed for the cycle at all If the due dat
13. I ORACLE In this screen you can enter basic information relating to a SI product such as the Product Code the Description etc Standing instruction Product Definition E New amp Enter Query Product Code Product Type Payment Product Description Collection Instruction Code Sweep In Product Group Sweep Out Slogan Variable Payment Remarks Start Date End Date Accounting Roles Events Branch Customer Preferences Charges Tax MIS Fields Maker Date Time Checker Date Time Mod No Record Status Authorization Status For any product you create in Oracle FLEXCUBE you can define generic attributes such as branch currency and customer restrictions interest details tax details etc by clicking on the appropriate icon in the horizontal array of icons in this screen For an SI product in addition to these generic attributes you can specifically define other attributes These attributes are discussed in detail in this chapter You can define the attributes specific to an SI product in the SI Product Definition Main screen and the SI Product Preferences screen In these screens you can specify the product type and set the product preferences respectively For further information on the generic attributes that you can define for a product please refer the following Oracle FLEXCUBE User Manuals under Modularity e Product Definition e Interest e User Defined Fields e Settlements Product Code
14. Message SI CO0001 Could not log exception for 1 SI CO0002 Settlement pickup failed for 1 and 2 SI CONOO1 Product code cannot be null SI GONOO2 User instruction number cannot be null SI CONO003 First value date cannot be null SI CON004 Execution periodicity cannot be null SI CONO005 Counterparty is not entered Override SI CONOOG Product preferences could not be found SI GONOO7 First value date cannot be before today for EOD processing types and before tomorrow for BOD processing types of instructions SI CONO008 Debit account branch cannot be null SI CONO009 Debit account cannot be null SI CONO010 Credit account branch cannot be null SI CONO011 Credit account cannot be null SI CON012 SI amount currency cannot be null SI CON013 SI amount cannot be null SI CON014 User reference number cannot be null SI CONO015 Maximum retries cannot be null SI CONO16 Minimum balance after sweep cannot be null SI CONO17 Minimum sweep amount cannot be null SI CON018 Action code on amount cannot be null SI CONO019 Debit account entered is not valid SI CONO020 Value date 1 is a holiday OK to proceed SI CONO21 First value date 1 cannot be before product start date 2 SI CONO22 First value date 1 cannot be after product end date 2 SI CONO23 Are you sure you want to delete this version instruction SI CON024 Deletion successful SI CONO025 Al
15. Standing Instructions by Product Type Report Standing instructions are grouped into different product types payments sweeps collections and variable payments You can generate a report on instructions that are processed under each product type Selection Options The report can be generated either for a specific product type or for all of them You can invoke this screen by typing the code SIRPTYPE on the field at the top right corner of the Application tool bar and click on the adjoining arrow button ry Standing Instruction By Product Type Report Standing Instruction By Product Type Report All Types Single Type Product Type Collection Repot Format PDF Printer At Client Report Output Print Printer Specify the following details Standing Instruction by Product Type Indicate whether the reports should be generated for all types or single type If you choose Single Type you need to specify the product type for which the report needs to be generated The option list provided displays all valid product types maintained in the system You can select the appropriate one Click OK to generate the report Contents of the Report The report options that you selected while generating the report are printed at the beginning of the report Header The Header carries the title of the report information on the branch code branch date the user id the module name run date and time
16. Time Number W Authorized W Open a ORACLE 5 2 1 In this screen you have to specify an appropriate name to group together a set of instructions that share a common purpose For instance let us assume that you have maintained an instruction type called Misc PR with the description Miscellaneous Public Relations activity You are maintaining three separate special instructions in the SI Diary maintenance screen The details of each are as follows Special Instruction You would like to send birthday greeting to Mr Silas Marner before the 25 of January 2001 wishing him on his birthday Special Instruction Il You would like to send a New Year card to Mrs Wendy Klien before the 30 of December 2001 greeting her on the occasion of the New Year Special Instruction Ill You would like to send a congratulatory message to Mr Sandy Brown on the purchase of his new car since he has availed of your car finance scheme You can associate all three of these instructions under the single Instruction Type Misc PR since the purpose and nature of all the three instructions is the same it is a public relations activity for your bank and it is miscellaneous in nature Operations on Instruction Type Record You can perform the following operations on an Instruction Type record e Enter the details of a new record e Copy the details of a record e Delete a record e Amend a record e Close and Reopen a record Refer to Common Proce
17. Today Report e Amendment of Standing Orders Report Stale Cheque Report e Closed Standing Orders Report e Penalty on Rejected Standing Orders Report Successful Standing Instructions Report This report should be ideally generated after the EOD run of the SI batch processes has been completed so that complete information for the day is reported The report gives details of instructions that were successfully processed during the day Thus the original due date of an instruction can be different from the date as of which the report was generated Selection options The report can be generated for any day in the past or today You can invoke this screen by typing the code SIRPSUXS in the field at the top right corner of the Application tool bar and click on the adjoining arrow button Successful Standing Instructions Successful Standing Instructions Date ReportFormat PDF Printer At Client Report Output Print Printer Specify the following details a ORACLE 8 2 1 Date Specify the date Click OK to generate the report Contents of Report Header The Header carries the title of the report information on the branch code branch date the user id the module name run date and time and the page number of the report Body of Report The report is sorted by the product code the product type and the SI type in the ascending order The following information is provided for each contract
18. an override message if the negotiated rate is not within the exchange rate variance maintained at the product Negotiated Reference Number Specify the unique reference number that should be used for negotiation of cost rate in foreign currency transaction If you have specified the negotiated cost rate then you need to specify the negotiated reference number also Note Oracle FLEXCUBE books then online revaluation entries based on the difference in ex change rate between the negotiated cost rate and transaction rate Suppressing Advice The advices to be sent for an event are defined for the product under which the instruction is processed These advices will by default be generated for an instruction after the product is authorized However while processing an instruction you have the option to suppress the generation of an advice Click Advices button in the SI Input Detailed screen The Contract Advices screen will be displayed Contract Advices Contract Reference Contract Advices si EEE Cl Advice Name Receiver Medium Suppress Priority No v Normal v ari ORACLE 4 8 4 9 The screen will contain the details of the advices applicable for the event you are processing If you want to suppress an advice select Yes in the Suppress column Since an advice for a standing instruction is always sent by mail the priority column does not apply Tax on Instruction You can p
19. and the page number of the report ee ORACLE Body of the report The report is sorted first on the product type and then on the instruction number in the ascending order The following information is provided for each instruction The type of product under which the SI is processed It could be pay product Type ment collection sweep or variable payment Product Code The product under which the instruction is processed Instruction Indicates instruction number of the SI Number The type of standing instruction which could be One to one Many SI Type te to one One to many or Many to many Counterparty Indicates counterparty customer name and frequency in days month and year Customer Name Frequency Processing The time of day when the instruction is to be processed Auth Status The status of the instruction authorized or unauthorized Unauthor ized instructions will not be processed Inst Status Indicates whether the instruction is pending for execution Month End Indicates month end If the currency of the instruction and the currency of the accounts Rate Type involved in it are different a conversion rate will be used The rate type defined for this conversion for the product will be shown here First Value Date The date as of which the first execution of the instruction was done This date will be different from the First Due Date if the former falls
20. code defined for the product indicating the action to be taken when funds in the debit account are not sufficient for the SI to be processed The priority allotted for the instruction if the debit account is involved in more than one instruction during the day The Variable SI Amount in the case of a Variable Payment type of product The Collection Flag for a collection type of instruction The collection advice will be generated for the instruction according to the instruction frequency till this flag is blank It will be stopped once this field is ticked For each retry that is done for a cycle the following details are shown Serial Number Date Amount Executed Debit Amount Debited Credit Branch Account Currency Amount Credited Charge on Success Partial Execution Reject Action Code on Amount Priority Instrument Number Generating Failure Advices Failure advices are generated when the SI retries reach Retry Count for Advice maintained at product level for all loan categories The first try to execute the instruction is also considered for the retry count Consider the following example The following example provides an overview of generation of Failure Advice If Execution Periodicity 8 Days Maximum Retries 5 Retries for Advice 2 Then SI Cycle Retry Count SI Status Failure Advice Generation 6 2 ORACLE 1
21. debited and more than one account cred Many ited Retry Count for Advice The system generates failure advice for Standing Instructions of Payment type with Action Code as Full Pending Retry Count for Advice captures number of retries for failure advice generation Retry Count for Advice should be less than Maximum Retry Count Execution Periodicity You should indicate the periodicity with which the standing instruction has to be executed You can indicate it in in days months years or as a combination of all three You can define execution periodicity for Sweep In Sweep Out type of instructions also A customer can pay the insurance premium on a monthly basis a quarterly basis or on an annual basis This can be defined in three ways as given in the following example e In days 30 days 90 days and 365 days e In months 1 month 3 months and 12 months e In years not possible for the first two but 1 year for the third frequency oe ORACLE Transfer Type For contracts associated with the product you need to indicate whether the payment details need to be structured or whether the details can be in free format The format in which payment messages will be sent for all contracts involved in the product will depend on your specification in this field Referral Required Referral refers to the process of handling customer transactions which force the accounts involved in such a transaction to exceed the
22. following types of standing instructions Standing Payment Order Standing Collection Order Account Sweep Sweep in and Sweep out Variable Payment e Sl module is designed to automatically process an instruction that has been recorded apply relevant charges and generate advices Instructions can be recorded for handling a situation where an instruction cannot be processed due to lack of funds e The product definition facility enables you to create business products with certain attributes When an instruction is processed under a product these attributes will be applied automatically Flexibility which is the mainstay of Oracle FLEXCUBE s design ensures that you have the option to modify the attributes while processing an instruction to suit specific customer needs e Sl module has a flexible mechanism for defining and applying charges Charges can be collected either as a rate or as a flat amount on a slab or tier system These can be defined for products and modified for individual instructions Processing Standing Payment Orders A payment order is perhaps the most commonly used service Under this service one or more accounts of your customer are debited and one or more credited This is called a payment order because the service would mostly be used for making a payment like regular insurance payments Processing Standing Collection Orders A collection order is issued by a customer when a certain amount
23. for Execution Report is ideally generated during the Beginning of Day operations It provides information about the instructions that fall due today and those that are pending from previous days The information given by this report depends on when the report is generated as follows e Before the SI Batch function is run during beginning of day the instructions due for execution during the day either during BOD or EOD will be reported along with those pending from previous days e After the SI Batch function is run during beginning of day the instructions due to be processed during EOD that day and those pending execution will be processed e After end of financial input EOF has been marked the instructions that are due for the next day and those pending from previous days will be reported Note that sweeps will not be reported in this report as whether a sweep is due for execution depends on the balance in an account at the time of execution You can invoke this screen by typing the code SIRPDUE on the field at the top right corner of the Application tool bar and click on the adjoining arrow button Standing Instruction Due Pending Report Standing Instruction Due Pending Report Report Format PDF Printer At Client Report Output Print Printer Contents of Report Header The Header carries the title of the report information on the branch code branch date the user id the module name run date and
24. indicate that the booking date needs to be considered while checking for duplicate transactions First Execution Value Date Check this box to indicate that the value date of the first execution of the Standing Instruction needs to be considered while checking for duplicate transactions Execution Periodicity Check this box to indicate that the periodicity of the Standing Instruction needs to be considered while checking for duplicate transactions The check for duplicate transactions is carried out based on the duplication check days maintained at Branch Parameter level An override message gets displayed if any duplicate transaction is encountered Note If none of the above checkboxes are selected duplication check will not be performed even if duplication check details have been specified at branch parameter level For more details on the duplication check preferences maintained at branch level refer the section titled Maintaining Duplication Check Details in Core Services user manual oe ORACLE 4 1 4 2 4 Recording an Instruction Introduction A product is a specific service that you offer your customers For example you may process periodic insurance payments account sweeps subject to a specific balance etc These services should be defined as products A product you will notice helps you classify the standing instruction services that you offer according to broad similarities The advantage
25. instruction as well as on the account statement of the debit or credit accounts Specifying Limit Check Limit Check flag is used in order to consider OD limit for customer accounts On selecting the Limit Check check box the system performs the following validations e This checkbox is applicable only for Payment Type products e This checkbox is applicable only for below mentioned action codes Full Pending Ignore Partial Execution Waiting Charges for Instruction If you want to waive the charges for further executions of a particular event you will have to uncheck the box in the Standing Instruction Online Detailed screen Click Charges button oe ORACLE 4 6 in the Standing Instructions Online Detailed screen The Charge Details screen will be displayed Charge Details Contract Reference Event Sequence Number 1 Of 1 Component Currency Amount Rate Status Waiver Event E The charges applicable for the events that have been processed till date will be displayed here You cannot waive the charges which have already been collected Settlement Instructions The account s through which a customer wishes to settle the charges have to be indicated through the SI Settlements screen Click Settlements button in the SI Input Detailed screen to invoke the Settlements Details screen Settlement Details Contract Refer
