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Term Deposit User Manual

1. Branch Account Class Account Customer Number Interest Deposit Tenor Account Class Tenor Rollover Tenor B Account Class Tenor Account Tenor Account Tenor Independent Tenor Independent Tenor Years Years LBL_DEPTENORMONTH Months Days Days Maturity Date Next Maturity Date Auto Rollover Rollover Type Principal Close On Maturity Principal interest Move Interestto unclaimed Special Amount Move Principal to Interest unclaimed Rollover Amount Rollover Interest Rate Based on Cumulative Amount 1 Of 1 Payout Type Percentage Offset Branch Offset Account Narrative y mi Account TD Pavout Details You can capture the following details eee ORACLE Next Maturity Date On selecting the Auto Rollover box the system displays the next maturity date based on the previous tenor of the deposit Deposit Tenor Select the deposit tenor type The following options are available e Account class tenor If you select this the system will default the default tenor from the account class This is represented in terms of days months and years You cannot edit it The maturity date is displayed based on the tenor specified e Account tenor If you select this the system displays the original tenor of the parent TD The tenor is represented in days months and years You cannot change this e Independent tenor If you select this you can specify the tenor in terms of days months and years The
2. Exchange Rate Maintenance For a given pay in or pay out mode the system will configure only one rate type or code at the account class Pay In Out Select the pay in pay out details from the adjoining drop down list The list displays the following values e Pay In e Pay Out If you select the Pav In option the system will apply the changes to TD booking and top up transactions If you select the Pav Out option the system will apply the changes to the redemption transactions Mode Select the pay in pay out mode for which the rate is set from the adjoining drop down list The list displays the following values e Account Rate Type Specify the rate type This adjoining option list displays all the valid rate type maintained in the system You can choose the appropriate one Rate Code Select the rate code from the adjoining drop down list The list displays the following values e Mid e Buy Sell If you select Buy Sell option the system will pick the appropriate rate based on the currencies involved For instance if you use LCY account to fund a FCY TD then the system will apply Buy rate since the bank is deemed to sell the FCY against LCY debit to the customer account Variance Specify the percentage of variance allowed from the exchange rate defined for the currency pair to modify the rate at a transaction level The system performs the following validations at account class for Exchange
3. Body of the report The generated report will have the following information Field Name Field Description Product Code This indicates the product code and list TD accounts renewed under it Product Title This indicates the product title Account Number This indicates the TD account Number Customer Name This indicates the name of the customer Customer Number This indicates the customer number of the renewed TD Deposit Currency This indicates the currency of the deposited amount TD Opened Date This indicates the term deposit opened date Value Date This indicates the Value date of TD account Interest rate This displays the interest rate of the account Deposit Amount This indicates the Deposit Amount Period of Deposit This indicates the TD renewal Period Due Date This indicates the Maturity date or renewal of the TD account 10 20 ORACLE Total Interest Pay This indicates the Interest Amount This will show interest amount on the maturity date Maturity Value This displays the maturity amount as per new calculation Interest Rate Based This indicates whether the interest rate for the deposit is arrived on Cumulative using cumulative amount or not Amount 10 12 Term Deposits Account Maturity Report This report lists the term deposits that will be matured for the given period You can generate thi
4. Accounting Role Amount Tag Dr Cr Indicator INT LIQD IMAT Debit INT BOOK IMAT Credit PRINC LIQD PMAT Debit PRINC BOOK PMAT Credit Note You need to maintain entries for each of your booking type formulae otherwise the system will not be able to process IC Tax entries are mandatory if tax parameters are maintained for your rule When you don t maintain tax through the Tax sub system but instead you maintain it as a debit type interest component you should use the common accounting roles and amount tags Normal TD with Simple Interest You can set up event wise accounting entries and advices for the product as suggested below Sample accounting entries for IC Product with Rule ID APO2 are given below DEBK Book Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDACCOUNT TD PRINC Credit TDOFFSET TD PRINC Debit IACR Interest Accrual Accounting Entries Accounting Role Amount Tag Dr Cr Indicator AP02 PNL 1 IACR Debit AP02 ACCR 1 IACR Credit AP02 PNL_ADJ 1 IACR ADJ Debit AP02 ACR_ADJ 1 IACR ADJ Credit 8 21 ORACLE 8 6 2 3 ILIQ Interest Liquidation Accounting Entries Accounting Role Amount Tag Dr Cr Indicator AP02 ACCR 1 ILIQ Debit AP02 PNL_ADJ 2 IACQUIRED Credit AP02 BOOK 2 IACQUIRED Debit APOZ BOOK 1 IACQUIRED Credit AP02 ACQUIRED 1 IACQUIRED Debit AP
5. Block Check this box to block a certificate Viewing TD Summary You can view a summary of all term deposit accounts in the system using the Deposit Account Summary screen To invoke this screen type STSCUSTD in the field at the top right corner of the Application tool bar and click the adjoining arrow button Deposit Account Summary Hyg Search Advanced Search 9 Reset D Clear All Case Sensitive Authorization Status Record Status Branch a Term Deposit Account Ga Number Term Deposit Currency FT Certificate Number Las Customer Number lu Stock Catalog Code Alternate Account Number Atm Account Number Stock Catalog Code Certificate Number You can query on records based on any one or all of the following criteria e Authorization Status oe ORACLE 5 18 Record Status Branch Gede Term Deposit Account Number Customer Number Term Deposit Currency Stock Catalog Code Certificate Number Currency Change Account Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them Authorization Status Record Status Branch Term Deposit Account Number Account Description Customer Number Term Deposit Currency Account Class Account Type Account Open Date Alternate Account Number Atm Account Number Stock Catalog Code Certificate Number Currency Change Account Double click on a record
6. Check Deposit to create Deposit Interest product The booking account type should be maintained as Interest for the deposit product The accounting roles are generated for the product based on the interest rule maintained at ICDRUMNT Specifying Accounting Roles for Unclaimed Deposits In case you have checked the option Move Interest to Unclaimed and Move Principal to Unclaimed in the Deposit Account Details screen at the account class level you will have to specify appropriate accounting roles for the IC product using the Accounting Roles screen ORACLE Click Accounting Roles button on the Interest and Charges Product Maintenance screen and invoke the following screen Accounting Roles Product Code Product Description Class Details Default From Class Class Code Class Description Roles 10f1 Accounting Role Role Description Account Head GL Description a Specify the following details in case you have opted for moving interest and or principal to unclaimed GL Accounting Role Choose PRN_UNCLAIMED INT_UNCLAIMED and MAT_UNCLAIMED from the adjoining list Account Head Attach INT_UNCLAIMED to a miscellaneous GL for unclaimed interest for eg 25691234 Similarly map PRN_UNCLAIMED and MAT_UNCLAIMED to a miscellaneous GL for unclaimed principal for eg 25691235 oa ORACLE 3 7 2 Linking TD Account Class to Interes
7. Continue Variance on Rollover T interest Rate Based on Cumulative Amount Waive Issuance Charge OffsetBranch Offse You have to specify the following fields for redeeming the TD Redemption Reference Number The system displays the reference number here This field will be enabled only for the query mode and not for the new transaction Product Code You can select an RT product from the adjoining option list Note Incase of product selection in this field the RT product set as part of close mode existing setup would be ignored System will post the accounting entries as defined in the selected RT product and charges if any linked to the selected RT product would be applied You have to select an RT product so that the accounting is in conjunction to the selected mode 6 8 ORACLE The manual product selection is applicable only for transfer to GL or Savings or Loan For other modes the respective BC DD PC product would hold good Incase you select an RT product in ICDREDMN screen then on save the following override message is displayed The selected RT product would supersede the RT product set based on the close mode When redemption is attempted on TD booked through Clearing whose availability date is not reached system displays an error message Redemption restricted on deposit before availability date Branch Specify the branch where th
8. ICDUDVAL in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button User Data Element Values E New E3 Enter Query Product Code Account Class Branch Code Currency Code Effective Date Rule Description Description Accrual Frequency Currency Product Accruals Description Rate Chart Allowed Liquidation Days Months Years User Data Elements 1 Of 1 User Element User Element Value Rate Code TD Rate Code Maker Date Time Checker Date Time Mod No Record Status Authorization Status For details about the screen refer the chapter Giving UDE Values for Condition in the Interest and Charges User Manual In this screen you need to maintain the following UDEs for the different IC products Assume that you have maintained the following IC products e TD with Capitalization e Normal TD with Simple Interest e TD with Rate Chart Allowed e Recurring deposit Scheme TD with Capitalization You need to maintain values for the following UDEs under this product e TD1 e TD2 e ID 3 e TD_PNL AI ORACLE 9 2 7 9 2 8 9 2 9 9 3 e TAX RATE Normal TD with Simple Interest You need to maintain values for the following UDEs under this product e TD_1 e TD2 e TID 3 e TD_PNL TAX RATE TD with Rate Chart Allowed You need to maintain values for the following UDEs under this product e TD_1 e TD_PNL e TAX RATE Rec
9. OD interest reversible Defer Liquidation Davs Back Value Recalculation Flag C Defer Liquidation 0 Liquidation Before Month End Defer Before Month End Days 0 ILM Parameters ILM Product ILM Type Debit Interest Notification Receivable General Ledger Redemption Advice Required Account Details 1 Of 1 Account Class Description Currency Special Condition Only LBL RATECHNC O The UDE specified here is used by the system to compute and display the maturity amount while booking redemption and simulation You can specify one of the UDE here as multiple UDEs can be attached to an IC product 3 8 Maintaining Floating Interest Rates You can apply interest either as a Fixed rate or as a Floating rate A floating rate corresponds to the market rates for the day These rates are maintained and updated daily or whenever they change in the Floating Rate Maintenance screen pal ORACLE You can invoke this screen by typing CFDFLTRI in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Floating Rate Code Definition ri New Rate Code Branch Code Rate Code Description Currency Effective Date and Amount Slab Lal Currency Code E Amount Slab Effective Date Borrow Lend in Borrow Tenor and Interest Rate Details l E W Tenor Interest R
10. Offset Account Select the offset account for passing the accounting entries Offset Branch The branch where the selected offset account is available is displayed here After entering above details click Compute button The system will compute the deposit details after top up and display it Original Exchange Rate The system will display the exchange rate for the currency pair for the respective rate code type defined for the specific pay in pay out modes at account class Applied Exchange Rate The system displays the applied exchange rate same as original exchange rate However you can amend the exchange rate which will be applied on the transaction The system will perform the following validations e f you try to modify the rate while saving then the system will display the following override message a ORACLE 6 3 Default exchange rate modified by the user e Ifthe modified rate is outside the allowed variance limit while saving then the system will display the following override message Modified Exchange rate crosses allowed variance e When there is multi pay in or pay out scenario each option will consume the respective applied exchange rate for the apportioned amount e When the exchange rate type and code to be applied are not maintained for a combination of pay in pay out modes the system will continue with the STANDARD MID rate If you try to change the applied exchange rate the system wil
11. Specify the following details Book Flag Select Booked from the adjoining drop down list Debit Credit Select Debit from the adjoining drop down list Days in a Month Select Actuals from the adjoining drop down list Days in a Year Select Actuals from the adjoining drop down list Rounding Required Check this box ORACLE Click Formula Wizard button and invoke the Formula Wizard screen In this screen you need to maintain the following expression Case Result DLY_NET_BAL_M gt 0 AND PENALTY_BASIS DAYS_FROM_START TD_PNL PENALTY_APPLY 1 100 YEAR Formula 3 Specify the following details Book Flag Select Tax from the adjoining drop down list Debit Credit Select Debit from the adjoining drop down list Days in a Month Select Actuals from the adjoining drop down list Days in a Year Select Actuals from the adjoining drop down list Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen In this screen you need to maintain the following expression Case Result FORMULAT 20 FORMULAT TAX RATE 100 9 2 3 Recurring Deposit Rule Specify the following details On Account Opening Month Check this box On Account Closure Month Check this box SDE Maintain the following SDEs e DAYS e DLY_NET_VD_BAL e RD INSTALL DUE e R
12. and Actual Submission Date Expected Date of Submission will always be greater than current date 4 24 ORACLE Expected Date of Submission Specify the expected date on which the customer is accepted to submit the required documents If the documents are not submitted by the customer at the time of opening a TD you need to specify the expected date of submission The TD is booked if the documents are available and uploaded If they are not available you need to specify the expected date of submission of documents for opening the TD Actual Submission Date System displays the actual date on which customer has submitted the required documents Document Reference Once the document is uploaded the system defaults the document reference here Checked Check this box to indicate that the received documents are acknowledged Note You cannot save and authorize an account if the mandatory documents are not confirmed as Checked Upload Click on this button to upload the selected document type Delete Click on this button to delete the selected document View Click on this button to view the selected document Notification Details System defaults notification details from the Account Class Maintenance screen Send Notification This check box indicates whether to send notifications or reminders for not submitting the mandatory documents Frequency Notification System defaults the
13. e Account e Account Class vas ORACLE 5 11 2 Account Class Specify the account class if you have selected the Default From as Account Class If you select the Default From as Account then on clicking of P button the system will default the interest and deposit details from the parent TD account Or if you select the Default From as Account Class then on clicking P button the system will default the interest and deposit details from the account class selected For the child TD you will have to capture interest calculation and pay out preferences You can do this by clicking Interest button on the screen Refer the section Capturing Payout Interest Details for Child TD in this chapter for details about capturing interest preferences for Child TD in case auto pay out by rollover option is selected Bankers Cheque DD Tab Click Banker s Cheque DD tab to capture cheque related details if you have opted for TD pay out through a banker s cheque Term Deposit Payout Details Branch Currency Account Term deposit EWCA S e TEn ENADE PC Instrument Details Instrument Type Bank Code ai Payable Branch Beneficiary Details Beneficiary Address Beneficiary Name Passport IC Number Narrative Interest Here you can capture the following details Cheque Details Specify the following details Bank Code Specify the bank code of the Bankers cheque Currency
14. field under the Address for Correspondence section then the PIN code field is auto populated with the value mapped to the address code If the address code is not selected in the Address Code field then specify the PIN code details Country Specify the country code Katakana Details Address 1 4 If an address code is selected in the Address Code field under the Address for Correspondence section then the fields Address 2 to Address 4 are auto populated with the address details mapped to the address code The field Address 1 is the only field that can be modified The address details as maintained in Katakana script in the Address Code Maintenance STDADMNT screen are populated here For more information on the Address Code Maintenance screen refer to the section Maintaining Address Codes Details in the Core Services User Manual If an address code is not selected in the Address Code field then specify the address details of the customer Pin Code If an address code is selected in the Address Code field under the Address for Correspondence section then the PIN code field is auto populated with the value mapped to the address code If the address code is not selected in the Address Code field then specify the PIN code details Country Specify the country code While saving a record system displays the following override message Kindly Ensur
15. see eeennennnnnzznnnnnnnnnnnnnnnnnnnnnnennnnnzzzzz 9 1 9 1 dintroduetiek ss isfra siti A ln aren ete ated et ita EE Peale d alee 9 1 9 2 IC Rule Maintenance 9 1 9 2 1 Capitalized Deposit with Penalty cccccccccccceeeeeeeneeseecaeceeeeeeeeetetseeneesaees 9 2 9 2 2 TD with Normal Tenor and Penalty mnn nnnnnn nn 9 5 9 2 3 Recurring Deposit Rule nanna e AT 9 8 9 2 4 Rate Chart Allowed with Penalty c nanna 9 10 9 2 5 UDE Value Maintenance nn 9 17 9 2 6 TD with Capitalization 2 ccccccceeecenseneceeeeeeeceeeetecseeecaesaeeeseeeetetteeneess 9 17 9 2 7 Normal TD with Simple Interest see 9 18 9 2 8 TAX RATE TD with Rate Chart Allowed s m nn 9 18 9 2 9 Recurring Deposit Scheme en enannn nanna nn nanna 9 18 9 3 IC Rates Maintenance nn 9 18 9 4 Maintaining Post Maturity Interest PMI L nennnnnnn nannti nn 9 20 9 4 1 IC Rule Set up to Calculate PMI 9 20 9 4 2 From Maturity Date to Grace Period nnnnnnnnen nn 9 21 9 4 3 From End of Grace Period to Unclaimed Days en 9 21 9 4 4 After Unclaimed Davs is sess tai cosh bi iebes poe EE 9 21 9 5 IC Rule Set up for Premature Redemption 9 22 9 5 1 Indicative Formula Setka 24 ses essen ii e aep e E ta sa sies ob itti nti i 9 24 9 5 2 Premature Redemption Interest Payment Methods 2mmmn 9 24 REPORT 10 1 TOT lalino o Uto ite a Ai 8 fe a a ie ena ode A at ate 10 1 10 2 Customers Fixed Deposit Report 2 nt 10 1 10 2 1 Contents of the Report 10 2 10 3 T
16. Branch The branch where the deposit account is being simulated is displayed here on clicking new icon in the Application Toolbar Customer Specify the customer for whom the account is being simulated You can also select the customer from the option list provided Customer Name The name of the customer for whom the account is simulated is displayed here based on the customer selected Account Currency Specify the currency for the deposit account You can also select the currency from the option list provided Account Class Specify the deposit type of account class under which the deposit should be simulated You can also select the appropriate account class from the option list provided Description Based on the account class specified the system displays the corresponding description Click Default button after specifying the customer account class and currency b 4 ORACLE 6 13 1 Account Number The account number of the customer for whom you need to simulate a deposit account is displayed here Status The status of the simulated account is displayed here based on the customer selected First Nominees Specify the first person to hold the right to the simulated account balance after the customer s expiration DCN The Delivery Control Number used for uniquely identifying a message in Oracle FLEXCUBE is displayed here Second Nominees Specify the secondary person to hold the rights to the simulate
17. Counterparty Account Specify the account number of the counter party for the pay out However you can select the counter party account number from the adjoining option list Currency Specify the currency of the counter party for the pay out 70 ORACLE 5 11 4 Beneficiary Details Specify the following details Beneficiary Name Specify the name of the beneficiary for the pay out Beneficiary Address Specify the address of the beneficiary for the pay out Passport IC Number Specify the passport or identification card number of the beneficiary for the pay out Narrative Specify the description for the pay out Note that the system will process TD payout through PC transfer using a bridge GL that is specified for the account class in the Deposit Account Details screen Refer the section Maintaining Deposit Details in the chapter Term Deposit Maintenance for details about the bridge GL Capturing Payout Interest Details for Child TD As mentioned before if you have opted for creation of a child TD on maturity of the parent TD you need to specify interest details of the child TD Click Interest button on the Term Deposit Payout Details screen and invoke the Term Deposit Interest screen In this screen the system defaults all the parameters maintained for the parent TD However you can modify them Term Deposit Interest Account Details Deposit Calculation Account Inter
18. Dr Cr Advices You can indicate whether you want to generate an interest liquidation advice for a customer account Check the Debit Credit Advices box to indicate that the system must generate payment advices when interest liquidation happens on an account The advices are generated in the existing SWIFT or and MAIL format No advices will be generated if you leave this box unchecked The preference you have made in the Customer Account Class screen will be defaulted here However you can choose to change your preference to generate or suppress these Advices Interest Start Date The system displays the Maturity date of the parent TD as the interest start date for the child TD However you can modify it Interest for this account will be calculated according to the special conditions that you define subsequently Charge Start Date For the account for which you are defining special conditions you must specify the date from which you would like to apply charges Charges for this account will be calculated according to the special conditions that you define subsequently By default charges on an account would be applied when the free banking period if any elapses This means that the Charge Start Date is arrived at by the System by adding the Free Banking Period days if any specified for the account class used by the account to the Account Opening Date If no Free Period has been indicated for the account class used by the accoun
19. Installments Installment Amount 1000 JPY Installment Payment Fre 1Month quency Number of Outstanding 3 Installment Missed March 13 April 13 and Months May 13 Suspension Request 21st May 2013 Date Penalty Applicable YES 7 7 ORACLE 7 5 1 Once the installment suspension request is available for the account there will be no more penalty calculation SDE Name Galenlation Calculation SDE Output Month RD_NP_INSTALL_DUE March 1000 JPY 1000 JPY April 1000 JPY May 1000 JPY RD NP OVERDUE March 31 Days 30 151 Days DAYS Days 20 Days 81 Days April 30 Days 20 Days 50 Days May 20 Days An indicative debit formula for the penalty calculation as follows Formula No Conditions Result Remark 1 RD_NP_IN RD_NP_IN Penalty formula STALL_DUE 20 STALL_DUE for non payment PEN RD N of installment P OVERDUE DAYS 100 YEAR Where PEN is the UDE for Penalty rate The set up at the interest rule level for the periodicity of applying the penalty should be periodic option for the Periodicity field at the Formula sub screen of Interest and Charges Rule Maintenance screen ICDRUMNT The non payment penalty will be applied on the maturity date of the RD Holiday Calendar for RD Month End Installment For recurring deposit account satisfying the conditions for month end installment if the installment
20. Maturity date This indicates the maturity date of a deposit account Deposit Term in days This indicates the term tenor of the deposit account Deposit Amount LCY This indicates the deposit amount of the account in local currency Deposit Amount This indicates the deposit amount in account currency for an account Interest Rate This displays the interest rate of the account Maturity Amount This displays the maturity amount as per new calculation Lien Amount This indicates the Lien Details Amount Blocked of an account Stock Catalogue Code This displays Stock Catalogue Code for the TD certificate number Certificate No This indicates the certificate number issued for TD account Duplicate Issue This indicates Y N based on the duplicate certificate issued for TD account Interest Rate Based on Cumulative Amount This indicates whether the interest rate for the deposit is arrived using cumulative amount or not TD Full Balance Listing Report This report gives a complete listing of time deposit accounts opened till the run day This report gives account class wise grouping of accounts with totals You have an option to print and view the report in pdf or excel format 1073 ORACLE 10 3 1 You can invoke TD Full Listing Reports screen by typing TDRFULBL in the field at the top right corner of the Application tool bar and clicking on the
21. ReportFormat PDF v PrinterAt Client v Report Output Print v Printer la l Specifv the following details here From Date Specifv the date from which the report for TD account maturitv date change should be generated Bv default svstem displavs the current Application date To Date Specifv the date till which the report for TD account maturitv date change should be generated Bv default svstem displavs the current Application date Branch Code Specifv the branch code of the TD account The adjoining option list displavs all valid TD branch codes maintained in the svstem Vou can choose the appropriate one Deposit Account Number Specifv the account number of the term deposit The adjoining option list displavs tall valid deposit account numbers maintained in the system You can choose the appropriate one 10 23 ORACLE 10 13 1 Customer Specify the customer number here The adjoining option list displays all the valid customer numbers maintained in the system You can choose the appropriate one Report Format Select the format in which you want to report to be generated from the options provided in the drop down list This list displays the following values e PDF e HTML e Excel e RTF Report Output Select the output for the report from the adjoining drop down list This list displays the following values e Print Select this option if you wish to print the report e View Select this option if you wish to
22. screen CFDFLTRI If you check this box the system will pick interest rates based on different tenors amount slab currency and effective date for a TD The rate is picked up at the time of booking The rate is further picked up only at the time of liquidation rollover redemption operations based on re population flag at IC product level Note that you will not be able to modify this preference once the record is authorised Re pick up Account Class Tenor On Rollover Check this box to enable re pick up of the account class tenor on rollover If you check this box the system will default the rollover tenor as Account Class Tenor During rollover the system will pick up the default account class tenor Denominated Deposit Check this box to allow opening of denominated deposits This box is automatically selected during save if the Denomination details are maintained for the account class at the Denominated Deposit Details Tab Interest Rate Based on Cumulative Amount Check this box to indicate that the system should arrive at the interest rate of a new deposit using the cumulative amount of other active deposits under the same account class customer and currency The cumulation of the amount for arriving at the interest rate is done at the account level during the save of the below events e Deposit account opening oi ORACLE e Anv interest rate change to the deposit floating rate deposits rate change
23. 1 when deposit reaches maturity date and when Unclaimed Days has a non zero value e A separate tax formula will be set to calculate tax on the result of PMI Interest formula Alternatively tax formula can be set to calculate tax on result of either normal interest or PMI interest e The PMI formula can also support accrual The accrual should be for the Current Principal Amount of the deposit at the time of maturity i e Deposit Amount Interest Payable on Maturity Date from the maturity date Hence there should be ILIQ event for interest payable as on maturity date The following are the Sample Formulae Formula Condition Result 1 Booked DEPOSIT_AMOUNT gt 0_ DEPOSIT AMOUNT PMI RATE DAV AND PMI_PERIOD 1 S YEAR 100 AND ROLL_GRACE_PERIO D 0 2 Tax FORMULA1 gt 0 FORMULA2 TAX_RATE 100 Note SDE DAYS will return days as per day count basis from maturity date after deposit ma turity 20 ORACLE 9 4 2 9 4 3 9 4 4 The PMI will be used for both fixed rate and rate code Thus it can be a flat rate that is payable as PMI or it can also be a amount slab based rate e The effective date for rate pick up in case of Rate Code as Rate should be maturity date of the deposit for UDE used in PMI formula e When effective date for UDE values changes the revised rates will be applicable for PMI calculation PMI will be applicable for all t
24. 30 Days from the adjoining drop down list Days in a Year Select 360 from the adjoining drop down list Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen In this screen you need to maintain the following expressions Case Result RD_INSTALL_DUE gt 0 RD_INSTALL_DUE OVERDUE_PENALTY RD_OVERDUE_ DAYS 100 YEAR Formula 3 Specify the following details Book Flag Select Tax from the adjoining drop down list Debit Credit Select Debit from the adjoining drop down list Days in a Month Select 30 Days from the adjoining drop down list Days in a Year Select 360 from the adjoining drop down list Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen In this screen you need to maintain the following expressions Case Result FORMULA1 gt 0 FORMULAT TAX RATE 100 Rate Chart Allowed with Penaltv Specifv the following details On Account Opening Month Check this box ai ORACLE On Account Closure Month Check this box SDE Maintain the following SDEs e DAYS e DAYS_FROM_START e DEP ANT INIT e PENALTV APPLV e PENALTV BASIS e YEAR UDE Maintain the following UDEs UDE Tvpe TD_1 Rate Code as Rate TD_PNL Rate TAX_RATE Rate Get Latest For each of the UDEs select the option Us
25. Account Bankers Cheque Demand Draft ze Counterparty Counterparty Bank Code Counterparty Account Currency Beneficiary Details Beneficiary Address Beneficiary Name PassporviC Number Narrative oe ORACLE Counterparty You can specify the following counterparty details here Counterparty Bank Code Specify the counterparty bank code The adjoining option list displays all the counterparty bank codes maintained in the system You can choose the appropriate one Counterparty Account Specify the counterparty account The adjoining option list displays all the counterparty bank codes maintained in the system You can choose the appropriate one Currency The system displays the instrument currency Beneficiary Details You can specify the following beneficiary details here Beneficiary Name Specify the beneficiary name Passport Number Specify the passport number of the beneficiary Narrative Enter a brief description of the beneficiary Beneficiary Address Specify the beneficiary address Note The system supports the following payout options for interest payout Account General Ledger Bankers Cheque Demand Draft Payments and Collections If payout details are maintained for interest component then interest liquidation happens on the basis of payout details maintained for interest component However if payout de tails are not maintained for interest component then interest l
26. Account Currency option will be selected At the time of account creation Installment Basis at account level will be defaulted from the value maintained at account class level At account class level you can change Installment Basis field anytime during the life cycle of the Account Class The newly modified value will be applicable default populated only to the account that are opened after the modification Maintaining Denominated Deposit Details You can maintain various denominations of the denominated certificates per currency using Denominated Deposit Details screen Only the denominations maintained in this screen can be used for issuance of denominated certificates under this account class 3 24 ORACLE 3 5 4 To invoke this screen click the button Denominated Deposits on the Account Class Maintenance screen Denominated Deposit Details Allowed Denomination Details 1 Of 1 Currency Denomination ID Denomination Description Denomination Value The following details are captured here Currency If inventory module is allowed select a valid currency code for which the denomination ids are maintained in inventory module If inventory module is not allowed then select any valid currency code maintained in the system Denomination ID If inventory tracking is YES then select the denomination id available at the inventory module If i
27. Currency The system displays the account currency of the account being queried Action Select the event of the account for the action This drop down will have e Booking e Liquidation e Accrual e Rollover e Redemption e RD Payments e RD Payments e Reversal Account Description The system displays the description of the account being queried Account Class The system displays the account class of the account being queried Description The system displays the description of the account class of the account being queried Accounting Entries You can view the accounting entries details Event The system displays the event of transaction of the account being queried Description The system displays the description of the transaction i e the description of the transaction code Branch The system displays the account branch of transaction of the account being queried Account Number The system displays the account number being queried Dr Cr Either Dr Cr leg is displayed based on the accounting entry posted to the TD account Fcv AmountThe system displays the foreign currency am ount of transaction of the account being queried Lcy Amount The system displays the local currency amount of transaction of the account being queried Transaction Date The system displays the transaction date of transaction of the account being queried Value Date The system displays the value date of the transaction prp O
28. If Re pick up Account Class Tenor on Rollover is unchecked at the account class level then by default this option is selected If you select this option then the following are applicable The value of Original Tenor of the deposit account is considered as the Rollover Tenor during deposit rollover During opening or modification within the term of the deposit if you change the defaulted value for Rollover Tenor from Account Tenor to Account Class Tenor then on save system displays the override message Re pick up Account Class Tenor on Rollover restrictions at account class will be ignored On save system updates the Next Maturity Date with the sum of maturity date and original tenor of the deposit e Independent Tenor Select this option to provide a different tenor rather than default from account class or account tenor On selecting this option you can specify the Rollover Tenor in years months and days combination The tenor should be specified within the minimum and maximum tenor limits maintained at the account class level If it is not within the minimum and maximum limit then the system will display an error message Rollover tenor does not fall in the range of minimum and maximum tenor allowed The rollover tenor for independent tenor should not be null On save system updates the Next Maturity Date accordingly Note System validates that the rollo
29. Limit Currency The system defaults the limit currency for the Maruyu limit from the Quick Customer Addition screen STDCIFAD or Customer Maintenance screen STDCIF Customer Limit Amount The system displays the amount of customer limit from the Quick Customer Addition screen STDCIFAD or Customer Maintenance screen STDCIF 8 49 ORACLE 6 14 2 Account Limit Amount Specify the amount of account limit By default this field value will be 0 If this field is not modified then the amount will remain 0 and it will be deemed that the account is not part of the Maruyu Limit tracking i e the account is opted out of the limit Remarks The system displays the reason of marking the customer as Maruyu Customer Note Only CASA and TD accounts of a customer will be validated for Maruyu Limit There is no impact on other accounts contracts of the customer Simulation Details Interest Earnings System displays the gross amount of interest that will be earned during the tenor of deposit Interest Rate System displays the interest rate applicable for the deposit based on the product amount tenor Tax Deductions The system displays the amount of tax that will be deducted from the gross interest amount Maturity Amount System displays the total maturity amount of the deposit i e Principal Interest earned after deducting tax Annual Percentage Yield System displays the annual per
30. MATAMTWO Maturity Amount in words RDS_ _CCY_ Maturity Amount currency _MDATE_ Maturity Date _TDATE_ TD Booking date _INTCUM Interest Rate Based on Cumulative Amount _BASEAMT _ Base Amount for Arriving at Interest Rate MARUVUCU This will have the value Y for if the deposit ST_ customer is Maruyu Customer and N for deposit customer not a Maruyu customer If this tag is Y then MARUTUCCY_ and _ MARUYULMT_ will be displayed _ MARUTUC Currency for the Maruyu Limit CY_ _MARUYUL Maruyu Limit amount for the account MT INPUTSLIP TD PRINT Advice Tag This advice will be used for certificate generation of Term Deposit Advice Tag Description _MARUYUCUST _ This will have the value Y for if the deposit cus tomer is Maruyu Customer and N for deposit cus tomer not a Maruyu customer If this tag is Y then MARUTUCCY_ and _MARUYULMT_ will be displayed _ MARUTUCCY_ Currency for the Maruyu Limit _ MARUYULMT_ Maruyu Limit amount for the account Sla ORACLE 8 5 7 TD Renewal Simulation Advice This advice will be generated for renewal and simulation of term deposit A message type TD REN SIM will be used Advice Tag Description BRANCH Code of the branch where Account is to be held _BRNAME _ Name of the branch where Account is to be held _ BRADDR1_ B