26. instruction should be executed only on month ends the system auto calculates the Next Due Date and displays this dates in the respective field First Due Date Month End Next Due Date 29 Feb 2000 b 29th Feb 2000 30 April 2000 P 30 April 2000 30 June 2000 b 30 June 2000 30 Sept 2000 b 30 Sept 2000 30 Nov 2000 b 30 Nov 2000 Scenario Il You have set the frequency as Yearly Monthly or as a combination and identified the 28 of February 2003 as the First Due Date You have also indicated that the instruction should be executed only at the end of the month In keeping with your specification the system displays the Next Due Date as 28 of February 2003 Scenario Ill Let us suppose that you have set the frequency as Monthly Yearly or as a combination and identified any one of the following dates as the First Due Date e 31 January 2000 e 31St March 2000 e 315 May 2000 e 31 July 2000 e 315 August 2000 e 31 October 2000 e 31St December 2000 The system automatically checks and enables the month end check box option You will not be allowed to change it The instruction will be executed on the last day of the month ot ORACLE Specifying the holiday treatment preference You have to indicate the preferred holiday treatment that should be followed for the frequency due dates that you have specified The options available are as follows e Don t Execute it indicati
27. is used by Oracle FLEXCUBE for the following purposes e The first execution of the instruction is done on this date and e The value dates for subsequent executions will be computed based on this date and the frequency of the instruction Thus the Next Execution Value Date is the date on which the next cycle of the instruction falls due The First Execution Due Date and the Next execution Due Date is relevant only if any of the value dates fall on a holiday in the instruction currency In such a case the Due Date will be the date adjusted according to the holiday handling specifications for the product under which the instruction is being processed The holiday handling specification could be to move the Value Date either backwards or forwards On a rare occasion an instruction cycle that falls on a holiday will be ignored if the holiday rules so specifies Specifying Debit and Credit Accounts In the case of one to one instructions you should define one debit and one credit account For a many to one or one to many instruction the first account you specify will be defaulted and they can be changed ORACLE 4 4 5 1 4 4 5 2 4 4 6 4 4 7 Note If you have specified an account that uses an account class that is restricted for the prod uct an override is sought when you attempt to save the contract Debit Account Description In this field the description of the corresponding debit account is displa
28. link each instruction with a specific customer account or a customer through the Standing Instruction Diary screen You can invoke this screen by typing SIDXDIAR in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button The diary of text based standing instructions that you maintain is meant for your bank s own internal reference Since each instruction is linked to a customer account or a customer it will be executed automatically by the system as of the due date depending on the execution parameters defined for each instruction For instance let us assume that Silas Marner an individual type of customer having a GBP Savings Account in your bank has instructed you to execute an instruction as and when the current balance in his account comes down to GBP 1000 You have to associate the standing instruction with the customer account whereby the instruction will be executed suitably de Standing Instruction Diary B New E Enter Query Instruction Number Instruction Type Frequency Based Branch Code Event Based Instructions Special Instruction Unit Of Instruction Unit Type Account Unit Value AEEA Event Detail Special Instruction Execution Peroidicity m Execution Days Execution Months Execution Years Month End Holiday Preference First Due Date Next Due Date Next Execution Date Fields Mod No Record Status Authorizatio
29. manual is intended for the following Users User Roles Role Function Product Managers Product definition and authorization Account Officer Entry of Standing Instructions End of Day Operators End and beginning of day related processing functions BC Report Query functions Financial Controller Product Generation of reports Managers Documentation Accessibility For information about Oracle s commitment to accessibility visit the Oracle Accessibility Program website at http Avww oracle com pls topic lookup ctx acc amp id docacc Organization This manual is organized into the following chapters About this Manual gives information on the intended audience It also Chapter 1 lists the various chapters covered in this User Manual Chapter 2 Standing Instructions An Overview offers an introduction to the module aper and its features Chapter 3 Defining Attributes talks about defining the attributes specific to setting aper up a Standing Instruction product h 4 Recording an Instruction deals with the sequence of events involved in Chapter recording an instruction Standing Instructions Diary details how you can capture text based Chapter 5 standing instructions and link each instruction with a specific customer account or a customer t1 ORACLE 1 5 1 6 Automatic Processing explains the processes that automatically run peri PHARE G odic activit
30. not be executed on the Month end the Next Execution date will be displayed as follows First Due Month Next Due Holiday Next Execution Date End Date Preference Date 28 Feb 28 Feb Don t Execute 28t February 2000 2000 2000 30 April 30t April Next Working Day 4st May 2000 2000 2000 30 June 30 June Next Working Day 30t June 2000 2000 2000 oF ORACLE 30t Sept 30 Sept Next Working Day 2nd October 2000 2000 2000 30t Nov 30 Nov Don t Execute 30 Nov 2000 2000 2000 Scenario Il You have set the frequency as Yearly Monthly or as a combination and identified the 28 of February 2003 as the First Due Date You have also indicated that the instruction should be executed only at the end of the month Since all weekends are observed as holidays at your bank you have indicated that if the first due date is a holiday the instruction should be executed on the next working day after the holiday In keeping with your specification the system displays the Next Due Date as 28 of February 2003 The Next Execution Date too will be 28 of February 2003 since it is a Friday Maintaining Details of Event Based Instructions If you have indicated that the instruction is to be executed based on an event click on the Event Details tab and specify the event specific details Standing Instruction Diary EX New E3 Enter Query
31. of defining a product is that you can define certain general attributes for a product that will default to all instructions involving it Every time you have to process an instruction for a customer you need not specify its general attributes since they are inherited from the product involved Some of these attributes may have to be changed for an instruction Further attributes specific to an instruction like the accounts involved the currency and amount of transfer etc have to be specified when an instruction is initiated Specifying Standing Instruction Details The details of an instruction are recorded in the Standing Instruction Online Detailed screen You can invoke this screen by typing SIDTRONL in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Standing Instruction Online Detailed E New E3 Enter Query Version Number _ a ot Product Code Product Description Product Type Instruction Type Processing Preferences Execution Time Counterparty Holiday Treatment Instruction Definition Reference No User Reference Debit Details Debit Account Branch Debit Account Debit Account Description Debit Currency Details Minimum Balance After Sweep Minimum Sweep Amount First Execution Value Date Due Date Next Execution Value Date Due Date Standing Instruction Details SI Currency SI Expiry Date SI Amount Credit Details Credit Branc
32. of lack of funds The action code defined for this instruction is shown here If the currency of the instruction and the currency of the accounts Rate Type involved in it are different a conversion rate will be used The rate type defined for this conversion for the product will be shown here First Value Date The date as of which the first execution of the instruction was done This date will be different from the First Due Date if the former fell on a holiday and the SI was executed on a different date First Due Date The date as of which the first execution for the instruction was pro cessed e ORACLE Next Value Date The date as of which the next cycle of the instruction will fall due This date will be different from the Next Due Date if the former fell on a holiday and the SI was executed on a different date Next Due Date The date on which the next execution of the instruction will be pro cessed Month End Indicates whether the instruction is always processed on a month end User Reference The user reference number Beneficiary The name of the customer who is the beneficiary of the instruction SI Expiry Date The date after which the instruction will not be processed SI Currency The currency in which the instruction is processed Amount For a payment and collection type of product this is the amount defined for the instruction Min Sweep Amt This appl
33. on a holiday and the SI was executed on a different date First Due Date The date as of which the first execution for the instruction was pro cessed Next Due Date The date on which the next execution of the instruction will be pro cessed Indicates whether the instruction is always processed on a month Month End end An instruction can be identified by two different numbers one is allot ted by Oracle FLEXCUBE while the other one can be a number input User by you which should typically be the number with which your cus Instruction tomer identifies the instruction called the User Instruction Number Number By default the Instruction Number allotted by Oracle FLEXCUBE and the User Instruction Number will be the same This is the User Instruction Number of the instruction Contract Each execution of the instruction will be allotted a reference number Reference by Oracle FLEXCUBE This number will be shown here ORACLE For a payment type of product with an Action Code of Keep full Max Retry amount pending or Liquidate partially you would define the maximum Count number of times the system should re execute the instruction This number is shown here If a debit account is involved in more than one instruction during the Priority day you would have allotted a priority for each instruction This prior ity is shown here Charge Borne By Indicates the party who will bear the charges
34. overdraft limit Standing Instructions are examples of typical transactions which can force an account to move into overdraft While maintaining the details of an SI product you can indicate whether transactions involving the product need to be considered for referral checks Enabling this option indicates that transactions within the product need to be considered for referral If a product is marked for referral the details of transactions resulting in the account involved in the transaction moving into Overdraft will be sent to the Referral Queue Note Note the following The referral is processed only for those SI instructions in which the Action code is Wait for Further Instruction and the processing time is BOD Referral is not processed for the other SI Instruction Ifan Sl transaction breaches the specified limits the details of the transaction will be displayed in the Unposted Entries section of the queue You can choose to either accept or reject it For further details on Referrals refer to the Processing Referrals in Oracle FLEXCUBE chapter of the Core Entities manual Authorization Re key All operations on an instruction input modification etc have to be authorized e By a user other than the one who carried out the operation and e Before you can begin the End of Day operations If the Rekey Required check box is checked you have to select either Rekey of Amount or Rekey of Curr
35. the current cycle any change to the terms can be made only through the SI Cycle Details table However for such an instruction you can change only the following values e Charge details you can decide to either levy or waive a charge for an event success partial execution or rejection e Action code amount you can change this code This becomes specifically important for an instruction for which you have defined the Action Code as Await further os ORACLE 6 5 2 6 5 3 instructions In such a case you have to change the Action Code before the instruction is retried e Variable SI Amount when you start off with a variable payment instruction you would not have given the SI amount This amount has to be filled in through the amendment operation in the SI Input Detailed screen If the amount is not changed and it remains as zero on the Value Date of the instruction Oracle FLEXCUBE will not process it it will allot it an unprocessed status You should change the amount through the SI Cycle Details table before the variable payment can be processed e Collection flag for a Collection type of instruction the only processing done is the generation of the Collection Advice informing the customer about the non arrival of amount to be collected This advice would remind your customer to follow up on the payment This advice will be generated for a collection instruction cycle till you tick the Collection flag field You
36. time and the page number of the report Body of Report The report is sorted by the product code the product type and the SI type in the ascending order The following information is provided for each contract Processing Time The time of day when the instruction is to be processed Product Code The product under which the instruction is processed The type of product under which the SI is processed It could be Product Type payment collection sweep or variable payment Bale ORACLE The type of standing instruction It could be one to one many to rape one one to many or many to many Instruction This is the instruction number Number Status The status of the instruction due or pending Due Details Next Value Date The date as of which the next cycle of the instruction will fall due This date will be different from the Next Due Date if the former fell on a holiday and the SI was executed on a different date Next Exec Date The date on which the next execution of the instruction will be pro cessed Counterparty The code for the customer The customer s name on behalf of whom the instruction is being Name processed Contract The reference number for the particular cycle of the instruction that Reference is due or pending The date as of which the next cycle of the instruction will fall due SI Value Date This date will be different from the Next Due Date i
37. would do this when the amount that has to be collected on behalf of your customer has come in Operations on SI Cycle Details Screen The following are the operations you can perform on the SI Cycle Details screen e Amend the SI cycle details e Authorize an amendment Refer to the manual on Common Procedures for details on these operations Operations during Beginning of Day During Beginning of Day the payments variable payments sweeps and collections that were defined for this stage either for the product under which they are processed or the instruction itself will be executed The details of the cycle will be updated in the SI Cycle Details table with the appropriate Execution Status For those instructions that have been defined with an Action Code of full pending or partial liquidation the retries will be executed during Beginning of Day only if the instructions are defined for beginning of day execution The accounting entries defined for the payment and the charges will be passed For a collection however only the Collection Advice will be generated To recall this advice will be generated till the Collection Flag is ticked for an instruction The advices defined for the instruction will be put in the Outgoing Message Browser They could be one or more of the following e Successful execution e Collection advice e Payment advice and e Debit advice for charges You can generate them from the browser or carr
38. 1 R No 1 2 R Yes 1 3 R No 1 4 R No 1 5 No 2 1 R No 2 2 R Yes 2 3 R No 2 4 R No 2 5 No Failure advices are generated only during second retry ORACLE 6 5 Specifying SI Cycle Details You need to specify the standing instruction cycle details in the following screen You can invoke this screen by typing SIDCYCLE in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button EX New ES Enter Query Instruction Number Product Type User Instruction Number Standing Instruction Type Counterparty Holiday Rule Latest Cycle Number Processing Cycle Details Contract Reference Cycle Sequence Number Execution Status Unprocessed Version Number Execution Date Currency Value Date Variable Standing Instruction Amount Priority Amount Pending Success Date Action Code On Amount Force Retry Count E Collection Flag Charge On E Success E Partial Execution Retry Details F Serial Number Date AmountExecuted Debit Account Currency Amount Debited Cn El Input By Authorized By Modification Date Time Date Time Number Wi Authorized N Open 6 5 1 Values in SI Cycle Details Screen that can be Modified Once an instruction is past its Value Date for