31. Redeemed Amount The system will perform the following validation e The Transaction Reference Number with Remaining Amount zero will not be listed in the option list e Post authorization if a notice instruction having a particular Transaction Reference Number and Remaining Amount as zero is deleted then that Transaction Reference Number will be put back into the option list e You cannot select same Transaction Reference Number twice in the same grid else the system will display an error message However if a notice instruction with a particular Transaction reference Number is available with Expired status then you can create another notice instruction with the same Transaction Reference Number e Ifthe original transaction of a particular Transaction Reference Number has been reversed then the same will not be available in the option list Notice Amount Specify the notice amount only if you have selected By Amount option in Notice Instruction field If By Ref Number option is selected then the system will display the remaining amount of the selected transaction number Notice Date The system displays the current system date You cannot modify the same Notice Maturity Date The system calculates the notice maturity date as follows If the notice is given after the lock in period then the system will default the Notice Maturity Date as follows
32. Specify other details if any for the beneficiary Narrative Give a brief description for the payout 6 21 ORACLE 6 4 5 Capturing Interest Details The Child TD parameters are similar to the Parent TD except the child will not have the option to create a new TD as part of Pay out You can capture the details of child TD that is created by payout by clicking on the Interest button on the Term Deposit screen interest Charges Branch Account Calculation Account Interest Booking Account Charge Booking Account Product User Data Elements Currency Effective Dates MOFA Effective Date Interest Statement Account Class Customer Number Interest Start Date Interest Booking Branch Charge Booking Branch Charge Start Date l Interest Rate Based on Cumulative Amount Dr Cr Advices Waive Generate UDE Change Advice Open LBL_CONTVARROLL UDE Values 10f1 User Data Elements Id Rate Code LBL UDEVARIANCE TD Pavout Details Here vou can capture the following details Branch The svstem displavs the branch code where the child TD resides Account Class The svstem displavs the account class to which the TD belongs Account The svstem displavs the child TD account number Customer No The customer identification CIF of the TD customer is displaved here 6 22 ORACLE 6 4 6 Interest Ta
33. Specify the name of the beneficiary for the payout Other Details Specify other details if any for the beneficiary Narrative Give a brief description for the payout Country Code Specify the country code for the payout address Address Line 1 to 3 Specify the address of the beneficiary for the payout Counter Party Details Tab Click Counter Party Details tab on the Term Deposit screen and invoke the following screen Here you can capture pay out details for PC transfer to another bank account You need to maintain these details if you have selected Payout Option as Payments Term deposit Term deposit Instrument Details KATUGA DEE Counterparty Details Counterparty Bank Code Counterparty Account Offset Currency Beneficiary Details Beneficiary Name Address Line 1 Address Line 2 PassporviC Number Narrative Interest You can capture the following details Counter Party Details Specify the following cheque details Counter Party Bank Code Specify the bank code of the counter party 8720 ORACLE Counter Party Account Specify the account number of the counter party for the pay out However you can select the counter party offset account number from the adjoining option list Beneficiary Details Indicate the following details Beneficiary Name Specify the name of the beneficiary Address Line 1 to 2 Specify the address of the beneficiary Other Details
34. The options available are Note If you select the option Account then on clicking P button the system will default the interest and deposit details from the parent TD account If you select the Account Class option then on clicking P button the system will default the interest and deposit details from the account class selected Cheque DD Details Tab Click Instrument Details tab on the Term Deposit screen and invoke the following screen Here you can capture details of the banker s cheque by which the TD needs to be redeemed You need to maintain these details if you have selected Payout Option as Banker s Cheque or Demand Draft Term deposit EJ Counterparty Details Instrument Details Instrument tvpe Bank Code Cheque Date Pavment Branch Beneficiarv Details Address Line 1 PassporviC Number Address Line 2 Narrative Address Line 3 Country Code Interest You can capture the following details Cheque Details Specify the following cheque details Bank Code Specify the bank code of the Bankers cheque Cheque Date Specify the cheque date for the pay out eo ORACLE 6 4 4 Payable Branch Specify the payable branch for the cheque The adjoining option list displays all branch codes linked to the specified bank code You can select the appropriate one Beneficiary Details Indicate the following details Beneficiary Name
35. The rates that will be applied for a given combination of Amount Slab Effective date Lend Borrow Indicator can be tenor based In this screen you can also define interest rates for different tenors For instance for an amount slab you can maintain rates for the Rate Code LIBOR for tenors 1 30 Days 30 90 Days and so on If you do not maintain tenor wise interest rates you have to maintain the tenor as O and then specify the rate This is mandatory to save the details Maintaining Parameters for Premature Withdrawal of TD Oracle FLEXCUBE allows you to capture current TD balance amount using the SDE DEPOSIT_AMOUNT which will consider TD amount sum of partial redemption amount You need to maintain the parameters by capturing the Interest rates on the basis of tenor minimum amount currency and effective date for a TD Based on these parameters the system picks the corresponding rate during Normal Maturity Pre Closure and Partial Redemption of TD Oracle FLEXCUBE also provides additional spread rate maintenance in addition to interest rate for TD based on the parameters maintained which is added to the derived interest rate from the rate chart maintenance and used for Interest calculation The spread is maintained by specifying fixed rate in addition to the rate code attached Calculating Interest Rate during Normal Maturity of a TD Oracle FLEXCUBE performs calculation of Interest Rate during normal Maturity of
36. Top Up Amount Value Date Top Up Pav in Details 10f1 el EA FIPavinOption Percentage Amount OffsetAccount OffsetBranch Original Exchange Rate Applied Exchange Rat I Deposit Details After Top Up Principal Balance Interest Rate Maturity Amount WELGI Date Time Checker Date Time Mod No Record Status Authorization Status The following details are captured here Account Number Select the account number from the adjoining option list On the click of P button the following details related to the selected account is populated in the screen Account Description The description of the selected TD account is displayed here You cannot modify this Account Branch The branch code where the selected TD account is available is displayed here You cannot modify this Currency The currency of the selected TD account is displayed here You cannot modify this Customer Name The name of the customer holding the TD account is displayed here Customer No The code of the customer holding the TD account is displayed here G2 ORACLE Top up Reference Number A system generated reference number for the top up transaction is displayed here Current Deposit Details Interest Start Date The date from which the interest on the TD account should be calculated is displayed here You cannot modify this Principal Balance The principal balance amount of the term deposit is displayed here You cannot
37. You can specify the following details Primary A C Statement This refers to the type of statement to be generated periodically by the system for this account You can specify whether you want a detailed or summary statement or if you do not want a statement for this account at all Generate Stat Only On Movement Check this box to indicate that an account statement should be generated for the account only when there has been a movement of funds into the account or when funds have been transferred out of the account For instance let us assume that on the August 21 2001 you have set the account statement generation frequency as Daily for the account LI020804 On the September 5 2001 there has been no movement of funds in the particular account If you have opted for the Generate Only on Movement option the system will not generate a statement message for September 5 2001 If you choose not to enable this option account statements will be generated regardless of whether there has been a movement of funds or not oe ORACLE Type You can specify whether you want a detailed or summary statement or if you do not want a statement for this account at all Account The system displays the account number for which you are setting the statement details Cycle You can specify the frequency for generating the account statements To specify the frequency of the statements click on the adjoining drop down list The following list
38. a particular transaction code and attempt to post a debit entry the system will seek an override If the message has been configured as an override instead of an error you will be able to continue the transaction despite the restrictions by providing appropriate reasons for the same Otherwise you cannot continue with the transaction During maintenance or online operations in the respective contract screens for the restricted transactions when you specify the customer account the system checks whether the account is restricted for the product that has been selected or the debit credit transaction type If so an override is sought when such contracts are saved ol ORACLE 5 6 Specifying MIS Details Click MIS button on the Deposit Account Booking screen and invoke the Management Information System screen 4 Management Information System Branch Calc Method Account Rate Type Fixed MIS Group Spread Default MIS Groun Pool Code Link to Group Account Level Mane Pool Code Reference Rate Transaction MIS Codes Address 2 Cost Code Composite MIS Codes Address 3 ChangeLog TransferLog Specify the following details Branch Code The current logged in branch code is displayed here Account The TD account number is displayed here MIS Group For an account the transaction type of MIS class will be picked up from the account class Rate Code Specify the rate code Yo
39. appropriate one Note The Account Currency field option list will have the option All currency Currency Details Currency Specify the currencies defined for the bank The adjoining option list displays all valid currencies maintained in the system You can choose the appropriate one Note The Currency field option list will have the option All currency Pay in Check this box to indicate that the currency is allowed for pay in Principal Pay out Check this box to indicate that the currency is allowed for principal pay out Interest Pay out Check this box to indicate that the currency is allowed for Interest pay out On saving of the account class the system will validate for the account currency for which the deposit currency maintained is an allowed account currency or not based on the maintenance at the Account Currency Details screen 9 20 ORACLE If All Currency option is selected then the maintenance will be applicable for all the account currencies maintained at the Account Currency Details screen A single currency can be allowed for all the options or for selected options There will be no restrictions available for this Any currency including the deposit currency can be restricted for pay in or pay out i e the account currency restrictions and the pay in and pay out currency restrictions are not interlinked Only for deposit account class the pay in and pay
40. e Partial Redemption If selected you need to specify the amount for the partial redemption Click Compute button The system displays the following details Payment Details of Redemption Interest Rate The system displays the interest rate of the term deposit Total Interest The system displays the total interest amount payable for the current redemption Penalty Amount The system displays the penalty amount for the current redemption Tax Amount The system displays the amount of tax applicable for the current redemption Net Interest The system displays the net interest payable after deducting tax and penalty for the current redemption Net Payable Amount The system displays the net redemption amount that will be paid to the customer Deposit Details After Redemption In case of partial redemption the system displays the following details Term Deposit Amount The system displays the term deposit amount Interest Rate The system displays the revised interest rate after redemption for the term deposit 8 64 ORACLE Interest Earnings The system displays the total interest that will be earned from the redemption date to the maturity date of the deposit Tax Deductions The system displays the applicable tax amount that will be deducted from the interest earnings during the tenor of deposit New Maturity Amount The system displays the recalculated maturity amount after redemption Annual Percenta
41. maturity rollover and top up of funds If top up is made back dated before last financial transaction system displays the following error message Top up can be back value dated only up to the value date of the last financial transaction 8 ORACLE Top up value date cannot fall on a holiday If back dated top up date is a holiday system displays the following error message Top up value date is holiday When top up is attempted on TD booked through Clearing whose availability date is not reached system displays an error message Top up restricted on deposit be fore availability date Narrative Enter remarks about the top up transaction if any Top Up Pay in Details The pay in details for the TD top up is captured here Pay in Option Select the funding option from the adjoining drop down list The following options are available for selection in the drop down list e Account e GL e Cash This option for TD Pav in is not allowed for Top up of Term Deposit STDTDTOP screen If top up is made through branch screen TDTP by Cash then on query the same will be displayed Percentage Specify the percentage of top up amount that has to be funded through the selected funding option Amount Specify the top up amount that has to be funded through the selected funding option Note In case of multiple pay in modes the sum of amounts in multiple payins should match the top up amount entered
42. 1 0f1 System Elements x UserElements Type GetLatest il Formulas Fields Formula Rate Maker Date Time Checker Date Time Mod No Record Status Authorization Status Note the following e When the formula needs the current outstanding balance use one of the following SDE DEPOSIT_AMOUNT DLY_NET_BAL_M 9 1 ORACLE 9 2 1 DLY_NET_VD_BAL Use the SDE DEP_AMT_INIT when the formula needs the initial deposit amount original principal Interest capitalization will not impact this however partial redemption will impact this Use DAYS when the formula needs the number of days from last liquidation date of account to current date Use DAVS FROM START SDE when the formula needs the number of days from account opening date to current date After rollover this will restart from the rolled over date interest start date The value for PENALTY_APPLY SDE is always set as 1 i e Yes If you check the box Waive Penalty in the Term Deposits Redemption screen ICDREDMN the system will change the SDE value to 0 i e No for that particular account The value for PENALTV BASIS SDE is taken as the redemption amount Use the SDE DEPOSIT_AMOUNT for displaying the maturity amount based on interest capitalization The system sets the value of WAIVE_INTEREST SDE to O if you have unchecked waiver not applicable the Waive Interest check box in the
43. 10 18 Unclaimed Deposits Transferred for a Day Lena 10 33 10 18 1 Contents of the Report 10 34 10 19 Term Deposits Topped up During the Period 10 34 10 19 1 Contents of the Report 10 36 10 20 Ad Hoc Combined Statement sr 10 37 10 20 1 Charge Details s size siiesiimiinzenizzentenznjzninnznninztinnnniikaitizninietienniiinznii 10 38 10 20 2 Combined Statement Generation Report 10 39 10 20 3 TD Linked to OD Account Report se 10 40 10 20 4 Failed Notice Instructions Report ss 10 42 10 20 5 Defaulted Exchange Rate Modified in Term Deposit Repoort 10 43 10 20 6 TD Currency Change Report nn nn nn 10 45 10 20 7 Contents of the Report 10 46 Function ID Glossary sia i i teense 11 1 1 1 1 2 1 3 1 4 1 Preface Introduction This manual is designed to explain the Term Deposits TD module of Oracle FLEXCUBE It provides an overview to the module and provides information on using the Term Deposits module of Oracle FLEXCUBE 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 manual is intended for the following User User Roles Role Function Back office managers officers Authorization functions Product Managers Product definition and authorization End of day operators Processing during end of day beginning of day Financial Controller Product Manager
44. 3 6 3 9 1 sA ount Details Ta eeren a eE A E EEE A 3 7 3 5 2 Maintaining Deposit Details nanna 3 9 3 5 3 Maintaining Denominated Deposit Details 3 24 3 5 4 Maintaining Deposit Currency Preference sse nnnnnnznnnnnn 3 25 3 5 5 Maintaining Channel Restrictions nn 3 28 3 6 Viewing Notice Instruction 00 000 sse nnnenennnnnnn mnn ann nnnnn nar tnnnm ana n tna 3 29 3 7 Setting Up Interest Preferences for TD LL nee nnnnn nanna 3 30 3 7 1 Specifying Accounting Roles for Unclaimed Deposit 3 30 3 7 2 Linking TD Account Class to Interest Product en 3 32 3 7 3 Linking Main Interest Rate UDE nanna 3 34 3 8 Maintaining Floating Interest Rates ss nnnnnnnnnnn nn nem na 3 34 3 8 1 Maintaining Parameters for Premature Withdrawal of TD L 3 36 3 8 2 Calculating Interest Rate during Normal Maturity of a TD 3 36 3 8 3 Calculating Interest Rate during Partial redemption of a TD 3 36 3 8 4 Calculating Interest Rate during Pre Closure Of a TD L 3 37 3 8 5 Calculating Interest Rate Based on Cumulative Amount 3 37 3 9 Maintaining Pre Closure Factor Details nnnennnnnennennnnnnnnnnnna 3 39 3 10 Viewing Pre Closure Factor Details nemmen mnn nn 3 41 TD ACCOUNT i i i ce e 4 1 4 1 Creating a Deposit Account ssielet atleti 4 1 41 1 Main Tab vidi ctee a O taeesiaee tn add eds 4 4 4 1 2 Viewing Amounts and Dates 2 nn nn annnn nanna 4 19 4 1 3 Nominee Tabiiiszjii
45. Account Number Specify the notice deposit account number This adjoining option list displays all valid notice account numbers maintained in the system You can choose the appropriate one Account Branch The system displays the branch code for the specified account number Account Description The system displays the description for the selected account number Account Currency The system displays the currency for the selected account number Customer Number The system displays the customer number for the selected account number Customer Name The system displays the name of the customer for the selected account number After adding a row in the multiple grid if you click on the Default button the system will display the Notice Reference Number Notice Date and Notice Maturity Date Notice Reference Number The system defaults the unique sequence number Notice Instruction Select the notice instruction from the adjoining drop down list This list displays the following values e By Amount e By Ref Number If you have selected the By Amount option you need to specify the notice amount manually The redemption of that amount will be in the FIFO order If you have selected By Ref Number option then the redemption will happen from the associated transaction reference number for the specified Notice Amount obr ORACLE Transaction Reference Number The system displays the top up reference
46. Account is to be held ORACLE Advice Tag Description _ BRADDR1_ Branch address line 1 _ BRADDR2_ Branch address line 2 _ BRADDR3_ Branch address line 3 _ACLASS _ Account Class _ACLASSNAME _ Account Class Name _CUSTID_ CIF ID _CUSTNAME _ Customer name _ADD1_ Customer address 1 _ADD2_ Customer address 2 _ADD3_ Customer address 3 _ADD4_ Customer address 4 _TERMDEPAMT Amount of Term Deposit TERMDEPAC __ Term Deposit Account Number _TENORY_ Tenor Term in years _TENORM __ Tenor Term in months _TENORD _ Tenor Term in days _VDATE_ Opening date _CCY_ Currency _XRATE_ Applicable Rate _SPLAMT __ Interest Amount _SPLCCY_ Interest Amount currency _SPLAMTWORDS _ Interest Amount in words _MATAMT_ Maturity Amount _MATAMTWORDS _ Maturity Amount in words _CCY_ Maturity amount currency _MDATE_ Maturity Date _INTPAIDOUT _ Interest paid out as on simulation date _INTPAIDOUTWORD_ Interest paid out amount in words _CCY_ Currency _TAXCOLL_ Amount of tax collected as on redemption ORACLE Advice Tag Description _SPLCCY __ Tax Currency _TAXAMTWORDS _ Tax amount in words _TDATE_ TD Booking date _REDDATE_ Date of redemption _REDMODE _ Mode of redemption _REDAMT_ Amount of redemption _REDMATWORD _ Redem
47. Balance e Interest Rate e Maturity Date e New Account Number e Currency Change Value Date e Maker ID e Checker ID 6 21 Viewing TD Currency Change History You can view all the transaction history using Term Deposit Currency Change History screen You can invoke this screen by typing ACDCCYH in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Term Deposit Currency Change History amp Enter Query Currency Change Account Account Number Account Branch Account Description Account Currency Customer Number Customer Name Currency Change Details 1 Of 1 F Sequence No Account Number Account Description Transaction Date Event Account Branch Account Currency You can query on records based on any one or all of the following criteria e Currency Change Account e Account Number If the inquiry is done for the Currency Change Account then the details are displayed as follows e The first account number account number on opening of the deposit with details will be displayed in the first row e Subsequent rows will display the account numbers and the respective details for each currency change e f there no currency change then only the first row will be displayed i ORACLE 6 22 e Inthe main section the details of the current deposit holding of the account will be displayed If the inquiry is done for the account number can
48. Browser Summary screen MSSOUBRS 6 36 ORACLE 6 8 2 Capturing Denominated Certificates Details If the TD account selected is a denominated deposit then this tab is enabled Term Deposit Certificate Account Number Branch Code Account Description Account Currency Term Deposit Amount Regular Deposit Denominated Certificates Certificate Allocation Pending Amount Rollover Issue Auto Generate Certificate Number 1 Of 1 FI DenominationID Denomination Description Denomination Value Stock Catalog Code Series Number Certificate Allocation Details The following details are captured here Certificate Allocation Pending Amount This indicates the amount for which the certificate is yet to be allocated Certificate Allocation Pending Amount Term Deposit Amount Certificate Allocated Amount Rollover Issue Check this box if the certificate is generated for a rolled over term deposit Note This is applicable only if the deposit is rolled over Auto Generate Certificate Number Check this box to indicate that system should auto populate the certificate start number and end number Denomination ID Select the denomination id from the adjoining option list The list displays all denominations that are already allocated to the account in the Deposit Account Booking screen and are not yet issued Denomination Description The description of the selected denomination id is d
49. Code Select the transaction branch code The adjoining option list displays all valid branch codes maintained in the system You can choose the appropriate one Branch Name The system displays the branch name once you select the branch code Account Number Specify the account number for which the report is required The adjoining option list displays all valid account numbers maintained in the system You can choose the appropriate one Account Description The system displays the account description once you select the account number Currency Change Account Specify the currency change account for which the report is required The adjoining option list displays all valid currency change accounts maintained in the system You can choose the appropriate one Transaction Information Transaction Date Specify the date of customer change transaction Duration From Specify the date from which the report is needed 1049 ORACLE 10 20 7 To Specify the date to which the report is needed Report Type Report Format Select the format in which you need to generate the report from the adjoining drop down list This list displays the following values e HTML Select to generate report in HTML format e RTF Select to generate report in RTF format e PDF Select to generate report in PDF format e EXCEL Select to generate report in EXCEL format Report Output Select the report output in which you need to generate
50. Date This indicates the product wise Account class total for interest paid to date in ACY Currency Wise Total Interest Paid Today This indicates the Currency total for Interest paid Today in ACY Currency Wise Total Interest Paid to Date This indicates the Currency total for interest paid To date in ACY Branch Wise Total Interest Paid Today This indicates the Branch total for Interest paid Today in ACY Branch Wise Total Interest Paid to Date This indicates the Branch total for Interest Paid To Date in ACY TD Statement of Accounts Report This is a report all financial transactions that are customer initiated along with the interest payout and tax deduction if any that has taken place in a time deposit account There are multiple financial transactions like deposits interest pay out etc that takes place in a time deposit account Some of these will be customer initiated while others may be done by the system for auto renewal sweep transactions etc The customer needs to get a list of such transactions that have taken place in his her account along with key transaction details like date transacted description maturity date of the deposit etc This report is generated monthly at EOFI 10 11 ORACLE 10 7 1 You can invoke TD Statement of Accounts Report screen by typing TDRSOACC in the field at the top right corner of the Application tool bar and clicking on t
51. Date Specify the expiry date If you do not specify the expiry date on save system defaults the current date here The block will be released on EOTI of the specified expiry date The record status will remain as open until the block record is closed This is irrespective of amount block expiry however you cannot modify the amount block after the expiry date Reference Number Specify the reference number Hold Description The system displays the description for the hold code specified Remarks Specify remarks if any Denominated Deposit Certificate Details Amount blocking of a denominated certificates can be done using TD Amount Block Input screen In case of manual TD amount block you can designate the denominated certificates supporting the block Once a certificate is designated for block the status of the certificate will be modified to Amount Blocked from issued re denominated rollover issue or duplicate status automatically 9 80 ORACLE 5 17 Specifv the following details for capturing amount block details for denominated deposit certificates Select All Check this box to select all certificates for the account Certificate Number Select the certificate number from the option list The list displays all active certificates issued for the account Certificate Status This indicates the current status of the certificate selected Certificate Amount This indicates the amount of the certificate
52. Head Verity Funds Code Dedit NoSce Liquidation Days 0 Liquidation Mode Dormancy Parameters Any Applicable Customer NotApplicadle Status harges Sweeps Required Enable Sweep in Enable Reverse Sweep in Charge Start Advice Advice Days Free Period Restrictions Branch and Currency Restriction Customers Categories MIS Preferences Reg Deposit Auto Deposit GLLines Status Rule Date Time Mod No Date Time Record Status Authorization Status Specify the following details Account Class and Description Identify the account class you are setting up with a unique code and a brief description Account Type Select the Deposit from the drop down list Start Date Specify the date from which the account class should become active using the adjoining calendar You will be able to create deposit accounts under this account class only from this date End Date You can also specify the life span of the account class by indicating the end date The end date for an account class refers to the termination date after which creation of new account under the account class is disallowed Consequently the option list for Account Class in all further transactions screen in Oracle FLEXCUBE will not display the expired account class as of the system date However the existing accounts for the account class will be active even after the end date Note If you do not specify an End Date for the ac
53. Notice Maturity Date Notice Date Notice Days aog ORACLE If the notice is given within the lock in period then the system will default the Notice Maturity Date as follows Notice Maturity Date Notice Date Notice Days or Account Opening Date Lock in period whichever is higher However you can modify the defaulted date to a date on which you want to withdraw the money This date can be any date greater than the defaulted notice maturity date If the modified date is less than the defaulted notice maturity date then the system will display an error message The system will display an override message if the notice maturity date is changed from defaulted date due to holiday movement Auto Liquidation Check this box if you want to process the notice instruction automatically on BOD of Notice Maturity Date If this box is checked then the Notice Amount provided against that instruction will be redeemed automatically on the Notice Maturity Date If this box is unchecked then no action will be taken on the Notice Maturity Date You need to provide a separate instruction for redemption on the Notice Maturity Date to receive the funds into the required account The following fields in Term Deposit Redemption Input screen ICDREDMN will be unchecked for auto liquidation e Waive Penalty e Suppress Redemption Advice If it is a Partial Redemption then Maturity Amount field in Term Deposit Redemption I
54. ORACLE 8 6 3 3 8 6 4 8 6 4 1 8 6 4 2 IMAT Interest Maturity Accounting Entries Accounting Role Amount Tag Dr Cr Indicator INT LIQD IMAT Debit INT BOOK IMAT Credit PRINC LIQD PMAT Debit PRINC BOOK PMAT Credit Recurring Deposit Scheme You can set up event wise accounting entries and advices for the product as suggested below Sample accounting entries for IC Product with Rule ID TDRD are given below DEBK Book Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDACCOUNT TD PRINC Credit TDOFFSET TD PRINC Debit IACR Interest Accrual Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDRD ACR ADJ 1 IACR ADJ Credit TDRD PNL ADJ 1 IACR ADJ Debit TDRD ACCR 1 IACR Credit TDRD PNL 1 IACR Debit 8 24 ORACLE 8 6 4 3 8 6 4 4 8 6 5 ILIQ Interest Liquidation Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDRD BOOK 2 ILIQ Debit TDRD BOOK 1 IACQUIRED Credit TDRD ACQUIRED 1 IACQUIRED Debit TDRD PNL ADJ 2 IACQUIRED Credit TDRD BOOK 2 IACQUIRED Debit TDRD PNL 2 ILIQ Credit TDRD BOOK 3 TAX ADJ Debit TDRD TPBL 3 TAX Credit TDRD BOOK 3 TAX Debit TDRD BOOK 1 ILIQ Credit TDRD ACCR 1 ILIQ Debit TDRD TPBL ADJ 3 TAX ADJ Credit IMAT Interest Maturitv Accounting Entries Accounting Role Amount Tag Dr Cr Indic
55. Rate Maintenance oe ORACLE If you specify the exchange rate preferences for a Non Deposit Type of account class then while saving the system displays an error message as The Term Deposit Exchange Rate preferences cannot be provided for a Non Deposit type of Account Class If you specify the variance percentage as 0 then while saving the system displays as error message Variance percentage cannot be entered as 0 Default Tenor You can define a tenor for the deposits that are opened under an account class Deposits opened under the account class will automatically acquire this tenor However you can change the tenor to suit the requirements of a specific deposit The default tenor should be within the minimum and maximum range specified Days Specify the default tenor in terms of days Months Specify the default tenor in terms of months Years Specify the default tenor in terms of years Maximum Tenor Specify the maximum tenor for which deposits can be created under this account class If the term deposit is booked beyond the maximum tenor then the account fails to save and the system displays following error message Tenor of deposit is greater than the maximum tenor of the deposit Days Specify the maximum tenor in terms of days Months Specify the maximum tenor in terms of months Years Specify the maximum tenor in terms of years Minimum Tenor Specify the minimum tenor for which deposits
56. Rate Based on Cumulative Amount at the account class is selected The settlement account for the interest cannot be the same TD account Maintaining Amount Blocks Oracle FLEXCUBE allows you to facilitate creation of manual amount blocks and closure of the same for TD accounts You can maintain the amount blocks using Amount Block Input ii ORACLE screen To invoke this screen type STDAMBLE in the field at the top right corner of the Application tool bar and click the adjoining arrow button TD Amount Block Input E New amp Enter Query TD Account Block Details Account Account Description Amount Block Number Currency Amount Effective Date Expiry Date Remarks Amount Block Type FLEXCUBE X Reference No Hold Code Hold Description LBL_DEN_CERT_DETAILS TILBL SELECT ALL 10f1 7 Certificate Number LBL CERTIFICATE STATUS LBL CERTIFICATE AMOUNT LBL BLOCK OR REDEM LBL ISSUED oO Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details Account Specify the TD account that needs to be blocked The adjoining option list displays all active open and authorized TD accounts that are available for blocking Account Description The system displays the description of the specified account number based on the details maintained at Deposit Booking screen Currency System defaul
57. Re pick up Account Class Tenor on Rollover is checked at the account class level then by default this option is selected If you select this option then the following are applicable The value of Default Tenor at account class is considered as the Rollover Tenor during deposit rollover During opening or modification within the term of the deposit if you change the defaulted value for Rollover Tenor from Account Class Tenor to Account Tenor or Independent Tenor then on save system displays the override message Re pick up Account Class Tenor on Rollover restrictions at account class will be ignored On save the system displays the Next Maturity Date Account Tenor If re pick up account class tenor on rollover is set to No at the account class level then on selecting rollover the rollover tenor will be defaulted as account tenor On rollover the system displays the original tenor of the TD in terms of days months and years However you can change the default option during rollover When you save it the system displays an override message Re pick account class tenor on rollover restrictions exists at account class If Re pick up Account Class Tenor on Rollover is unchecked at the account class level then by default this option is selected If you select this option then the following are applicable The value of Original Tenor of the de
58. TD Currency Change Summary You can view a summary of all term deposit currency change using the Term Deposit Currency Change Summary screen To invoke this screen type STSACCH in the field at the top right corner of the Application tool bar and click the adjoining arrow button Term Deposit Currency Change Summary ER Search Cf Advances Seach A Reset G Ciear AB Sensitwe Aumonzaben Status Record Status Account Number af Currenv Change Valse Date Customer Number ali Currency Change Account Account Branch si Account Currency Records perpage 15 1001 fuitherization Record Currency Change Account Account accourt Account Customer Customer arent interest Maturity Status Status jA count jikamber Descripson Currency Branch Number None Balance Pate Amount Maker ID Checker 10 A You can query on records based on any one or all of the following criteria e Authorization Status e Record Status e Account Number e Customer Number e Account Branch e New Account Number e Currency Change Value Date e Currency Change Account e Account Currency Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Authorization Status e Record Status Bris ORACLE e Currency Change Account e Account Number e Account Description e Account Branch e Account Currency e Customer Number e Customer Name e Current
59. TE 7 5 7A Reversing Pavment sse ienet eii a e e ia e eaa 7 6 7 5 Penalty Rule for non payment of installment se neenennnnnnennnna 7 7 7 5 1 Holiday Calendar for RD Month End Installment snen 7 8 Annexure A Accounting Entries s nn nnnnnzzzznnnnnzznnnnnznnnnnnn 8 1 8 1 Accounting Entries and Advices for TD nn nnare nanna tna 8 1 10 BZ Y o E i ibati i TG d EEE 8 1 8 37 Amount l AQSi it i a oe a oo ag 8 1 8 47 ACCOUNTING ROGS isba ii sa ii pl ba sa ae a aka a iba ia bidliet ta E 8 2 Bids TTID AQVI ES ili i toes dia At ea a Mata i a a a a ao 8 4 8 5 1 TD Top Up AdVICES rrie na aaa aaa aea giles iiaeia A eaa ia eA 8 4 8 5 2 TD Maturity Date Change AQVICES nn 8 5 8 5 3 Redemption Advices e 8 5 8 9 4 Rollover AQVICES a ete tater aa a e ah ade 8 7 6 050 ukIDSAQVICOS Mises e a a T SA 8 8 8 5 6 INPUTSLIP_TD_PRINT Advice Tag nanna 8 12 8 5 7 TD Renewal Simulation Advice 8 13 8 5 8 TD Top Up Simulation Advice ccccccccceceeeeeeeeneeceeceeeeeeeeeteteeesenseaseees 8 14 8 5 9 TD Redemption Simulation Advice 8 16 8 6 Event wise Accounting Entries for Products ss nnenennnnznnenanznnznnnnn 8 19 8 6 1 TD with Capitalization eae a a aee ena EEE 8 19 8 6 2 Normal TD with Simple Interest 8 21 8 6 3 TD with Rate Chart Allowed c 8 22 8 6 4 Recurring Deposit Scheme nn enan en nna netta 8 24 8 6 5 Discounted Deposits e 8 25 Annexure B IC Rule Set up
60. Term Deposits Redemption Input screen ICDREDMN The system sets the value of this SDE to 1 if you have checked the Waive interest check box waiver applicable Use the SDE NOTICE ACCOUNT to identify whether the redemption for a notice instruction is done after providing Notice Instruction or without providing Notice Instruction Ifthe redemption is done after providing the notice instruction using Notice Reference Number then the SDE will return the value as 1 Ifthe redemption is done without providing any notice instruction then the SDE will return the value as 0 For details about the screen refer the chapter Maintaining Interest Rules in the Interest and Charges User Manual You can maintain rules for the following Capitalized Deposit with Penalty TD with Normal Tenor and Penalty Recurring Deposit Rule Rate Chart Allowed with Penalty Discounted TD with Penalty Capitalized Deposit with Penalty Specify the following details On Account Opening Month Check this box On Account Closure Month Check this box SDE Maintain the following SDEs DAYS DAYS_FROM_START DEPOSIT_AMOUNT v2 ORACLE e PENALTY_APPLY e PENALTY_BASIS e TENOR e YEAR UDE Maintain the following UDEs e TAX RATE e TD1 e TD2 e TD 3 e TD_PNL Tvpe For each of the UDEs select the option Rate from the adjoining drop down list Get Latest For each of the UDEs select the option Use E
61. The svstem populates the branch code of the account from which fund is transferred to TD account This field returns the branch code if the account is selected and NULL is returned if GL is selected Account Specify the account number GL from which the fund is transferred to TD account If it is Pay In mode in GL then the system displays only GL s and if the Pay In mode is Account then only accounts are displayed in the option list Narrative Specify remarks about the transaction Faa ORACLE 5 11 6 1 5 11 6 2 Specifying Pay out Parameters for Child TD Click Payout Parameters button on the Term Deposit Interest screen and invoke the Payout Parameters screen Here you can specify pay out preferences for the child TD Payout Parameters Bankers Cheque PC Cheque Details Currency Bank Code Payable Branch Beneficiary Details Beneficiary Address Beneficiary Name PassportiC Number Narrative This screen comprises two tab viz e Bankers Cheque e PC Bankers Cheque Tab for auto pay out of Child TD By default this tab is displayed on invoking the screen You need to capture the following details in case you want to redeem the child TD using a banker s cheque Cheque Details Specify the following details Bank Code Specify the bank code of the Bankers cheque Currency Specify the currency in which the cheque is drawn Payable Branch Specify the payable branch for the cheq
62. The system displays the TD currency You cannot modify it Payable Branch Specify the payable branch for the cheque The adjoining option list displays all branch codes linked to the specified bank code You can select the appropriate one Instrument Type Instrument type of the TD will be defaulted here based on the payout type value selected in the main screen if you have selected Payout Type as Demand Draft or Bankers Cheque aS ORACLE 5 11 3 Beneficiary Details Specify the following details Beneficiary Name Specify the name of the beneficiary for the pay out Passport IC Number Specify the passport number or identification card number of the beneficiary for the pay out Narrative Specify the description for the pay out Beneficiary Address Specify the address of the beneficiary for the pay out Specifying PC Details Click PC tab to capture pay out details if you have opted for TD pay out through PC transfer to another account Term Deposit Payout Details Branch Currency Account Term deposit Bankers Cheque Demand Draft Counterparty Counterparty Bank Code Counterparty Account Currency Beneficiary Details Beneficiary Address Beneficiary Name PassporviC Number Narrative Interest The following details are captured here Counterparty Specify the following details Counterparty Bank Code Specify the bank code of the counter party for the pay out
63. This indicates the total Interest accrued for the accounts 10 9 Term Deposits Opened for the Period Report This report list the term deposit accounts which are opened for the given period and that are currently on open status 10 14 ORACLE 10 9 1 You can generate this report using TD Account Opened Report screen by typing TDROPEN in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button TD Account Opened Report From Date To Date Branch Account Class Customer Report Format Printer At Client Report Output Printer Specify the following details here From Date Enter the TD accounts which are opened from this date However by default the system displays the current application date To Date Enter the TD accounts which are opened till this date However by default the system displays the current application date Branch Specify the branch code of the TD account The adjoining option list displays the list of all the valid TD RD branch codes maintained in the system You can choose the appropriate one Account Class Specify the account class of TD account The adjoining option list displays the list of all the valid TD RD account classes maintained in the system You can choose the appropriate one Customer Specify the customer number of the customer The adjoining option list displays the list of all the valid customer numbers ma
64. account class tenor The default account class tenor is displayed as tenor in days months and years which you cannot change However you can change the default option during rollover When you save it the system displays an override message Re pick account class tenor on rollover restrictions exists at account class If Re pick up Account Class Tenor on Rollover is checked at the account class level SAD ORACLE then by default this option is selected If you select this option then the following are applicable The value of Default Tenor at account class is considered as the Rollover Tenor during deposit rollover During opening or modification within the term of the deposit if you change the defaulted value for Rollover Tenor from Account Class Tenor to Account Tenor or Independent Tenor then on save system displays an override message On save Maturity Date will not be displayed e Account Tenor If Re pick up Account Class Tenor on Rollover is set to No at the account class level then on selecting rollover the rollover tenor will be defaulted as account tenor On rollover the system displays the original tenor of the TD in terms of days months and years However you can change the default option during rollover When you save it the system displays an override message Re pick account class tenor on rollover restrictions exists at account class
65. address of domicile of the nominee You can enter the address in four lines You can specify a maximum of 105 alphanumeric characters in each line Minor Check this box if the nominee is a minor Guardian Name If the nominee is a minor specify the name of the guardian Relationship Specify the relationship of the guardian with the minor Address 1 to 4 Specify the address of domicile of the guardian You can enter the address in four lines You can specify a maximum of 105 alphanumeric characters in each line 4 21 ORACLE 4 1 4 Dual Currency Deposit Click Dual Currency Deposit tab on the Deposit Account Booking screen The following tab will be displayed TD Accounts Maintenance New E3 Enter Query Branch Customer No Pay In Option Term aig re Customer Name PayinBy GREE umber E lid Term Deposit Currency Account Class SD User Reference Clearing Type Cheque Instrument No Cheque Date Drawee Account Number Routing No Main Nominee Check List PME KOT ic oA Dr eia Dual Currency Deposit Linked Currency Currency Option Product Option Contract Reference Exchange Rate Linked Currency Settlement Account Linked Currency GL Fixing Days Yield Enhancement Inception Fair Value Interest Charges Linked Entities Restrictions MIS Statement JointHolders Fields Account Signatory TD Payout Details Statistics Interest Payout Details Rollover Hi
66. adjoining arrow button TD Full balance Listing Branch Code Status Process Date Report Format Printer At Client Report Output Printer Specify the following details here Branch Code Select the branch code for which the report needs to be generated from the adjoining option list The list displays all valid branch codes You have an option to select all the branches or a single branch If the branch code is not specified then the TD accounts of all the branches are shown in the report Status Select the account status from the drop down list The options available in the drop down list are as follows e Open If you select this option the report will be generated for all open deposit accounts e Close If you select this option the report will be generated for all closed deposit accounts Click OK button to generate the report For the selected branch currency wise deposit amount and number of deposits for the previous month and current month will be displayed along with the cost Process Date Select the date for processing the report from the adjoining calendar button The open or close TD accounts till the process date is displayed If the process date is not specified then the open or closed TD accounts till current system date are shown Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning
67. amount between already liquidated amount till 290 ORACLE the last liquidation date and newly recalculated profit for redemption amount and remaining amount and debits customer with Amount3 Amount1 Amountz2 e The system considers the balance amount after the partial redemption as the new TD with the original TD tenor e lf top up is made to a TD account then on part full redemption the redemption amount is taken from the top up amount first LIFO order e The tenor for the redemption amount i e Reduced Tenor Completed tenor from the Top up date till the redemption date is calculated The tenor for the remaining amount will be the total tenor mat_date interest_Start date This tenor is applicable for the rate pickup in case of floating rates LDMM e Arriving at the interest rate for redemption amount and remaining amount will be based on the Premature Redemption Parameters chosen for Rate Chart Allowed Deposits e If redemption amount involves both from top up amount and initial deposit amount then the interest and penalty on partial redemption is calculated separately for top up amount from value date of top up till the partial redemption date and for initial deposit amount from the from value date of opening till the partial redemption date 3 8 4 Calculating Interest Rate during Pre Closure of a TD Oracle FLEXCUBE allows calculating Interest Rate during Pre Closure of a TD The system performs the following
68. and Manual rollover STDTDTOP Deposit top up screen ICDRDPMT Recurring Deposit Payments Input Installment Amount is validated for the limit ICDRDREV Recurring Deposit Payments Reversal Amount of transaction that needs to be reversed is validated 9 98 ORACLE 6 1 6 2 6 TD Operations Introduction You can perform the following operations on a Term Deposit TD e Top up e Redemption e Advice Certificate generation e Closure e Simulation Topping up a TD You can top up a TD by adding funds to an existing active term deposit The top up can be done anytime after the opening date of the TD or anytime before the maturity date of the TD Top up input and approval is restricted to only those users who have sufficient rights assigned to their user roles Limit for input and limit for approval defined at the role level for the user is applicable for the top up transactions You are allowed to do multiple top ups to the same account in a single day provided the minimum and maximum booking amount and the maximum amount for the deposit account is not breached The top up amount must not exceed the limit of minimum and maximum amount allowed for the deposit If the deposit amount after top up exceeds the maximum amount system displays the error message Deposit amount after top up should not cross the maximum amount limit allowed for the deposit On top up the deposit amount including top up amount is validated against
69. applied when the free banking period if any elapses This means that the Charge Start Date is arrived at by the System by adding the Free Banking Period days if any specified for the Term Deposit used by the account to the Account Opening Date If no Free Period has been indicated for the account class used by the account the Charge Start Date is defaulted to the Account Opening Date that is charges on the account would be applied right from the account opening date and displayed in the Special Conditions Maintenance screen You can override the default Charge Start Date and specify the desired start date for charge application Interest Booking Branch By default the customer s account in the current branch will be displayed in this screen in the Interest Charge Booking Account and Interest Charge Booking Branch fields However you have the option of booking interest charge to a different account belonging to another branch also You can select the Interest Charge Booking Branch from the option list available The accounts maintained in the selected Booking Branch will be available in the option list provided for Interest Charge Booking Account You can select the account from this list Interest Charge will be liquidated into the selected account Dr Cr Advices You can indicate whether you want to generate an interest liquidation advice for a customer account Check this box to indicate that the system must generate payment advice
70. available customers and accounts across the branches Click OK button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body of the report The following detail block elements are displayed in the report Field Name Field Description 1 2 ORACLE 10 3 Customer Number This indicates the customer number whose fixed deposit details are reported Customer Type This indicates the customer type of the above customer Account No This indicates the TD account number whose details are gener ated in the report Customer Name This indicates the full name of the customer based on the cus tomer number Officer ID This indicates the unique id of the customer Currency This indicates the account currency Deposit value date This indicates the value date of the deposit transaction in an account
71. default value of the independent tenor will be null e The tenor should be specified within the minimum and maximum tenor limits maintained at the account class level The tenor months cannot be greater than 11 months and if tenor months is specified the tenor days cannot be greater than 30 days Years This indicates the number of years in the original tenor Months This indicates the number of months in the original tenor Days This indicates the number of days in the original tenor If the maturity date falls on the holiday the system adjusts it Rollover Tenor The deposit tenor has following options as below e Account class tenor If you select this the system displays the account class tenor in days months and years You cannot change this The system will not display the next maturity date The default account class tenor at the time of rollover is considered e Account tenor This is the default option If this is selected the system populates the original tenor of the parent TD The tenor is represented in days months and years You cannot change this e Independent tenor If you select this you can enter the rollover tenor in terms of days months and years The default value of the independent tenor will be null Years This indicates the number of years in the rollover tenor Months This indicates the number of months in the rollover tenor Days This indicates the number of days in the rollover tenor T
72. done at bank level for the respective currency e Both Branch amp Currency Holiday calender is based on both branch and currency holiday maintenance The holiday calendar is used to arrive at the maturity date The holiday calendar defined at the account class is applicable to all term deposits under the account class You cannot modify the Holiday Calendar if there are active accounts under the account class For month end deposits if holiday calendar is applicable then the account class holiday calendar options indicate the following e Ignore Maturity date does not change even if it is a holiday i e the maturity date will be last day of the month If you select this option then system ignores all other values e Deposit Branch Holiday If the maturity date is a holiday as per the deposit branch calendar then system moves the maturity date to the last working day of the same month e Deposit Currency Holiday If the maturity date is a holiday as per the deposit currency calendar then system moves the last working day to the same month e Both Deposit Currency and Branch Holiday If the maturity date is a holiday as per the deposit currency and branch calendars then system moves the maturity date to the last working day of the month Holiday Movement Select the working day to which the holiday should be moved from the adjoining drop down list This list displays the following values e NoChange If you select this
73. done based on the notice instruction If you check this box for an account which is not a Notice Deposit account then while saving the system displays an error message Notice Reference Number Specify the notice reference number pertaining to the Notice Deposit Account You can also select only the active or failed notice reference number on notice maturity date Notice Amount The system displays the notice amount for the specified notice reference number Notice Date The system displays the notice date for the specified notice reference number Notice Maturity Date The system displays the notice maturity date for the specified notice reference number The interest rate applied for the redemption transaction without notice will be different from the redemption transaction with notice Redemption will happen in the same sequence in which the amount has been reserved during notice instruction creation Redemption Indicate the following details if you have chosen Redemption Redemption Mode Select the mode of redemption from the following options e Full Redemption In this case you can redeem the complete deposit balance of the account On save the redemption amount will be equal to the account balance Full i ORACLE redemption will update the status of the deposit account as closed On complete redemption interest along with principal is redeemed The redemption amount is equal to the total of principal and interest amo
74. e Yes Select this to include the customers assigned to your subordinate RMs e No Select this to generate the report only for the customers assigned to you excluding the customers assigned to your subordinate RMs Choose the appropriate one Click OK button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body of the report The generated report will have the following information Field Name Field Description Account No Deposit No This indicates the TD account Number Customer Name This indicates the Name of the TD account holder Closure Date This indicates the TD account closed date Amount of deposit This indicates the Deposit Amount Maturity Date This indicates the Maturity date of the TD account Proceeds credit to This will show the Payment Mode of the TD account In
75. flag cannot be selected for account currency change allowed deposits ae ORACLE Allow Partial Liquidation Check this box to indicate that partial redemption is allowed If Allow partial Liquidation is not checked then partial redemption will not be allowed on term deposits under this account class Refer the section Maintaining Floating Interest Rates in this Manual for details about maintenance required for partial liquidation of TD Allow Partial Liquidation with Amount Block Check this box to indicate that partial liquidation is allowed for the deposits with amount blocks If the TD is linked partially then partial liquidation of the TD will be allowed only if you check this box Move Interest to Unclaimed Check this field to move the interest amount to the unclaimed GL mapped at the IC product in the accounting role INT UNCLAIMED on maturity date or grace period end date of the term deposit account Move Principal to Unclaimed Check this field to move the principal amount to the unclaimed GL mapped at the IC product in the accounting role PRN_UNCLAIMED on maturity date or grace period end date of the term deposit account Note The system does not allow payout instruction if Principal and Interest is moved to un claimed Rate Chart Allowed Check this box to indicate that the system should calculate TD interest based on the LDMM float rate maintained in the LD MM Floating Rate input
76. maintained as a RATE UDE with value as 5 PMI formula PMI_DAYS PMI_RATE DEPOSIT_AMOUNT 100 PMI calculated as 14 5 10000 365 100 19 178 JPY In case of redemption during Unclaimed Days 15 JUL 2013 the following accounting entries for PMI interest will be passed Account GL Dr Cr Amount Interest Payable Dr 19 178 Customer Account Cr 19 178 The following are the Changes to Redemption and Rollover Use Cases Redemption Rollover Redemption seo cani eRe A S within Rollover within within Details within Grace Unclaimed Grace Davs Unclaimed Davs Davs Davs PMI applicabil Yes Yes No as deposit Yes ity rolled over from maturity date Period for maturity date to maturity dateto N A maturity date which PMI is redemption redemption to rollover payable date date date Reversal of No No Yes No Accrued PMI At the end of Unclaimed Days the total amount P I PMI accrued till date should be moved to Unclaimed GL for further manual processing IC Rule Set up for Premature Redemption When premature redemption partial or full is processed using Interest amp Charges Product Maintenance and Redemption in Multimode screen for deposits the following sequence of processing should be adopted e Compute the actual deposit tenor i e Request Date TD Opening Date e ASDE MONTHS FROM START will be used which will be incr
77. of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description 194 ORACLE Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body of the report The following detail block elements are displayed in the report Field Name Field Description Account Class This indicates the account class code Class Name This indicates the class name Currency This indicates the currency of transaction Status This indicates the status of the TD account Account Number This indicates the TD account number Customer ID This indicates the unique id of the customer Customer Name This indicates the name of the customer Open Date This indicates the date on which the account was opened Maturity Date This indicates the maturity date of the deposit account Deposit Tenor This indicates the deposit tenor in days months and years Interest Rate This displays the interest rate applicable to TD account Interest rate based on cumu lative amount This indicates Y N based on whether the interest rate is based on cumulative rate
78. on Rollover Flag is modified You can proceed Check this box to enable continued variance on rollover If you check this then the system will default account variance as current value to the rollover deposit for the next cycle If you do not check this then the account variance will not be carried forward to next rollover cycle vee ORACLE 5 11 6 Interest rate based on cumulative amount Check this box if child TD account has to be considered for cumulation Cumulation is applicable only for rate chart allowed TDs Effective Date Specify the effective date of a record which is the date from which a record takes effect The system displays the maturity date of the parent TD However you can change it Open Specify the open records with different Effective Dates if the values of UDEs vary within the same liquidation period UDE ID Specify the UDE ID for the account UDE Value Specify the values for a UDE for different effective dates for an account When interest is calculated on a particular day for an account with special conditions applicable the value of the UDE corresponding to the date will be picked up Rate Code Specify the rate code for the account TD rate code is not applicable for Child TD Variance Specify the variance in the interest rate This is the variance alone The effective rate will be the sum of the TD rate code and the variance that you specify here You can modify it anytime Deposit T
79. on interest liquidation rate change on rollover and top up Note When cumulating the amount of the deposits system considers the current deposit balance of all the deposits along with the new deposit amount For backdated deposit opening all the active deposits as of the current system date are considered to arrive at the cumulative amount if the Interest Rate Based on Cumulative Amount box is checked This is applicable only for rate chart cases TD accounts opened after the interest start date will not be considered for arriving at the cumulation amount If more than one deposit with same account class CCY and customer combination is opened on the same day with cum flag checked for atleast one account then during EOD system would re arrive the cumulation amount for the accounts opened on the same day so as to give the cumulation benefit for all accounts opened on same day The interest rate derived is applied only to the floating rate deposits rate change on interest liquidation and rate change on rollover and there will be no change to the deposits which are used for arriving at the interest rate If back dated TDs are opened then the system will not pick up cumulation rate during EOD Cumulation rate is picked up only during the rate pick up events The system does not pick up the cumulation rate on modification of TD account Refer the section Calculating Interest Rate Base
80. option then there is no change in the maturity date Also system ignores the value selected for Maturity Date Across Months By default this option is selected e Previous Working Day In case the computed maturity date is a holiday then system moves the maturity date to the previous working day for the corresponding Holiday Calendar chosen e Next Working Day Incase the computed maturity date is a holiday then system moves the maturity date to the next working day for the corresponding Holiday Calendar chosen Holiday movement is adjusting the next maturity date when the maturity date falls on a holiday based on the Holiday Calendar chosen Holiday Movement is not applicable if you select Ignore option for Holidav Calendar Note You cannot modify the Holiday Movement if there are active account under the account class kid ORACLE Maturity Date Movement Across Months Select the maturity date movement across months from the adjoining drop down list e Allowed The maturity date is moved across months If the computed maturity date falls on a Holiday then the maturity date can be moved to the next or previous working day based on the holiday movement option even if it falls in a different month e Previous next working day of the same month After moving the maturity date if the adjusted maturity date falls in the previous next month then the system moves the maturity date forward or backward to the
81. options in the drop down list For IC Rate code TDs you can select only Current option If any other option is se lected the error message Interest rate option should be current for Non rate chart account class is displayed sal ORACLE If the option Interest Rate Based on Cumulative Amount is checked then the interest rate will be based on the cumulative amount of all the deposits including this deposit amount of the same customer under the same account class for the same currency Dual Currency Deposits Dual Currency Deposit DCD is a short term currency linked deposit through which you earn a higher interest rate than regular term deposits The Bank converts the deposit currency into the linked currency at the pre determined conversion rate on the fixing date two working days prior to deposit maturity At maturity you receive the principal and interest in either the deposit currency or the linked currency whichever is weaker The following details are captured here Linked Currency Specify the linked currency if the account class is to be used for creating TD with Dual Currency option Alternatively you can also choose the currency from the adjoining option list Note You will be allowed to capture this value here only if the option Dual CCY Deposit is checked at the Account Class Maintenance screen You will be allowed to modify this val ue even after authorization Currency Opti
82. or not Maturity Amount This displays the maturity amount of the TD Principal Amount This indicates the total Principal Amount of the deposit account Accrued Interest This indicates the interest accrued for the deposit account 10 4 Large FD Report This report provides customer wise details of large time deposits beyond the given amount criteria You have an option to print and view the report in pdf or excel format 10 8 ORACLE 10 4 1 You can invoke Large FD Report screen by typing TDRFDREP in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Large FD report Branch Code Currency Code ALL Amount Exceeding Report Format PDF Printer At Client Report Output Print Printer Specify the following details here Branch Code Select the branch code for which the report needs to be generated from the adjoining option list The list displays all valid branch codes You have an option to select all the branches or a single branch Currency Select the currency code from the adjoining option list The list displays all valid currency codes maintained in the system By default the value ALL will be displayed Amount Exceeding Specify the deposit amount here The report generated will include only those accounts which exceed the deposit amount specified here Click OK button to generate the report Cl
83. out currency restrictions can be maintained This validation will be available when you try to maintain the pay in and pay out currency restriction For the child TD the account class is different from the parent TD account class a validation will be done during the input of the child TD account class during the opening of the parent TD or whenever the child TD account class is input otherwise the system will display an error message as The pay in currency is restricted for the child TD account class The following are the details of each currency restrictions Allowed actions using the Validations done Currency allowed for currency at Pay in Deposit pay in During the respec Deposit Top up tive operations RD initial pay in RD Payment Accounts input modification for RD automatic drawdown RD installment pay in Principal Pay out Principal pay out Opening of the deposit Modification of prin cipal pay out details Premature partial or full redemption Maturity redemp tion Interest Pay out Interest pay out Opening of the deposit Modification of interest pay out details Premature partial or full redemption Maturity redemp tion oe ORACLE 3 5 5 Maintaining Channel Restrictions You can define the allowed disallowed channels for the account class using the Channel Restrictions screen To invoke this screen click the button Channel Restrictions on
84. restrictions by providing appropriate reasons for the same Otherwise you cannot continue with the transaction During maintenance or online operations in the respective contract screens for the restricted transactions when you specify the customer account the system checks whether the account is restricted for the product that has been selected or the debit credit transaction type If so an override is sought when such contracts are saved Transaction Details Indicate the following preferences Special Condition By default the restrictions maintained at the account class level will be displayed here When you define transaction code restriction attributes for an account itself rather than for the account class to which it belongs it is referred to as a Special Condition You can apply on ORACLE special conditions by selecting the option Applicable at the account level If you opt to define special conditions for an account the restrictions defined for the Account Class to which the account belongs will NOT apply to this account If you wish to continue with the account class restrictions opt for Not Applicable Transaction List Specify the restriction type here The options available are e Allowed If you select this the transaction codes entered in the multi entry block will be allowed for that account e Disallowed If you select this option the transaction codes entered in the multi ent
85. should be created under this account class If the term deposit is booked before the minimum tenor then the account fails to save and the system displays following error message Tenor of deposit is lesser than the minimum tenor of the deposit Days Specify the minimum tenor in terms of days Months Specify the minimum tenor in terms of months Years Specify the minimum tenor in terms of years oe ORACLE Premature Redemption Parameters for Rate Chart Allowed Deposits Interest Rate for Redemption Amount Select the interest rate to be applied for the redemption amount from the adjoining drop down list The following options are available in the drop down list for selection e Continue Existing e Ason Opening date By default this option is selected e Ason Redemption date e Ason Rate Revision Events e Special Rate Code Note This is applicable only for Rate Chart Allowed deposits By default As on Opening Date option is selected You can modify this only if there is no active accounts linked to the account class Special Rate Code Specify the special rate code for the redemption amount Alternatively you can also select the rate code from the adjoining option list This is a mandatory input only if the interest rate is chosen as Special Rate Code Interest Rate After Redemption Select the interest rate to be applied after redemption of TD from the drop down list The followi
86. svstem Vou can select the appropriate one Principal Liquidation Account On maturitv the principal of a time deposit can be liquidated into an account vou specifv This would typically be the customer s account When maintaining a deposit indicate the account into which the principal should be liquidated Vou should also Interest Start Date Specifv the date from which the interest accruals of TD account begins Maturitv Date The svstem defaults the maturitv date from the default tenor from the account class However vou can modifv this date On this date the term deposit account gets liquidated Auto Rollover Check this field to automatically rollover the deposit you are maintaining You have to indicate Rollover Type on selecting this option BAD ORACLE Close on Maturity Check this field to close the term deposit account on maturity date and transfer the amount to the principal liquidation account If you select this option the principal liquidation account should be an account other than the term deposit account Move Interest to Unclaimed Check this field to move the interest amount to the unclaimed GL mapped at the IC product in the accounting roles on grace period end date of the term deposit account Move Principal to Unclaimed Check this field to move the principal amount to the unclaimed GL mapped at the IC product in the accounting roles and liquidate the interest amount to the interest booking account on grace per
87. system should arrive at the interest rate of a new deposit using the cumulative amount of other active deposits under the same account class customer and currency The cumulation of the amount for arriving at the interest rate is done at the account level during the save of the below events e Deposit account opening e Anv interest rate change to the deposit floating rate deposits rate change on interest liquidation and rate change on rollover Note When cumulating the amount of the deposits system considers the current deposit balance of all the deposits along with the new deposit amount TD accounts opened after the interest start date will not be considered for arriving at the cumulation amount For backdated deposit opening all the active deposits as of the current system date are considered to arrive at the cumulative amount if the Interest Rate Based on Cumulative Amount box is checked The interest rate derived is applied only to the new deposit to be opened and there will be no changes done to the deposits which are used for arriving at the interest rate a4 ORACLE Refer the section Calculating Interest Rate Based on Base Amount in this User Manual for details about arriving at interest rate based on cumulative amount Continue Variance on Rollover The system defaults it based on the flag availability in the TD account level However you can modify this flag Check this b
88. terms of days months and years The default value of the independent tenor will be null Years This indicates the number of years in the rollover tenor Months This indicates the number of months in the rollover tenor Days This indicates the number of days in the rollover tenor The tenor should be specified within the minimum and maximum tenor limits maintained at the account class level The tenor months cannot be greater than 11 months and if tenor months is specified the tenor days cannot be greater than 30 days The tenor is represented in terms of years months and days For example if the deposit tenor is 185 days it should be represented as 0 years 6 months and 5 days You need to specify the values in the appropriate fields Maturity Date The system defaults the maturity date from the default tenor from the account class However you can modify this date On this date the term deposit account gets Auto Rollover Check this field to automatically rollover the deposit you are maintaining You have to indicate Rollover Type on selecting this option Close on Maturity Check this box to close the term deposit account on maturity date and transfer the amount as per the pay out details maintained for the child TD Move Interest to Unclaimed Check this box to move the interest amount to the unclaimed GL mapped at the IC product in the accounting roles on grace period end date If you select this option you will need to c
89. the customer is created with address code details at customer maintenance screen Address code and address details are auto fetched For more information on the Address Code Maintenance screen refer to the section Maintaining Address Codes Details in the Core Services User Manual Address 1 4 If an address code is selected then the fields Address 2 to Address 4 are auto populated with the relevant address details mapped to the address code In this case the Address 1 field is the only field that can be modified If an address code is not selected in the address code field then specify the address of the customer PIN Code If an address code is selected in the Address Code field then the PIN code field will be auto populated with PIN code mapped to the address code However if an address code is not selected in the Address Code field then specify the PIN code of the address specified Location An address for a customer account is based on the Location and Media combination Location codes maintained through the Account Address Location Type Maintenance screen are made available against this field Select the appropriate one The address maintained here is always the primary or the default address Each customer can have several addresses for a particular media To distinguish between one address of a customer from another for a given media it is essential for you to specify a uniq