39. 3 8 7 1 Contents of Report EE REEN E DE Ge ER GE Aes AEA 8 13 8 8 8 9 8 10 8 11 8 12 SI Executed for external Acc DD and Banker s Cheques Report iss 8 16 8 8 1 Contents of the Report ii EE GR ER ER Re ee ee ee ee ee ee GR Re Re ee ee ee 8 16 Standing Orders Placed Today Report se se dee ee ee ee Ee AA ee ee ee ee 8 17 8 9 1 Contents of the Report RR RE EE EE ER ER RR Re Re ee ee ee ee ee RR Ee 8 18 Amendment of Standing Orders Report Stale Cheque Report 8 18 8 10 1 Contents Of the Report ER ER RE EE EE GR ER RR Re ee ee ee ee ee ee ee 8 19 Closed Standing Orders Report iese ee ee ee ee ee ee ee ee 8 20 8 11 1 Contents of the Report ER RR AE EE EE ER GR RR Re ek ee ee ee ee ee ee 8 20 Penalty on Rejected Standing Orders Report ee ee ee de ee RA ee ee 8 21 8 12 1 Contents of the Report ER RR RE EE EE ER ER ER Re ee ee ee ee ee ee ee 8 22 Function ID Glossary si RE EG ee eee 9 1 1 1 1 2 1 3 1 4 1 Preface Introduction This manual is designed to help you to quickly get familiar with the Standing Instructions SI Module of Oracle FLEXCUBE It provides an overview to the module and takes you through the various stages in setting up instructions that Oracle FLEXCUBE should automatically process You can further obtain information specific to a particular field by placing the cursor on the relevant field and striking lt F1 gt on the keyboard Audience This
40. E You can capture the execution periodicity details of an instruction under the Frequency Details section of this screen Standing Instruction Diary E New ES Enter Query Instruction Number Instruction Type Frequency Based Event Based Branch Code Special Instruction Instruction el Unit Of Instruction Unit Type Unit Number Frequency Detail Event Detail Special Instruction Execution Periodicity Execution Days Execution Months Execution Years Month End Holiday Preference First Due Date Next Due Date Next Execution Date Input By Authorized By Modification Date Time Date Time Number W Authorized M Open Setting the Execution Periodicity If you have indicated that the particular instruction is to be Frequency Based you have to set the frequency at which the system has to execute the instruction The options available are e Days indicating that the instruction should be executed as per the number of days specified in this field You can choose to execute the instruction on a daily basis or once in every few days For instance your requirement is for the standing instruction to be carried out once in every 20 days You have to capture 20 in this field The system will execute the order once in every 20 days e Months indicating that the execution periodicity should be on a monthly basis For example if you wa
41. I REFR 003 Duplicate External Instruction Number 1 SI REFR 004 Duplicate Oracle FLEXCUBE Instruction Number 1 SI RESP 001 Contract Successfully Saved SI RESP 002 Contract Successfully Saved and Authorized SI RESP 003 Contract Could not be saved because of Overrides SI RESP 004 Failed to Save the Contract SI RESP 005 Contract Deleted Successfully SI RESP 006 Failed to Delete the Contract because of Overrides SI RESP 007 Failed to Delete the Contract SI RESP 008 Instruction Successfully Authorized SI RESP 009 Failed to Authorize the Instruction because of Overrides SI RESP 010 Failed to Authorize the Instruction SI RESP 011 Contract Successfully Rejected SI RESP 012 Failed to Reject the Contract because of Overrides SI RESP 013 Failed to Reject the Contract SI RESP 014 Contract Successfully Put On Hold SI RESP 015 Failed to Put the Contract On Hold SI RESP 016 Failed to Put the Contract On Hold because of Overrides SI RESP 017 Failed to Copy the Contract SI RESP 018 Contract Successfully Modified SI RESP 019 Contract Successfully Modified and Authorized SI RESP 020 Contract Could not be Modified because of Overrides SI RESP 021 Failed to Modify the Contract SI RESP 022 Failed to Cancel the Contract a ORACLE Error Code Message SI RESP 023 Contract Successfully Closed SI RESP 024 Contract Successfully Closed
42. Number Indicates account number Title of Account Number Indicates the title of account number Amount Indicates the amount Currency Indicates the currency Start Date Indicates the start date End Date Indicates the end date Frequency of Standing Order Indicates the Frequency of Standing Order eee ORACLE 9 Function ID Glossary B SIRPAMND cee 8 19 BCSTRONL a 4 14 SIRPEOLL EES SES ee 8 5 SIRPCUST ou cece 8 7 S SIRPDELT oo cesscccccssssteeeeeeee 8 20 SIDCONON eee 4 1 SIRPDUE ie ees esse 8 13 SIDCYCLE ee ees ee ee ee 6 4 SIRPLTOD ees ese ee 8 17 SIDPRMNT c ee ee 3 1 SIRPREUT sees ee sesse 8 21 SIDTRAUT versieren 4 15 SIRPSUXS ee ee ee ee 8 1 SIDTRONL ee ee ee 4 1 SIRPTYPE caai 8 10 SIDXDIAR 1 SIRPUNSC ou ee ee 8 3 SIRACCBC ees 8 16 SISTRONL ee ese ee 4 14 l ORACLE
43. R Re ee ek Ge ke ee ee 5 1 5 1 2 Identifying Customer Savings Account Number see ee se ke ee ee ee 5 2 5 1 3 Capturing Details of Instruction ee ee GR Re Ge Re ee ee Re ee ee 5 2 5 1 4 Specifying Your Preference for Instruction Type iii ee Re ee ee 5 2 5 1 5 Maintaining Details of Event Based Instructions ees ee se se Re ee 5 6 5 1 6 Maintaining Details of a Special InstructiON ie ee ee ke ee ee 5 8 5 1 7 Viewing Standing Instructions associated with a Customer or Customer Account 5 1 8 Operations on SI Diary Record ee GR Re eiia ina ee iaa 5 9 5 2 Maintaining Instruction TYDeS esse ee ee ee ee Ee AA Re AA ee ee ee ee ee ek ee ee ee 5 9 5 2 1 Operations on Instruction Type Record EE RE EE Ee ER GR Re 5 10 Automatic Processing issie de ee GEE REDE KEES Se REGEER De ne eb Ee 6 1 641 Introduction ES Ee EI De GE OR BEKKE ON ee ee ey ke ee Ee Ge Sy ER De vb sed ee Fee 6 1 02 Handing IE ER RA EE N 6 1 6 3 SI Cycle Due Table iis GE GE dace NR Ge EE Ve DA Ge EE Gede A 6 1 64 Generating Failure Advices ii ee ee ee ee ke ee ee ee ke ee ee ee Re ee ee ee ke ee ee ee ke ee ee 6 2 6 5 Specifying SI Cycle Details oo ee ee AR Re AA RR AR Re ee ee Re ee ee ee ee ee 6 4 6 5 1 Values in SI Cycle Details Screen that can be Modified iis 6 4 6 5 2 Operations on SI Cycle Details Screen RR RR AR RR ke ee 6 5 6 5 3 Operations during Beginning of Day RR AA AR RR ee RR ke ee ee 6 5 6 5 4 Operations
44. Report Format Report Output PDF Printer At Client Print Printer Specify the following details Date Specify the date ee ORACLE 8 3 1 Click OK to generate the report Contents of Report Header The Header carries the title of the report information on the branch code branch date the user id the module name run date and time and the page number of the report Body of Report The report is sorted by the product code the product type and the SI type in the ascending order The following information is provided for each contract Product Code The product under which the instruction is processed Product Type The type of product under which the Sl is processed It could be pay ment collection sweep or variable payment SI Type The type of standing instruction It could be one to one many to one yP one to many or many to many Instruction This is the instruction number Number Process Time The time of day when the instruction is to be processed SI Exec Status The status of the instruction due or pending The date as of which the next cycle of the instruction will fall due SI Value Date This date will be different from the Next Due Date if the former fell on a holiday and the SI was executed on a different date Contract The reference number for the particular cycle of the instruction that is Reference due or pending Cycle Sequence Number This is the cy
45. Standing Instructions User Guide Oracle FLEXCUBE Universal Banking Release 12 0 87 1 0 November 2015 ORACLE Standing Instructions User Guide November 2015 Oracle Financial Services Software Limited Oracle Park Off Western Express Highway Goregaon East Mumbai Maharashtra 400 063 India Worldwide Inquiries Phone 91 22 6718 3000 Fax 91 22 6718 3001 www oracle com financialservices Copyright 2007 2015 Oracle and or its affiliates All rights reserved Oracle and Java are registered trademarks of Oracle and or its affiliates Other names may be trademarks of their respective owners U S GOVERNMENT END USERS Oracle programs including any operating system integrated software any programs installed on the hardware and or documentation delivered to U S Government end users are commercial computer software pursuant to the applicable Federal Acquisition Regulation and agency specific supplemental regulations As such use duplication disclosure modification and adaptation of the programs including any operating system integrated software any programs installed on the hardware and or documentation shall be subject to license terms and license restrictions applicable to the programs No other rights are granted to the U S Government This software or hardware is developed for general use in a variety of information management applications It is not developed or intended for use in any inherently dangerou
46. an be generated as of a specific date You can invoke this screen by typing the code SIRPCOLL on the field at the top right corner of the Application tool bar and click on the adjoining arrow button EJ Standing Instruction Pending Collections Report Pending Collections Report Date Report Format PDF Printer At Client Report Output Print Printer Specify the following details Date Specify the date for which the report needs to be generated Click OK to generate the report ii ORACLE 8 4 1 Contents of Report The report options that you selected while generating the report are printed at the beginning of the report Header The Header carries the title of the report information on the branch code branch date the user id the module name run date and time and the page number of the report Body of the report The report is sorted on the customer number and instruction number in the ascending order The following information is provided for each instruction Instruction This is the instruction number Number The date as of which the first execution of the instruction was Value Date done This date will be different from the First Due Date if the for mer fell on a holiday and the SI was executed on a different date SI Type The type of standing instruction It could be one to one many to yP one one to many or many to many Product Type This is the type of pr
47. and Authorized SI RESP 025 Contract Could not be Closed because of Overrides SI RESP 026 Failed to Close the Contract SI RESP 027 Operation Deleted Successfully SI RESP 028 Contract Successfully Reopened SI RESP 029 Contract Successfully Reopened and Authorized SI RESP 030 Contract Could not be Reopened because of Overrides SI RESP 031 Failed to Reopen the Contract SI VALS 001 1 Cannot be Null SI VALS 002 1 is Invalid SI VALS 003 1 is Not allowed for Current Branch or User SI VALS 004 Invalid 1 2 SI VALS 005 Invalid value 1 for 2 SI VALS 006 1 Record Status is Closed SI VALS 007 1 is Unauthorized SI VALS 008 1 2 must be Unique SI VALS 009 Execution Periodicity 1 Cannot be Less than 1 SI VALS 010 Product Start date is greater than branch date SI VALS 011 1 is not a valid Account of Branch 2 SI VALS 012 1 Record Status is Closed SI VALS 013 1 is Unauthorized SI VALS 014 Product End date is Lesser then branch date SI VALS 015 Action Code Should be Full Pending for Collection Product Type SI VALS 016 Action Code Should be Ignore for Sweep In and Sweep Out Product Type SI DEF 001 Execution Periodicity is Not Needed Ignored SI DEF 002 Minimum Balance After Sweep is Not Needed Ignored SI DEF 003 Maximum Retry is Not Needed Ignored SI DEF 004 Charge On Partial is Not Needed Ignored SI DEF 005 Charge On Reject is Not Needed Ignored TA ORACLE Error Code Message
48. anding Order Placed Today Report You can invoke Standing Order Placed Today Report screen by typing SIRPLTOD in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Standing Orders Placed Today Branch Code Date Product Type Payment ReportFormat PDF Printer At Client Report Output Print Printer You can specify the following parameters here onl ORACLE 8 9 1 8 10 Branch Code Specify a valid code of the Branch in which report is being generated from the adjoining option list Date Specify a date for which you want to generate standing orders placed report from the adjoining calendar Product Type Select a valid type of the product for which the standing orders were placed from the adjoining drop down list This list displays the following values e Sweep in Select if the product is sweep in product e Collection e Sweep Out e Payment e Variable Payment Contents of the Report The parameters specified while generating the report are printed at the beginning of the report Other content displayed in the Standing Order Placed Today Report is as follows Header The Header carries the title of the Report information on the branch code branch date the user id the module name run date and time and the page number of the report Body of the Report The following details are displayed as body of the generated report Fi
49. arty Override SI CONO46 Minimum balance after sweep should be same across contracts Over ride SI CONO47 Minimum sweep amount cannot be greater than SI amount SI CON048 Debit account and credit account must be different SI CONO49 Unable to update contract log MIS SI CONO50 Execution on month ends only SI CONO51 Are you sure you want to delete the contract SI CONO52 Picking MIS defaults for 1 SI CON053 MIS defaults changed for 1 SI CONO54 Picking ICCF defaults for 1 a ORACLE Error Code Message SI CON055 ICCF defaults changed for 1 SI CONO56 Picking tax defaults for 1 SI CONO57 Tax defaults changed for 1 SI CON058 Picking settlement defaults for 1 SI CONO059 Settlement defaults changed for 1 SI CONO6O Unable to generate reference number SI CON061 Unable to get calendar for date 1 amp branch 2 SI CON062 Unable to update contract change log SI CON063 All cycles of this contract have not been processed Deletion disal lowed SI CON064 Expiry date cannot be before today SI ICCF1 ICCF referral failed SI ICCF2 Failed to update ICCF status as waived SI NOACC Amount check failed for accounts 1 and 2 SI CONO6S 1 Account Ccy is different from SI Amount Ccy so resetting SI Amount to null SI CONO070 Advices defaults changed for 1 SI CONO71 Are you sure you want to Delete the Contract 1 SI CONO72
50. cle sequence number Retry Sequence Indicates retry sequence number Number The date on which the next execution of the instruction will be pro SI Exec Date cessed Action Code Indicates the action that is to be taken in case the instruction is not processed on the due date due to lack of funds in the debit account SI Currency The currency in which the instruction is processed SI Amount The amount that is transferred when the instruction is processed Retry Sequence The maximum number of times that the instruction will be retried for Number execution Instrument Indicates instrument number Number a ORACLE 8 4 If the debit account is involved in more than one instruction during Priority the same day you should allot the order in which they should be pro cessed The priority allotted for this instruction is shown here Amount The amount that is pending Pending Amount If the instruction is executed the amount is transferring Executed Charges on Indicates whether any charges have to be levied when this instruc Success tion is processed on successful execution partial execution or on Rejection rejection Partial Execution Standing Instruction Pending Collections Report The standing collection orders that are pending execution as of a date are reported by this report The report can be generated either for today or a date in the past Selection options The report c
51. d next value date based on the periodicity defined for the product The Expiry Date will be the date until when the instruction will be processed Specifying Instruction Currency and Amount The SI amount that you specify while processing an instruction has different interpretations depending on the type of SI as follows Payment This is the amount that should be transferred whenever the instruction is executed Collection This is the amount that would be coming in for the customer for every cycle This amount is for information purposes only and no accounting entries will be passed for it Sweep in This is the balance in the credit account that should trigger a sweep in of funds The sweep transaction will be executed if the balance in the credit account goes below this amount Sweep out This is the balance in the debit account that should trigger a sweep out of funds The sweep transaction will be executed if the balance in the debit account becomes greater than this amount Variable Payment This is the amount that should be processed for the next cycle of the variable payment transaction Every time a cycle of the variable payment instruction is executed the SI Amount i ORACLE 4 4 3 4 4 4 4 4 5 field is reset to zero You should put in the SI Amount applicable for the next cycle through the Amend operation on the SI Input Detailed screen If the amount is not changed and it remains as zero on the Value Date o