90. the min max limits at deposit cluster level and account class level If the top up amount crosses the maximum booking amount for the deposit currency then the top up is not allowed The top up amount is validated against the top up units specified for each Ccy at account class The top up amount is validated against the top up units specified for each Ccy at account class If top up is not in multiples of top up units system displays the following error message Top Up amount should be given in the Multiples of for Top Up units The rate pick up happens on top up based on the interest rate option defined for top up at account class The rate will be applicable from the value date of top up The funding of top up amount can be through multiple modes such as Account GL and cash and its combination When Top Up is done to a notice account no value will be displayed to Maturity Amount and Deposit Tenor fields You can top up a TD using the Top up of Term Deposit screen You can invoke this screen by typing STDTDTOP in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Bl ORACLE Top Up of Term Deposit E New enter query Account Number Account Branch Currency Top Up Reference Number Account Description Customer No Customer Name urrent Deposit Details Deposit Tenor Interest Start Date Principal Balance Maturitv Amount Maturitv Date Top Up Details
91. the month but the tenor is in Months and Days 942 ORACLE Note For month end maturing deposits holiday movement and movement across months is not applicable During rollover the deposit maturity date will be the last day of the month and if it is a holiday as per the applicable holiday calendar then the maturity date movement is not applicable for month end maturing deposits High Value Deposits Check this box to indicate that the banks can identify high value deposits for which interest calculation on redemption can be set up differently compared to normal deposits There is no validation associated with this check box and IC rule set up However you need to validate associated with this check box e Check box Top Up Allowed is always unchecked e Check box Rate Chart Allowed should be checked e Interest Rate for Redeemed Amount should be selected as Continue Existing Rate The system will display an error message if the above conditions are not met If a high value deposit account class is attached at the product level then payment method can not be Discounted Negotiable Certificate of Deposit Check this box to indicate that the deposit is a Negotiable Certificate of Deposit NCD The NCD is a transferable deposit i e transferable from one customer number to another any time during the lifecycle of the deposit If you select this check box the following check boxes will be disa
92. to invoke the detailed screen Specifying Deposit Instructions You can give instructions for processing auto created deposits The values you specify here will override the parameters you have maintained in the Account Class maintenance Invoke the Term Deposits Instruction Maintenance screen from the Application Browser to maintain the deposits instructions specifically for the auto created deposits Type ICDINSMT Fa ORACLE in the field at the top right corner of the Application tool bar and click the adjoining arrow button KA Term Deposits Instruction Maintenance Account Number Branch Code Account Class Sequence Number Customer Account Currency Code Sweep Branch Deposit Account Class Sweep To Account Deposit Currency Amount Years Minimum Required Balance Months Source Code Days External Reference Number Sweep Multiple Of Retry Till Date Start Date Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can set the terms and a condition for a deposit as follows Account Number Specifv the account number of the term deposit The adjoining option list displavs all valid TD accounts maintained in the system You can select the appropriate one Account Class The system defaults account class of the CASA account Customer The system defaults the customer of the CASA account Sweep Branch Specify the branch where the sw
93. valid channel Ids maintained in the system You can choose the appropriate one Currency Specify the Ccy for which the min max top up units to be defined The list displays all the active Ccy s maintained Min amount Specify the minimum amount for which deposit should be created under this account class If the TD account is booked below the minimum amount then the system displays an error message as Deposit amount is less than the minimum amount at account class Max amount Specify the maximum amount for which deposit can be created under this account class The system will display a configurable override if the deposit amount contravenes the specified amount range or if the maximum amount is not specified Top up Units Specify the top up units for each ccy The top up has to be made only in multiples of these units specified for each Ccy if not an error message Top up should be in multiples of top up units will be displayed on top up a ORACLE Holiday Treatment Holiday Calendar Select the holiday calendar applicable to the account class from the adjoining drop down list This list displays the following values e Ignore Select this option to ignore all other holiday parameters for the account class By default this option is selected e Branch Holiday calender will be based on the branch holiday maintenance of the respective branch e Currency Holiday calendar will be based on the currency maintenance
94. will be based on cumulative amount or not System defaults this box based on the Account Class however you can modify this Continue Variance on Rollover Check box to confirm whether variance on rollover will be continued or not System defaults this box based on the Account Class however you can modify this Click Compute button to calculate the Deposit Details After Rollover and Liquidation Details 8 85 ORACLE Deposit Details After Rollover View the following details Term Deposit Amount System displays the term deposit amount based on the Rollover Type selected This amount will be taken as the principal amount for rollover calculations Interest Rate System displays the interest rate applicable for the deposit based on product amount tenor as on maturity date of the existing deposit Interest Earnings System displays the total interest that will be earned by the deposit during the rollover tenor Tax Deductions System displays the applicable percentage of tax that will be deducted from the total interest during the term of deposit mentioned for rollover Maturity Amount System displays the maturity amount of the deposit after the rollover term i e Rollover Principal Interest earned after deducting tax Annual Percentage Yield System displays the annual percentage yield for the applicable interest rate for rollover Interest Liquidation Details You can view the following Date S
95. 13 EOD The grace period counter is 1 till the start of July 14 EOD The TD can be renewed post maturity for Principal Interest as defined above till the grace period 1 day is over Hence the renewal of deposit is possible till EOD starts on maturity date 1 i e till July 14 2010 But the maturity date will be taken as the value date for renewal i e July 13 2010 On maturity date grace period count 0 renewal is possible and value date of TD will be July 13 2010 On July 14 2010 grace period count 1 renewal is possible and value date will still be July 13 2010 In case renewal is not done within the grace period on lapse of the grace period both the principal and interest will be moved to Unclaimed Principal and Unclaimed Interest Misc GLs respectively with an instrument code reference number for reconciliation This takes place during the End of Day process of the last day of the grace i e on Jul 14 2010 EOD July 15 2010 onwards grace period is over the principal and interest can be debited from the Miscellaneous GLs using the reference number instrument code No renewal is possible beyond this date Closing TD by Payout to Loan Account If you select Payout Type as Loan Account at term Deposits Redemption Input level then the system credits the payout amount and automatically initiates liquidation event The components of the loan which are due on the payout date are liquidated
96. 6 18 6 4 3 Cheque DD Details Tab 6 19 6 4 4 Counter Party Details Tab nanna 6 20 6 4 5 Capturing Interest Details nanna 6 22 0 4 6 IMOS TA is is ini ki A eae aa 6 23 64T Deposit TAD siti isib ii b od bu a a a bi Saatambbla a 6 25 6 4 8 Authorizing Transaction mnn nr nnann rna rna 6 30 6 5 Viewing TD Redemption Details nn rna 6 31 6 6 Premature Redemption of Top up Deposit 6 32 6 7 Premature Redemption of Rate Chart Allowed TD 6 32 6 7 1 Rate Pick up and Interest Recalculation for the Redemption Amount 6 32 6 7 2 Rate Pick up and Interest Recalculation for the Remaining Principal 6 33 6 7 3 Recovering Paid Interest from the Redemption Amount mm 6 33 6 8 Generating or Printing a TD Certificate nn 6 34 6 8 1 Capturing Regular Deposit Details 6 35 6 8 2 Capturing Denominated Certificates Details 6 37 6 8 3 Certificate Re denomination nanna ena 6 39 6 95 Closing A TID ii nhac f l i a g At HA Ir L 6 39 6 10 Transferring to Unclaimed Deposit on Maturity sse nnennneenenzznnznnnna 6 39 6 10 1 Moving Principal and Interest to Unclaimed GLS en 6 40 6 11 Closing TD by Payout to Loan Account eennnnnnzzznnennnnznnenannnnznnnna 6 40 6 12 Viewing TD Execution Log ee iieiea a eied 6 41 GAl SIMUlAtING TID ski iii ern vd ta a ina a a dad adita het dd cabigediedhavtecendaadt ees 6 41 6 13 1 Generating and Viewing Account Certifi
97. 8 ORACLE e Currency e Waiver Note The following maintenances are necessary for the online charge calculation Create an RT product Map the RT product to the ARC maintenance screen Maintain the combination in Online Charge Product Maintenance screen 10 20 2 Combined Statement Generation Report You can generate Combined Statement Report using Combined Statement Report screen You can invoke this screen by typing RPRCNDLG in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Combined Statement Report CustomerNo 104006173 StatementID 6173 CL Report Format PDF Printer At Client Report Output Print x Printer Customer No The system displays the customer number Statement ID The system displays the statement ID Contents of the Report The parameters specified while generating the report are printed at the beginning of the report Other content displayed in the report is as follows Header The following details are displayed in the header section Field Name Field Description Report Name Indicates Report Name Branch Code Branch Name Indicates Current Branch code and Branch Name 19 39 ORACLE User ID Indicates the Identification of the User Branch Date Indicates the date of Branch in which report is taken Page No Displays Page No out of total No of pages in
98. After the simulation is completed you can top up a deposit using the same parameters as entered during simulation The top up simulation can be back dated but in the Top Up deposit screen back value dated is allowed only up to the value date of the last financial transaction on the deposit account The applicable financial transactions are pay in interest liquidation redemption maturity rollover and top up of funds Simulating TD Redemption You can simulate the partial redemption as well as full redemption for the existing TD accounts using Redemption Simulation screen To invoke this screen type ICDRDSIM in the field at the top right corner of the Application tool bar and click the adjoining arrow button Redemption Simutation Screen mn AG BD new Ss Enter Query Existing Deposit Details Term Deposit Account Account Description Number Customer 1D Customer Name Branch Code Principal Amount Account Open Date Tenor Years Months Account Currency Account Balance interest Rate interest Paid Out Tax Collected ays Maturity Date Maturity Amount m Redemption Details Redemption Execution Date Redemption Mode Partal Redemption Redemption Amount Payment Details of Redemption Interest Rate Total Interest Penalty Amount Tax Amount Net Interest Net Payable Amount Deposit Details After Redemption Term Deposit Amount Interest Rate interest Earnings Tax Deduction
99. Amount _MATAMTWORDS _ Maturity Amount in words _CCY_ Maturity amount currency _MDATE_ Maturity Date _INTPAIDOUT _ Interest paid out as on simulation date _INTPAIDOUTWORD_ Interest paid out amount in words Beis ORACLE 8 5 9 Advice Tag Description _TAXCOLL_ Amount of tax collected as on top up date _SPLCCY_ Tax Amount currency _TAXAMTWORDS _ Tax amount in words _TDATE_ TD Booking date _TOPUPDATE _ Date of top up _TOPUPAMT_ Amount of top up _CCY_ Top up Currency _TOPUPAMTWORD Top up amount in words _BALTERMDEPAMT _ Amount of Term Deposit after top up _BALTERMDE Term deposit amount in words PAMTWORD_ _XRATE_ Applicable Rate _APY_ Annual Percentage yield _NEWINTAMT _ Interest Amount _SPLCCY_ Interest Amount currency _NEWINTAMTWORD Interest Amount in words _TAXAMT Tax Amount _SPLCCY_ Tax Amount Currency _TAXAMTWORDS _ Tax Amount in words _NEWMATAMT _ Maturity Amount _NEWMATAMTWORDS __ Maturity Amount in words _CCY_ Maturity amount currency _INTCUM__ Interest Rate Based on Cumulative Amount _BASEAMT_ Base Amount for Arriving at Interest Rate TD Redemption Simulation Advice This advice will be generated for simulation of TD redemption A message type TD RED SIM will be used Advice Tag Description _BRANCHCODE _ Code of the branch where Account is to be held _ BRNAME_ Name of the branch where
100. D Full Balance Listing Report nn nanna anna 10 3 10 3 1 Contents of the Report 10 4 10 4 Farge FD Repo i R E A AA A deen echoes ones OAA A 10 5 10 4 1 Contents of the Report 10 6 10 5 Deposit Detail Summary by Total Amount Report senza 10 7 10 5 1 Contents of the Report 10 8 11 10 6 Interest Paid Report 10 9 10 6 1 Contents of the Report 10 10 10 7 TD Statement of Accounts Report 10 11 10 7 1 Contents of the Report 10 12 10 8 TD Account Class Summary Report eennnnnnnnnenannnnnnnnannmnn na 10 13 10 8 1 Contents of the Report 10 14 10 9 Term Deposits Opened for the Period Report see 10 14 10 9 1 Contents of the Report 10 15 10 10 Term Deposits Closed for the Period Report 10 17 10 10 1 Contents Of the Report 10 18 10 11 Term Deposits Account Renewed Report 10 19 10 11 1 Contents Of the Report 10 20 10 12 Term Deposits Account Maturity Report 10 21 10 12 1 Contents Of the Report 10 22 10 13 Term Deposit Account Maturity Date Change Report nn 10 23 10 13 1 Contents of the Report 10 24 10 14 TD Account Maturity Date Falling on a Holiday Report 10 25 10 14 1 Contents Of the Report 10 27 10 15 TD Account Maturity Date not Adjusted Report eee 10 28 10 15 1 Contents Of the Report 10 29 10 16 Customer wise Tax Deduction Report 10 30 10 16 1 Contents Of the Report 10 30 10 17 Term Deposits Exceeding Lien Limits Report 10 32 10 17 1 Contents Of the Report 10 32
101. D OVERDUE DAVS e VEAR 78 ORACLE Note SDE for penalty calculation RD OVERDUE DAVS and RD_INSTALL_DUE should consider Installment Basis to derive overdue days and the installment amount due UDE Maintain the following UDEs e TD1 e OVERDUE PENALTV e TAX RATE Tvpe For each of the UDEs select the option Rate from the adjoining drop down list Get Latest For each of the UDEs select the option Use Effective from the adjoining drop down list Click Formulas button and invoke the Formulas screen You need to maintain two booked formulae and one tax formula Formula 1 Specify the following details Book Flag Select Booked from the adjoining drop down list Debit Credit Select Credit from the adjoining drop down list Days in a Month Select 30 Days from the adjoining drop down list Days in a Year Select 360 from the adjoining drop down list Accrual Required Check this box Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen Specify the following expressions Case Result DLY_NET_VD_BAL gt 0 DLY_NET_VD_BAL DAYS TD_1 100 YEAR Formula 2 Specify the following details a ORACLE 9 2 4 Book Flag Select Booked from the adjoining drop down list Debit Credit Select Debit from the adjoining drop down list Days in a Month Select
102. DAB The formula number is 2 for example debit interest posting against income GL defined for formula 2 You should select the appropriate accounting role on the Role to Head Mapping screen for every product Note that TDAA BOOK X represents the settlement account where the amount is credited or debited against P L account This role cannot be attached to any GL on the Role to Head Mapping screen It is used while maintaining event wise accounting entries Sample accounting role for IC Rule ID like AP01 are given below e APOT ACCR 1 e AP01 ACQUIRED 1 e APOT ACR ADJ 1 e AP01 BOOK 1 e AP01 BOOK 2 e AP01 BOOK 3 e APOT PNL ADJ 1 e APOT PNL ADJ 2 e APOT PNL 1 e APOT PNL 2 e APOT TPBL ADJ 3 e APO1 TPBL 3 e APOZ ACCR 1 ki ORACLE AP02 ACQUIRED 1 APOZ ACR ADJ 1 AP02 BOOK 1 AP02 BOOK 2 AP02 BOOK 3 AP02 PNL_ADJ 1 AP02 PNL_ADJ 2 APOZ PNL 1 AP02 PNL 2 AP02 TPBL_ADJ 3 AP02 TPBL 3 INT BOOK INT LIQD PRINC BOOK PRINC LIQD RC02 ACCR 1 RC02 ACQUIRED 1 RCOZ ACR ADJ 1 RCOZ BOOK 1 RCOZ BOOK 2 RC02 BOOK 3 RC02 PNL_ADJ 1 RC02 PNL_ADJ 2 RCOZ PNL 1 RC02 PNL 2 RCOZ TPBL ADJ 3 RC02 TPBL 3 TDACCOUNT TDOFFSE0054 TDRD ACCR 1 TDRD ACQUIRED 1 TDRD ACR ADJ 1 TDRD BOOK 1 TDRD BOOK 2 TDRD BOOK 3 TDRD PNL ADJ 1 TDRD PNL ADJ 2 TDRD PNL 1 TDRD PNL 2 TDRD TPBL ADJ 3 TDRD TPBL 3 INT UNCLAIMED MAT UNCLAIMED PRN UNCLAIMED ORACLE 8 5 8 5 1 e CCYCH INT CONSOL TD Advices The following list co
103. Execution Status e Error Reason e Deposit Number e Maturity Date 6 13 Simulating TD Oracle FLEXCUBE allows you to simulate a TD account in order to enhance sales and services to new and existing customers You can also provide the customer a certificate with all the details of account This certificate is generated with a pre printed number 641 ORACLE You can simulate an account for a customer using the Customer Accounts Simulation screen The details of a account can be entered in this screen and a printed certificate of the account can be obtained by using this screen To invoke this screen type STDSCSAC in the field at the top right corner of the Application tool bar and click the adjoining arrow button Term Deposit Simulation E New Enter Query Branch Account Currency Account Number Account Class Customer Description Customer Name Status FirstNominees _ Document Number Second Nominees Account Open Date Media Type Single Clearing Bank Code Joint Clearing Account Number Alternate Account Number In this screen you can input all the details of the deposit account A term deposit account is simulated based on all the information you provide in the screen above You can also view and generate the details of the term deposit account certificate of the account Additionally you can view the details of interest charges and amounts for the simulated TD account
104. Interest Amount This will show interest amount on the maturity date Maturity Amount This displays the maturity amount as per new calculation Product Code This indicates the Account Class code of the TD account Deposit Currency This indicates the currency under which TD is opened Currency Total This indicates the Currency wise total for deposit amount Inter est Payable and Maturity Amount Close on Maturity This will show whether TD will be closed on maturity Auto Rollover This will show whether TD will be automatically rolled over Interest Rate This displays the interest rate of the account Stock Catalog Cd This displays Stock Catalog Code for the TD certificate number Certificate No This indicates the certificate number Duplicate Issue This indicates N based on the duplicate certificate issued for TD account Interest Rate Based on Cumulative Amount This indicates whether the interest rate for the deposit is arrived using cumulative amount or not 10 16 ORACLE 10 10 Term Deposits Closed for the Period Report This report list the term deposit accounts which are closed You can generate this report using TD Account Closed Report screen by typing TDRCLOSE in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button TD Account Closed Report Branch Code Branch Name Cu
105. Interest Charge Booking Account You can select the account from this list Interest Charge will be liquidated into the selected account Consolidated Charge Branch Select the charge booking branch from the option list available You have an option of booking interest charge to a different account belonging to another branch The accounts maintained in the selected booking branch are available in the option list provided The system liquidates the Interest Charge into the selected account Product Code Specify the product code UDE Currency Specify the UDE currency for the product that you apply on the account UDE values that you specify for the account subsequently will be taken to be in this currency Generate UDE Change Advice Check this box to generate the UDE change advice Waive Charge This box is unchecked by default However you cannot waive charge on a TD Leave this box unchecked Open Check this box to make the product applicable again More than one product may be applicable on an account class at the same time You can temporarily stop applying a product on an account class by closing it You can achieve this by un checking the box Open The product will cease to be applied on the account class Continue Variance on Rollover This is defaulted based on the Interest and Charges product However you can modify this If you have modified this then during save the system will prompt that Continue variance
106. Maturity Amount after Rollover The example below shows how the interest rate and maturity amount are calculated after term deposit rollover Condition Formula DEPOSIT_AMOUNT gt 0 DEPOSIT_AMOUNT DAYS INT_RATE 100 YEAR Deposit Amount 10000 USD Deposit Booking Date 01 Jan 2011 Tenor 180 Days Interest Rate 9 aus ORACLE 9 2 4 3 Interest Amount 10000 9 180 365 100 443 84 USD Rollover Date 30 Jun 2011 After Rollover Deposit amount 10443 84 USD Interest rate 9 25 Interest amount 10443 84 9 25 180 365 100 476 41 USD Formula for Interest Waive Based on the WAIVE_INTEREST SDE a new formula will be created in the IC Rule Definition screen for Interest Waiver Condition Formula DEPOSIT AMOUNT 20 AND WAIVE_INTEREST 0 DEPOSIT_AMOUNT DAYS INT_RATE 100 YEAR The example below explains how the interest that is to be paid out to the account holder will be waived off during redemption Deposit account opening date 01 Jan 2011 Accrual frequency is daily The liquidation is at maturity Deposit amount 10000 USD Tenor 365 Days Interest rate 9 Maturity date 31 Dec 2011 Redemption date 15 Dec 2011 Computed interest amount till redemption date 858 08 USD Computed interest amount 900 USD During Redemption when the Waive Interest is set to Y Redemption date 15 De
107. Months This indicates the number of months in the deposit tenor Days This indicates the number of days in the deposit tenor Original Tenor This indicates the original tenor of the deposit The system displays the default tenor or the tenor specified for account which is arrived before the holiday movement You can view the original tenor in terms of years months and days For example if the deposit tenor is 185 days it is represented as 0 years 6 months and 5 days Years This indicates the number of years in the original tenor Months This indicates the number of months in the original tenor Days This indicates the number of days in the original tenor Rollover Type Indicate the components that should be rolled over by choosing one of the following options e Principal If you select this option then the system will roll over the principal amount alone on TD maturity date or end of the grace period If a CASA account is specified as the interest booking account interest will be liquidated to that account However if the interest booking account is given as TD account then it is mandatory to specify the interest payout account On interest liquidation cycle the interest will be booked on the TD and paid out to the interest payout account On maturity date the interest amount os ORACLE will be first liquidated to the TD account and then settled as per the pay out details maintained for the TD account Thus the p
108. NOID Denomination id of the certificate _CDENOVAL _ Denomination of the certificate ORACLE 8 5 5 1 8 5 5 2 Tag Description _CDENOUNIT_ The unit of denomination _CSTATUS_ The current status of the certificate Dormant Advice Tags The following list contains details of the advices that are applicable to the Dormant Account Advice you can process at your bank Advice Tag Description _DAT DORM __ Date on which the account is marked as Dormant _DORMBAL __ Amount in LCY as on the date of Dormancy The amount credited to Dormancy GL _DORMCCY_ LCY The currency of the Dormancy GL RD Advice Tags The following list contains details of the advice tags that are applicable to the RD account which you can process at your bank for the advice RD INSTALL ADJ installment date updated due to holiday Advice Tag Description _BRANCH_ Code of the branch where TD is held _BRANCHNAME _ Name of the branch where TD is held _BRNADD1_ Branch address line 1 _BRNADD2_ Branch address line 2 _BRNADD3_ Branch address line 3 _REF_ RD Account Number _CUSTID_ CIF ID _CUSTNAME _ Customer name _ADD1_ Customer address line 1 _ADD2_ Customer address line 2 _ADD3_ Customer address line 3 _ADD4_ Customer address line 4 _CCY_ Currency of Recurring Deposit _DEPTTENOR_ Recurring Deposit Tenor _MATDATE_ Maturity Dat
109. Number Branch Code Account Description Account Currency Term Deposit Amount Regular Deposit Denominated Certificates Stock Catalog Code No of Advices Generated Certificate Number Rollover Issue Mark As Duplicate Auto Generate Certificate No Generate Stock Catalog Code Select the stock catalog code from the adjoining option list The list displays active stock catalog codes for the TD Certificate instrument type Certificate Number Specify the Certificate Number if the Auto Generate Certificate Number is not checked System defaults the Certificate Number if Auto Generate Certificate Number is checked Note If the Auto Generate Certificate Number is checked then the existing Generate button will be used to fetch the next Certificate Number from the inventory maintenance based on the selected Stock Catalog Code for the TD Certificate instrument type If Auto Generate Certificate Number is not checked then you have to enter the certificate number System validates whether the certificate number is valid or not based on the selected stock code If the entered certificate number is already in use then the system displays an error message No of Advice Generated The system displays the advice number being generated automatically when each certificate is generated On rollover of Term deposit this field will be updated as zero Rollover Issue Check this box if the certificate is generated for a rolled over term deposi
110. OZ BOOK 1 ILIQ Credit AP02 BOOK 3 TAX_ADJ Debit AP02 TPBL 3 TAX Credit AP02 BOOK 3 TAX Debit AP02 PNL 2 ILIQ Credit AP02 BOOK 2 ILIQ Debit AP02 TPBL_ADJ 3 TAX_ADJ Credit 8 6 2 4 IMAT Interest Maturity Accounting Entries Accounting Role Amount Tag Dr Cr Indicator INT LIQD IMAT Debit INT BOOK IMAT Credit PRINC LIQD PMAT Debit PRINC BOOK PMAT Credit 8 6 3 TD with Rate Chart Allowed You can set up event wise accounting entries and advices for the product as suggested below Sample accounting entries for IC Product with Rule ID RCO2 are given below eee ORACLE 8 6 3 1DEBK Book Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDACCOUNT TD PRINC Credit TDOFFSET TD PRINC Debit 8 6 3 1 IACR Interest Accrual Accounting Entries Accounting Role Amount Tag Dr Cr Indicator RCOZ PNL 1 IACR Debit RCOZ ACCR 1 IACR Credit RCOZ PNL ADJ 1 IACR ADJ Debit RC02 ACR_ADJ 1 IACR ADJ Credit 8 6 3 2 ILIQ Interest Liquidation Accounting Entries Accounting Role Amount Tag Dr Cr Indicator RC02 BOOK 2 ILIQ Debit RCOZ BOOK 1 IACQUIRED Credit RCOZ ACQUIRED 1 IACQUIRED Debit RCOZ BOOK 2 IACQUIRED Credit RCOZ PNL ADJ 2 IACQUIRED Debit RCOZ PNL 2 ILIQ Credit RC02 BOOK 3 TAX_ADJ Debit RC02 BOOK 3 TAX Credit RC02 TPBL_ADJ 3 TAX_ADJ Debit RCOZ BOOK 1 ILIQ Credit RCOZ ACCR 1 ILIQ Debit RC02 TPBL 3 TAX Credit 8 23
111. Quick Customer Addition STDCIFAD screens will be defaulted to Deposit Account Booking screen during TD opening however you can amend it You can maintain address details of the customer in Kanji and Katakana format by clicking on Additional Scripts button in Deposit Account Booking screen Additional Scripts Kanji Katakana Address1 1 C 25 Vishal Society Addressi 2 B 10 Bharat Nagar Address 2 NGRoad Address 2 VP Road Address3 Mumbai Address3 Mumbai Address4 Maharashtra Address 4 Maharashtra Pin Code 400028 Pin Code 400017 County 91 County 91 You need to specify the following details Kanji Details Address 1 4 If an address code is selected in the Address Code field under the Account Details section of the Main tab then the fields Address 2 to Address 4 are auto populated with the address details mapped to the address code The field Address 1 is the only field that can be modified The address details as maintained in Kanji script in the Address Code Maintenance STDADMNT screen are populated here For more information on the Address Code Maintenance screen refer to the section Maintaining Address Codes Details in the Core Services User Manual If an address code is not selected in the Address Code field then specify the address details of the customer os ORACLE 5 6 2 Pin Code If an address code is selected in the Address Code
112. RACLE Trn Int Dt The system displays the transaction Initiation date of transaction of the account being queried Related Account The system displays the related account of transaction of the account being queried Auth Stat The system displays the authorization status of transaction of the account being queried User ID The system displays the user Id of transaction of the account being queried Accrual You can view the accrual details Event The system displays the event of transaction of the account being queried Description The system displays the description of the transaction i e the description of the transaction code Branch The system displays the account branch of transaction of the account being queried Account Number The system displays the account number being queried Dr Cr The system displays the Dr Cr Indicator of transaction of the account being queried Fcv Amount The system displays the foreign currency amount of transaction of the account being queried Lcv Amount The system displays the local currency amount of transaction of the account being queried Transaction Date The system displays the transaction date of transaction of the account being queried Value Date The system displays the value date of the transaction Trn Int Dt The system displays the transaction Initiation date of transaction of the account being queried Related Account The system displays the related account of t
113. RateCode Variance G52 ORACLE 6 15 You can define the interest and charge related details associated with the customer s deposit account For more information on specifying Interest details for TD refer to the section Specifying Interest Details in the chapter TD Additional Details in this User Manual Simulating TD Rollover You can initiate to simulate the term deposit renewal for existing TD accounts using Rollover Simulation screen To invoke this screen type ICDREDRN in the field at the top right corner of the Application tool bar and click the adjoining arrow button Renewal Simulation Screen DI New amp Enter Query xisting Deposit Details Term Deposit Account x IN si Account Description Number Customer ID Customer Name Branch Code Account Currency Principal Amount a ae mid Account Balance ccoun n Date me a Interest Rate Tenor Years Interest Paid Out Months Tax Collected Days Maturity Date Maturity Amount Renewal Details Deposit Details After Renewal Renewal Type Principal Term Deposit Amount Special Amount Interest Rate interest interest Earnings Principal interest Renewal Amount Tax Deductions Maturitv Amount Tenor Vears APV Months Days Maturity Date Interest Rate Based on Cumulative Amount Continue Variance on Rollover Interest Liquidation Details 101 Date Interestamount Principal Balance a Clear View Print Advice
114. Renew Deposit The rollover simulation can be done on any date before the maturity date of the deposit but only the matured and unclaimed deposits which are in a grace period can be renewed using the Rollover Simulation screen If the user instructs to renew the deposit before the maturity date from simulation screen then the system displays an error message as Only matured accounts can be renewed Specify the following details gag ORACLE Existing Deposit Details Account Number Specify the existing term deposit account number The adjoining option list displays all the account numbers for which the top up is allowed at the account class level Select the appropriate one Click the P button The system validates the account number and defaults the following fields Account Description System displays the description of the account Account Branch The system displays the branch code in which the account is maintained on click of New button By default the current branch code is displayed Custom Number The system displays the customer number Customer Name System displays the customer name based on the customer Id Account Currency System displays the currency of term deposit account Current Deposit Details Account Open Date The system displays the date on which the existing deposit is opened Principal Balance The system displays the principal balance of deposit The principal amount
115. SA RATE REDM Booked FACTOR RATE RATE BANK_RATE RATE TENOR REDM_DAYS REDM DAVSJ 2 1 1 AND REDM DAVS lt gt 0 LEAST Non REDM FACTOR RATE Booked RATE BANK_RATE RATE TENOR REDM_ DAYS REDM_DAYS RVSD_RATE REDM_PER CENTAGE 3 a IF REDEM 0 a DEPOSIT_AMOUNT Booked b IF REDEM 1 8 MONTHS _ aoe 100 FROM_START lt 1 t Optional IF REDEMEi Pe MEEPOSIT AMOUNT DAYS FORMULA 100 MONTHS_FROM_START gt 0 VEAR c DEPOSIT_AMOUNT DAYS FORMULA2 100 YEAR 4 FORMULA3 gt 0 FORMULAS TAX RATE Tax For 100 mula 9 5 2 Premature Redemption Interest Payment Methods The interest payable for premature redemptions in part or full is decided after comparing the redemption proceeds payable using each of the following methods e CASA Interest Rate e Percentage of Contracted Rate e Bank Determined Rate Method e Percentage of Revised Rate Method The set up for each of the methods and the additional elements are explained below 24 ORACLE 9 5 2 1 9 5 2 2 9 5 2 3 9 5 2 4 CASA Interest Rate A UDE Type RATE is used to define the CASA rate and the same is applied in one of the non booked credit interest formula Percentage of Contracted Rate Another non booked interest formula is defined which uses the interest rate to be applied on the redeemed amount as a percentage of the contracted rate
116. T Credit PRINC LIQD PMAT Debit PRINC BOOK PMAT Credit 8 6 5 5 ROLL Discounted Deposit Rollover Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDO1 BOOK 1 TD INT Credit INTPIA TD INT Debit TDO1 BOOK 3 TAX Debit TDO1 TPBL 3 TAX Credit 8 27 ORACLE 9 1 9 2 9 Annexure B IC Rule Set up Introduction This Annexure lists the Interest and Charge IC rules that need to be maintained for the TD module of Oracle FLEXCUBE It also gives the UDEs and rates for which values need to be maintained IC Rule Maintenance The components required to calculate interest the principal period and rate are broadly referred to as Data Elements Data elements are of two types e System Data Elements SDEs e User Data Elements UDEs In addition to specifying how the SDEs and UDEs are connected through the formulae you also define certain other attributes for a rule using the Interest and Charges Rule Maintenance screen You can invoke this screen by typing ICDRUMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button interest amp Charges Rule Maintenance E New amp Enter Query Rule ID Apply Interest Rule Description C On Account Opening Month Primary Element E On Account Closure Month ILM Parameters Integrated LM Integrated LM Type Svstem Elements User Elements 1 Of 1
117. TD module while processing interest applicable on a TD account Refer the chapter Floating Rate Codes for IC Module for details about rate maintenance Maintaining Post Maturity Interest PMI Once the deposit matures with maturity instruction as Move Principal P Interest I or Principal to Unclaimed GL a separate interest will be payable for the period the funds are available with the bank after maturity date This interest is nothing but Post Maturity Interest PMI You need to set the following details in order to maintain PMI IC Rule Set up to calculate PMI The following book formula needs to be maintained to calculate PMI interest e PMI RATE An UDE to the rate at which PMI is to be calculated e ROLL GRACE PERIOD A SDE to indicate whether rollover happens within the grace period This SDE will have default value of 0 for PMI accrual till rollover happens after grace days and hence will be used as additional condition in PMI formula This SDE will have a value 1 if rollover happens within grace days with the accrued PMI if any getting reversed e PMI_PERIOD A SDE will be used in formula conditions to identify whether PMI is applicable on the deposit PMI interest formula to be executed only after maturity of the deposit The normal interest formula should have additional condition like PMI_PERIOD 0 PMI formula will have condition as PMI_PERIOD 1 This SDE will have the value
118. TDs The adjoining option list displays all valid account classes maintained in the system You can select the appropriate one All TDs created under this account class will inherit the interest parameters as maintained in this screen aaa ORACLE Note that you should not link the same account class to multiple IC products One deposit account class should be linked only to one interest product Currency Specify the currency here You can book deposit accounts in the currency and account class combination specified at the IC product level The system defaults the interest product to account at the time of booking if the account class with the currency combination is linked to the IC product Special Condition Check this box to calculate interest If Special Condition is checked then the product is defaulted while booking the deposit account Note A TD account class should be linked and opted with Special Condition flag in atleast one product otherwise booking of TD will be restricted with the error message as follows Special Condition not maintained Rate Change on Interest Liquidation If the box Rate Chart Allowed has been checked for the account class then you should leave this box unchecked If this box is checked then on every interest liquidation new rates are picked up for interest calculation However you cannot modify this box once authorized Rate Change on Rollover Check this box to re pick up the rate activit
119. Term Deposit amount Principal amount Deposit Amount is considered as the transaction amount e Term Deposit Redemption The redemption amount will be considered as follows Full Redemption The deposit account balance as on redemption date will be considered for limit validation If there is any interest portion as part of the redemption transaction it will not be considered for limit validation Partial Redemption The redemption amount entered by the user for the partial redemption only be considered for the limit validation If there is any interest portion as part of the partial redemption transaction it will not be considered for limit validation e Recurring Deposit Opening Installment amount is considered as the transaction amount e Recurring Deposit Redemption The RD account balance as on date of redemption full will be considered for validation If there is any interest portion as part of redemption transaction will not be considered for validation e Top up Deposit For top up deposits only the top up amount is considered for limit validation e Manual renewal In case of manual renewal the total renewal amount is validated against the limit The role level limit control is applicable for the Term Recurring Deposit transactions made through the following screens e STDCUSTD Deposit Account Booking Sa ORACLE ICDREDMN Term Deposits Redemption Input Applicable only for Manual redemption
120. Term Deposits User Guide Oracle FLEXCUBE Universal Banking Release 12 0 87 1 0 November 2015 ORACLE Term Deposits 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 dangerous applications
121. This is the factor used to derive the Bonus Interest payable by multiplying with the maturity amount of the recurring deposits For example if the RD maturity amount is 10000 and the factor is 0 5 then the Bonus Interest payable is 10000 0 5 5000 In this case maturity amount of FCY Recurring Deposits will be multiplied by Bonus Factor and the resulting figure will be considered as the bonus payable in branch local currency Interest Expense GL Specify the Interest Expense GL value or select from the adjoining option list The specified Interest Expense GL is debited during Bonus Interest calculation on RD maturity Transaction Code Specify the transaction code which is used to create bonus interest transaction or select from the adjoining option list Once the Bonus Interest parameters are changed at account class the same will be applicable for the existing as well as new accounts Account Currency Change Allowed Check this box to allow account currency change for the accounts under the account class Premature Redemption Allowed Check this box to allow premature redemption for the accounts under the account class For account class with the check box Account currency change allowed checked and check box Premature Redemption Allowed unchecked The system does a validation for this during the save for the account class If the validation fails the system will display an error message as The premature redemption allowed
122. This refers to the type of statement to be generated periodically by the system for this account You can specify whether you want a detailed or summary statement or if you do not want a statement for this account at all Statement Account Specify the account for which the statement has to be generated The adjoining option list displays all valid accounts maintained in the system You can select the appropriate one Exclude Same Day Reversal trns from Stmt If you do not wish transactions booked and reversed on the same day to be reflected in the account statement you can specify the preference here This feature is applicable only for the customer account legs and not for the related GL legs Also reversals made through the DE module will not be considered for exclusion This specification is defaulted from the account class linked to the account You can change it for a specific account Specifying Joint Holder Details Click Joint Holders button on the Deposit Account Booking screen and invoke the Joint Holders screen Joint Holders Branch Account Number Customer No List of Joint Holders 1 Of 1 MI Customer No Customer Name Joint Holder Type Start Date End Date Customer Contact Person v Specifv the following details Account Number The svstem displavs the account number here Customer No The svstem displavs the customer account number ie ORACLE Branch Code The system di
123. Uncollected Unauthorized Debit Dr Credit Cr Uncollected Cr Opening Daily Turnover Dr Daily Turnover Cr Debit Dr Credit Cr Current LCY Accrued Interest Dr Accrued Interest Cr Interest Due Charge Due Last Transaction Date Debit Credit DR Activity CR Activity Unauthorized Tanked Dr Unauthorized Tanked Cr Unauthorized Tanked Uncollected Turnover Limit Details Current Period Currency Maximum Credit Turnover Allowed Deposited In Current Period Turnover ChangeLog The total available balance displayed by the system includes the initial funding amount and unutilized line amount in case the customer enjoys an OD limit You can also view the outstanding debit interest and or charges due on the account as on the current date You can also view the amount that can be withdrawn against uncollected funds on the account The system computes the allowable amount based on the Withdrawable Uncollected Funds Basis option specified in the Branch Parameters Preferences screen Unposted When this branch is under EOD processing the inter branch transactions that have originated from other branches are tanked The funds are made available automatically after BOD and till such time they are treated as unposted items Viewing Turnover Amounts In the Customer Account Turnover Amounts screen you can view the total turnover of this customer account from the first date of thi
124. a TD During interest liquidation on maturity for TDs the system derives the interest rate from the rate maintenance in LD MM Floating Rate Input screen based on tenor amount slab currency and effective date for a TD Calculating Interest Rate during Partial redemption of a TD Oracle FLEXCUBE performs calculation on partial redemption of the TD On partial redemption the system performs the following actions e It credits the redemption amount to customer payout account and debits from TD account e Itrecalculates the tenor for the redemption amount i e Reduced Tenor Completed tenor from the TD value date till the partial redemption date in months e Itrecalculates the interest for the previous periods including the current period Till partial redemption date by considering the redemption amount as the TD amount and on the reduced tenor e lt applies the interest based on the new reduced tenor The amount slab derived from the rate chart maintenance is Amount 1 e It recalculates the interest for the remaining amount from TD Start date till last liquidation period by considering the remaining amount as TD balance and on the original tenor of TD is Amount 2 e Incase of TD payouts the system calculates the interest amount paid to the customer till date which is Amount 3 e Ifthe interest for the previous periods is already paid to the customer then the system debits the customer with the difference
125. a message indicating that the transaction is restricted for the account Description The system displays the description for the product code that which you have specified Debit During transaction processing the system will validate whether any restrictions are placed on the account based on the product code If you have indicated to allow Dr Transactions for the product ABCD and attempt to post a debit entry the system will seek an override If the message has been configured as an override instead of an error you will be able to continue the transaction despite the restrictions by providing appropriate reasons for the same Otherwise you cannot continue with the transaction During maintenance or online operations in the respective contract screens for the restricted transactions when you specify the customer account the system checks whether the account is restricted for the product that has been selected or the debit credit transaction type If so an override is sought when such contracts are saved Credit During transaction processing the system will validate whether any restrictions are placed on the account based on the product code If you have indicated to allow Cr transactions for the product ABCD and attempt to post a credit entry the system will seek an override If the message has been configured as an override instead of an error you will be able to continue the transaction despite the
126. ab Deposit Preferences for Child TD Click Deposit tab to capture deposit related details of the child TD if you have opted for creation of a child TD on maturity of the parent TD a8 ORACLE The system defaults all the parameters maintained for the parent TD in this screen However you can modify them Term Deposit Interest Account Details A Deposit Tenor Account Class Tenor Rollover Tenor Account Class Tenor 3 Account Tenor Account Tenor Independent Tenor Independent Tenor Years Years LBL_DEPTENORMONTH Months Days Days Maturity Date Next Maturity Date Auto Rollover Rollover Type Principal Close on Maturity Principal Interest Move Interest to Unclaimed Special Amount Move Principal to Interest Unclaimed Rollover Amount Rollover Interest Rate Based on Cumulative Amount Term Deposit Payout Details 1 Of 1 a Payout Type Percentage Offset Branch Account Narrative Mm Account Payout Parameters You need to capture the following details here Deposit Tenor Select the deposit tenor type The following options are available e Account class tenor If you select this the system will default the default tenor from the account class This is represented in terms of days months and years You cannot edit it The system will not display the next maturity date as account class tenor is subject to change e Account tenor If you select this the system displays the origi
127. account Customer Name The system displays the customer name based on the account number selected Customer Name The system displays the customer name based on the customer Id Current Deposit Details Principal Balance The system displays the current principal amount of the deposit Interest Start Date The system displays the date from which the interest is applicable for this deposit Maturity Date The system displays the maturity date of the existing term deposit Maturity Amount The system displays the maturity amount of the term deposit Account Balance The system displays the current balance available in the deposit account Interest Rate The system displays the rate of interest of the current deposit Interest Paid Out The system displays the interest paid out till date in the term deposit account Tax Collected The system displays the amount of tax collected till date in the term deposit account Deposit Tenor Years The system displays the tenor of the existing deposit in years Months The system displays the tenor of the existing deposit in months Days The system displays the tenor of the existing deposit in days 8 89 ORACLE Top Up Term Deposit Value Date Specify the date on which top up will be made Simulation is allowed for the back date or for future date however when Top up button is clicked system will display an error that Future Dated Top Up is not Allowed Top U
128. account from which this auto deposit was created Account Currency Change Details Based on the account class the system will display the changed account currency details Account Currency Change Allowed The system defaults this check box from the account class For accounts with check box Account currency Change Allowed checked the SDE DLY_NET_VD_BAL will be used Currency Change Account The system auto generates the unique number for the deposit if the check box Account Currency Change Allowed is selected This will be a unique 10 digit running sequence number The logic of this account number creation will be M 9 digits where M is constant and the 9 digits will be a running sequence number Maturity Date The system defaults the maturity date from the default tenor from the account class However you can modify this date On this date the term deposit account gets liquidated Auto Rollover Check this box to automatically rollover the deposit you are maintaining You have to indicate Rollover Type on selecting this option The TD will be rolled over automatically on maturity date during beginning of day operations Close on Maturity Check this box to close the term deposit account on maturity date and transfer the amount as per the TD pay out details Note that for a recurring deposit you need to mandatorily check this box For a TD only one of the options Close on Maturity Auto Rollover or Move Int
129. action during calculation on Pre Closure of the TD e Itcredits the TD balance to customer payout account and debits from TD account e It calculate the completed tenor of TD e It calculates the interest rates for the amount slab and completed tenor from the rate chart maintenance e ltrecalculates the interest from TD start date including pre closure period by considering the redemption amount and reduced tenor Then the system debits the customer account with the difference between already liquidated amount and newly calculated amount till the previous period of pre closure e Itreverses pays the amount re calculated based on the revised interest rate for the current period at the time of preclosure e Close the TD Note Note the following The system picks the floating rates at the time of booking rollover and pre closure only The system does not post any separate accounting entries for Penalty Penalty is deducted only if it is maintained at IC rule level The redemption with BC PC and Child TD not allowed in case of account class of account having Rate Chart Allowed 3 8 5 Calculating Interest Rate Based on Cumulative Amount Oracle FLEXCUBE allows calculating interest rate of a new deposit using the cumulative amount of other active deposits under the same account class customer and currency To enable this you should check the box Interest Rate Based on Cumulative Amount at Account Clas
130. ally none Action Due to which the Status Change Reason Updated status is changed Automatically Change Cancelled Account not opened due to Pay in transaction unsuccessful unsuccessful pay in transaction Amount Amount Block to the deposit Hold description for the hold code will Blocked certificate be displayed Redeemed Redemption of the deposit Deposit Redeemed partial or full 5 47 ORACLE 5 15 1 5 16 Automatic Status Change Action Due to which the Status Change Reason Updated status is changed Automatically Cancelled Rollover of the deposit Deposit Rollover Issued Roll Cancel Amount Block removed over Issue Duplicate Re denomi nated For denominated deposits you can do both automatic and manual rollover including force rollover only on the entire principal portion During rollover there will be no automatic re issuance of certificates In case the certificate is required to be re issued after rollover the ICDBADHC screen will be used You can check the Rollover Issue box and then the status of the original certificate will be changed automatically to Cancelled and the status change reason will be updated as Deposit Rollover The status of the new certificate will be Rollover Issue You are not allowed to re denominate the certificate during the rollover issue Denomination Allocation Before allocation of the denom
131. andatorily specify this product if the Linked Currency is entered You will be allowed to capture this value here only if the option Dual CCY Deposit is checked at the Account Class Maintenance screen You will be allowed to modify this value even af ter authorization On saving the account system validates the following to ensure that the currency option product selected here has the below features e Contract type is Trade e Option Type is Call e Deal Type is Buy e Option Style is Plain Vanilla e Barrier is not allowed e Delivery type is Physical e Expiration Style is American Option Contract Reference The system displays here the reference number of Options contract that is being created while authorising the dual currency TD account Yield Enhancement Specify the additional yield percentage that the customer receives for agreeing on the currency Option This is the premium paid to the customer for investing in dual currency deposits Inception Fair Value Specify the market value of the option contract at inception This will be defaulted in the linked Options contract Linked Currency GL You can capture the GL used for posting the settlement entries in the linked currency The adjoining option list displays all valid GLs maintained in the system You can select the appropriate one 423 ORACLE 4 1 5 Check List Tab Click Check List tab on the Deposit Account Booking screen The follo
132. ange date During the online liquidation the relationship based variance for the source customer gets applied to the account Interest rate for the accounts gets modified from the customer change date for the target customer number with relationship based variances for interest rate If the customer change is done on the interest accrual or liquidation date then the interest accrual or liquidation gets done at BoD You can modify the interest and principal liquidation accounts while saving the customer change transaction a ORACLE 5 3 5 3 1 Specifving Charge Details Click Charges button on the Deposit Account Booking screen and invoke the Account level charges conditions screen Note that this screen is not applicable for Term Deposits Account level charges conditions Account Details Branch Account Default Product Details Product Code Description Currency Minimum Maximum Free Items 7 Waive Charges Open List of Slab Amounts 1 Of 1 m Slab Amount x Charge Amount You can specify the following details Branch Code The Branch Code to which the account belongs for which vou are defining special conditions is displaved in this field Account The Account number of customer for which vou are defining special conditions is displaved in this field You can click the Default button to default the Charge Products and the corresponding details applicable for the ac
133. are not maintained for a combination of pay in pay out modes the system will continue with the STANDARD MID rate If you try to change the applied exchange rate the system will display an error message e Any conversion due to sweep operation and auto deposits should also follow the rate configured at account class e If deposit currency and pay in currency are the same then the Applied Exchange Rate cannot have a value other than 1 i e for pay in pay out through cash and the same currency account instrument for account For other modes Applied exchange rate is not applicable and system will not take the value for the same 8 16 ORACLE 6 4 1 Capturing Denominated Deposit Certificate Details Click Denominated Deposit button on the Term Deposit Redemption Input screen and invoke the following screen Denominated Deposit Denominated Deposit Certificate Details V Select All 1 Of 1 Certificate Number Certificate Status Certificate Amount Redeem Total Amount of Redemption Number of Certificates Redeemed Specify the following details for denominated deposit certificate Select All Check this box to select all certificates for the account Certificate Number Select the certificate number from the option list The list displays all active certificates issued for the account Certificate Status This indicates the current sta
134. at the beginning of the report The report contains the following details Header The following details are displayed in the header section Field Name Field Description Customer Number Customer for whom the TD is opened Branch Code Current Branch Code Account Number TD Account number for which top up is made Report from Date The start date for generating the Report Report to Date The end date for generating the Report Body of the Report The following details are displayed as body of the generated report Field Name Field Description Deposit Account Number Indicates the TD Deposit account number Account Description Indicates the description of the TD Deposit account Customer Number Indicates the customer number Account Open Date Indicates the account opening date Top up Date Indicates the top up date of the account Top up Value Date Indicates the value date of the TD top up Top up Amount Indicates the account opening date Total Deposit Amount Indicates the total deposit amount Interest Rate Indicates the rate of interest 10 36 ORACLE Maturity Date Indicates the date of TD maturity Maturity Amount Indicates the TD amount on deposit maturity 10 20 Ad Hoc Combined Statement You can generate ad hoc combined statement through Ad Hoc Combined Statement screen You can invoke this screen by typing STDCDSMT in the f
135. ate 4 ia Input By Authorized By Date Time Date Time The floating interest rates are defined through this screen A Rate Code identifies a set of rates defined for a combination of Currency Amount Slab and Effective Date Also for each such combination you can maintain rates that can differ by each tenor The following details have to be captured here Rate Code and Description You can maintain new rate codes and also provide values for existing ones like MIBOR LIBOR etc For a new code you need to capture a unique id The id can include a maximum 10 alphanumeric characters Currency You have to associate each Rate Code with a currency You can define rates for the same Rate Code in different currencies Select a currency from the option list provided Effective Date Each rate that you define for a Rate Code and Currency combination should have an Effective Date associated with it This is the date on which the rate comes into effect Once a rate comes into effect it will be applicable till a rate with another Effective Date is given for the same Rate Code and Currency combination aag ORACLE 3 8 1 3 8 2 3 8 3 Borrow Lend Indicator For every Amount Slab Effective Date combination you should define the rate to be applied as a borrow rate a lend rate or a mid rate Borrow rates are applied for loans taken by the bank and lend rates applied on loans disbursed Tenor and Interest Rates
136. ated according to the ratios specified for each intermediary Maintaining Required Sweeps In this section you can enable Sweep In and Reverse Sweep In Enable Sweep in Check this box to enable sweep in Enable Reverse Sweep in Check this box to enable reverse sweep in You can check this box only if the Enable Sweep in check box is checked If the check box is checked without checking Enable Sweep in the system disable saving current account class creation and amendment of the account class Viewing Amounts and Dates You can view all financial details of this account along with the details of the previous debit or credit activities However access to all financial information of an account can be restricted for any user The financial details of an account include the account balance the uncleared debit and credit balances the debit and credit turnover and the interest details The turnover limit details of an account include the current financial period currency utilized and unutilized limit balances ORACLE 4 1 2 1 Click Amounts and dates button in the Deposit Account Booking screen Amounts And Dates Branch Account Opening Daily Turnover Dr Daily Turnover Cr Current ACY Uncollected Withdrawal Uncollected Funds Blocked Receivable Available Unutilized Amount Total Available Provision Amount Unauthorized Tanked Uncollected Debit Dr Credit Cr
137. ator INT LIQD IMAT Debit INT BOOK IMAT Credit PRINC LIQD PMAT Debit PRINC BOOK PMAT Credit Discounted Deposits You can set up event wise accounting entries and advices for the product as suggested below Sample accounting entries for IC Product with Rule ID TDO1 are given below The interest is paid upfront at the time of booking Note The IC rule defined for normal interest product should not be linked for discounted product Separate rule definition is needed for discounted deposits 8 25 ORACLE 8 6 5 1 8 6 5 2 8 6 5 3 DEBK Book Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDACCOUNT TD PRINC Credit TDOFFSET TD PRINC Debit TDO1 BOOK 1 TD INT Credit INTPIA TD INT Debit TDO1 BOOK 3 TAX Debit TDO1 TPBL 3 TAX Credit IACR Interest Accrual Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDO1 ACR ADJ 1 IACR ADJ Credit TDO1 PNL_ADJ 1 IACR_ADJ Debit TDO1 ACCR 1 IACR Credit TDO1 PNL 1 IACR Debit ILIQ Interest Liquidation Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDO1 BOOK 1 ILIQ ADJ Debit TDO1 ACCR 1 ILIQ ADJ Credit TDO1 BOOK 2 ILIQ Debit TDO1 PNL 2 ILIQ Credit 8 26 ORACLE 8 6 5 4 IMAT Interest Maturity Accounting Entries Accounting Role Amount Tag Dr Cr Indicator INT LIQD IMAT Debit INT BOOK IMA
138. b This tab is displayed by default You can specify the following details Calculation Account Specify the calculation amount of the child TD The adjoining option list displays all accounts maintained in the respective branch You can select the appropriate one Interest Start Date Indicate the date from which interest calculation should start using the adjoining calendar Interest Booking Account Specify the account to which interest should be booked You have an option of booking interest to a different account belonging to another branch The accounts maintained in the selected booking branch are available in the option list provided The system liquidates the interest into the selected account The interest booking account lists only CASA accounts and the TD account nos which is to be created Interest Booking Branch Specify the interest booking branch The adjoining option list displays all valid branch codes available in the system You can select the appropriate one Interest Statement Check this box to generate an interest statement for the account The interest statement will furnish the values of the SDEs and UDEs and the interest rule that applies on the account Dr Cr Advices Check this box to generate payment advices when interest liquidation happens on an account The advices are generated in the existing SWIFT or and MAIL format No advices will be generated if you leave this box unchecked Charge Booking Branch S
139. based on the liquidation order maintained for Loan Account If the redemption amount is greater than the due amount of the loan then the redemption will not be successful Note Note the following The maturity date of the payout loan account should be greater than the maturity date of the TD account Ifthe Payout Loan Account and the Term Deposit Account customers are different then the system displays an override message 640 ORACLE 6 12 Viewing TD Execution Log You can view the execution log of all TDs using the Term Deposits Execution Log Summary screen To invoke this screen type ICSEXELG in the field at the top right corner of the Application tool bar and click the adjoining arrow button CE Advanced Search A Reset Branch Code Account Currency Code Run Date Records perpage 15 First Previous 4 or 4 Next Last Branch Codej Account Currency Code Eventi Tenor Amount Run Date Execution Status JError Reasonj Deposit Number Maturitv Date Execution You can query on records based on any one or all of the following criteria e Branch Code e Account e Currency Code e Run Date Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Branch Code e Account e Currency Code e Event e Tenor e Amount e Run Date e
140. be any account number which is part of the Currency Change Account then the details of the account will be displayed Deposit Audit Trail Inquiry The following new audit trail Inquiry will be provided to query the Audit Trail details of TD and RD Accounts You can query the audit trail details of a TD and RD accounts using Customer Account TD Audit Trail screen To invoke this screen type ACDAUDTR in the field at the top right corner of the Application tool bar and click the adjoining arrow button Customer Account TD Audit Trail FF New Enter Query Branch Code Currency Account No Account Description Transaction From Date Account Class Transaction To Date Description Cheque Number Accounting Entries 1 Of 1 m Event Description Branch Account Number Foreign Currency Amount LCY Amat Description Branch Account Number Specify the following details Branch Code Specify the branch code of the account Account No Action ALL Foreign Currency Amount LCY Amat Specify the TD RD Account numbers of the branch The adjoining option list displays the list of all the valid TD RD account numbers maintained in the system You can choose the appropriate one Trn From Date Specify the transaction from date Trn To Date Specify the transaction to date Cheque Number Specify the cheque number issued for the transaction 6 75 ORACLE
141. be done any time before the maturity date i e in term of the deposit if there is no block duration defined The block duration before maturity date Days Months should not be greater than the max tenor at the account class Months Specify the number of months for which the term deposit top up has to be blocked before the account maturity date Days Specify the number of months for which the term deposit top up has to be blocked before the account maturity date Note The sum of block duration after opening date and block duration before maturity date should not be greater than the max tenor at account class If not system displays the error message Block duration cannot be greater than maximum tenor allowed Interest Rate Select the interest to be applied on the top up deposit from the adjoining drop down list The options available for selection are e Current Select this option to apply the current interest rate of the TD on the top up amount By default this option is selected e As on opening date Select this option to apply the interest rate based on the slab as on the value date of deposit opening If top up is made to a deposit after rollover the rate as on rollover date will be considered for rate pick up e As on top up value date Select this option to apply the interest rate based on the slab as on the value date of the top up Note For Rate Chart allowed TDs you can select any of the above
142. ber Account Description Indicates the description of the account number Account Branch Indicates the account branch of the deposit account Account Currency Indicates the currency of the deposit account Deposit Maturity Date Indicates the maturity date of the deposit account Pay In Pay Out Indicates if the exchange rate maintenance is done for Pay In or Pay Outs Original Exchange Rate Indicates the original exchange rate defaulted Applied Exchange Rate Indicates the applied exchange rate that was modified from original exchange rate by the user Variance Percentage Indicates the variance percentage for the rates 10 44 ORACLE 10 20 6 TD Currency Change Report You can generate TD Account Currency Change reports using Term Deposit Currency Change Report screen You can invoke the screen by typing STRACCH in the field at the top right corner of the Application tool bar and click on the adjoining arrow button 2 Term Deposit Currency Change Report Account Information Branch Code 000 175 Branch Name Branch 1 Account Number 00001231243234 i Account Description yz Currency Change Account M00001231243234 PH Transaction Information Transaction Date 2012 12 29 8 Duration From 2012 12 29 amp To 2012 12 29 amp Report Type Report Format POF Printer At Clients Repon Output Print Printer gt E You can specify the following parameters Branch Information Branch
143. ber Custor You can query records based on any one or all of the following criteria e Authorization Status e Record Status e Account Number e Account Branch Click Search button The system identifies all records matching the specified criteria and displays the following details for each one of them e Authorization Status e Record Status e Account Number e Account Branch e Account Currency e Customer Number e Customer Name Double click on a record to invoke the detailed screen for that record ae ORACLE 3 7 3 7 1 Setting Up Interest Preferences for TD You need to set up an Interest Charge product to handle the calculation of interest and charges on a TD You can invoke the Interest and Charges Product Maintenance screen by typing ICDPRMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button gt Interest amp Charges Product Maintenance E New E Enter Query Product Code Include For TDS Calc Product Description C Deposit Product Type 7 Tax Description Slogan Product Group Product Group Description Start Date End Date Remarks Billing Liquidation Charge Basis Description Booking Account Type Interest Rule Rule Description Accounting Roles Events Branch Customer Preferences Status Maintenance Maker Date Time Checker Date Time Mod No Record Status Authorization Status
144. bled e Allow Top up of Deposit e Recurring Deposit e Denominated Deposit e Dual Currency Deposit e Interest Rate Based on Cumulative Amount The interest liquidation of an NCD account should always be on maturity of the deposit that is the interest payout frequency for the interest product will always be on Maturity There will not be any restriction on the interest booking account to be different from the principal payout account Grace Period for Renewal Specify the grace period for renewing a TD Only if grace days are provided the TD can be renewed using the Term Deposit Redemption screen ICDREDMN or Renewal Simulation screen ICDREDRN upon maturity of the TD This option is applicable only for deposits whose interest and principal is moved to unclaimed GLs upon maturity If you check the Auto Rollover box or the Close on Maturity box the system will ignore the value that you specify here In other words grace period will not be applicable on the maturity date in case of auto rollover or closure of the account Closing the deposit and moving the proceedings to Unclaimed GL will be executed automatically during End of Day operations of the last day of the grace period If grace days is maintained as zero it will be executed on the End of Day operations of the Maturity date 18 ORACLE After the account has matured renewal of the TD is possible from the beginning of day BOD of the maturity date t
145. box to indicate that the account is in dormant status Stop IC The system defaults the value from the account class on marking the account as Dormant Dormancy Date The system defaults the dormancy date on which the account is marked as Dormant Dormancy Currency The system defaults the Local currency when the account is marked as Dormant and the balance is moved to dormancy GL Dormancy Balance The system defaults the Local currency equivalent when the account is marked as Dormant and the balance is moved to dormancy GL Payin Details The TD module allows you to fund a TD using multiple pay in modes viz e Pay in by transfer from GL In case of pay in through GL if the offset GL account is not specified the GL maintained at TD Payin Parameters STDTDPAY screen will be defaulted and used on save of TD e Pay in by transfer from Savings Account In case of pav in from savings account it is mandatory to specify the offset account If it is not specified the system displays an ats ORACLE error on saving the TD account If the pay in account specified is disallowed for the TD product then on saving the account the system displays an error message The account specified is debited and TD will be created e Pay in by Cheque In case of pay in by cheque the TD should be entirely funded by a single cheque Multimode combining multiple cheques or part payment by cheque and the rest by other modes
146. c 2011 Redemption type Full Redemption Waive interest flag Y PA ORACLE 9 2 4 4 Amount to be paid to the customer 10000 USD During Redemption when the Waive Interest is set to N Redemption date 15 Dec 2011 Redemption type Full Redemption Waive interest flag N Amount to be paid to the customer 10858 08 USD Formula for Principal and Interest Details The following formula will be used to calculate principal and interest amount during term deposit redemption Sample formula below Condition Formula DEPOSIT_AMOUNT gt 0 DEPOSIT_AMOUNT DAYS INT_RATE 100 YEAR Deposit account opening date 01 Jan 2011 Deposit amount 10000 USD Tenor 365 Days Interest rate 10 Interest payout frequency Monthly Maturity date 31 Dec 2011 Computed interest amount till maturity 1000 USD Maturity Amount 11000 USD Partial Redemption Redemption date 01 Jul 2011 Redemption type Partial Redemption Redemption Amount 5000 USD Interest liquidated so far 600 USD Recalculated interest rate 790 Recomputed Interest till redemption 350 USD Amount to be recovered from customer 250 USD Full Redemption Redemption date 01 Jul 2011 415 ORACLE 9 2 4 5 Redemption type Full Redemption Redemption Amount 10000 USD Interest liquidated so far 600 USD Recalculated interest rate 7 Penalty rate 2 Recomputed Interest till redemption 350 USD Amount to be recovered
147. cate 6 43 6 13 2 Specifying Interest Details for Simulated Account mn 6 44 6 14 Simulating TD Opening m cstis aani aR a A i i 6 48 6 14 1 Deposit INPUt eieiei E EEA EA EELEE E AAE AAEE TTEA E ERES 6 49 6 14 2 Simulation Details nanna nanna 6 50 6 14 3 Creating Term Deposit nanna 6 51 6 14 4 Specifying Interest Details for Simulated Account semen 6 52 6 15 Simulating TD Rollover cc n 6 53 6 15 1 Rollover ED srra ceca nieiieid cece a 6 57 6 16 Simulating TD Top Up nanna nn nn nn 6 58 6 16 1 Topping up TDi e a a p aa EE Eea 6 61 6 17 Simulating TD Redemption senean e eE EE E E E 6 62 617 1 Redeeming a ID indie a na aaa iain 6 65 6 18 Maintaining Notice Instruction ss nee nennnnnnn mnn nnnnnnnn nanna 6 66 6 19 Requesting for TD Currency Change nn nnnnnnnn nar anima nn 6 71 6 20 Viewing TD Currency Change SUMMAr ccceceeeeeeeeeeeneeeeeeettaeeeeeeentaeeeeesenaaes 6 73 6 21 Viewing TD Currency Change HIStOFV ss nenennnnnzn mnn nnnnntnnnnn nanna 6 74 6 22 Deposit Audit Trail Inquiry Lara 6 75 6 22 09 IG Bath ProC SSing sissa isti ii ba a i lee ase 6 78 RD Operations sass i ia a ia decd ccedccbeazacaasanadcaceiavasaceuannedeeedarsces 7 1 T1 Introduction issir a 7 1 7 22 Capturing Payment Details aa nanna nanna nanna 7 1 7 2 1 Viewing Accounting ENIES se ennnnnnnennnnnnnn nn nannti EEE 7 3 7 2 2 Specifying UDF Values a e E E A aS 7 4 7 3 Viewing Payment SUMMATV erranei E T E
148. centage yield for the applicable interest rate APY 1 r n 4n 1 Where r Rate of interest per annum n Number of times interest is compounded per year Note For discounted TDs Annual Percentage Yield will display the applicable interest rate Interest Liquidation Details You can view the following details here Date System displays the date of interest liquidation Interest Amount System displays the net interest amount that will be earned and liquidated for the compounding period Principal Balance System displays the updated principal balance amount after adding net interest amount earned during the compounding period 6 50 ORACLE 6 14 3 Note The data can be modified after or before simulation Click Clear button to clear the available data in simulation screen at any point of time Click on the View Print Advice button to view or print the simulation details Creating Term Deposit Click Create Deposit button to create the term deposit Term Deposit Simutation Maker Checker System enables the fields related to deposit opening System defaults the fields maintained in the TD Simulation screen e Account Class e Term Deposit Currency e Customer Number You can modify the following details e Account Open Date e Term Deposit Amount e Deposit Tenor e Maturity Date Save Account Class 4 ha Term Deposit Currency f ha Pa
149. child TD using the same denominated deposit ac count class or any other denominated deposit account class will be restricted This restric tion will be applicable during opening redemption maturity processing or amendments System will do a validation for this and if the validation fails an error similar to Payout to term deposit using denominated deposit account class is not allowed for this denominated deposits is displayed Term deposit Instrument Details Counterparty Details Branch Code Account Class Customer Account Number Customer Number Account Currency Account Class Interest The Term Deposit tab is displayed by default Here you can capture the following details Branch Code The system displays the branch code Account No The system displays the TD account number When you click Populate the new child TD number is computed automatically for payout through TD Customer Number The system displays the customer number However you can change it Currency The system displays the TD currency BIR ORACLE 6 4 3 Account Class Specify the account class from which the interest and deposit should be picked up If you have selected the Account Class option then you have to specify the Account Class Else you can leave it blank Account Account Class Indicate whether the interest and deposit should be picked up from the parent account TD account or from the account class