52. duct SI PRO13 Product code cannot be null SI PRO14 Maximum retry count input is mandatory SI PRO15 Execution periodicity has to be specified SI PRO17 Action to be taken in case of a holiday has to be specified SI PRO18 Processing time has to be specified SI PRO19 Action code amount cannot be null SI PRO20 Minimum sweep amount has to be specified SI PRO21 A closed product cannot be reopened again it ORACLE Error Code Message SI PRO22 Instruction has to be different from existing product codes and instruc tion codes SI PRO23 Product code has to be different from existing instruction codes SI PRO24 Instruction code should be four characters long SI PRO25 Instruction code should have at least one non numeric character SI PRO26 Instruction code cannot start with alphabet z SI PRO27 Instruction code should contain A Z and 0 9 characters only SI PRO28 Instruction code has to be different from product code SI PRO29 Either rekey of currency or rekey of amount need to be marked SI PRO30 Minimum sweep amount currency has to be specified SI PRO31 Are you sure you want to close this product SI PRO32 Unauthorized products cannot be closed SI SAVED Instruction saved successfully SI SWOOO1 Balance could not be got for 1 in branch 2 SI SWOOO3 Could not get account type for account SI SWOOO4 Could not obtain the availab
53. dures User Manual for details on these operations 10 ORACLE 6 1 6 3 6 Automatic Processing Introduction Once an instruction has been recorded in the system it will be executed on the due date by an automatic process This automatic process has to be executed twice everyday as follows e During the beginning of day when the payment instructions scheduled for BOD execution are processed and e After end of transaction input has been marked when payment messages scheduled for EOD execution and all other instructions due for the day are processed During end of day any instruction that falls due for the day that was initiated during the day will also be executed Handling Holidays When an instruction is processed at regular intervals chances are that a due date falls due on a holiday In such a case the due date has to be adjusted to be processed on a working day This adjustment can be made in one of the following ways e Bring the due date backward in which case the instruction will be processed on the working day before the holiday e Push the due date forward in which case the instruction will be processed on the working day after the holiday e Let the cycle lapse in which case the instruction will not be processed for the cycle at all The above mentioned cases can be handled at the product level in order to adjust the due date on a working day If the due date is brought backward or pushed bac
54. during End of Day iii ees ee ke Ee RR ke ee ee Re ee ee Re ee ee ee 6 6 6 5 5 Handling of Calculate SI Amount Flag during Batch Processing of SI SIAUTOPR Error Codes and Messages ssssssseseesseeeeeeeeeeeeeeeeeeeeeeeeeeeenseensenneeeeees 7 1 7 1 Error Codes and Message S iii ee ee ee ee ee Re ee ee Re ee AR ee de ee ee ee ee ee ee 7 1 FRE POMUS RE EE ER OE ORE EE AE 8 1 Sul JImtrOduCtlon ES EE GE EG GO rg EE EE Ge ed ane ee GER Re GES 8 1 82 Successful Standing Instructions Report ese ee Re AR Re ee ee ee ee 8 1 8 2 1 Contents Of Report iii EER ERA EE EE EE ER GR RR e ee ee ee ER GR ER Re ek ee ee ee 8 2 83 Unsuccessful Standing InstructionS ie ee ee AA Re RA ee AA ee ee ee ee 8 3 8 3 1 Contents Of Report ER EER EE EE EE EER GER RR Re Re ee ee ee ee ee ER RR Re ee ee 8 4 8 4 Standing Instruction Pending Collections Report se ee ee ke ee 8 5 8 4 1 Contents of Reports Ed Eis ada sei et EEA Es 8 6 8 5 Standing Instructions by Customer Report iese se ee ee ee ee ee ee Ge AA ee ee 8 7 8 51 Selection O IO S sis es ee RA DR RE DER bees ii base 8 7 8 5 2 Gontents of Report EE EES RSA ete EERS be AE KERS ES EE Gee eee 8 7 8 6 Standing Instructions by Product Type Report esse ee se Re ee ee RA Ak ee ee 8 10 8 6 1 Selection ODHONS ee 8 10 8 6 2 Contents of the Report RE RE EE EE ER ER RR Re Re ee ee ee ee ee ee ee RR Ee 8 10 8 7 Standing Instructions Due Pending Report ee ee ee RA ee ee 8 1
55. e Instrument ARC maintenance Once DD BC issue transaction is created the transactions would be available as a part of Web Branch DD BC issued data stores After that system would do the message handoff to generate the DD PO After successful generation of instrument message system would internally update the instrument number for the contract In case of foreign currency instruments the system would generate MT110 along with the Draft PO MT110 would be created with the message type as DD_ISSUE The following setting needs to be done for SI Transaction In SI details screen any instruction for issuing DD PO the Credit Account will be selected as a Payable GL During SI save when the user selects Credit Account as Payable GL and Payment Mode as Instrument the system performs following validations Instrument Type should not be null Ultimate beneficiary details are mandatory Name and Address Payable Bank and Branch should not be null In SI Settlements the user has to select the appropriate Instrument Type to generate DD PO For issuing Demand Drafts and Banker s Cheque instrument types should be DDG DDA and BCG BCA respectively In SI settlements Other Details tab option Waive Charges on Instrument Issue has to be selected to waive off any instrument charges maintained at ARC maintenance SI batch that executes would create DD BC issue transaction The popu
56. e account Maximum Retry Count The action code for a product indicates the action to be taken when the account to be debited for an instruction does not have the requisite balance One of the actions could be for the full amount to be kept pending and the instruction re executed daily However you can fix the maximum number of times the SI should be re executed This number is defined as the maximum retry count The SI for the current cycle will be skipped after this number has been reached Please note that this number will also include the first time the system tries to execute the instruction That is if the maximum retry count is five the system will try to re execute the SI after the first try for four times SI Type The number of accounts involved in an instruction may be more than one Typically you would debit one customer account and credit another to execute an instruction All the examples we have discussed so belong to this category Under some circumstances you may have to debit a single account and credit many accounts or vice versa In Oracle FLEXCUBE you have to specify this by defining the appropriate SI type for the product The options available are One to one One account has to be debited and one credited One to One account has to be debited and more than one credited many Many to More than one account has to be debited and one account credited one Many to More than one account has to be
57. e bills where the amount would be different each time Thus for a variable payment type of instruction you would specify the amount every time a cycle has to be executed Note If the flag Calculate SI amount is checked at SI Online Detailed screen SIDTRONL then the Sweep amount is calculated as Sweep Amount Available Balance in the account on the instruction Date Threshold Balance Sweep Amount Available Balance SI Amount This calculated Sweep Amount is processed during the batch processing of SI instruction number Reports Information on the Sls defined and processed in Oracle FLEXCUBE can be retrieved in many forms These reports can either be printed or displayed on the screen The following are the reports for the SI module e Successful Standing Instructions Report e Unsuccessful Standing Instructions e Standing Instruction Pending Collections Report e Standing Instructions by Customer Report e Standing Instructions by Product Type Report e Standing Instructions Due Pending Report e SI Executed for external Acc DD and Banker s Cheques Report e Standing Orders Placed Today Report e Amendment of Standing Orders Report Stale Cheque Report e Closed Standing Orders Report e Penalty on Rejected Standing Orders Report ee ORACLE 3 1 3 2 3 Defining Attributes Introduction A product represents a specific service offered by your bank For example a certain type of account sweep a
58. e is brought backward or pushed forward the value date of the accounting entry for the instruction will be the working day on which it was processed Minimum Sweep Amount This applies for a sweep in and sweep out type of product You should define the minimum amount that is to be transferred in an account sweep If the amount in the Sweep From account is more than the defined SI amount but the sweep amount is less than the minimum sweep amount then the sweep will not be executed Action Code Amount The SI is processed on its due date and the necessary transaction is effected if the debit account has sufficient balance An SI will not be processed if there are insufficient funds in the ORACLE account to be debited In such a case the Action Code specified for the product will decide the action to be taken It could be Partial Liqui dation The system will first attempt an SUXS If SUXS fails due to insufficient funds Available Balance lt SI Amount in the account the SI will be exe cuted to the extent of the funds available This is known as partial execu tion The event PEXC is triggered during a partial liquidation execution The rest of the amount will be collected during subsequent retries subject to the Maximum Retries defined for the instruction The system will attempt SUXS only once during the day first time If it fails only PEXC will be attempted on every subsequent retry Therefore if betwe
59. eated in your bank has certain general attributes An instruction that you record acquires the general attributes that were defined for the product that it involves These general attributes are e The product code description slogan start and end date for the product and remarks e How the instruction is to be processed in case the processing date falls on a holiday e The mode of payment and the currency rate that is to be used in case it is a cross currency transaction e The frequency of the execution e The action to be taken if the account to be debited for an instruction does not have sufficient funds e Details of charges applicable on an instruction e Other tax details like the component being taxed the type of tax and the event opening execution etc upon which it is applied e The accounting roles and the General Ledgers for accounting purposes when an event execution partial execution etc takes place and the advices to be generated e The customer categories and customers for whom you can process instructions involving the product e The branch and currency restrictions An instruction that you record acquires the details specified for the product that it involves However you also need to enter information that is specific to the instruction You can enter details specific to an instruction in the SI Contract Details screen You have to specify the following details for each instruction e Counterparty on behalf
60. eld Name Field Description Account no Indicates Debit account number Customer name Indicates Customer name Priority Indicates Priority Product Type Indicates SI product type Frequency Indicates Instruction frequency Next Due Date Indicates Next Instruction scheduled date CCY Indicates Standing Instruction amount currency Payment Amount Indicates Standing Instruction Amount Beneficiary Name Indicates Credit Account holder name Beneficiary Ac No Indicates Credit Account Number Amendment of Standing Orders Report Stale Cheque Report This report gives details on amendment of Standing Orders Report Stale Cheque Bele ORACLE 8 10 1 You can invoke Standing Order Placed Today Report screen by typing SIRPAMND in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Amendment of Standing Orders Report Stale Cheque Report All Branches Single Branch Branch Report Date Report Format Printer At Client Report Output x Printer You can specify the following parameters here Branch Specify a valid name of the Branch in which report is being generated from the adjoining option list Date Specify a date for which you want to generate standing orders placed report from the adjoining calendar Contents of the Report The parameters specified while generating the report are pr
61. en the SUXS and PEXC events the available balance increases to cater to the full SI the PEXC event ONLY will be triggered This means that the entire SI amount may be posted for the PEXC event as well Thus an SI can have many PEXC events as many re tries for a cycle whereas SUXS event will be triggered only once for a cycle However the event PEXC is triggered only if the Action Code is speci fied as Partial Liquidation Full pending The SI is not executed until there are sufficient funds in the account The system will re execute the instruction daily for the number of times defined as Maximum Retries If the debit account is not funded suffi ciently then the system will fire the REJT event during the first try as well as on the subsequent retries In this case only an SUXS is triggered subject to the availability of funds to the extent of the SI amount The event PEXC will not be triggered even if partial funds are available in the account Ignore The current installment is not executed at all and system will fire the REJT event The next cycle will be processed on the next due date based on the availability of funds Await fur ther instruc tions The instruction is not processed again until its action code is changed in the Instructions Due Table The SI Cycle Details table is automatically created when the automatic processing of Sls for the day takes place for deta
62. ence Component edel EIE Payment Details Parties Parties Local Clearing Other Details Settlement Details 10f1 Component Currency Debit Credit Account Account Description Branch AccountCurrency Original Exchange Credit v Sianature Verification Besides the account details the other details that are available include the currency in which the component is expressed its Account Branch Account Number Account Description Account Currency Debit Credit Original Exchange Rate in the case of the component currency being different from the account currency Rate Code Mid buy sell Spread Definition Customer Spread Euro in Currency Euro in Amount Generate Message Netting Indicator IBAN Account Number Negotiated Cost Rate Negotiation Reference os ORACLE 4 7 Note If you have specified an account that uses an account class that is restricted for the prod uct an override is sought when you attempt to save the contract You can specify the mode of payment by SWIFT or by an instrument and also verify customer signatures through the Settlement Instructions screen Negotiated Cost Rate Specify the negotiated cost rate that should be used for foreign currency transactions between the treasury and the branch You need to specify the rate only when the currencies involved in the transaction are different Otherwise it will be a normal transaction The system will display
63. ency or both in the product level While authorizing the standing instruction system asks for the reinput of the selected Rekey fields Authorizer has to input these values System validates these values against the original values specified by the maker If it matches the instruction will be authorized otherwise the system displays the error message Rekeyed contract amount currency is wrong If no re key fields have been defined the details of the instruction will be authorized immediately once the authorizer clicks the authorize button in Standing Instruction Contract Authorization screen The re key option also serves as a means of ensuring the accuracy of inputs a ORACLE Duplication Recognition You can specify the following details related to duplication check for transactions The duplication check is carried out based on the combination of the preferences maintained at the SI product level Product Code Check this box to indicate that the product code needs to be considered while checking for duplicate transactions Cr Account Check this box to indicate that the Cr account needs to be considered while checking for duplicate transactions SI Currency Check this box to indicate that the SI currency needs to be considered while checking for duplicate transactions SI Amount Check this box to indicate that the SI amount needs to be considered while checking for duplicate transactions Book Date Check this box to
64. erated on month ends Do you want to con tinue SI DIA0020 Execution periodicity cannot be null Enter either the days or months or years or all the three SI DIA0021 Execution periodicity is not applicable for Event based Detail Do you want to continue SI DIA0022 Execution periodicity is not applicable for Special Instruction Do you want to continue SI DIA0023 Either the months or years field must have the value greater than zero SI DIA0024 Execution Periodicity days or months or years field should not have a negative value SI INSTRO1 Instruction type must be unique SI INSTRO2 Instruction type cannot be NULL SI LOCK 001 Failed to Obtain the Lock SI MANO1 1 Cannot Be Null SI MAND 001 Mandatory Field 1 is Not Input SI MAND 002 Mandatory Field 1 is Not Input in 2 for Record 3 SI MINMAX1 1 value cannot be less than 2 SI MINMAX2 1 value cannot be greater than 2 SI MINMAX4 Invalid Date SI MINTES1 Minimum amount cannot be greater than Maximum amount SI NAOO1 Batch process can be run only during Transaction Input SI OTHR 001 Unhandled exception in 1 SI OTHR 002 Unhandled Error in 1 i ORACLE Error Code Message SI PRO33 For execution periodicity either Days or Months or Years should be entered SI PRO50 Standing Instruction Type Cannot Be Null SI PRO51 Holiday Exception Cannot Be Null SI PRO52 Cannot Con