150. cle of a deposit a customer can surrender some or all of the certificates to issue new certificates with new denominations You can unlock the existing account using the STDCUSTD screen At the Denominated Deposit sub screen the Certificate Status Query Modification grid you can change the status of the existing certificate to Modified The status can be changed for a single certificate or for bulk certificates by selecting the certificates required to change status and there by selecting the bulk status change field as Modified On click of Populate button the following actions will take place e The Denomination Allocation Pending Amount is displayed as the total amount of the modified certificates e The denomination allocation details grid displays only the denomination and the corresponding units currently available for the account l e the Modified denominations are removed from the list You can input the required denomination by adding new rows only if the existing certificate status is Modified System validates whether the Denomination allocation pending amount and the new denomination total amount are the same Fresh certificates with the new denomination are issued using the ICDBADHC screen The status of the new certificates will be Re denominated Closing a TD Deposit accounts can be closed automatically on the Maturity Date of the deposit You can specify this by c
151. count Vou can then modifv these values to define the special conditions Specifving Product Details Specifv the following details Product Code The svstem defaults a product when vou click the Default button at the time of account creation Vou must modifv it to identifv the Charge product using which the applicable charges would be collected Currencv The charges would be collected in the currencv defined for the selected charge product and this currencv is displaved on the screen 9p ORACLE 5 4 Minimum and Maximum You must indicate the charge amount range representing the minimum and maximum charge that can be applied for the account Free Items You must indicate the number of free items for which the customer will not be charged Open By default each charge consolidation charge setup that you set up is enabled and active You can also disable the setup by checking the Open box Waive Charges You can choose to waive charges for an account Charge liquidation for the account till date gets liquidated on the customer change date For periodic charges online liquidation gets done on the customer change date In case of customer change all the charges applicable to the source customer gets replaced with charges applicable to the target customer Specifying Linked Entities Click Linked Entities button on the Deposit Account Booking screen and invoke the Linked Entities scr
152. count class the account is taken to be an open ended account class Account Details Tab This tab is displayed by default on invoking the Account Class Maintenance screen a ORACLE Account Code As per your bank s requirement you can choose to classify account classes into different account codes The bank can decide the manner in which the account classes are to be assigned to different account codes An account code can consist of a maximum of four characters Depending on the customer account mask maintained the value in the account code field would be used during the generation of customer account numbers through the Customer Accounts Maintenance screen If you have decided to include account code as part of the customer account number in the account number mask then at the time of creating a new customer account number you will need to select the account class for the account number being generated In the option list provided the account class is displayed along with the associated account code When the account number gets populated it is the account code that forms a part of the customer account number Dual Currency Deposit Check this box to indicate that account class is for creating dual currency deposits You can check this box only if the account type is Deposit Natural GL The reporting of all turnovers of the particular account class will be directed to the GL that you identify as the
153. count class description Account No TD account number Account Currencv TD account currencv Tax Tvpe IC rule description TDS Date Tax deduction date Interest in Account Currencv Interest in account currencv Tax Deduced in Account Currencv Tax deducted in account currencv Interest in Local Currencv Interest in local currencv Tax in Local Currencv Tax in local currencv 10 31 ORACLE 10 17 10 17 1 Term Deposits Exceeding Lien Limits Report You can generate a report of term deposits exceeding the lien reports using Term Deposits Exceeding Lien Limit screen To invoke the screen type STRLELMT in the field at the top right corner of the application toolbar and click the adjoining arrow button Term Deposits exceeding Lien Limit Branch Code Branch Name Customer Customer Name Include Subordinates Report Format Printer At Client Report Output Printer Specify the following details Branch Code Specify the branch code for which you are generating the report The option list displays all valid branch codes available in the system Choose the appropriate one Based on the branch code selected the system displays the name of the branch Customer Specify the CIF of the customer for whom the report is being generated The option list displays all valid customer numbers that are applicable Choose the appropriate one Based on the custome
154. cument Certificate Number e The account branch e The reference number e The report Module e The contents of the message To procure a hard copy of the certificate click Print The generated certificates are also available through the Messaging browser Messaging archival or purge action determines the storage or removal of these certificates from the Application Browser 6 13 2 Specifying Interest Details for Simulated Account To specify the interest and charge related details of the term deposit account click the Interest button The screen is as shown below LBL_IC_SP_COND_MAINT 4 gt Interest Start Date Account Details Charge Start Date Interest Booking Branch az Charge Booking Branch azl Dr Cr Advices Branch Account Calculation Account zZ Interest Booking Account a Charge Booking Account az Interest Statement Product Details l Waive Product Product F Generate UDE Change Advice User Defined Element Currency Open ILM Product Display ILM Type UDE Values Dates Effective Date BI 4 UDE Values User Defined Element Id Rate Code Les 6 44 ORACLE 6 13 2 1 You can define the interest and charge related deta
155. d Signatory Type Specify the signatory type Approval Limit Specify the amount up to which the account signatory can approve for debits Signatory Message The system displays the message corresponding to the signatory i ORACLE 5 11 5 11 1 Indicating TD Payout Details Click TD Payout Details button on the Deposit Account Booking screen and invoke the Term Deposit Payout Details screen to capture the parameters for automatic pay out Term Deposit Payout Details Branch Currency Account utei Bankers Cheque Demand Draft PC Branch DefaultFrom Parent Account Currency Account Class Customer No Account Class Here you can capture the following details Branch code The system defaults the current branch here Account This is the parent TD account number Currency The system defaults the TD currency Term deposit Tab This tab is displayed by default on invoking the screen Here you can capture details for creation of a child TD as part of pay out of the parent TD Customer No The system defaults the customer number However the customer no can be changed and a different customer can be provided for child TD creation Branch code The system defaults the current branch here Currency The system defaults the TD currency Default From Indicate whether the details should be picked up from the parent TD account or the account class by choosing one of the following options
156. d account balance after the customer s expiration Account Open Date The date on which the account has to be opened is defaulted based on the account class selected here You can however change the value of the opening date of account Media Select the media to communicate account related details to the customer such as account maintenance related charges fees interest etc from the option list You can choose either of the following e Mail e Telex e SWIFT e Fax Type The type of account is defaulted based on the account class selected However you can select the type of deposit account that you are maintaining a simulation for you can select any one of the following options e Single e Joint Clearing Bank Code The code for the bank serving as clearing house for the simulated account is displayed here Clearing Account Number The account number for the clearing activity for the simulated account is displayed here Alternate Account Number Specify an alternate account for the simulated account Generating and Viewing Account Certificate To generate the details of TD account in certificate format click the Generate Certificate button on the Customer Accounts Simulation screen paa ORACLE To view the details of the certificate generated for the simulated account click the View Certificate button on the Customer Accounts Simulation screen The following details are displayed e The Do
157. d currently e The maturity instruction of the TD is Move Principal to Unclaimed amp Move Interest to Unclaimed In case of Close on Maturity or Auto rollover the maturity instruction will be executed on the BOD of maturity date and thus Grace Days are not applicable You can invoke the Term Deposit Redemption Input screen by typing ICDREDMN in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button ca ORACLE Click the new button on the Application toolbar Term Deposits Redemption input Term Deposit Account Customer ID Account Currency Redemption Reference Number Product Code otice Deposit Redemption Based on Notice Instruction Notice Reference Number az Redemption Redemption Mode Partial Redemption Redemption Amount waive Penalty suppress Redemption Advice Principal and Interest Details Principal Amount Interest Rate Maturity Amount 1 Of 1 Payout Type Percentage Redemption Amount Instrument Number TD Payout Details Denominated Deposit Input By Authorized By Date Time Date Time Authorization Status Status Account Description Notice Maturity Date Rollover Tenor Number Account Balance waive interest ORollover Redemption Action Notice Amount Notice Date Account Class Tenor Account Tenor Independent Tenor Years Months Days Next Maturity Date
158. d in Next Maturity Date On selecting the rollover for the TD account the system defaults the next maturity date based on the rollover tenor option of the deposit This is updated only for rollover TD s ii ORACLE The display of next maturity date is based on the Rollover tenor options e Account class Tenor This is the default value of the rollover tenor if the Re pick up account class tenor on rollover is yes If account class tenor is selected the next maturity date will be blank since the account class tenor is subject to change On rollover the account class default tenor will be picked and applied to TD However this default option can be changed anytime during the life cycle of the TD and a configurable override Re pick account class tenor on rollover restrictions exists at account class will be displayed on save The rollover tenor in days months amp years will be null and non amendable e Account Tenor This is the default value of the rollover tenor if the Re pick up account class tenor on rollover is No However this default option can be changed anytime during the life cycle of the TD and a configurable override Re pick account class tenor on rollover restrictions exists at account class will be displayed on save The rollover tenor in days months amp years will be populated with the original tenor of the TD and will be non amendable The next maturity date will be calculated based on the maturity date account ten
159. d in the User Defined Fields screen Invoke this screen by clicking Fields button on the Term Deposits Instruction Maintenance screen User Defined Fields Field Name Value Description Here you can specify values for each UDF Refer the User Manual titled User Defined Field for details about defining UDFs 27 ORACLE 5 19 Viewing Instruction Summary You can view summary of all instructions using the Term Deposits Instruction Summary screen To invoke this screen type ICSINSMT in the field at the top right corner of the Application tool bar and click the adjoining arrow button Term Deposits Instruction Summary E Search Cf Advanced Search Reset DA Clear All Case Sensitive Authorization Status Record Status Branch Code G Account Number fiss Records per page 15 10f1 Authorization Status Record Status Branch Code Account Number Sequence Number Sweep To Account Swi You can query on records based on any one or all of the following criteria e Authorization Status e Record Status e Account Number Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Authorization Status e Record Status e Branch Code e Account Number e Sequence Number e Sweep To Account e Sweep Branch Double click on a record to invoke the detailed screen f
160. d is transferred from TD account Offset Account Specify the account number GL to which the fund is transferred to TD account on liquidation maturity or rollover This field will return the branch code if the account is selected and NULL will be returned if GL is selected If pay out mode is GL then the system displays only GLs in aM ORACLE the option list If the pay out mode is Account then the system displays only accounts in the option list The offset account should not be specified for payout through Bankers Cheque Demand Draft Payments and Term Deposits Narrative Specify the description for the payout Payout Component Select the payout component from the options given below The options available are e Principal e Interest Note Vou can select separate pavout tvpes for principal and interest components respectivelv If vou select different pavout tvpes for the principal and interest these components will be paid out through the respective modes Payout component for interest is not mandatory If you do not specify it the interest will be liquidated to the principal payout account Payout of interest component through term deposit is not supported Multiple payout modes with banker s cheque or demand draft are not allowed Recurring Deposit You can maintain the pay in details for recurring deposits here Auto Payment Take Down Check this box to allow the recurring deposit account to debit the
161. d on Base Amount in this User Manual for details about arriving at interest rate based on cumulative amount Month end Maturity Deposit Check this box to indicate that the deposit is a month end maturing deposit i e the deposit matures on the last working day of the month If this box is checked at the account class then during deposit input if the account opening date is the last working day of the month and the maturity date is the last day of the subsequent month then you have to enter the tenor in Months only If this box is un checked then the deposit is not considered as an month end maturing deposit even though the deposit is opened on the last working day of the month and the tenor of the deposit is across months During TD opening a deposit is considered as a month end maturing deposit only if the following criteria are met e The start date of the deposit is the last working day of the month e The tenor of the deposit is across months e The Month end Maturity Deposit box should be checked An account class with Month end Maturity Deposit box checked can also have deposits that are not month end maturing deposits A deposit is classified as an ordinary deposits not month end maturing deposit if the following criteria are met e The deposit is not opening on the last working day of the month e The tenor of the deposit is across months but not month end maturing e The deposit is opened on the last working day of
162. d on cumulative amount can be checked only for rollover TDs and not for close on maturity and unclaimed TDs Cumulation feature is not supported for recurring deposits discounted deposits fixed rate deposits and IC rate code deposits Dormancy Details You can specify the following dormancy details 4 12 ORACLE Dormancy Period Start Date The system defaults the date as the maturity date of the TD Target for Dormancy The system checks this box automatically based on the dormancy processing frequency specified at the account class The system will not include the accounts having the following scenarios for classifying as Target for Dormancy e Dormancy Period Start Date Dormancy Days gt Current Processing Date e TD accounts created as Auto Deposit Sweep Structure Automatic Overdraft Collateral Collateral pool in Active Status e Deposit has an active amount block e The customer status is either Deceased or Frozen Processing Type The system defaults the dormancy processing automatically based on the processing type specified in the account class when the account is marked as dormant and available the options are e Direct e Advice Based e Manual The Processing Type is updated as Manual when the account is marked as Dormant through STDSTDOR Screen Advice Returned Check this box to mark the account as dormant if the Processing Type is Advice based Dormant Check this
163. de Product Title Indicates the product title Currency Indicates the currency of the transaction Account Number Indicates the account number Customer Name Indicates the name of the customer Deposit Renewal Date Indicates the deposit renewal date Maturity Date Indicates the maturity date Grace Days Indicates the grace days Outstanding Principal Indicates the outstanding principal Outstanding Interest Indicates the outstanding interest 10 19 Term Deposits Topped up During the Period You can generate the Term Deposit Top up report for TD accounts for which the top up is made This report can be generated for all branches or for specific branch for account To invoke the screen type TDRTOPUP in the field at the top right corner of the application toolbar and click the adjoining arrow button 10 34 ORACLE Term Deposits Topped Up During the Period Branch Code Customer Number Branch Name Customer Name Account Number From Date J To Date B Report Format PDF Printer At Client x Report Output Print x Printer Specify the following Branch Code Select the current branch code from the adjoining option list Branch Name The branch name of the selected branch code is displayed here Account Number Select the account number from the adjoining option list Customer Number Select the customer number from the adjoining op
164. de will be updated to TD account automatically Certificate Number The system displays the TD certificate number in Main tab On generation of TD certificate the certificate number will be updated in the TD account automatically On duplicate certificate generation rollover issue the latest certificate number issued against the TD account will be updated in TD account Duplicate If any duplicate certificate is generated for the TD account this box will be checked automatically on generation of duplicate certificate By default this box will be unchecked Rollover Interest Based on Cumulative Amount Check this box to indicate that the system should arrive at the rollover interest rate of a new deposit using the cumulative amount of other active deposits under the same account class and currency Note If this box is checked then the rolled over deposit will earn a cumulative interest rate corresponding to the slab based on all active deposits of the customer This selection can be modified any time during the life cycle of TD The modification will take effect only on next rollover The rollover interest rate based on cumulative amount flag will be defaulted on rollover to the Interest rate based on Cumulative amount flag at interest subsystem Rollover interest rate based on cumulative amount can be No if interest rate based on cumulative amount is Yes and vice versa Rollover interest rate base
165. denomination value with the number of units Certificate Start No This indicates the certificate start number This is auto generated if the box Auto Generate Certificate Number is checked If the Auto Generate Certificate Number is not checked then you have to key in the Certificate Start Number Certificate End No This is auto generated if the box Auto Generate Certificate Number is checked else it gets defaulted based on the value provided at Certificate Start Number and Units field Certificate End Number Certificate Start Number Units Once the above specified details are entered you have to click the Populate button On click of the Populate button the Certificate Allocation Pending Amount Certificate Allocated Amount and Number of Certificates for the Deposit fields are displayed Certificate Allocated Amount This indicates the sum of Total Amount field 8 58 ORACLE 6 8 3 6 9 6 10 Number of Certificates for the Deposit The total number of certificates for the term deposit is displayed here Number of Certificates for the Deposit Total of Units field If you do not use the Populate button these fields will get displayed on click of Generate or Print button whichever is clicked first Click Generate button to generate the certificates and click Print button to print the certificates Certificate Re denomination During the life cy
166. der this account class The adjoining option list displays all valid GLs maintained in the system You can select the appropriate one Product Category To facilitate multi mode pay out specify a product category or select a product category from the adjoining option list The option list lists out only the outgoing payment product category as the payout is to move the proceedings of TD upon liquidation or maturity to other bank accounts Transaction Code Specify the transaction code that should be used to process TD pay out by PC The adjoining option list displays all valid transaction codes maintained in the system You can select the appropriate one Cluster Identification Specify a valid cluster ID which you need to link to deposit account class On linking the cluster the booking and withdrawal amount is validated against cluster amount in units Note You can link cluster ID only for term deposits Rate Chart Tenor Specify the unit by which the tenor maintained in Floating Rate Code Definition screen should be considered You can select one of the following units e Months If you select this the rate chart tenor will be considered as months for all deposit under this account class e Days If you select this the rate chart tenor will be considered as days for all deposit under this account class If rate chart is allowed for the account class then the system will take the tenor from Floating Rate Cod
167. details are captured here Denomination ID Specify the denomination id here Alternatively you can also select the denomination ID from the adjoining option list The list displays all denomination ids allowed at the account class level Denomination Description This is defaulted from the account class level Denomination Value This is defaulted from the account class level Units Specify the required units here Total Amount The Total Amount which is Denomination value x Units is displayed here Certificate Status Query Modification After a deposit is opened you can perform a query or modification on the certificate status of a deposit Select the type of query or modification that you want to perform on the certificates from the following options 948 ORACLE e Active Certificate Only e Single Certificate Number e All Certificates Certificate Number Select the certificate number from the adjoining option list for which the status has to be changed or queried on Denomination Value This is defaulted from the account level Issue Date The date of issuance of the certificate to the deposit is displayed here Current Status The current status of the certificate is displayed here New Status You can select the new status of the certificate from the adjoining drop down list The following options are available for selection e Issued e Lost damaged e Re denominated e Modified e Duplicate e Rollover Iss
168. displayed here is the current principal amount of the deposit Account Balance System displays the balance available in deposit account as on date Interest Rate System displays the rate of interest of the current deposit Maturity Date This indicates the maturity date of the existing deposit This is only a display field and cannot be modified Maturity Amount System displays the amount of maturity for the existing deposit Interest Paid Out System displays the amount of interest liquidated till date from the date of account opening Tax Collected The system displays the amount of tax collected till date from the date of account opening Deposit Tenor Years The system displays the tenor of deposit in years 8 84 ORACLE Months The system displays the tenor of deposit in months Days The system displays the tenor of deposit in days Rollover Details Rollover Type Select the rollover type from the following e Principal For rollover simulation only principal amount of the existing deposit is considered For denominated deposits only the option of simulating the principal amount is allowed e Special Amount The rollover amount field is enabled when this option is chosen You can enter the special amount and the rollover calculation is done based on that amount e Interest Rollover calculation happens only for the interest portion of the existing deposit as on maturity date Gross interest for the whol
169. displayed is net of Principal Interest less tax and penalty if any Note This field will be disabled for a notice deposit redemption Refer the chapter Annexure B IC Rule Set up in this user manual for details on calculating principal and interest amount during term deposit redemption Rollover You can rollover a TD only during the grace period You can select the TD account and define the tenor for which TD should be renewed Note Manual rollover is not possible for a notice deposit account During rollover the interest is liquidated The system changes the TD interest start date as the maturity date of the old TD In the Main tab of the Deposit Accounts Booking screen you can see the new maturity date based on the tenor defined here If Rollover box is checked then indicate the rollover tenor for the TD account You can select one of the following options e Account Class Tenor If Re pick up Account Class Tenor on rollover is set to Yes at the account class level then on selecting rollover the rollover tenor will be defaulted as account class tenor 6 12 ORACLE The default account class tenor is displayed as tenor in days months and years which you cannot change However you can change the default option during rollover When you save it the system displays an override message Re pick account class tenor on rollover restrictions exists at account class If
170. duct However you can modify this If you have modified this then during save the system will prompt that Continue variance on Rollover Flag is modified You can proceed Check this box to enable continued variance on rollover If you check this then the system will default account variance as current value to the rollover deposit for the next cycle If you do not check this then the account variance will not be carried forward to next rollover cycle Interest Rate Based on Cumulative Amount Check this box to indicate that the system should arrive at the interest rate of a new deposit using the deposit amount principal balance of other active deposits under the same account class customer and currency The cumulation of the amount for arriving at the interest rate is done at the account level during the save of the below events e Deposit account opening e Anv interest rate change to the deposit floating rate deposits rate change on interest liquidation and rate change on rollover Note When cumulating the amount of the deposits system considers the current deposit balance of all the deposits along with the new deposit amount TD accounts opened after the interest start date will not be considered for arriving at the cumulation amount For backdated deposit opening all the active deposits as of the current system date are considered to arrive at the cumulative amount if the Interest Rate Based on Cu
171. due date last day of the month is a holiday then the previous working day will be considered as the installment payment date Any adhoc change in the holiday calendar maintained in the local holiday calendar screen STDLOCHL will change the installment date to the previous working day of the month for the branch Accordingly the RD schedule will be updated to accommodate the change in the installment date due to holiday The advice RD INSTALL ADJ is used when the installment date is updated due to holiday On EOD the schedule updation and the advice generation will be done when the branch holiday calendar is modified and authorized 18 ORACLE The system displays all the installments due from the date of advice and based on the advice tags if the installment date is a holiday the new installment date will be displayed otherwise there will be no display for the new installment date i ORACLE 8 Annexure A Accounting Entries 8 1 Accounting Entries and Advices for TD This Annexure lists the suggested event wise accounting entries that can be set up for the Interest and Charge product applicable for the TD module of Oracle FLEXCUBE 8 2 Events You need to set up the following events at the IC product for Deposit accounts Event Code Event Description DEBK Deposit Booking IACR Interest Accruals ILIQ Interest Liquidation IMAT Interest Maturity ROLL Discounted Deposit Rollover 8 3 A
172. e _ INSTALLFREQ_ Installment frequency for the RD ORACLE 8 5 5 3 Advice Tag Description _BRANCH_ Code of the branch where TD is held _INSTALLDATE _ The installment due date for which the change is made _NEWINSTALLDATE_ The changed installment date ICCOD_SIM This advice will be generated for original and duplicate advice for Term Deposit Simulation Advice Tag Description _BRANCH_ Code of the branch where Account is to be held _ BRNAME _ Name of the branch where Account is to be held _ BRADDR1_ Branch address line 1 _ BRADDR2_ Branch address line 2 _BRADDR3__ Branch address line 3 _ACLASS _ Account Class _ACLASSDEC Account Class Description _CUSTID_ CIF ID _CUSTNAME_ Customer name _ADD1_ Customer address 1 _ADD2_ Customer address 2 _ADD3_ Customer address 3 _ADD4_ Customer address 4 _TERMDE Amount of Term Deposit PAMT_ _TENORY_ Tenor Term in years _TENORM__ Tenor Term in months _TENORD _ Tenor Term in days _VDATE_ Opening date _CCY_ Currency _XRATE_ Applicable Rate _APY_ Annual Percentage yield _INTAMT_ Interest Amount ORACLE 8 5 6 _SPLCCY_ Interest Amount currency _INTAM Interest Amount in words TWORD_ _TAXAMT Tax Amount _SPLCCY Tax Amount Currency _TAXAM Tax Amount in words TWORD _MATAMT_ Maturity Amount
173. e 1 _ADD2_ Customer address line 2 _ADD2_ Customer address line 3 _ADD4_ Customer address line 4 _CCY_ Currency of Term Deposit _AMT_ Term deposit amount _TOTREDMAMT _ Total Redemption amount _MATDATE_ Maturity Date _REDMDATE_ Redemption date _REDMBRANCH_ Redemption account branch _REDMACCOUNT_ Redemption account to _REDMNARRATIVE_ Redemption narrative _PAYOUTTYPE_ Pay out Type _PAYOUTPERCNT_ Payout Percentage _PAYOUTREDMAMT_ Payout Redemption amount _PENALTYDET_ Penalty details _MAKERID_ Teller name _TXNDATETIME_ Transaction date amp time _CERTNO_ Certificate numbers getting redeemed _NOCERT_ Total number of certificates getting redeemed _INTCUM Interest Rate Based on Cumulative Amount _BASEAMT_ Base Amount for Arriving at Interest Rate ORACLE 8 5 4 Rollover Advices This rollover advice will be generated only for term deposits during rollover A message type TD_ROLL will be used Tag Description _BRANCHNAME _ Branch Name _BRNADD1 _ Branch address line 1 _BRNADD2_ Branch address line 2 _BRNADD3_ Branch address line 3 _TDATE_ Rollover date _REF_ Advice Reference _CUSTNAME _ Customer name _ADD1_ Customer address line 1 _ADD2_ Customer address line 2 _ADD2_ Customer address line 3 _ADD4_ Customer address line 4 _TDACNO_ Term deposit account number _AMT_ Rollover amount _CCY_ Term dep
174. e Definition in terms of the unit specified here ai ORACLE Note You can use this feature only if the rate code has been maintained for the specific tenor Also this feature is available only if the check box Rate Chart Allowed is checked on this screen Partial Liquidation Restricted For The restriction period has to be less than maximum tenor allowed If maximum tenor is not maintained at the account class level then restriction period will not be validated On rollover the restriction period will be reset to rollover date The enabling and disabling of fields Months and Days will not be controlled by the system The system will allow to enter value But if Allow Partial Liquidation or Allow Partial Liquidation with Amount options are not selected then the system will display an error message The Term Deposit Lock In period cannot be provided when Partial Liquidation is not allowed While checking if the lock in period is greater than maximum tenor months will be converted to 30 days for validation purposes If redemption is done during the lock in period the system will display an override message This is configurable to an error message Months Specify the restricted period for partial liquidation in months Days Specify the restricted period for partial liquidation in days Deposit Amount Currency wise Limits Channel ID Specify the channel Id The adjoining option list displays all
175. e Effective from the adjoining drop down list Click Formulas button and invoke the Formulas screen You need to maintain two booked formulae and one tax formula Formula 1 Specify the following details Book Flag Select Booked from the adjoining drop down list Debit Credit Select Credit from the adjoining drop down list Days in a Month Select Actuals from the adjoining drop down list Days in a Year Select Actuals from the adjoining drop down list Accrual Required Check this box Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen Specify the following expression Case Result an ORACLE DEP_AMT_INIT gt 0 DEP_AMT_INIT TD_1 DAYS YEAR 100 Formula 2 Specify the following details Book Flag Select Booked from the adjoining drop down list Debit Credit Select Debit from the adjoining drop down list Days in a Month Select Actuals from the adjoining drop down list Days in a Year Select Actuals from the adjoining drop down list Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen In this screen you need to maintain the following expression Case Result DEP_AMT_INIT gt 0 AND PENALTY BASIS DAVS FROM START TD PNL PENALTV APPLV 21 YEAR 100 Formula 3 Specify the fo
176. e Falling on a Holiday Report Term Deposit Account Maturity Date not adjusted Report Term Deposits Topped Up During the Period Report Customer wise Tax Deduction Report Unclaimed Deposits Transferred Report Ad Hoc Combined Statement Failed Notice Instruction Report Defaulted Exchange Rate Modified in Term Deposit Report TD Currency Change Report To generate any of these reports choose Reports in the Application Browser Choose TD under it A list of all the reports in TD module will be displayed You can choose to view or print the report The time and the operator who generated the report will be displayed Customers Fixed Deposit Report This report lists out all time deposit accounts for a given customer This report also provides additional information of whether lien is marked or not You have an option to print and view the report in PDF HTML RTF or Excel format 10 1 ORACLE 10 2 1 You can invoke Customers Fixed Deposit screen by typing TDRFIDEP in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button gt Customers Fixed Deposit Report Customer Number Report Format PDF Printer At Client Report Output Print Printer Specify the following details here Customer Number Select the customer number from the adjoining option list The list displays all valid customer codes On failure to provide the value the report fetches records for all
177. e KOTUCE WADE Currencv Counterparty Bank Code Counterpartv Account Beneficiary Details Beneficiary Address Beneficiary Name PassportiC Number Narrative You can capture the following details ona ORACLE 6 4 8 Counter Party Details Specify the following cheque details Counter Party Bank Code Specify the bank code of the counter party Counter Party Offset Account Specify the branch code of the account for redemption Beneficiary Details Indicate the following details Beneficiary Name Specify the name of the beneficiary Address Line 1 to 2 Specify the address of the beneficiary Other Details Specify other details if any for the beneficiary Narrative Give a brief description for the payout Authorizing Transaction For the transaction to be authorized click Authorize button The following screen will be displayed Authorization Branch Term Deposit Account Number Redemption Reference Number Account Currency Overrides O Confirmed Override Text Note The accounting entries for redemption renewal are passed only on authorization a0 ORACLE 6 5 Viewing TD Redemption Details You can view the details of TDs redemption using the Term Deposit Redemption Input Summary screen To invoke this screen type ICSREDMN in the field at the top right corner of the Application tool bar and click the adjoining arrow button Redemption Ref
178. e TD resides The adjoining option list displays all valid branch codes maintained in the system You can select the appropriate one Customer Identification The customer identification CIF of the customer for whom TD needs to be renewed or redeemed is displayed based on the TD account number Term Deposit Account Number Specify the TD Account Number You can also choose the appropriate one from the option list The option list displays the deposit type of accounts maintained in the system The option list does not display auto deposit type of accounts Account Currency The TD currency is displayed here based on the TD account number Account Description A description of the TD is displayed here based on the TD account number Account Balance The account balance is displayed here based on the TD account number Waive Interest Check this box to waive off the accrued interest amount that is to be paid to the customer during redemption Note The interest accrued for the current period alone will be waived and already liquidated in terest will not be waived Waive Penalty Check this field to waive any penalty related to the deposit redemption Note You can check the Waive Interest and Waive Penalty boxes only for full redemption and not for partial redemption Suppress Redemption Advice By default the system will generate the redemption advice However if you check this box the redemption advic