65. es will not be responsible for any loss costs or damages incurred due to your access to or use of third party content products or services Contents di eS EN EE OE EE EN 1 1 ED ee ee OE REEN OE RA OE EE EN NE EE 1 1 12 el ER EE EE RE OR OE OE OE OE 1 1 1 3 Documentation Accessibility ce se ee ee Re ee ee ee Ge RR ee ee ee ee 1 1 14At oe Is ERA EE OR OE OE EE EE ture 1 1 1 5 Glossary oli EENS ti ESEL E Ee Ge RE Ee Ee Be DE Ee oa Eg aaa 1 2 1 6 Related DOCUMOMS N 1 2 Standing Instructions an Overview o cee cccceeeeeeeeeeeeeeeeeeeeeeeeeeeeneeeeeneeeees 2 1 2 4 Introduction RE EE eed ile EE EE EE EE EE N 2 1 22 Key Features of SI Module ee ee ee AA Re AA ee Re ee AA ee ee ee Re ee ee Re ee ee 2 1 2 2 1 Processing Standing Payment Orders iese ee ee ke Ge RR ke ee ee 2 1 2 2 2 Processing Standing Collection Orders RR ee RR ee ee 2 1 2 2 3 Processing Sweep In Transactions ee Re EA GR RR ee GR RR ee ee 2 1 22 4 RepORS EENS RSG ees ES DE GN EER GE Ge EL el GEE Se Re ye ee EA 2 2 Defining Attri DUTOS ss SEERDE EER ASSESSEER Rae OE ROER EE EED EE GE 3 1 Sel introduction erden EE GER EE ee EE GE ee ia Ar GER Mine ee 3 1 3 2 Creating a Products se EE EE Ee el aint nti ea ee dais 3 1 3 2 1 Defining the Product TYP iii eek ee atena Ge Re ee ee ee Re ee ee Ge TEn ee 3 3 3 3 Setting Product PreferenceS ii ee ee ee ee ee ee AA ee AA ee ee ee ee ek ee ee ee 3 3 3 3 1 Indicating the Processing Type
66. f the former fell on a holiday and the SI was executed on a different date SI Expiry Date The date as of which the cycle falls due Max Retry Count The maximum number of times that the instruction will be retried for execution Action Code Indicates the action that is to be taken in case the instruction is not processed on the due date due to lack of funds in the debit account Charge Borne By Indicates the Charge borne by If the debit account is involved in more than one instruction during Priority the same day you should allot the order in which they should be processed The priority allotted for this instruction is shown here SI Amount The currency in which the instruction is processed Currency SI Amount The amount that is transferred when the instruction is processed Charges on Indicates whether any charges have to be levied when this instruc Success tion is processed on successful execution partial execution or on Rejection Partial rejection Execution ORACLE Debit and credit Branch Currency Account Name Amount These are the details of the debit and credit account of the transac tion the branch the account currency the account number the customer s name and the amount transferred Processing Time The time of day when the instruction is to be processed Pending Details Instruction This is the instruction number Number Stat
67. f the instruction Oracle FLEXCUBE will not process it it will allot it an unprocessed status You should change the amount through the SI Cycle Details table before the variable payment can be processed during a subsequent retry Note The instruction currency is the one in which the instruction should be executed The SI amount that you specify is taken to be in the instruction currency The currency of the debit and credit accounts can however be different from this currency In such a case Oracle FLEXCUBE will use the conversion rate specified for the product Further the holiday checking for an instruction will be done for the instruction currency Calculate SI Amount This field is used to calculate the amount for the periodic sweep When the Calculate SI amount flag is checked at SI Online Detailed screen SIDTRONL then the system will do the following validations e System will validate and allow the user to check the box only for variable Payment SI Instruction type e System will validate for the SI amount currency and the Debit Account currency to remain same e System will validate for the Maximum Retry Count to be entered as 1 e System will validate for the Action Code to be entered as Ignore e User will be allowed to enter the amount details in Minimum Sweep Amount field Value and Due Dates The First Execution Value Date is the date you should specify while processing an instruction This date
68. for the instruction Action Code For a payment type of product you should define the action to be taken when an instruction is not executed because of lack of funds The action code defined for this instruction is shown here User Reference Indicates user reference It is the name of the customer who is the beneficiary of the instruc Beneficiary ti n SI Currency The currency in which the instruction is processed For a payment and collection type of product this is the amount Amount l defined for the instruction Min Sweep Applies for a sweep type of product This is the minimum amount that Amount has been defined for a sweep to be executed Min Bal after The minimum amount that should be available in the Sweep From Sweep account after the sweep has been executed Charge on Indicates whether charges are to be applied for instruction when it Success has been successfully executed or partially executed or rejected Partial execution Reject Debit Branch The details of the debit account the branch account number and Account currency Currency Credit The details of the credit account the branch account number and currency Product Type Indicates product type Count Indicates count Total no of Indicates total no of instructions instructions ORACLE 8 7 8 7 1 Standing Instructions Due Pending Report The Standing Instructions Due Pending
69. g the counterparty will lead to re pickup of subsystems The following fields will be made available for amendment at the contract level e Action Code e Charge On Success e Charge On Partial Success e Charge On Reject e Retry Count e Charge Whom e Minimum Sweep Amount e Minimum Balance After Sweep e SI Amount e SI Amount Ccy e Dr Account Branch e Dr Account e Cr Account Branch e Cr Account The FLEXML interface will carry out the following as a part of the amendment upload e Anew version ofthe instruction is created and based on the data that is being amended replication re pickup for subsystem is carried out Subsequently the accounting and advice generation based on the amendment event maintenance in product definition will be processed e The post upload auth status will be accepted as a parameter to the amendment service e The action to be taken on override and exception is similar to the processing done as in the case of Save of a new instruction 4 13 1 SI Batch Processing The standing instructions batch processing is given below 10 ORACLE The system would initially post the accounting entries by debiting the customer account and crediting the payable GL for the SI transaction amount The system would prepare the instrument transaction data to be uploaded and the same would be uploaded to create the instrument transaction By debiting Payable GL DD BC transaction would be created as per th
70. h Credit Account Credit Account Description Credit Currency Maximum Retries Ed Action Code Standing Order With Instruction Number Instrument Number Source Code User Instruction Number Execution Periodicity Execution Days Execution Months Execution Years Charge Information Borne By Priority Remarks Month End 1 Of 1 LBL TANKED STAT Charge on Success Charge on Partial Charge on Reject Free Format Payment Details Events ChangeLog Settlements Advice Charges Tax MIS Fields Duplication Details Maker ID Checker Id Contract Status Authorized Maker Date Stamp Checker Date Stamp From this screen you can navigate to the following screens that will contain values that are applicable by default depending on the product involving the instruction e Sl Advices screen e Sl Charges screen 4 ORACLE 4 3 4 4 e SI Tax Details screen You can choose to modify or waive the charges suppress the generation of an advice or waive a tax Operations on Instruction The following are the related activities that you can perform on an instruction e Open an instruction e Delete the details of an instruction e Amend the details of an instruction e Authorize an instruction e Close an instruction e Reopen an instruction Please refer to the user manual on common procedures for details on these procedures Features of SI Input Details Screen Every product that is cr
71. h Branch Report Date Date Report Format PDF Printer At Client Report Output Print Printer You can specify the following parameters here Branch Specify a valid name of the Branch in which report is being generated from the adjoining option list Date Specify a date for which you want to generate standing orders placed report from the adjoining calendar Contents of the Report The parameters specified while generating the report are printed at the beginning of the report Other content displayed in the Closed Standing Orders Report is as follows Header The Header carries the title of the Report information on the branch code branch date the user id the module name run date and time and the page number of the report 8 20 ORACLE Body of the Report The following details are displayed as body of the generated report Sr No Field Name Field Description 1 Reference Number Indicates reference number 2 Dr Customer Account Number Indicates Dr customer account number 3 Customer Title Indicates the title of the customer 4 Event Sequence Number Indicates event sequence number 5 Frequency Indicates Instruction frequency 6 Cr Account Number Indicates Cr account number 7 Cr Account Title Indicates Cr account title 7 Booking Date Indicates booking date 8 Start Date Indicates start date 9 End Date Indicates end date 10 Previous Value Date I
72. h Processing of SI SIAUTOPR If the flag Calculate SI amount is checked at SI Online Detailed screen SIDTRONL then during batch processing the amount available for sweep is arrived at by subtracting the SI Amount entered in SI online detailed screen from the available balance at the customer s debit account System will then check for the below mentioned cases Case 1 e The calculated sweep Amount is less than the Minimum sweep Amount entered at SIDTRONL screen e The execution status will be marked as Ignored e The SI will be ignored for this cycle and the SI pending amount will remain unchanged i e it will remain same as the SI Amount entered at the SI online screen e The details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen oo ORACLE Case 2 The calculated sweep Amount is greater than the Minimum sweep Amount entered at SIDTRONL screen e The SI will be processed and the execution status will be updated as Successful e The SI pending amount will be changed to Zero e The details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen Examples Scenario 1 CASA to CASA monthly sweep out move backward The monthly sweep out is from SA1 to CA1 Field Corresponding field in the screen Input display Amoun t L E Threshold Balance SI Amount Field 1 5000 Frequency Monthly Execution Periodicity Execution 1 Month
73. he following example Our requirement is to associate a standing instruction with Mr Silas Marner s saving s account whereby each time the current balance in his account reaches GBP 1000 a notice will be served reminding him that his account has reached the current balance of GBP 1000 Your entries in the SI Diary screen should be as follows Fields in this screen Your entry specification Type Account Number SILSV17227 Branch 000 Instruction Send a statement of accounts to Silas Marner s North London address when the balance in his account equals 1000 GBP Instruction Type Event Based Conditional Elements Current Balance Operator Conditional Value 1 000 00 Result Every time the current balance in Silas Marner s account equals GBP 1000 the standing instruction associated with the event will be carried out a ORACLE 5 1 6 Maintaining Details of a Special Instruction While maintaining details of special instructions you can capture details specific to the instruction through the Special Details section of the SI Diary details screen Standing Instruction Diary EX New ES Enter Query Instruction Number Instruction Type Frequency Based Event Based Branch Code Special Instruction Instruction e Unit Of Instruction Unit Type Unit Number Frequency Detail Event Detail Special Instruction Accou
74. ick the adjoining arrow button Rekey Fields gt Standing Instruction Contract Authorization Et EE Execute Query a Instrument Number LE Event Maker Identification Event Date Generate Message 10f1 Contract Reference Rekey Currency Rekey Amount Auth Status al m Contract Overrides 10f1 Override Text Confirmed Specify the following details Instrument Number Specify the instrument number The system will display the details of the instrument Hi ORACLE You can verify the details and click Authorize button to authorize the instruction If you have enabled rekey fields you need to enter the rekey details rekey currency and rekey amount The system validates these values against the original values entered by the maker of the contract If the details match the system authorizes the instruction If the details do not match an appropriate message will be displayed and the instruction will not be authorized If you have not enabled the rekey fields the system authorizes the instruction immediately 4 13 Sl Amendment Upload Oracle FLEXCUBE supports the amendment upload of Standing Instructions by way of the FLEXML interface Oracle FLEXCUBE allows amendment of only authorized instructions The following fields will be made available for amendment at the instruction level e Counterparty e Execution frequency Days Months Year Changin
75. ie ee AR ee AA AR ee AA ee ee ke ee Ge ee ke 3 4 33 2 Specifying SI Cycle EN GER eb GR Se Ee KA Ee GN be Ge Se Ab Re Ee ke ee Ge ee kb 3 4 Recording an Instruction sis ss Eks Eie ERGE Sa BURE ee RORE EERS SEE e RE EES SEE GEE 4 1 A HOCU RS RR N tomes staal tiene coed deca sales EE tone ee 4 1 42 Specifying Standing Instruction Details 0 0 0 eee ee AA ee AA ee ee RR ee ee 4 1 4 3 Operations on Instruction ie ee GR ER AA RA AE ee ee ee ee ee ee Re Re ee ee ee ee ee 4 2 44 Features of SI Input Details Scree n is see ee ee ee Ee Re AA Gee ee ee ee ee ee ee 4 2 44 1 Specifying Product Code iese ee Ge ee ee EEEE ET ee Re ee ee 4 3 44 2 Instruction Number EE EER KERR oe ER ila Ke REK Re De ER ee ee VREK EE De 4 3 443 Calculate SIAMOUNE iese EE EE AA EER RE GE GE EA GEAG GE GAAR RE ee GEE ee ee 4 5 4 4 4 Value and Due Dates iii EE EERS EG KEER RA Ge EE Ge ee GEE Re ee ee GE Re de ee 4 5 4 4 5 Specifying Debit and Credit Accounts ii ee ee Re ee ee Re ee ee 4 5 446 Specifying ChargeS iis EES ER RE ee GR GE Ge KG RR ias Ee ek eke de dk ka ee 4 6 4 4 7 ACUN See EE HE OT A EE DE 4 6 448 Maximum Retry COUN ee ee GR Re ER Re ee ee Re ee Ge Re ee ee Ge Re ee ee ee 4 7 449 RetriestforAdvice EE EE AR ER EN i GEE GN AE GE GERED ESE De i 4 8 4 4 10 Specifying Minimum Balance after Sweep iese ee ee ee ee Ge Re ee 4 8 4 4 11 Specifying Minimum Sweep AMOUN ee ee se Re ee ee Re ee Ge RR ee ee ee 4 8
76. ies Error Codes and Messages gives a list of the error messages that you Chapter 7 3 can encounter while working with the module Reports gives a detailed account of report generation from this module Chapter 8 and the contents of such reports Chapter 9 Function ID Glossary has alphabetical listing of Function Screen ID s used in the module with page references for quick navigation Glossary of Icons This User Manual may refer to all or some of the following icons Icons Function Hd Exit Add row Delete row Fasl Option List Related Documents You may need to refer to any or all of the User Manuals while working on the SI module e Signature Verification e Core Services e Limits e Procedures e Products e Settlements e Tax e Charges and Fee ORACLE 2 1 2 2 2 2 1 2 2 2 2 2 3 2 Standing Instructions an Overview Introduction A Standing Instruction SI is a service offered to customers of a bank wherein regular transactions that the customer wants to make are processed as a matter of course instead of initiating specific transactions each time Once initiated a standing instruction may go on for many months or even years with each cycle being processed automatically Key Features of SI Module As a measure to maximize processing efficiency the SI module offers the following features e Sl module processes the
77. ies for a sweep type of product This is the minimum amount that has been defined for a sweep to be executed Min Bal After Sweep The minimum amount that should be available in the Sweep From account after the sweep has been executed User Instruction Number An instruction can be identified by two different numbers one is allotted by Oracle FLEXCUBE while the other one can be a number input by you which should typically be the number with which your customer identifies the instruction called the User Instruction Num ber By default the Instruction Number allotted by Oracle FLEX CUBE and the User Instruction Number will be the same It is the User Instruction Number of the instruction This is the action defined to be taken if an instruction processed Holiday under a product falls on a holiday It could be forward backward or Exception lapse Fr c ene This is the frequency at which the instruction is processed it will q y be indicated in days months and years Charge on Indicates whether charges are to be applied for instruction when it Success Partial Exec Reject has been successfully executed or partially executed or rejected Debit Indicates debit account of the transaction Credit Indicates credit account of the transaction Branch Indicates branch Account Indicates account number Currency Indicates currency transferred s9 ORACLE 8 6 8 6 1 8 6 2
78. ill process successfully and the SI execution status will be Successful else Payment for the cycle will be marked as Wait The payment cycle details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen With Processing time as EOD and Limit check flag checked at SI online screen if the derived Debit Account available balance including Limit is greater than or equal to the SI amount pending for execution the payment cycle will processed successfully and the SI execution status will be successful else payment for the cycle will be marked as Wait The payment cycle details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen Printing of DD BC All the generated Drafts Banker s Cheques will be spooled to a file based on Instrument type and these spooled files would be sent to designated DD printing system in bank Note Note the following The Message Printing MSDPRINT screen would be used to spool the generated DD PO s during SI batch The instruments for DD and PO would be identified with the message type DEMDRAFT and MCK respectively The Message Printing screen has the provision to spool instruments based on Customer That is Customer Account and Instrument ae ORACLE 5 1 5 Standing Instructions Diary Maintaining a Standing Instructions Diary In Oracle FLEXCUBE you can capture text based standing instructions and
79. ils on this please refer the chapter on Automatic Processing For an instruction you can change the action code in this table so that you may process an unsuccessful Sl Force In this case the instruction is executed even though the debit account has inadequate funds This results in a negative balance in the debit account For example you have a payment order to pay USD 6000 as annual premium to an insurance company for a customer This amount is to be transferred from her savings account on the 01 June every year If the account balance in her account is only USD 5000 when the insurance payment is due the SI cannot be processed as funds are insufficient The processing of the instruction will depend on the action code as follows Partial liq In this case you would transfer USD 5000 to the insurance company uidation Full pend Then you would not make any insurance payment for this year The system ing will re execute the instruction daily for the number of times defined as Max imum retries count ORACLE Ignore The payment to the company will not be made this year but the next pay ment will be processed based on the availability of funds Await fur Future insurance payments for the customer will not be made until a ther change in the Action Code is indicated in the Instructions Due table instruc tions Force The payment will be made leaving a debit balance in th
80. imit amount available to the debit account System will then check for the below mentioned cases For Action code Full Pending If the derived Debit Account available balance is greater than or equal to the Si amount pending for execution The payment will process successfully and the Si execution status will be successful else the payment for the cycle will be marked as Retry The payment cycle details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen For Action code Ignore If the derived Debit Account available balance is greater than or equal to the SI amount pending for execution The payment will process successfully and the SI execution status will be successful else the payment for the cycle will be marked as Ignored The details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen For Action code Partial Execution If the derived Debit Account available balance is greater than or equal to the SI amount pending for execution The payment will process successfully and the SI execution status will be successful else the payment for the cycle will be process partially and will be marked as Retry If the Retry level exceeds the maximum retry available for the Debit account then the cycle is ignored The details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen For Action code Waiting Here following cases will be handled With Processing time as BOD referral
81. inted at the beginning of the report Other content displayed in the Amendment of Standing Orders Report Stale Cheque Report is as follows Header The Header carries the title of the Report information on the branch code branch date the user id the module name run date and time and the page number of the report Body of the Report The following details are displayed as body of the generated report Field Name Field Description Reference Number Indicates reference number Dr Customer Account Number Indicates Dr customer account number Customer Title Indicates the title of the customer Event Sequence Number Indicates event sequence number Frequency Indicates Instruction frequency Cr Account Number Indicates Cr account number eae ORACLE 8 11 8 11 1 Cr Account Title Indicates Cr account title Booking Date Indicates booking date Start Date Indicates start date End Date Indicates end date Previous Value Date Indicates previous value date Type of Standing Instruction Indicates the type of standing instruction Closed Standing Orders Report This report gives details on closed standing orders You can invoke Standing Order Placed Today Report screen by typing SIRPDELT in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Closed Standing Orders Report All Branches Single Branc
82. ion daily for the number of times defined as Maximum Retries If the debit account is not suffi ciently funded system will trigger the REJT event during the first try and also on the subsequent retries In this case only an SUXS is triggered subject to the availability of funds to the extent of the SI amount The event PEXC will not be triggered even if partial funds are available in the account Ignore The current installment is not executed at all and system will trigger the REJT event The next cycle will be processed on the next due date based on the availability of funds Await fur The instruction is not processed again until its action code is ther instruc changed in the Instructions Due Table The SI Cycle Details table is tions automatically created when the automatic processing of Sls for the day takes place for details on this please refer to the chapter on Automatic Processing For an instruction you can change the action code in this table so that you may process an unsuccessful SI Force In this case the instruction is executed even though the debit account has inadequate funds This results in a negative balance in the debit account 4 4 8 Maximum Retry Count If the Action Code for an instruction indicates that the full amount should be kept pending or the partial amount has to be liquidated you can define the maximum number of times for which Oracle FLEXCUBE sh
83. kward the value date of the accounting entry for the instruction will be the working day on which it was processed Note Sometimes an adjustment of the due date makes it fall on a month other than the one it was originally due Under such circumstances the adjustment will made in such a way that the due date is retained in the month of the original due date The adjustment may be in the form of an exactly opposite action from that defined for the product the due date may be backward for a product with the forward code and vice versa Thus whether an instruction will be picked up for processing also depends on your holiday handling specifications as it does on the frequency and the first value date defined for the instruction SI Cycle Due Table On the day a cycle of an instruction is processed its details will be put onto the SI Cycle Due table The following information will be available for a pending cycle in this table e The serial number allotted to the cycle and the total number processed till date e Details about the instruction like the instruction number product type user instruction number SI Type counterparty and the holiday handling specifications oal ORACLE 6 4 Details about the cycle like the Reference Number Execution Status could be successful waiting retry unprocessed in the case of a variable payment or ignored The event on which charge will be applied for the SI The action
84. l cycles of this instruction have not been processed Closing disal lowed SI CON026 Closure failed due to internal error SI CON027 Instruction successfully closed Te ORACLE Error Code Message SI CON028 Are you sure you want to reopen the instruction SI CON029 Are you sure you want to close the instruction SI CONO30 Reopen failed due to internal error SI CONO31 Instruction successfully reopened SI CONO32 SI expiry date 1 cannot be after product end date 2 SI CONO33 SI expiry date 1 cannot be before first value date 2 SI CON034 SI type is one to one as defined in product Override product defini tion SI CONO35 For many to one SI credit account should be the same Override this SI CON036 For one to many SI debit account should be the same Override this SI CONO37 Account does not belong to the counterparty Override SI CON038 Amend failed due to internal error SI CON039 Credit account entered is not valid SI CONO40 Counterparty entered does not exist SI CON041 SI amount should be same Override SI CON042 SI amount 1 cannot be less than the minimum balance 2 of credit account SI CON043 Minimum balance after sweep 1 cannot be less than the minimum balance 2 of debit account SI CON044 SI amount 1 cannot be less than the minimum balance 2 of credit account SI CONO45 Accounts defined do not belong to the counterp
85. lation of the tags of MT110 is as follows Explanation Message Contents Message Type 110 Receiver BIC of the customer corresponding to the NOSTRO account of the Liquidation product s ARC setup Message Text Transaction reference number 20 Contract Ref no of the DD PO transaction Number of the Cheque 21 Instrument Number from the DD Transaction Date the Cheque was issued 30 Instrument Date from DD PO transaction Currency and Amount of cheque 32B Instrument Currency Instrument Amount Payee of the Cheque 59 Beneficiary Name Sender to Receiver Information 72 Sender to Receiver information End of Message text trailer aM ORACLE 4 13 2 Note The standard SWIFT validations on field 72 are carried out in Sender receiver information of Settlement subsystem in SI for amount tag SI_LAMT The system will create MT110 in the SI batch with the message type as DD_ISSUE Field 72 will not be populated if the sender to receiver info is empty Processing of Limit Check during SI Batch If the Limit check flag has been checked at SI online screen SIDTRONL the debit account balance will be considered after adding the Limit amount available to the debit account maintained at customer account level Therefore the derived available balance of the Debit account is arrived as Debit Account available balance Available Balance in the account on the instruction Date L
86. le balance of GL SI SW0005 Could not log exception for 1 SI SWO0006 Untrapped error in sweep process SI TAX1 Tax pickup computer failed SI UNIQUE1 User instruction reference number must be unique SI UNIQUE2 User contract reference number must be unique SI UPLOO1 Unhandled error while getting first exec date SI UPLOO2 Invalid product type SI UPL003 Dr account or Cr Account not maintained in cube SICYC 001 Unable to lock record for update SICYC 002 Priority field must be entered SICYC 003 Successfully saved SICYC 004 Successfully authorized SICYC 005 No records for modification SICYC 006 Maker and authorizer cannot be the same 1 8 ORACLE Error Code Message SICYC 007 Selected list of modifications must start from the first pending modifica tion SIRP 001 Product type is mandatory if single product type is selected SIRP 002 Customer No is mandatory if single customer is selected SIRP 003 Date cannot be null SIRP 004 Date cannot be after system date SI CONT 001 Contract 1 Not Found in Oracle FLEXCUBE SI CONT 002 Authorised Instruction Cannot be Deleted SI CONT 003 External Source does not allow complete deletion of Contracts SI CONT 004 Contract can only be deleted by the Maker SI CONT 005 Contract Uploaded By External System Cannot Be Deleted SI CONT 006 Contract 1 cannot be deleted SI CONT 007 I
87. n Status Date Time Date Time Maker Checker Every time you invoke the SI Diary details screen to capture the details of a new record the system automatically assigns an instruction number to the new record In Oracle FLEXCUBE instruction numbers are generated automatically and sequentially to uniquely identify a record The instruction number is a combination of a three digit branch code a four digit hard coded number a five digit Julian Date and a four digit serial number In this screen you can specify the following attributes of the SI Specifying Instruction Type You can indicate whether the standing instruction is to be associated with a Customer Account or whether it is to be associated with a Customer Code al ORACLE Identifying Customer Savings Account Number You have to identify the code assigned to the particular customer if you have indicated that the standing instruction is to be associated with a customer Similarly if you have indicated that the standing instruction should be maintained at the account level you have to select the account number The option list positioned next to this field displays a list of customer account numbers or customer codes depending on your specification in the Type field Note After you select the Customer Code Account Number the branch code of the branch in which the rule is being created will be displayed in the respective field Capturing De
88. n entering the details of an instruction you should specify the counterparty on whose behalf you are recording it The category of counterparties or the customers themselves who can record standing instructions is defined for the product Specify the code of a counterparty who falls into a category allowed for the product Execution Periodicity The execution periodicity defined for the product will be picked up automatically You can modify it to suit the instruction you are processing A customer can pay the insurance premium on a monthly basis a quarterly basis or on an annual basis This can be defined in three ways as given in the following example e In days 30 days 90 days and 365 days e In months 1 month 3 months and 12 months e In years not possible for the first two but 1 year for the third frequency Specifying Period for which Instruction should be Executed Each instruction is valid for a specific period of time This must be defined for the instruction The first due date and the expiry date will mark the life span of the instruction The value date for the first execution is usually the same date as the first due date unless that is a holiday In that case the First Value Date will be computed based on the holiday handling specifications for the product By default the First Due Date will be today s date You can change it to a date in the future Oracle FLEXCUBE will automatically compute the next due date an
89. ndicates previous value date 11 Type of Standing Instruction Indicates the type of standing instruction 8 12 Penalty on Rejected Standing Orders Report This report gives details on penalty on rejected standing orders You can invoke Penalty on Rejected Standing Orders Report screen by typing SIRPREJT in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Penalty on Rejected Standing Orders Report 3 All Branches Single Branch Branch Code Report Date Date ReportFormat PDF Printer At Client Report Output Print Printer You can specify the following parameters here el ORACLE 8 12 1 Branch Code Specify a valid code of the Branch in which report is being generated from the adjoining option list Date Specify a date for which you want to generate standing orders placed report from the adjoining calendar Contents of the Report The parameters specified while generating the report are printed at the beginning of the report Other content displayed in the Closed Standing Orders Report is as follows Header The Header carries the title of the Report information on the branch code branch date the user id the module name run date and time and the page number of the report Body of the Report The following details are displayed as body of the generated report Field Name Field Description Account
90. ng that if the Next Due Date falls on a holiday the instruction should not be carried out e Next Working Day indicating that if the Next Due Date falls on a holiday the instruction should be executed on the next working day after the holiday e Previous Working Day indicating that if the Next Due Date falls on a holiday the instruction should be executed on the working day before the holiday You can select the appropriate holiday treatment preference Auto calculating the Next Execution Date The system arrives at the Next Execution Date based on your specifications in the Holiday Preference field and the Local Holiday maintenance screen of the Core Service module Let us assume that in the Holiday maintenance screen you have marked all weekends as holidays For the examples mentioned under Scenario in the section titled Indicating your preferences for the First Due Date and the Month end cycles the Next Execution Date will be displayed as follows First Due Month Next Due Holiday Next Execution Date End Date Preference Date 29 Feb b 29 Feb Next Working Day 29th Feb 2000 2000 2000 30 April b 30t April Previous Working 28th April 2000 2000 2000 Day 30 June b 30 June Don t Execute 30 June 2000 2000 2000 30 Sept b 30 Sept Don t Execute 30t Sept 2000 2000 2000 30 Nov b 30 Nov Next Working Day 30th Nov 2000 2000 2000 Suppose you specify that the instruction need