179. e account belongs for which you are defining special conditions is displayed in this field Account The account number of customer for which you are defining special conditions is displayed in this field Calculation Account Specify the account for which interest will be calculated The TD account populated will be the calculation account By default it will be same as the customer account However you can change it Interest Booking Account You can select the account for booking interests on transaction processed at your bank At the time of creating an IC product if you have maintained the booking account type as Interest in the Interest and Charges Product Definition screen the Interest will be liquidated into the Interest Booking account By default the TD account is defaulted as the interest booking account However you have the option of booking interest to a different account belonging to another branch also The accounts maintained in the selected Booking Branch will be available in the adjoining option list You can select the appropriate account Interest will then be liquidated into the selected account Charge Booking Account You can select the account for booking charges on transactions processed at your bank ve ORACLE At the time of creating an IC product if you have maintained the booking account type as Charge in the Interest and Charges Product Definition screen the charge will be liqu
180. e creation will be suppressed oe ORACLE Rollover Redemption Choose Rollover option to rollover the accounts that are within the grace period days Grace period can be opted only for unclaimed TD s and manual rollover is possible only during grace days Choose Redemption to redeem the term deposit If rollover is opted the payout instructions are not applicable at redemption screen On saving the renewal days months years need to be specified and the next maturity date is defaulted based on the rollover tenor on save In case of a premature redemption of a term deposit the system will pay the interest applicable for the redemption principal amount as part of redemption proceeds In case of premature redemption for compounding type deposit the system will consider the compounding effect for the redemption amount as well as recalculation of interest The redemption proceeds will include the following components e Redeemed amount e Interest payable on the redeemed amount since last liquidation e Recovery of excess interest paid in earlier interest liquidation cycles on the deposit if any on account of lower interest rate picked up for the redeemed amount and or remaining amount The net amount after considering the three of the above mentioned components will be payable as redemption proceeds Notice Deposit Redemption Based on Notice Instruction Check this box to indicate that the redemption has to be
181. e following details Move funds on Overdraft Check this option to indicate that the system should pass an overdraft in the payment account i e CASA when the account does not have sufficient funds for making RD installment payment Days Specify the installment frequency in terms of days Months Specify the installment frequency in terms of months Years Specify the installment frequency in terms of years Note The installment frequency needs to be greater than the minimum schedule days and less than the maximum schedule days specified at account class level Suspend Remaining Installment Payment Check this box to suspend remaining installment payment Sa ORACLE Note The interest payout for the RD is only on maturity date of the account l e there is no interim interest payment Islamic deposits and term deposit accounts are not considered for this TD Install met payment suspension The back dated and future dated installment suspension will not be available Suspension Date The system defaults the current system date here on save of the transaction and will not be available for modification and also when Suspend Remaining Installment Payment box is checked Note On inquiring the RD account number the installments that are suspended and the date on which installments are suspended can be viewed The suspension request can be provided only if the RD account is acti
182. e for the account number Deposit Tenor Years The system displays the tenor of the deposit in Years Months The system displays the tenor of the deposit in Months Days The system displays the tenor of the deposit in Days Currency Change Details New Account Currency Specify the currency to which the account currency is to be changed to The adjoining option list displays all valid account currencies maintained in the system You can choose the appropriate one Value Date The system displays the current system date which is the date of currency change Remark Specify the remarks if any If remark is not mentioned on save the remark will be defaulted as Account Currency Change Note The currency change will not be allowed for the account where Mayuru account lim it is maintained If the account is on JPY currency To maintain consolidation of the interest for accounts with successful currency change transactions an accounting role CCYCH INT CONSOL will be used at the IC product level ICDPRMNT linked to TD account class The GL correspond ing to this role will be used as the Interest consolidation GL for account currency change allowed deposits Bara ORACLE 6 20 The currency change will not be allowed in the presence of amount block In this screen you can perform the following operations e New e Enter Query e Save e Authorize e Close Viewing
183. e new MIS code if the option of transferring MIS balances upon reclassification has been set in the Chart of Accounts screen for the GL Balance Transfer Log Account Balance Transfer Log Details 1 Of 1 Branch ProductCode Financial Year Transaction Date GL Code MIS Class OldMISCode NewMIS Cod Here you can view the following details Account The system displays the TD account number Balance Transfer Log Details You can view the following details e Branch Code e Product Code e Fin Year e Transaction Date e GL Code e MIS Class e Old MIS Code e New MIS Code e TRF Ind e Currency e Exrate e Amount oN ORACLE 5 7 Specifying Statement Details Click Statement button on the Deposit Account Booking screen and invoke the Statement Details screen Statement Details Primary Account Statement Previous Statement Details Generate Statement Only Date On Movement Balance Summary No None Detailed Account Cycle On Secondary Account Statement Previous Statement Details Generate Statement Only Date On Movement Balance Summary No None Detailed Cycle On Tertiary Account Statement Previous Statement Details Generate Statement Only Date On Movement Balance Statement Account No Type None v Exclude Same Day Reversal Transactions from Statement Exclude Same Day Reversal Transactions from Statement
184. e payout Beneficiary Address Specify the address of the beneficiary 5 12 Viewing Change Log Click Change Log button on the Deposit Account Booking screen and invoke the View screen E New E Enter Query Key Id Function Id Records 1 Of 1 Mod Number Modification Status Maker Date Stamp Authorization Status View Char 4 Remarks Maker Remarks First Checker Remarks Maker Override Remarks Warnings tOr Warning Code Warning Description Fields 101 Field Name Old Value New Value Here you can view the following details e Modification Number e Modification Status e Maker ID e Maker Date Stamp oe ORACLE 5 12 1 5 12 2 e Authorization Status e View Changes e Remarks e Maker Remarks e Maker Override remarks e First Checker Remarks e Checker Remarks e Warning Code e Warning Description e Field Name e Old Value e New Value Capturing Interest Payout Details for Banker s Cheque DD and PC You can capture interest payout details for Banker s Cheque DD and PC in the Term Deposit Interest Payout Details screen interest Payout Details Branch Currency Account Bankers Cheque Demand Draft PC Instrument Details Instrument Tvpe Bank Code Currency Payment Branch Beneficiary Details Beneficiary Address Beneficiary Name PassportiC Numbe
185. e term Applicable tax for the whole term Applicable charges if any e Principal Interest When this option is chosen the principal and interest amount as on TD maturity date of the existing deposit is taken as principal amount for simulation This option can be chosen only when the interest booking account is the same deposit account otherwise system displays an error message Rollover Amount You need to specify the rollover amount only if you have selected Special Amount as rollover type Specify the amount taken for the rollover System considers this amount in rollover calculation Years System defaults the tenor of the existing deposit in years however you can modify this if required Maturity date is updated when the tenor is modified Months System defaults the tenor of the existing deposit in months however you can modify this if required Maturity date is updated when the tenor is modified Days System defaults the tenor of the existing deposit in days however you can modify this if required Maturity date is updated when the tenor is modified Maturity Date System calculates and displays the maturity date based on the tenor of existing deposit You can modify the maturity date The system updates the tenor based on the modification made on the maturity date If the maturity date is modified accordingly the tenor gets adjusted Interest rate Based on Cumulative Amount Check box to confirm whether interest rate
186. e that the Details in Multiple Scripts are in Sync During modification of an existing record if any of the Name Address fields in any of the script is modified then while saving the record system displays the following override message Kindly Ensure that the Details in Multiple Scripts are in Sync Viewing Change Log Click Change Log button on the Management Information System screen and invoke the Change Log screen If MIS reclassification occurs through changing of the MIS codes for ORACLE 5 6 3 the Customer Type of MIS classes the system will store the changes made in the Customer MIS Change Log screen Change Log Branch Account Change Log Details 1 Of 1 MIS Class Transaction Date x Old MIS Code New MIS Code Here vou can view the following details Branch Code The current logged in branch code is displaved here Account The svstem displavs the TD account number Change Log Details You can view the following details e MIS Class e Transaction Date e Old MIS Code e NewMIS Code Viewing Transfer Log Click Transfer Log button on the Management Information System screen and invoke the Balance Transfer Log screen When MIS reclassification occurs with respect to a customer account or contract the balances in a GL associated with the old MIS code in each case are mig ORACLE transferred to the GL for th
187. e that the system should arrive at the interest rate of a new deposit using the cumulative amount of other active deposits under the same account class customer and currency The cumulation of the amount for arriving at the interest rate is done at the account level during the save of the below events 6 24 ORACLE 6 4 7 e Deposit account opening e Any interest rate change to the deposit floating rate deposits rate change on interest liquidation and rate change on rollover Note When cumulating the amount of the deposits system considers the current deposit balance of all the deposits along with the new deposit amount TD accounts opened after the interest start date will not be considered for arriving at the cumulation amount For backdated deposit opening all the active deposits as of the current system date are considered to arrive at the cumulative amount if the Interest Rate Based on Cumulative Amount box is checked The interest rate derived is applied only to the new deposit to be opened and there will be no changes done to the deposits which are used for arriving at the interest rate Refer the section Calculating Interest Rate Based on Base Amount in this User Manual for details about arriving at interest rate based on cumulative amount Deposit Tab Click Deposit tab in the Interest Charges screen to capture deposit details Interest Charges
188. ecurring deposit installment suspension on the recurring deposit during the term and there is no history of suspension as well Installment Amount Specify the installment amount that has to be collected from the payment account as per the installment frequency This installment amount should be greater than the minimum installment amount mentioned at the account class The system should validate Installment Amount field against Minimum Installment Amount in Account Class Maintenance STDACCLS screen the creation of an RD account However it should not be validated at the time of installment payment Recurring Deposit Account Check this box to indicate recurring deposit account For recurring deposits by default this checkbox will be checked Payment Date The system displays the account booking date as the date on which the payment is made for recurring deposit account You cannot modify it This is the date on which the payment will happen On successful payment of installments the system changes the payment date to the next due date based on the installment frequency 4510 ORACLE The Payment Date field in the STDCUSTD screen will be made blank after the installment suspension request Payment Currency The system displays the account currency of the payment account Note Note the following The system enables the offset account and branch detail fields only if the option to pay is selected as the
189. ed Cumulation is applicable only for rate chart allowed TDsRefer the section Calculating Interest Rate Based on Base Amount in this User Manual for details about arriving at interest rate based on cumulative amount Consolidated Charge Account Specify the account for posting consolidated charges The adjoining option list displays all valid accounts maintained in the system You can select the appropriate one Currency Specify the term deposit currency Product Details Specify the following details Product Code Specify an interest product in order to allow calculation of interest When you apply an interest product on the account interest for the account will be calculated according to the interest rule attached to the product Multiple interest products can be attached to TD account class But a TD can be created with one interest product attached Charge product is not supported for TD accounts UDE Currency Specify the UDE currency for the product that you apply on the account UDE values that you specify for the account subsequently will be taken to be in this currency Waive Interest This box is unchecked by default However you cannot waive interest on a TD Leave this box unchecked Generate UDE Change Advice Check this box to indicate that interest rate change advice has to be generated for the account at EOD The system generates interest rate change advices for accounts when the interest rate changes as pa
190. ed under the following heads Header of the report The header of the generated report will have the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body of the report The generated report will have the following information Field Name Field Description Account Number Deposit Number This indicates the TD account Number Customer Name This indicates the Name of the TD account holder Date of Open This indicates the TD account opened date Value Date This indicates the Value Date of the TD account Deposit Amount This indicates the Deposit Amount Maturity Date This indicates the Maturity date of the TD account Deposit Term This indicates the TD Tenor Maturity Date Interest Start Date Total Interest Payable This indicates the Interest Amount This will show interest amount on the maturity date Interest rate This displays the interest rate applicable for the account Maturity Amount This displays the maturity amount for the tenor of TD Branch This indicates the Branch Name Product Code This indicates the product code of the TD account Product Title This indicat
191. edeemed principal is liquidated to the interest booking account specified at TD level The system will validate for the following Bel ORACLE e During partial redemption the withdrawal amount should be a multiple of withdrawal unit maintained at the Deposits Cluster Maintenance level else the system will display the error message Withdrawal amount must be multiples of withdrawal unit e Withdrawal amount should be greater than minimum booking amount maintained at the Deposits Cluster Maintenance level else the system will display the error message Withdrawal exceeds minimum balance level If it is a Partial Redemption then Maturity Amount field will be disabled Principal and Interest Details The system displays the following principal and interest details Principal Amount The system displays the amount paid at the time of term deposit booking when you click on the Compute button Interest Rate The system displays the current interest rate applicable after partial full redemption when you click on the Compute button On redemption for rate chart allowed TD s the system picks the rate again based on the amount slab and tenor Maturity Amount Revised maturity amount is displayed here based on the current redemption maintained when you click Compute Also for partial redemption the revised maturity amount is updated on the TD account automatically The maturity amount
192. een Linked Entities Account Number 1 Of 1 Customer x Customer Name Relations x Include Relationship Specifv the following details Customer Select the customer from the option list with whom vou want to establish the relationship with the account that vou are maintaining Description In this field the svstem displavs the name of customer that vou have selected in the previous field You cannot change the description a ORACLE 5 9 Relations By default the system will select the customer of the account as the Primary Holder This is a pre shipped relationship and you will not be allowed to change the relationship Include Relationship Check this box to indicate that relationship should be inherited for all transactions Specifying Restrictions Click Restrictions button on the Deposit Account Booking screen and invoke the Products and Transaction Codes Restriction screen Products and Transaction Codes Restriction Product Details Product List Disallowed Allowed Special Condition Not Applicable Applicable 10f1 Product Description Debit Credit Transaction Details Transaction List Disallowed Allowed Special Condition Not Applicable Applicable 1 Of 1 El Transaction Code Description Debit Credit Specify the following details Product Details Indicate the following preferences Special C
193. eep to account resides The adjoining option list displays all valid branch codes maintained in the system You can select the appropriate one Sweep to Account Specify the account to which the sweep is carried out The adjoining option list displays all valid accounts maintained in the sweep to branch You can select the appropriate one Amount Specify the amount which to be swept to Sweep To Account Minimum Required Balance Specify the minimum balance required for creation of auto deposit Only the amount above this limit will be used for auto creating deposits Source Code Specify a code assigned for the sweep External Reference Number The system displays the identification number of the transaction in the source system S89 ORACLE Branch Code The system displays the branch code of the branch where the TD account resides Sequence Number The system generates a sequence number for the instruction you are maintaining and displays it here Account Currency Code The system defaults the CASA account currency Deposit Account Class The system defaults the Default Auto deposit account class specified in CASA account class However you can modify if needed The adjoining option list displays all active authorized and allowed list of auto deposit account classes specified in CASA account class Select the appropriate one Deposit Currency Specify the currency in which the auto deposit should be created The adjoinin
194. efaulted here Denomination Value The denomination value of the selected denomination id is defaulted here Stock Catalog Code Specify the stock catalog code here Alternatively you can also select the code from the adjoining option list The list displays all stock catalog codes defined at the inventory level Gaar ORACLE Note This is applicable only if Inventory module is used for certificate tracking Series No This is the series number as defined at the inventory level Note This is applicable only if Inventory module is used for certificate tracking Availability This indicates the number of certificates available in the inventory for the selected denomination id Note This is applicable only if Inventory module is used for certificate tracking Units This is defaulted from the Deposit Account Booking or TD Account Opening by Multi Mode screen However you can modify this value You can modify the Units field to a number less than the defaulted value but it cannot be greater than the defaulted value System validates the same on click of Populate button by verifying whether the number of units for each denomination are less than or equal to the selected units during opening using STDCUSTD or TDMM screens Note The number of units entered is validated with the Availability field Total Amount The system computes the denomination value by multiplying the
195. emented by 1 for each completed month anes ORACLE For instance If TD opening date is 03 JAN 2014 and redemption date is 05 MAR 2014 this SDE will return 2 as the value If TD Opening Date is 03 JAN 2014 and Redemption Date is 02 FEB 2014 this SDE will return O as the value In IC rule setup the different ways of calculating interest will be set up as different expressions The MONTHS_FROM_START and another SDE REDEM will be used in conditions to select the appropriate rate to be applied The SDE REDEM will have a value 1 for redemption event and 0 otherwise f REDEM 1 and MONTHS_FROM_START lt 1 then the least of above will be considered as redemption interest rate to be applied on the redeemed amount If REDEM 1 and MONTHS_FROM_START gt 1 the least of options 2 3 4 will be the rate payable to the customer This can be achieved by setting two non booked credit interest formulae to select the least among 1 2 3 and 2 3 4 respectively Instead of MONTHS_FROM_START being checked against a numeric value 1 bank can also define a UDE in the formulae condition for the RHS right hand side and define the value for the UDE in Interest and Charges User Data Element Maintenance or IC special condition screen during TD booking In the Redemption Simulation screen while performing Redemption simulation the system will display interest amount as per the formula set up The interest ra
196. er nl ORACLE 5 9 Capturing User Defined Fields All User Defined Fields UDFs linked to the function ID STDCUSTD are displayed in the User Defined Fields screen Invoke this screen by clicking Fields button on the Deposit Account Booking screen User Defined Fields FI Field Name LBL_FIELD_VAL_DES Here you can specify values for each UDF Refer the User Manual titled User Defined Field for details about defining UDF s Click Fields button on the Deposit Account Booking screen and invoke the User Defined Fields screen 5 10 Specifying Account Signatory Details Click Signatory button on the Deposit Account Booking screen and invoke the Signatory Details screen Signatory Details Account Number Account Branch Account Description Currency Minimum No of Signatories Account Message Signatory Details 1 Of 1 Customer ID Relation Type Signature Id x Signatory Name Signatory Type Here you can capture the following details mae ORACLE Branch code The system defaults the current branch here Account This is the account number to which signatories are to being linked Account description The system displays the description for the account you have selected Customer No Enter the customer signatory you want to link to the account You can link a customer signatory to an account eithe
197. er be generated automatically or you can choose to allocate them manually If you have enabled auto generation of customer account numbers at the bank parameters level the system will create a unique reference number to identify the TD account and display it here on pressing the P populate button In case of manual number allocation specify a unique account number In case of a child TD creation as part of payout of parent TD the number will be automatically generated Term Deposit Currency Specify the currency of the TD A list of all the currencies maintained in the system is displayed in the available option list You can select the appropriate one The TD will be created in the term deposit currency specified here SD User Reference The system displays the SD user reference for the TD This is the SD user reference number of the TD created out of structured deposit Account Class Specify the account class to which the particular account belongs You can select the appropriate account class from the option list that displays all deposit type of account classes maintained in the system Account classes that have surpassed their end date expired will not be displayed in the option list If the start date of the selected account is a future date then on clicking Populate button the system will display an error message indicating that the account class was not available yet Pav In Option Pav in Bv Select the pa
198. erence C Advanced Search Reset Number Parent Account Maker ID Authorized Records perpage 15 v 1011 Redemption Reference Number Branch Code Parent Account Branch Code Customer ID Checker Id Contract Status CustomerID Maker ID Checkerld Authorized You can query on records based on any one or all of the following criteria Authorization Status Record Status Redemption Reference Number Branch Code Account Number Transaction Date Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them Authorization Status Record Status Redemption Reference Number Branch Code Account Number Transaction Date Customer Id Account description Redemption Amount Action Redemption By Currency Redemption Mode 6 31 ORACLE 6 6 6 7 6 7 1 e Bank Narrative e Savings Narrative e GL Narrative Note Note the following You can query or modify the account details of the customers whose accounts are permitted to you for the query modification in the Group Code Restriction screen Ifyou are allowed to query customer information then system displays the details pertaining to the fetched records You can query modify and amend other branch transactions through the summary screen Premature Redemption of Top up Deposit While doing a premature
199. erest amp Principal to Unclaimed can be checked o ORACLE Move Interest to Unclaimed Check this box to move the interest amount to the unclaimed GL mapped at the IC product in the accounting roles on grace period end date If you select this option you will have to check the box Move Principal to Unclaimed also If Move Interest to Unclaimed is not selected then the Interest Payout Option should be provided manually to pay out the interest If interest payout account is not specified Interest Booking is the same TD then as the interest gets capitalized on the same TD entire proceedings will be moved to Unclaimed GL Move Principal to Unclaimed Check this box to move the principal amount to the unclaimed GL mapped at the IC product in the accounting roles and liquidate the interest amount to the interest booking account on grace period end date If you have checked the option Move Interest to Unclaimed it is mandatory to check Move Principal to Unclaimed If both options are checked on the maturity date or at the end of grace days the system will close the TD and move the proceeds to the unclaimed GL maintained at IC product Note If both principal and interest have to be moved to unclaimed then interest booking account should be a TD account only If not an error message Booking account should be TD ac count when move Interest to unclaimed is checked will be displayed Initial Deposit Amoun
200. ermined conversion rate on the fixing date The fixing date may be few for instance 2 working days prior to deposit maturity Thus at maturity the lender shall receive the principal and interest in either the deposit currency or the linked currency whichever is weaker In other words while taking the deposit the bank also buys a currency option from the depositor and the enhanced interest is the premium the bank pays for this option Term Deposit in Oracle FLEXCUBE In Oracle FLEXCUBE you can create and service a deposit TD RD and DCD either through the TD module or by using the Savings Teller Branch module Salient Features The salient features of TD module are listed below e Automation Accounting collateral tracking rollover handling and accounting and tracking of unclaimed deposits are completely automated This means your staff with the treasury department can remain focused on customer service e Multi Mode Pay in TD can be funded using multiple pay in modes You can choose any combination of the following pay in modes Pay in by transfer from GL Pay in by Savings Account sil ORACLE 2 2 2 Pay in by Cash Only from Savings module Pay in by Cheque Multi Mode Pay out In case of automatic and manual redemption a TD can be redeemed using multiple pay out modes You can choose any combination of the following pay out modes Pay out by Banker s Cheque Pay out by funds t
201. es and duplicate deposit advice can be printed using the Term Deposit Certificate screen You can also do a partial printing of denominated deposit certificates i e print few certificates at one point of time and the balance certificate later To invoke Term Deposit Certificate screen type ICDBADHC in the field at the top right corner of the Application tool bar and click the adjoining arrow button Term Deposit Advice Mm New Advice Customer Account Number No of Advices Generated Stock Catalog Code Certificate Number Rollover Issue Mark As Duplicate Ganarata Auto Generate Certificate No You need to specify the following details Advice Account Number Specifv the account for which vou want to generate an advice The adjoining option list displavs all valid accounts maintained in the svstem Vou can select the appropriate one Account Description The description of the selected account number is defaulted here Term Deposit Amount The deposit amount of the selected TD account is defaulted here Branch Code The svstem displavs the branch code Account Currencv The currencv of the selected TD account is displaved here b ORACLE 6 8 1 Capturing Regular Deposit Details If the TD account selected is a regular deposit and not a denominated deposit then this tab is enabled The following details are captured here Term Deposit Certificate E New Advice Account
202. es the product description of the IC product Product Currency This indicates the Currency of the TD account class Currency Total This indicates the Currency wise total for deposit amount Interest Payable and Maturity Amount 10722 ORACLE Auto Rollover Will indicate whether the TD is Auto Rollover or not Stock Catalogue Code This displays Stock Catalogue Code for the TD certificate num ber Certificate Number This indicates the certificate number Duplicate issue This indicates Y N based on the duplicate certificate genera tion for TD account Interest Rate Based on This indicates whether the interest rate for the deposit is Cumulative Amount arrived using cumulative amount or not 10 13 Term Deposit Account Maturity Date Change Report You can generate the TD account maturity date change report for term deposits that have the maturity date adjusted due to adhoc holiday change You can generate this report using the Term Deposit Maturity Date Changed Due to Change in Holiday Calendar screen You can invoke this screen by typing TDRMDCHG in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Term Deposit Maturity Date Changed due to Adhoc Change in Holiday Calendar Pale Save Branch Code Branch Description Customer Name Customer S lin Deposit Account Number E To Date E From Date E3
203. esponsible for any loss costs or damages incurred due to your access to or use of third party content products or services Contents Preface Sones Bi Sa AN 1 1 We UMTMOMUGHON A PE ies 1 1 V2 PAUGION CO i tt habia E T ea eina A AE 1 1 1 3 Documentation Accessibilitv nn rna nnnn tn nn 1 1 1 47 Organizatioti aatar aa a ARAE A ETE EA AAA 1 1 1 5 Related Documents ii iii ita a a e a E se 1 2 4 6 Glossary or lCOnS A iat e a a Me nial 1 2 Term Deposits An Overview ssseeennnnnnnnnnnnnzznnznnznnznnunznnzzzzmmzzennnzznzz 2 1 2 1 Introduction issir 2 1 2 2 Term Deposit in Oracle FLEXCUBE na 2 1 22 4 Salient Features wisi isa iii a a a 2 1 2 2 2 Pre requisites for TD Processing nanna 2 2 Term Deposit Maintenance cccccceeeeeeeeeeeeeeeeneneneeeeeeeeeeeeeeeeeeeeeeeenaeees 3 1 3 1 Maintaining Payin Parameters Le nnnnnnennnnnnnnnnn anna mnn ann ntmnnn an 3 1 3 1 1 Specifying UDF Values sieieuzzinzzineniznnzznentinzzonnzitizzijnaminzzzzntlkazzjnnzanizzz 3 2 3 1 2 Validations for Pav in ACCOUNES L nanna 3 2 3 2 Viewing Payin Parameters Summary L Ll Les eennnnnnnnnznnnnnnnnnnnannntrnn nanna ntnnnn nat 3 3 3 3 Maintaining Closing Mode 220L nn nanna nr nn nanna T AET 3 3 3 3 1 Specifying UDF Values nanna nn nanna 3 5 3 4 Viewing Closing Modes SUMMATV L ne neennnnnnnnnnn arana nanna mnn nnnmn na 3 6 3 5 Maintaining Account Class for TD L nanna nanna
204. est Rate Based on Interest Booking Account Cumulative Amount Interest Start Date Charge Start Date Interest Booking Branch Charge Booking Account Interest Statement Dr Cr Advices Charge Booking Branch Product Details 10f1 Product Code UDE Currency Waive Charges Generate UDE Change Advice Open LBL_CONTVARROLL Effective Date 1 0f1 MI Effective Date Open m UDE Values 10f1 This screen comprises two tabs viz el ORACLE 5 11 5 e Interest e Deposit Interest Tab interest preferences for Child TD You need to capture the following details here Interest Tab You can capture the following interest related details Calculation Account Select the calculation account of the child term deposit from the option list All the CASA accounts and the current TD account for which child TD is to be created will be available for selection in the option list Interest Booking Account You can select the accounts for booking interests on transactions processed at your bank Charge Booking Account You can select the accounts for booking charges on transactions processed at your bank Interest Statement You can also indicate if you would like to generate an interest statement for the account The Interest Statement will furnish the values of the SDEs and UDEs and the interest rule that applies on the account Consolidated Charge Account Specify the account The option list consolidated change account
205. est and Charge IC rules that Chapter 9 need to be maintained for the TD module of Oracle FLEXCUBE It also gives the UDEs and rates for which values need to be maintained Chapter 10 Reports provides a list of reports that can be generated in this module and also explains their contents Function ID Glossary has alphabetical listing of Function Screen ID s Chapter 11 iu used in the module with page references for quick navigation Related Documents e Procedures User Manual e Settlements User Manual e Core Entities User Manual Glossary of Icons This User Manual may refer to all or some of the following icons Icons Function IX Exit Add row e Delete row EE Option List lia ORACLE 2 1 2 2 2 2 1 2 Term Deposits An Overview Introduction A Term Deposit TD also known as fixed deposit is a deposit that is held at a financial institution for a fixed term A fixed deposit account allows customers to deposit money for a set period of time thereby earning a higher rate of interest in return These are of varying maturities ranging anywhere from a day or a month to a few years When a term deposit is placed the lender the customer understands that the money can only be withdrawn after the term has ended and in case of premature withdrawal the financial institution can levy a penalty In some cases the customer may be required to give notice of withdrawal of term de
206. eter selected at the TD Account Currency Change Report STRACCH Screen Body of the Report The following details are displayed as body of the generated report Field Name Field Description Currency Change Account Indicates currency Change Account Account Number Indicates account number Account Description Indicates description of the account number Account Open Date Indicates date of Account Opening Transaction Date Indicates date of currency change transaction Old Account Cur rency Indicates currency of the account before the currency change Deposit Balance Indicates the deposit balance in the old account currency before the currency change Interest Rate Indicates applicable interest rate for the deposit before the currency change Interest start date Indicates date of interest start date for the deposit account Maturity Amount Indicates the maturity amount in the old account cur rency Maturity Date Indicates maturity date for Deposits New Account Cur rency Indicates new account currency based on the currency change transaction Deposit Balance Indicates the deposit balance in the new account cur rency Interest Rate Indicates applicable interest rate for the deposit after the currency change Maturity Amount Indicates the maturity amount in the new account cur rency Maker ID Indicates user ID
207. f the branch where TD is held _BRNADD1_ Branch address line 1 _BRNADD2_ Branch address line 2 _BRNADD3_ Branch address line 3 _REF_ TD Account Number _CUSTID_ CIF ID _CUSTNAME _ Customer name _ADD1_ Customer address line 1 _ADD2_ Customer address line 2 _ADD2_ Customer address line 3 _ADD4_ Customer address line 4 _CCY_ Currency of Term Deposit _AMT_ Term deposit amount DEPTTENOR Term Deposit Tenor _ORGDEPTENOR_ Original tenor of deposit before holiday adjustment __DEPTTENORADJ_ Value V if tenor is adjusted due to holiday else NULL _MATDATE_ Maturity Date _ORGMATDATE_ Original maturity date of deposit before holiday adjustment _MATADJ_ Value Y if Maturity Date Adjusted due to holiday else NULL _MATHOL_ Value Y if maturity date is falling on a holiday else NULL Redemption Advices This redemption advice will be generated only for term deposits with option Redemption Advice Required checked at the product level A message type TD REDM will be used Tag Description ORACLE _BRANCH_ Branch code of the term deposit _REF_ TD account number _BRANCHNAME _ Branch name where term deposit is held _BRNADD1_ Branch address line 1 _BRNADD2_ Branch address line 2 _BRNADD3_ Branch address line 3 _CUSTID_ CIF ID _CUSTNAME _ Customer name _ADD1_ Customer address lin
208. ffective from the adjoining drop down list Click Formulas button and invoke the Formulas screen anan Periodicity Daily BookFlag Booked ki Days in a Month Actuals Interest Method Default From Currency Definition Formula Number DaysinaYear Actuals v Rounding Required Debit Credit Debit Accruals Required Tax Category a Tax Description Calculation Parameters Booking Basis Percent Basis Amount Option Method l ILocal Currency Basis Tax Payable Currency Flag Tax Amount Option Method Book Tax To Expense Account Decimals Decimals Units ii J Units MMA Bi Formula Wizard Vou need to maintain two booked formulae and one tax formula Formula 1 Specifv the following details Book Flag Select Booked from the adjoining drop down list Debit Credit Select Credit from the adjoining drop down list Davs ina Month Select 30 Days from the adjoining drop down list sa ORACLE Days in a Year Select 360 from the adjoining drop down list Accrual Required Check this box Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen Formula Wizard Formula Wizard L Expression Case Result ej E