91. nstruction Cannot be Closed SI CONT 008 Contract 1 Cannot be Closed SI CONT 009 Instruction Cannot be Reopened SI CONT 010 Contract 1 Cannot be Reopened SI CONT 011 Both Authorizer and Maker cannot be the same SI CONT 012 Instruction 1 is already Authorized SI CONT 013 Contract 1 is already Authorized SI CONT 014 Contract 1 can only be modified by the Maker SI CONT 015 Multiple Amendments before Authorization not allowed for Contract 1 SI CONT 016 Only Active Contracts can be Amended SI CONT 017 Duplicate Oracle FLEXCUBE reference Number 1 SI CONT 018 Instruction Is Authorized Cannot Put On Hold SI CONT 019 Contract 1 Is Authorized Cannot Put On Hold SI CONT 020 Instruction Number Not Found in Oracle FLEXCUBE SI CONT 021 Duplicate Oracle FLEXCUBE Instruction Number 1 SI CONT 022 Instruction 1 is Not active SI CONT 023 Contract 1 is Not active SI CONT 024 Multiple Amendments before Authorization not allowed for instruction 1 12 ORACLE Error Code Message SI CONT 025 Instruction is already Created Cannot be Put on Hold SI CONT 026 Instruction 1 is not Active Cannot Amend SI SAVE 01 Failed in saving the data for 1 SI SAVED Instruction saved successfully SI REFR 001 Instruction Numbers sent do not match SI REFR 002 Both Source and Oracle FLEXCUBE Instruction Numbers cannot be NULL S
92. nt Officer Special Instruction Type Special Instruction Expiry Date Input By Authorized By Modification Date Time Date Time Number N Authorized W Open Identifying the Account Officer in charge of executing the special instruction You have to identify the account officer of your bank in charge of executing the Special Instruction Identifying the Instruction Type Each special instruction that you maintain can be categorized under an instruction type as per the nature of work it is supposed to perform A list of all the special instruction categories you have maintained through the Instruction Type definition screen will be displayed in the available option list You can identify the category to which the particular special instruction belongs Specifying the Expiry Date For a special instruction you should necessarily identify the date after which the special instruction looses its validity Let us assume that you are maintaining a special instruction to send a New Year card to Mrs Wendy Klien a high net worth customer of your bank greeting her on the occasion of the New Year You have identified Mr Henry Grant as the Account Officer in charge of executing this instruction and set 30 December 2001 as the Expiry Date If Mr Henry Grant fails to send the greeting in time the special instruction looses its validity After having specified all the pertinent details you can key in the instr
93. nt to execute the instruction once in every three months specify 3 in this field e Years indicating that the instruction should be executed based on a yearly frequency It could be either annually bi annually once in three years etc depending on your requirement Indicating your preferences for the First Due Date and the Month end cycles After you specify the execution periodicity you have to indicate the date on which the standing instruction is to be carried out for the very first time Since the instruction is yet to be carried out by the system the first due date will be defaulted as the next due date Note You will need to indicate whether the instruction is to be carried out during the month end or whether it should be executed as of the next due date The scenarios in which you will have to specifically indicate that the instruction is to be executed during the month end are given below a ORACLE Scenario Lets us assume that you have set the frequency as Monthly Yearly or as a combination and identified any one of the following dates as the First Due Date e 290 February 2000 e 30 April 2000 e 30 June 2000 e 30 September 2000 e 30 November 2000 When you specify the First Due Date which is other than the one specified before then the system displays an override message Specified date is not the month end and does not allow you to check the field Month End If you specify that the
94. number to identify an instruction Number SI Type This is the type of standing instruction It could be one to one many YP to one one to many or many to many Processing This indicates the time to process the instruction Product Code The code of the product under which the instruction is processed Product Type This is the type of product under which the SI is processed It could be payment collection sweep or variable payment Auth Status The status of the instruction authorized or unauthorized Unau thorized instructions will not be processed Indicates whether one or more cycles for an instruction is pending Inst Status a for execution Contract Each execution of the instruction will be allotted a reference number Reference by Oracle FLEXCUBE This number will be shown here Max Retry Count For a payment type of product with an Action Code of Keep full amount pending or Liquidate partially you would define the maxi mum number of times the system should re execute the instruction This number is shown here If a debit account is involved in more than one instruction during the Priority day you would have allotted a priority for each instruction This pri ority is shown here Charge Borne By This indicates the party who will bear the charges for the instruction For a payment type of product you should define the action to be Action Code taken when an instruction is not executed because
95. oduct under which the SI is processed It could be payment collection sweep or variable payment list Status Indicates whether one or more cycles for an instruction is pending for execution The date as of which the first execution for the instruction was Due Date processed Contract This is the reference number of the contract Reference Counterparty This is the counterparty number Counterparty This is the name of the counterparty Name SI Currency This is the SI currency code Action Code This code indicates the status of the action Priority This indicates the priority of the action Amount This is the contract amount Debit This shows the debit details Credit This shows the credit details Branch This is the code of the branch from which debit and credit is done Currency This is the currency code in which debit and credit is done Ee ORACLE 8 5 8 5 1 8 5 2 This shows the account number from which credit and debit is Account done Name The name of the debtor or creditor Standing Instructions by Customer Report This report gives the details of Sls that have been defined for different customers You can choose to generate the report for are a specific customer or all the customers of your branch Selection Options You can select the specific customer for whom you want the report Alternatively you can generate the report for all the customers of
96. of whom the instruction is being recorded e Currency of the instruction e Amount that has to be transferred during each cycle e Account that has to be debited e Account that has to be credited e Date on which the instruction has to be executed first due date e Date until which the instruction has to be executed expiry date 2 ORACLE 4 4 1 4 4 2 4 4 2 1 4 4 2 2 e If the debit account is involved in more than one instructions falling due on the same day you can allot the priority with which an instruction has to be processed The following attributes will be inherited from the product and you can change them e Maximum retry count e Action code applicable if the instruction cannot be processed due to insufficient funds in the debit account e Execution Periodicity For charges you should indicate who bears the charge the remitter or the beneficiary You can also indicate the events that should be charged successful execution SUXS partial execution PEXC or rejection REJT Specifying Product Code Every instruction that you record would involve a specific service that you offer which you defined as a product When recording an instruction you should specify the product that it involves All the attributes of the product that you specify will apply to the instruction However you can change some of these attributes Instruction Number The Instruction Number identifies the instruction It is a
97. ould try to re execute the instruction This attribute is defined for the product and will be defaulted for the instruction and you can modify it sa ORACLE 4 4 9 4 4 10 4 4 11 4 4 12 4 4 13 4 5 Retries for Advice Number of retries for generating failure advice is captured here Clicking on Enrich button defaults retry count for advice from products You can modify the count Retries for Advice should be lesser than the Maximum Retries Failure Advice is generated when SI retries reaches Retry for Advice Specifying Minimum Balance after Sweep For a sweep in type of instruction you should specify the amount that should be left in the debit account after the sweep is executed A sweep in instruction will be executed when the balance in the credit account goes below the SI Amount The minimum balance after sweep ensures that a certain balance is left in the debit account and only excess amount is swept Specifying Minimum Sweep Amount This applies for a sweep out type of product You should define the minimum amount that is to be transferred in an account sweep If the amount in the Sweep From account is more than the defined SI amount but the sweep amount is less than the minimum sweep amount the sweep will not be executed Specifying Your Remarks You can enter information describing the instruction that you are recording This will be available when you retrieve information on the
98. provided e Branch e Account e Transaction Code e Booking Date e Value Date e Dr Cr indicator e CCY Currency e Conversion rate e Amount in contract CCY e Amount in local currency e Whether the instruction is still active meaning that cycles are being executed for the instruction e Whether the last activity on the instruction is authorized You can use the arrow buttons to navigate through the various events Viewing Duplication details The system checks for duplicates while booking instructions based on the number of days for duplicate check maintained at the Branch Parameters Maintenance screen and the duplication preferences set at the product preference level The system displays the duplicate contract reference number if there is a single match else it displays the override message Duplicate Instructions recognized based on the product preference ie ORACLE You can view all the duplicate instructions in the Duplication Details screen Click Duplication Details button in the Standing Instruction Online Detailed screen to invoke this screen Duplication Details Contract Reference Duplication Details Contract Reference Instruction No SI Amount Currency SlAmount Debit Account Branch Debit Account Bl CIE Lo Here the following details are displayed e Contract Reference e Instrument Number e Sl C
99. r Contents of the Report The parameters specified while generating the report are printed at the beginning of the report Other content displayed in the SI Instruction Executed for External Acc DD and BC Report is as follows ele ORACLE 8 9 Header The Header carries the title of the Report information on the branch code branch date the user id the module name run date and time and the page number of the report Body of the Report The following details are displayed as body of the generated report Field Name Field Description Ben Account No Indicates Beneficiary Account Number Beneficiary details Indicates Beneficiary Name Customer Indicates Customer ID Short name Indicates the short name of the customer Account no Indicates Remitter Account No SI CCY Indicates Standing Instruction Currency SI Amount Indicates Standing Instruction Amount SC Amount Indicates Service Charge Amount Total Amount Indicates Total SI amount and SC amount Standing Orders Placed Today Report During the day branches input the standing instructions given by the customers Branches enter the Debit account no frequency amount etc based on the details provided by the customer After these details are entered during EOD the standing instructions are carried out according to the start date frequency priority etc You can list these successful standing orders placed through out the day in St
100. r a variable payment type of product This Action Code is defined for the product under which an instruction is processed You can change it for the instruction you are processing o ORACLE The following are the Action Codes that can be specified Partial Liqui If the account has insufficient funds Available Balance lt SI dation Amount the SI is executed to the extent of the funds available This is known as partial execution The event PEXC is triggered during a partial liquidation execution The event PEXC is triggered during a partial liquidation execution The rest of the amount will be collected during subsequent retries subject to the Maximum Retries defined for the instruction The system will attempt SUXS only once during the day first time If it fails only PEXC will be attempted on every subsequent retry Therefore if between the SUXS and PEXC events the available bal ance increases to cater to the full SI the PEXC event ONLY will be triggered This means that the entire SI amount may be posted for the PEXC event as well Thus an SI can have many PEXC events as many re tries for a cycle whereas SUXS event will be triggered only once for a cycle However the event PEXC is triggered only if the Action Code is specified as Partial Liquidation Full Pending The SI is not executed until there are sufficient funds in the account The system will re execute the instruct
101. required flag checked at customer account level for the debit account and Limit check flag checked at SI online screen SIDTRONL system will not make any referral entry instead it will check whether the derived Debit Account available balance is greater than or equal to the SI amount pending for execution If the balance is greater than or equal to the SI amount pending for execution the payment cycle will process successfully and the SI execution status will be Successful else payment for the cycle will be marked as Wait The payment cycle details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen 1 ORACLE 4 13 3 With Processing time as BOD referral required flag checked at customer account level for the debit account and Limit check flag unchecked at SI online screen SIDTRONL system will make referral entry of the SI pending amount for execution if the Debit Account available balance including the limits is less than the SI amount pending for execution The referral entry can be viewed from Referral Queue screen STDREFQU The payment cycle details can be viewed from Standing Instruction Cycle Detail SIDXCYCL screen With Processing time as EOD referral required flag unchecked at customer account for the debit account and Limit check flag checked at SI online screen if the derived Debit Account available balance is greater than or equal to the SI amount pending for execution the payment cycle w
102. rocess tax on the charges that you earn for an instruction and on the instruction amount itself Tax is applied based on the tax scheme linked to the product under which the instruction is processed While processing an instruction you can choose to waive the tax applicable Click Tax button The Tax Details screen will be displayed Tax Details Contract Reference Tax Scheme Description Basis Component 4 Amount Details Value Date Transaction Date Currency Amount Event Sequence Number Tick the Waiver button if you want to waive the taxes applicable Viewing Event Details on Instruction The event details screen of instruction processing will show the details of the accounting entries generated for an instruction am ORACLE 4 10 Click Events button in the SI Input Detailed View screen to go to the SI Contract Events Accounting Entries and Overrides screen Event Details a gt T Reference Number Events EventNumber EventDate Event Code Description Authorization Status Maker Id Ch jel Message Accounting Entries For the event that is highlighted the details of accounting entries and the overrides that were given when the event was stored are shown For each accounting entry the following details are
103. s applications including applications that may create a risk of personal injury If you use this software or hardware in dangerous applications then you shall be responsible to take all appropriate failsafe backup redundancy and other measures to ensure its safe use Oracle Corporation and its affiliates disclaim any liability for any damages caused by use of this software or hardware in dangerous applications This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected by intellectual property laws Except as expressly permitted in your license agreement or allowed by law you may not use copy reproduce translate broadcast modify license transmit distribute exhibit perform publish or display any part in any form or by any means Reverse engineering disassembly or decompilation of this software unless required by law for interoperability is prohibited The information contained herein is subject to change without notice and is not warranted to be error free If you find any errors please report them to us in writing This software or hardware and documentation may provide access to or information on content products and services from third parties Oracle Corporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third party content products and services Oracle Corporation and its affiliat
104. specific type of periodic collection etc can be roughly termed a product Once a product has been defined with specific attributes individual instructions can be processed under it This enables quick and uniform processing of instructions in all the branches of your bank While attributes defined for a product are applied on an instruction processed under it by default some of them can be modified for a particular instruction Oracle FLEXCUBE thus offers you flexibility to deal with peculiar conditions that may sometimes be applicable Standing Instructions are broadly grouped as follows e Standing payment orders e Standing collection orders e Account sweeps Sweep in and Sweep out e Variable payments These are termed product types in Oracle FLEXCUBE For each product type you may have many products which represent the method in which instructions have to be processed The product type identifies the most basic nature of a product The subsequent specifications for a product will be based on its type Creating a Product In this chapter we shall discuss the manner in which you can define attributes specific to a Standing Instruction SI product You can create an SI product in the Standing Instruction Product Definition screen invoked from the Application Browser You can invoke this screen by typing SIDPRMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button
105. tails of Instruction You can key in the details of the instruction that is to be associated with particular Account Customer in a free format text format Click the icon positioned next to this field instruction The Instruction Details screen will be displayed Key in the instruction and click on the Ok button Specifying Your Preference for Instruction Type Each instruction that you maintain will be executed based on a specified frequency or ona specific event You can indicate your preference depending on whether the instruction is to be associated with a customer or a customer account Instructions that are associated with customers can only be frequency based However those instructions which are to be associated with customer accounts can either be frequency based or event based You can also choose to maintain details of a special instruction in this screen For instance let us assume that Mrs Wendy Klien is a high net worth customer of your bank You would like to send her a New Year greeting Since this is a once in a year occasion you can either choose to base this instruction on a yearly frequency or maintain it as a special instruction Maintaining details of Frequency Based instructions Apart from the section titled Main Details you will notice that the SI Diary screen has been divided into three other sections Frequency Details Event Details and Special Instruction a ORACL
106. tain Minimum Sweep Amount SI PRO53 Action Code Amount Cannot Be Null SI PRO54 Either Rekey Of Currency Or Rekey of Amount Cannot Be Checked Without Selecting Rekey Required SI PRO55 Instruction Code Cannot be Null SI PRO56 Product Type Cannot Be Null SI PRO57 For 1 Product Type Field 2 Should Be 3 SI PRO58 Failed In ICCF Cross Validation SI PR061 Accounting Role Should Be Maintained SI UP0001 Failed to get Commit Frequency for SI Upload SI UP0002 Error while locking the contract SI UP0016 Failed to get upload status from source preference SI UP0017 Upload status And Override Exception is On Hold SI UP0020 Error while fetching Process reference number SI UP0021 Error in Upload SI UP0023 Function fn_upload_an_instruction returned False SI UP0025 Invalid A C or A C not allowed for the Product SI UP027 Charge Amount Not entered SI UPCA0001 Error during insert into sttbs upload master for SI Accounts SI UPCA0002 Failed to select defaults Information for SI Accounts SI UPCA0003 Failed to insert into sttbs_upload_cust_account for SI Accounts SI UPCA0004 Failed to upload customer account for SI Accounts SI UPCA0005 In Main Exception when others Failed in function bnpksref fn_up load_si_account SI UPCA0006 Failed to generate upload sequence no for SI Accounts SI UPCA0007 Failed to select defaults Information for SI Instructions SI UPCA0008 Failed to insert into upload tables for SI Instr
107. uctions SI UPCA0009 Failed to upload SI Instruction i ORACLE Error Code Message SI UPCA0010 In Main Exception when others Failed in function bnpksref fn_up load_si_instruction SI UPCA0011 In Main Exception when others Failed in function bnpksref fn_amn d_si_instruction SI UPCA0012 This is not an uploaded SI SI UPCA0013 Failed to Amend SI Instruction SICL 002 Select the Broker Code SICL 003 Percentage cannot be Null SI CONO72 All Cycles of Contract 1 have not been processed Deletion Disal lowed SI NONE Untrapped error occurred in batch processing SI PAOOO1 Amount not available for variable payment contract no 1 SI PROO1 Product end date cannot be less than today s date SI PROO3 Rate type is reguired for all types of standing instructions SI PROO4 Product code should have at least one non numeric character SI PROOS Product code cannot start with alphabet z SI PRO06 Product code should contain A Z and 0 9 characters only SI PROOT7 Product code has to be different from existing product and instruction codes SI PROOS8 Product code should be four characters long SI PROO9 Are you sure the product is to be back valued SI PRO10 Interest components not allowed for standing instruction products SI PRO11 Product start date cannot be greater than product end date SI PRO12 Preferences need to be entered for the pro
108. uctions that should be carried out by Mr Henry Grant ORACLE 5 2 Viewing Standing Instructions associated with a Customer or Customer Account You can choose to view the details of standing instructions associated with a customer or customer account by clicking on Standing Instructions button in the respective maintenance screens The details of all the instructions associated with the particular customer customer account will be displayed in a tabular format Operations on SI Diary Record You can perform the following operations on an SI diary record e Enter the details of a new record e Copy the details of a record e Delete a record e Amend a record e Close and Reopen a record Please refer to the manual Common Procedures for details on these operations Maintaining Instruction Types While maintaining the details of a special instruction you have to associate the instruction with an appropriate instruction type as per the nature and purpose of the special instruction Therefore you need to categorize instructions into different types You can do this through the Instruction Type screen You can invoke this screen by typing SIDINSTR in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button instruction Type E New Enter Query Instruction Type Description Input By Authorized By Modification Date Time Date
109. unt is involved in more than one instruction during the same day you should allot the order in which they should be processed The priority allotted for this instruction is shown here Amount Pending This is the pending amount Amount Executed This is the amount that will be transferred if the execution is exe cuted Charges on Success Rejection Partial Execution Indicates whether any charges have to be levied when this instruc tion is processed on successful execution partial execution or on rejection Debit and credit Branch Currency Account Name Amount These are the details of the debit and credit account of the transac tion the branch the account currency the account number the customer s name and the amount transferred Unsuccessful Standing Instructions This report should be ideally generated after the EOD run of the SI batch processes has been completed so that complete information for the day is reported The report gives details of instructions that were scheduled for the day but were not processed for some reason This report can be generated for a date in the past also Selection options The report can be generated for any day in the past or today You can invoke this screen by typing the code SIRPUNSC in the field at the top right corner of the Application tool bar and click on the adjoining arrow button Unsuccessful Standing Instructions Date
110. urrency e Sl Amount e Debit Account Branch e Debit Account e Debit Currency e Credit Account Branch e Credit Account e Transfer Currency e User Reference e Expiry Date Note Duplication check is done based on the following criteria Number of days that are maintained for duplicate check at the Branch Parameters Maintenance screen Duplication recognition that is selected at the Standing Instruction Product Definition screen The duplication details are persistent and can be viewed by the authorizer too Duplication Check is done against the contract level and not at the instruction level If duplication details are not maintained at branch level for Standing Instructions no duplicate checks will be carried out is ORACLE 4 11 Viewing SI Contract You can view the SI contract using Standing Instruction Contract Input Summary screen To invoke this screen type SISTRONL in the field at the top right corner of the Application tool bar and click the adjoining arrow button Standing Instruction Contract Summary d Advanced Search 2 Reset Authorization Status Instruction Status Instrument Number Product Source Code External Reference Number User Instruction Number Counterparty Records per page 15 v 10f1 Authorization Status Instruction Status Instrument Number Product Source Code External Reference Number
111. us The status of the instruction due or pending Counterparty Indicates the identification of the counterparty Customer Name Indicates the name of the customer Contract This is the reference number of the contract Reference The date as of which the next cycle of the instruction will fall due SI Value Date This date will be different from the Next Due Date if the former fell on a holiday and the SI was executed on a different date Retry Date Indicates the date of the retry SI Exec Date Indicates SI execution date Retry Count Indicates the count of retries Max Retry Count Indicates the maximum retry count SI Exec Status Indicates status of the execution Unprocessed Priority Indicates the priority SI Currency Indicates the currency of the SI SI Amount Indicates the SI amount SI Amount Indicates the pending amount to be executed for SI Pending SI Amount Indicate amount executed Executed Charges on Indicates whether any charges have to be levied when this instruc Success tion is processed on successful execution partial execution or on Rejection Partial rejection Execution ORACLE 8 8 8 8 1 Debit and credit These are the details of the debit and credit account of the transac Branch Currency tion the branch the account currency the account number the Account Name customer s name and the amount transferred Amount
112. utomatically generated by the system for each instruction The Instruction Number is a combination of the three character branch code the four character instruction code the date on which the instruction is recorded in Julian format and a running serial number The Julian Date has the following format YYDDD Here YY stands for the last two digits of the year and DDD for the number of days that have elapsed in the year For example January 31 1998 translates into the Julian Date 98031 Similarly February 5 1998 becomes 98036 in the Julian format Here 036 is arrived at by adding the number of days elapsed in January with those that elapsed in February 31 5 36 User Instruction Number An instruction can be identified by two different numbers one is allotted by Oracle FLEXCUBE while the other one can be a number input by you which should typically be the number with which your customer identifies the instruction called the User Instruction Number No two instructions can have the same User Instruction Number By default the Instruction Number allotted by Oracle FLEXCUBE and the User Instruction Number will be the same Tanked Status The standing instruction requests are processed with the Tanked status if the branch is not available when the transaction was received When the branch is available the status is changed ea ORACLE 4 4 2 3 4 4 2 4 4 4 2 5 4 4 2 6 Specifying Counterparty Whe
113. will come in to a customer s account on a regular basis The crediting of this amount has to be handled through other modules of Oracle FLEXCUBE Remittances or Journal Entries When a collection type of instruction is recorded a Collection advice will be generated for the customer who serves as a reminder for follow up on the amount that should be credited into the customer s account Processing Sweep In Transactions A sweep in instruction will be used when the balance in a customer account should constantly be maintained at a certain balance A sweep in instruction ensures that whenever the balance in the customer account goes below a certain amount money is swept in from another account el ORACLE 2 2 3 1 2 2 3 2 2 2 4 Processing Sweep Out Transactions A sweep out instruction will be used to move funds out of an account whenever the balance reaches above a certain minimum balance This is typically used to sweep funds out of a low interest earning account into a high interest earning one Processing Variable Payment Transactions A variable payment is a variation of the payment type of instruction In a payment instruction you would fix the amount to be debited when the instruction is initiated this would be the amount for each cycle In a variable payment type of instruction the amount to be debited for each cycle would be different Examples of variable payments would be the payment of electricity or telephon
114. y out any other messaging related operations g ORACLE 6 5 4 6 5 5 Note Note that variable payments for which no amount has been defined for the cycle will be given an Execution Status of unprocessed These will be processed only if you enter an amount for them in the SI Cycle Details screen Operations during End of Day At this stage of end of cycle processing the following transactions will be executed e Payment and variable type of instructions defined for this stage either for the product under which they are processed or the instruction itself e Sweep in transactions e Sweep out transactions in that order For those instructions that have been defined with an Action Code of full pending or partial liquidation the retries will be executed during end of day only if the instructions are defined for end of day execution The advices defined for the instruction will be put in the Outgoing Message Browser They could be one or more of the following e Successful execution e Collection advice e Payment advice and e Debit advice for charges You can generate them from the browser or carry out any other messaging related operations Note Variable payments for which no amount has been defined for the cycle will be given an Execution Status of unprocessed These will be processed only if you enter an amount for them in the SI Cycle Details screen Handling of Calculate SI Amount Flag during Batc
115. yed by the system when you specify or select the Customer Number or Customer Account from the option list If the debit account number keyed in has only one value matching it in the option list then system will not open the option list on tab out and the description of the debit account will be automatically displayed when you click the Enrich button Credit Account Description In this field the description of the corresponding credit account is displayed by the system when you specify or select the Customer Number or Customer Account from the option list If the credit account number keyed in has only one value matching it in the option list then system will not open the option list on tab out and the description of the credit account will be automatically displayed when you click the Enrich button Specifying Charges The charges applicable for an instruction are defined for the product under which the instruction is processed These charges will be defaulted for the instruction you are processing A charge can be applied for the following events e Opening an SI OPEN e Successful execution SUXS e Partial execution PEXC or e Rejection REJT You should specify the party who bears the charge the remitter or the beneficiary Action Code The Action Code indicates the action to be taken if the account to be debited in order to execute an instruction does not have the necessary funds This applies to a payment o
116. your branch You can invoke this screen by typing the code SIRPCUST on the field at the top right corner of the Application tool bar and click on the adjoining arrow button gt Standing Instruction by Customer Report Standing Instruction by Customer Report All Customers Single Customer Customer Number ReportFormat PDF Printer At Client Report Output Print Printer Specify the following details Standing Instruction by Customer Report Indicate whether the reports should be generated for all customers or single customer If you choose Single Customer you need to specify the customer number for which the report needs to be generated The option list provided displays all valid customer number maintained in the system You can select the appropriate one Click OK to generate the report Contents of Report The report options that you selected while generating the report are printed at the beginning of the report Header The Header carries the title of the report information on the branch code branch date the user id the module name run date and time and the page number of the report S ORACLE Body of the report The report is sorted on the customer number and instruction number in the ascending order The following information is provided for each instruction Customer Number The customer number Customer Name The customer name Instruction The

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