209. floating rate term deposit system can do any of the following e Pick up a new rate for the amount being redeemed and recalculate the interest e Pick up a new rate for the remaining principal amount and recalculate the interest e Recovering already paid interest from the redemption amount Rate Pick up and Interest Recalculation for the Redemption Amount For Pre mature redemption of rate chart allowed term deposit system re calculates the interest for the principal amount being redeemed with any one of the following interest rate as defined in the field Interest Rate for Redemption Amount e Continue Existing The contracted interest rate for the deposit to continue This is the rate applicable to the account just before the current redemption G a ORACLE e As on Opening Date Corresponding interest rate for the completed tenor and redeemed amount applicable as on the opening date for the deposit interest rate code The completed tenor will be used to pick the rate e As on the Redemption Date Corresponding interest rate for the completed tenor and redeemed amount applicable as on the current redemption date for the deposit interest rate code The completed tenor will be used to pick the rate e As on the Rate Revision Events Corresponding interest rate for the redemption amount and completed tenor will be re picked for each event where the rate revision is done For e g If the interest rate for the deposit is chan
210. frequency of notification to be sent The frequency can be one of the following e Daily e Weekly e Monthly e Quarterly e Half yearly e Yearly Note Notification will be sent only if the check box Send Notification is checked in Account Class Maintenance screen A ORACLE the account status is active and authorized the mandatory documents are not submitted Notifications will be sent based on the frequency specified First notification will be sent on the expected date of submission or expiry date If notification date falls on a holiday then system will send the notification on next working day Days Reminder System defaults the number of days left for the expiry or submission due date of the documents for sending the reminder System will send the following reminders Reminder prior to the submission due date of the document Reminder prior to the expiry date of the document Overdue notifications after the due date if the document is not submitted based on the frequency Notifications after the expiry date if the document is not submitted after the expiry date Note Reminder will be sent only if the mandatory documents are not submitted the account status is active and authorized Reminder will be sent only once If reminder date falls on a holiday then system will send the notification on next working day Reminder will be sent prior the number of days specified a
211. from customer 250 USD Penalty amount to be recovered 99 USD Net Amount paid to the customer after full redemption 10000 250 99 9651 USD Formula for creating new Redemption Transaction The following formula will be used to calculate notice account while creating redemption transaction DEPOSIT AMOUNT SDE for Deposit Balance DAYS SDE for Days Period SDE NOTICE ACCOUNT either return a value 1 or 0 UDE NOTICE_INTEREST will be used for calculation when redemption is done based on Notice Instruction UDE NON_NOTICE_INTEREST will be used for calculation when redemption is done without Notice Instruction Condition Formula Return Valefor DEPOSIT_AMOUNT NOTICE INTEREST 100 DAVS NOTICE ACCOUNT 1 YEAR Return value for DEPOSIT_AMOUNT NON_NOTICE_INTEREST NOTICE ACCOUNT 0 100 DAYS YEAR The formula to calculate the Notice account is as follows Condition Formula DEPOSIT_AMOUNT gt 0 DEPOSIT_AMOUNT DAYS TERM_RATE 100 AND NOTICE_AC YEAR COUNT 0 DEPOSIT_AMOUNT gt 0_ DEPOSIT AMOUNT DAYS NOTICE_INTEREST 100 AND NOTICE_AC YEAR COUNT 1 9 16 ORACLE 9 2 5 9 2 6 UDE Value Maintenance You can maintain UDE values for the rules using the Interest amp Charges User Data Element Maintenance screen You can invoke the Interest amp Charges User Data Element Maintenance screen by typing
212. function ID STDTDPAY are displayed in the User Defined Fields screen Invoke this screen by clicking Fields button on the Term Deposits Payin Parameters Maintenance screen User Defined Fields Field Name Value Description Here you can specify values for each UDF Refer the User Manual titled User Defined Field for details about defining UDFs Validations for Pay in Accounts System performs the following validations on pay in accounts during TD account Save stage accounting entry passing stage When a deposit account is created or topped up with the pay in from a CASA account if the account does not have funds but has a limit line attached to the account then the deposit amount is taken from the limit attached the account In this case during save system displays the configurable override message The limit amount attached to the account is used for deposit pav in If the deposit is opened using the funds from a CASA account which does not have sufficient funds and the limit line attached to the CASA account is expired then on save system displays an override message The pay in account does not have sufficient balance to open the deposit account and the limit line attached to the account is expired When a deposit account is created or topped up with the pay in from a CASA account if the account does not have funds but has a limit line attached to the account a
213. g YES Rate change on rollover Cumulative This deposit This deposit This deposit flag YES amount tenor amount tenor Floating Rate Premature redemption remaining amount Par tial one ORACLE 3 9 Premature Redeemed Completed Redeemed Completed Redemption amount tenor amount tenor Amount Full Partial When a deposit is opened automatically like auto deposits auto rollover etc the Interest Rate Based on Cumulative Amount option from the account class is defaulted to the account level For deposit opening rollover from channels this option can be set and send through the channel itself else if it is not explicitly mentioned then the Interest Rate Based on Cumulative Amount option set from the account class is defaulted and applied Once a deposit is opened even if any of the deposit used to arrive at the interest rate is closed the interest rate for the deposit remains the same This is applicable for Dual Currency deposits TDs created through Structured deposits and Denominated deposits The interest statement deposit advices deposit certificate ICCOD ICCOD_SIM TDMM advice Input slip advice TD_ROLL statement for the deposit account will have the advice Tags _INTCUM and BASEAMT_ Ifthe Interest Rate Based on Cumulative Amount box is checked for the deposit then the advice tag _INTCUM will have value Y and t
214. g deposit details in this screen based on the following mandatory parameters e Branch Code e RD Account Number Note System displays a description of the Recurring Deposit account once the querying param eter is selected Select any of the parameters for a query and click Query button The records meeting the selected criteria are displayed System displays the following Recurring Deposit details e Account open date e Installment Amount e Installment frequency e Deposit Tenor e Number of successful installments e Number of un successful installments oe ORACLE Number of installments paid Number of outstanding installments This displays the outstanding installments only up to the suspension date Interest Rate Maturity Date Maturity amount Installments Suspended Suspension Date kai ORACLE 5 TD Additional Details 5 1 Capturing Additional Details You can capture additional details for the account by clicking the following buttons in the Deposit Account Booking screen Button Function Interest This invokes the IC Special Conditions Maintenance screen Charges This invokes the Account level charges conditions screen Linked Entities This invokes the Linked Entities screen Restrictions This invokes the Products and Transaction Codes Restriction screen MIS This invokes the Management Information System screen Statement This i
215. g option list displays all valid currency codes maintained for auto deposit account classes which are active and authorized You can select the appropriate one If you want to restrict auto deposit in account level delete the defaulted AD account class and save the account Tenor The system displays the default tenor maintained for the linked account class in terms of Years Months and Days Sweep Multiple of Indicate the number in multiples of which the sweep should be carried out Start Date Indicate the date from which instructions should be valid using the adjoining calendar Retry Till Date Indicate the date post which the instructions will be rendered invalid Any failed sweeps after this date will not be picked up for processing the next day While saving term deposit instructions e If active auto deposit accounts already exist for the Account the system will display an error message as Active Auto Deposits are already exist Cannot modify the Account Class Currency e The system validates if the deposit currency is part of the Interest and Charges Product s account class and currency combination of the Deposit Account class If not the system will display an error message as The Auto deposit Currency is not part of the Interest and Charges Product s account class and currency combination ot ORACLE 5 18 1 Specifying UDF Values All User Defined Fields UDFs linked to the function ID ICDINSMT are displaye
216. g values e Client e Server Printer Specify the name of the printer or select it from the option list provided The adjoining option list displays all the configured printers This is applicable only if you have specified the output as Print Click the Ok button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the generated report will have the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date User ID Operator generating the Report Report From Date Date from which the report is generated 10723 ORACLE Report To Date Date till which the report is generated Body of the report The generated report will have the following information Field Name Field Description Customer ID This indicates the customer ID Customer Name This indicates the customer name Deposit Account Number This indicates the deposit account num ber Account Description This indicates the account description Account Branch This indicates the account branch Account Currency This indicates the account currency Deposit Amount This indicates the deposit a
217. ge Yield The system displays the annual percentage yield for the applicable interest rate Click Clear button to clear the available data in simulation screen at any point of time Click View Print Advice button to view or print the simulation details 6 17 1 Redeeming a TD Click Redeem Deposit button to redeem the term deposit Redemption Simulation Screen Save Existing Deposit Details kal TermDepositAccount _ iA Account Description Number CustomerID Customer Name Branch Code 001 Account Currency Principal Amount Account Balance Account Open Date 7 Vi Interest Rate enor Years interest Paid Out Months Tax Collected Days Maturity Date Maturity Amount Redemption Details Redemption Execution Date E Redemption Mode Partial Redemptioniz Redemption Amount aive Interest Naive Penalty Payment Details of Redemption Interest Rate Total Interest Penalty Amount Tax Amount Net Interest Net Payable Amount Deposit Details After Redemption Term Deposit Amount Interest Rate Interest Earnings Tax Deductions New Maturity Amount APY TD Payout Details input By Date Time Authorization Status Status o gt ORACLE 6 18 System enables the fields related to deposit redemption System defaults the fields maintained in the Redemption Simulation screen You can modify the following details Term Deposit Account Number Redemption Execution Date Redem
218. ged for each interest liquidation cycle and on the top up date then the interest rate is re picked for the redemption amount and completed tenor for each liquidation cycle date and top up date e Special Rate Code A fixed rate effective as on current redemption date The rate code defined using ICDRATMA screen is to be captured in case of fixed rate The rate code is captured at the STDACCLS screen Special Rate Code field The pick list for this field will display only the rate codes defined using the ICDRATMA This field is mandatory for this option There will be a validation available for the same and if the validation fails system displays an error message The special rate code field is mandatory for the interest rate for redemption amount 6 7 2 Rate Pick up and Interest Recalculation for the Remaining Principal The interest rate for the remaining principal amount after premature partial redemption i e interest rate after redemption can be any of the following e Continue Existing The contracted interest rate existing rate of the deposit to continue This is the rate applicable to the account just before the redemption e Ason Opening Date Corresponding interest rate for the deposit tenor and remaining amount applicable as on the opening date applicable for deposit opening date The deposit tenor is used to pick the rate e As on Redemption Date Corresponding interest rate for the deposit tenor and remain
219. he Report Body of the report The generated report will have the following information grouped by branch code Field Name Field Description Branch Code Indicates the branch for which report is taken Account Class Code This indicates the Account Class Code Account Class Name This indicates the name of the account class Currency This indicates the account currency Account Number This indicates the account number Interest rate This displays the interest rate of the account Maturity Amount This displays the maturity amount as per new calculation Customer Name Indicates the customer name Payment Method Indicates the payment method defined at IC product level for the TD account Interest Paid today Indicates the interest liquidated and due for today This field will be displayed only on the day the interest is liquidated Interest Paid till date Indicates the total interest liquidated till date t0710 ORACLE 10 7 Amount Interest Rate Based This indicates whether the interest rate for the deposit is arrived on Cumulative using cumulative amount or not Following elements will be displayed for Totals Field Name Field Description Product Wise Total Interest Paid Today This indicates the product wise Account class total for interest paid today in ACY Product Wise Total Interest Paid To
220. he adjoining arrow button LBL_TDRSOACC Branch Code Report Format PDF Printer At Client Report Output Print Printer Branch Code Specify the branch code The system will generate the interest paid report for the branch code that you have selected On failure to specify the branch code the system generates the report for the accounts of all branches Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body of the Report The report will have the following elements Field Name Field Description Customer No This indicates the customer number Customer Name This indicates the name of the Customer Address This indicates the address of the Customer 10 12 ORACLE 10 8 Account No This indicates the customer account number Current Balance This indicates the current balance in the account Transaction Date This indicates the date of transaction Formula N
221. he due days due date installment amount and RD contract status Due Date The system displays due date of the installment Installment Amount The system displays installment amount Payment Date Specify payment date for the RD Normally the payment date is the same as the transaction date Due Days The system displays overdue days in case payment is overdue Viewing Accounting Entries Click Events button in the Recurring Deposits Payment Input screen and view accounting entries ca ORACLE 7 2 2 Specifying UDF Values All User Defined Fields UDFs linked to the function ID ICDRDPMT are displayed in the User Defined Fields screen Invoke this screen by clicking Fields button on the Recurring Deposit Payment Input screen User Defined Fields Field Name Value Description Here you can specify values for each UDF Refer the User Manual titled User Defined Field for details about defining UDFs Click Fields button on the TD Accounts Maintenance screen and invoke the User Defined Fields screen TA ORACLE 7 3 Viewing Payment Summary You can view summary of all RD payments using the Recurring Deposit Payment Summary screen To invoke this screen type ICSRDPMT in the field at the top right corner of the Application tool bar and click the adjoining arrow button Recurring Deposit Payment Sum
222. he parameters specified while generating the report are printed at the beginning of the report Other content displayed in the report is as follows Header The following details are displayed in the header section Field Name Field Description Report Name Indicates Report Name Branch Indicates Current Branch code and Branch Name User ID Indicates the Identification of the User Branch Date Indicates the date of Branch in which report is taken Page No Displays Page No out of total No of pages in report Module Indicates the Module of the Report Report Run Date and Time Indicates Current System Date and Current System time Body of the Report The body of the report displays e Branch e Customer Number 10 ORACLE 10 20 4 Failed Notice Instructions Report You can generate failed notice instruction report using Failed Notice Instructions Report screen You can invoke this screen by typing STRFAINT in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Failed Notice Instructions Report Account Branch a Report Format IPDF PrinterAt Client Y Report Output Print Printer Specify the following details Branch Code Specify the valid branch code This adjoining option list displays all valid branch code maintained in the system You can choose the appropriate one Click OK button to generate the
223. he redemption transaction e Failed If the instruction has been provided to perform auto liquidation on Notice Maturity Date the system will change the status of the notice instruction to Failed if the redemption transaction has been failed due to any reason Further processing of failure transactions needs to be handled operationally e Expired If there is no auto liquidation has been provided Auto liquidation provided but notice instruction failed on the maturity date also the notice has not been redeemed on the Notice Maturity Date manually then the system will change the status of the notice instruction to Expired on the EOD of Notice Maturity Date If the notice instruction has been provided within the lock in period then the Notice Maturity Date date should be more than or equal to the Account Opening Date Lock in Period or Notice Date Notice Days whichever is higher Following are the validations required for Notice Amount against Deposit Available balance e The Notice Amount provided should be less than or equal to the deposit available balance e The Notice Amount entered will be validated against the available balance of the deposit account e f multiple records are available in the grid the aggregate values available in Notice Amount field will be validated against the available balance of the deposit account e Only Active and Failed notice instruction records will be co
224. he selected criteria are displayed System will only fetch records for the group code allowed for the user If a user tries to query customer information which is restricted for him system displays the error message No query results found for the specific criteria If you are allowed to query customer information system displays the following details pertaining to the fetched records e Authorization Status e Record Status e Branch Code e Term Deposit Account Number e Description e Customer Number e Term Deposit Currency 4 28 ORACLE 4 3 e Account Class e Account Open Date e Alternate Account Number e Account Number e Account Type Viewing Recurring Deposit Details You can view the details of Recurring Deposit using the RD schedule enquiry screen You can invoke this screen by typing RDDSCHEQ in the field at the top right corner of the Application tool bar and click the adjoining arrow button RD Schedule Enquiry 7 Enter Query Query Criteria Branch Code 000 iet Account Description 00008111 RD Account Number 000008111058 lew Account Details Account Open Date 2011 01 04 Number of Successtul 0 Installment Amount 1500 Installments Installment Frequency 1Month Number of ew 1 Deposit Tenor 365 Number of Installments Paid 0 Rate 10 Number of Outstanding 12 MaturityDate 2012 01 04 Installments Maturity Amount 18981 28 Installments Suspended Suspension Date You can query recurrin
225. he tenor should be specified within the minimum and maximum tenor limits maintained at the account class level The tenor months cannot be greater than 11 months and if tenor months is specified the tenor days cannot be greater than 30 days 8 26 ORACLE The tenor is represented in terms of years months and days For example if the deposit tenor is 185 days it should be represented as 0 years 6 months and 5 days You need to specify the values in the appropriate fields Maturity Date The system picks up the maturity date from the default tenor from the linked account class and displays it here However you can modify this date Auto Rollover Check this box to automatically rollover the deposit you are maintaining You have to indicate Rollover Type on selecting this option Close on Maturity Check this box to close the term deposit account on maturity date and transfer the amount as per the pay out details maintained for the TD Move Interest to Unclaimed Check this field to move the interest amount to the unclaimed GL mapped at the IC product in the accounting role INT UNCLAIMED on grace period end date If you select this option you will need to check the box Move Principal to Unclaimed Move Principal to Unclaimed Check this box to move the principal amount to the unclaimed GL mapped at the IC product in the accounting role PRN UNCLAIMED and liquidate the interest amount to the interest booking acco
226. heck the box Move Principal to Unclaimed Move Principal to Unclaimed Check this box to move the principal amount to the unclaimed GL mapped at the IC product in the accounting roles and liquidate the interest amount to the interest booking account on grace period end date If you select this option the principal liquidation account should not be specified Rollover interest rate based on cumulative amount Check this box to opt for cumulation at the time of rollover oe ORACLE Next Maturity Date On selecting the rollover for the TD account the system defaults the next maturity date from the previous tenor of the deposit Deposit Tenor The system calculates the tenor of the deposit account to the difference between Interest start date and Maturity date and displays it In case of change in maturity date the system changes the value of this field Rollover Type Indicate the components that should be rolled over by choosing one of the following options e Principal e Principal Interest e Special Amount e Interest Rollover Amount If a special amount is to be rolled over you have to specify the amount less than the original deposit amount in this field Pavout Tvpe Indicate the method for initial funding during account creation Choose one of the following options e Account Number e General Ledger e Bankers Cheque e Payments Percentage Specifv the percentage of the amount that be rolled over Offset Branch
227. hi ToDate 04 JAN 2011 B Report Format PDF Printer At Clien Report Output l View x Printer RH Specify the following details Branch The system displays the branch code Customer Specify the customer number You can also select the valid customer number from the adjoining option list From Date The system displays From Date details To Date The system displays To Date details Click OK button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The remaining content displayed in the report is as follows 13 ORACLE Header The following details are displayed in the header section Field Name Field Description Report Name Indicates Report Name Branch Indicates Current Branch code User ID Indicates the Identification of the User Report From Date Indicates From Date of the Report Report To Date Indicates To Date of the Report Branch Date Indicates the date of Branch in which report is taken Body of the Report The following details are displayed as body of the generated report Field Name Field Description Customer Identification Indicates the customer number Customer Name Indicates the customer name Deposit Account Number Indicates the deposit account num
228. his tag provides the option to display statements similar to Interest rate for the deposit arrived using the cumulative amount of deposits available for the customer Also the advice tag BASEAMT will have the value Y and display the value of Base Amount for arriving at the interest Rate Maintaining Pre Closure Factor Details You can maintain the redemption factor for a combination of TD tenor and completed tenor slabs using Pre Closure Factor Input screen The Pre clousre factor maintained at home branch level will replicate into all the branches as the same will be able to modify in individual branch wise You can invoke this screen by typing STDPCFCT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 9 89 ORACLE Pre closure Factor input a Save ate Code ied Branch Code 000 Pre closure Factor Id Description TD Tenor Slab Completed Tenor Slab 1011 E E 104 HEE m Years Months Days a F Years Months Days Payout Factor a LETTA Checker Mod No Date Time Date Time Record Status Authorization Status You can enter the following details Rate Code Specify the rate code details Branch Code The system displays the logged in branch code Pre Closure Factor Id Specify the pre closure factor ID The adjoining option list displays all valid pre closure Ids maintained i
229. hoosing the Close on Maturity option while creating the TD A deposit acquires the specifications for the account class under which it is opened you can change this If you choose the Close on Maturity option during the Beginning of Day operations on the Maturity Date the account will be closed The principal will be moved if specified to the account your customer has directed If the deposit remains unclaimed you can opt to move the principal and interest to the respective Unclaimed GLs maintained at your bank Transferring to Unclaimed Deposit on Maturity As explained in the Main Tab section in the chapter TD Account you can move the deposit to an unclaimed GL as per options specified in Main Tab in Deposits Account Booking screen upon deposit maturity end of grace period Configure the Unclaimed Principal GL and Unclaimed Interest GL at accounting role maintenance at IC product level to move the Principal amp Interest components respectively 8 99 ORACLE 6 10 1 6 11 Moving Principal and Interest to Unclaimed GLs The following example explains this case Assume the following e 26155010000889 is the TD account opened under Account class ACCT2 for which Grace period for renewal is 1 e Interest Booking Account and Principal Liquidation account are TD accounts The TD is maturing on July 13 2010 Note that the grace period counter is 0 till the start of July
230. i sie a L a AL bnala 4 21 4 1 4 Dual Currency Deposit nn nnnn nn nanna nar 4 22 4 1 5 G e klist babe i 4 24 4 1 6 Capturing Additional Details nanna 4 26 4 2 Viewing Term Deposit Account Details mn nneennn nn nn nn nn nn 4 27 4 3 Viewing Recurring Deposit Details nanna 4 29 ID Additional Details iii ia g a a 5 1 5 1 Capturing Additional Details 2 0 0 eee nn nn nr rna 5 1 5 2 Specifying Interest Details rrei irar e e E AE RR 5 2 53 Specifying Charge Details ieoi GN AEEA TEN AOE G 5 8 5 3 1 Specifying Product Details serena 5 8 5 4 Specifying Linked Entities sinna tata 5 9 5 5 Specifying Restrictions Lena 5 10 5 6 Specifying MIS Details irene nan aa Ra RE AEE aa 5 13 5 6 1 Specifying Additional SCripts nn 5 14 5 6 2 Viewing Change LOG rer roo ae a E E TOE AEA EE T 5 15 5 6 3 Viewing Transfer LOQ cccccsccccccceneciecteceesdaecensendddensdeneddecssnsnedanecstensddeeesse 5 16 5 7 Specifying Statement Details nn nanna anna 5 18 5 8 Specifying Joint Holder Details nn nnn nr 5 20 5 9 Capturing User Defined Fields 20 00 00 0 nn nn nn nn nanna EKA EKAINA 5 22 5 10 Specifying Account Signatory Details ern nnenn mnn nn nnnnnn a 5 22 5 11 Indicating TD Payout Details csore eerie nn KEERA rna 5 24 5 11 1 Term deposit Table 5 24 5 11 2 Bankers Cheque DD Tabb se 5 25 9 11 3 Specifying PC Details nn 5 26 5 11 4 Capturing Payout Interest Details for Child TD 5 27 5 11 5 Interest Tab i
231. iance on Rollover Deposit Details After Rollover Term Deposit Amount Tax Deductions 0 31 Interest Rate Maturity Amount 2 029 61 Interest Earnings Annual Percentage Yield 9 36 Input By Authorized By Date Time Date Time Authorization Status Status System enables the fields related to deposit rollover System defaults the fields maintained in the Rollover Simulation screen You can modify the following details e Account Number e Maturity Date e Rollover Tenor e Interest Rate Based on Cumulative Amount e Continue Variance on Rollover You cannot navigate to the Rollover Simulation screen once you click on the Renew Deposit button Note Deposit rollover simulation can be initiated only for existing customers who have term deposit accounts with the Bank The renewal simulation can be done on any date before the maturity date of the deposit but only matured unclaimed deposits which are in grace period can be renewed from the simulation screen al ORACLE 6 16 Ifyou try to renew the deposit before the maturity date from simulation screen then the error message Unable to renew as the deposit is not matured is displayed Simulating TD Top Up You can simulate the term deposit top up additional investments only for the existing customers having TD account with the bank using the Top Up Simulation screen To invoke this screen type STDTPSIM in the field at the top righ
232. icate whether the account is to be opened only by the account holder or whether it can be jointly operated Select one of the following account types e Single If you select this you need to capture the details of single account only e Joint If you select this the joint holder details needs to be specified under Joint Holder sub screen Country Code Specify the country code to define country limits The adjoining option list displays all valid country codes maintained in the system You can select the appropriate one Mode of Operation Indicate the mode of operation Choose one of the following options from the drop down list e Single e Jointly e Either Anvone or Survivor e Former or Survivor e Mandate Holder Account Open Date The date on which the account has to be opened is defaulted based on the account class selected here You can however change the opening date of account In case of pay in through cheque the account open date can be a future date considering the expected date of clearing i ORACLE Alternate Account Number The system displays the account number as the alternate account number However you can change it Clearing Bank Code The code for the bank serving as clearing house for the account is displayed here Address Code Select the address code from the adjoining option list The address codes as maintained in the Address Code Maintenance screen STDADMNT are displayed in the option list When
233. ick Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report ve ORACLE Page No Page No of the Report Body of the report The generated report will have the following information Field Name Field Description Customer with deposit amount total exceeds This indicates the TD accounts of the customer with deposit amount exceeding specified amount Branch Code Indicates the branch for which report is generated Branch Name Indicates the name of the branch Customer ID This indicated the unique id of the customer whose TD accounts exceeds specified amount Customer Short Name This indicates the short name of the customer Account Currency This indicates the currency of the TD account Account Number Indicates the TD account of the customer whose current availa ble balance exceeds the specified limit Interest rate This displays the interest rate
234. icking the adjoining arrow button TD Pay in Parameters FiNew amp Enter Query Branch Codex Pay In Option PayinbyGL General Ledger Code Input By Authorized By Modification Date Time Date Time Number IM Authorized E Open To link appropriate GLs in case the pay in option chosen is pay in by GL you need to maintain the following details Branch Code Specify the branch code for which you want to maintain payin parameters The adjoining option list displays all valid branch codes maintained in the system You can select the appropriate one Pay in Option Select the pay in option from the adjoining drop down list The options available are e Pay in by GL While creating a TD if the pay in option is specified as GL and the offset account for pay in is not specified then the system debits the GL account specified in TD Pay In Parameters thus creating a TD e Pay in by Cash While creating a TD if the pay in option is specified as Cash created through TDMM and the offset account for pay in is not specified then the system debits the GL account specified in TD Pay In Parameters thus creating a TD General Ledger Code Specify the GL code that should be picked up the system for the TD pay in The adjoining option list displays all valid GLs maintained in the system You can select the appropriate one ai ORACLE Specifying UDF Values All User Defined Fields UDF s linked to the
235. idated into the Charge Booking account By default the customer s account in the current branch will be displayed in this screen in the Charge Booking Account field However you have the option of booking charge to a different account belonging to another branch also The accounts maintained in the selected Booking Branch will be available in the adjoining option list You can select the appropriate account Charges will then be liquidated into the selected account Interest Statement Check this box to indicate that you would like to generate an interest statement for the account The Interest Statement will furnish the values of the SDEs and UDEs and the interest rule that applies on the account Interest Start Date Specify the date from which the interest accruals of TD account begins You can specify the date as of booking the TD or any date in the future If you specify a date in future the system will post entries for account opening DEBK event on the account opening date with the value date as interest start date It will start interest accrual calculation on the date specified in this field and post entries for IACR event Charge Start Date For the account for which you are defining special conditions you must specify the date from which you would like to apply charges Charges for this account will be calculated according to the special conditions that you define subsequently By default charges on an account would be
236. ield at the top right corner of the Application tool bar and clicking on the adjoining arrow button Ad hoc Combined Statement Customer No Statement ID Customer Name Balance Book Dated Value Dated Based on Date Range Print Options view Oprint Server Spool apply Online Charges Send to Customer From Date To Date Report Charges Customer No Select the customer number from the adjoining option list Customer Name The system displays the customer name Statement ID Select the statement ID from the adjoining option list Balance You can select the balance to view based on the book date or value date Based on Date Range From Date Specify the from date for the combined statement generation To Date Specify the to date for combined statement generation Print Options You can print view or spool the statement Apply Online Charges Check this box to indicate that the charges needs to be applied to generate the ad hoc account statement ki ORACLE Send to Customer Check this box to send the statement to the customer Processing Ad Hoc Combined Statement You can process the ad hoc combined statement by doing the following Select the customer for which ad hoc account statement needs to be generated Select the plan ID maintained for the customer Specify the date range If date range is not specified then the system generates report for the current date
237. ils associated with the customer s deposit account For more information on specifying Interest details for TD refer to the section Specifying Interest Details in the chapter TD Additional Details in this User Manual Specifying Deposit Details Click Deposit button in the IC Special Conditions Maintenance screen to specify preferences for the simulated account LBL_DET_DEP_Ty Principal Liquidation Account Principal Liquidation Branch Next Maturity Date z Deposit Tenor Interest Start Date E Maturity Date Auto Rollover Rollover Details Principal Close on Maturity Principal Interest Special Amount Move Interest to Unclaimed Rollover Amount Move Principal to J Unclaimed Offset Account aZ Term Deposit Pay in Option Term Deposit Amount Offset Branch az Recurring Deposit Installment Frequency Auto Payment Takedown MI Move funds on Overdraft Move Maturities to Davs Unclaimed Months l Pavment Branch z Years Payment Account az Installment Amount l Recurring Deposit Account Pavment Date Pavment Currencv Specifv the following details Principal Liquidation Branch Specifv the branch in which the liquidation account is maintained The adjoining option list displavs all valid branches maintained in the
238. inations the denomination allocation pending amount and term deposit amount will be equal and once the denominations are allocated on click on the Populate button the Denomination Allocation Pending Amount field will display the difference between the Term deposit amount and the total of the total amount field i e Term Deposit Amount Total of the Total Amount field If you fail to click the Populate button then on Save the fields are updated There will be a validation for the Denomination Allocation Pending Amount to be Zero on save of the deposit If the validation fails then system displays an error message like Allocation of Denomination is not done for the full term deposit amount You can change the denomination before allocating the certificates from the Term Deposit Certificate ICDBADHC screen by unlocking the Deposit Account Booking STDCUSTD screen But if the denominations are to be changed after allocating the certificates from Term Deposit Certificate ICDBADHC screen the process of re denomination has to be followed Note The interest rate pickup and the interest calculations are based on the entire deposit amount and not on each certificate denomination TD accounts opened after the interest start date will not be considered for arriving at the cumulation amount The interest rate based on cumulative amount is applicable if Interest
239. 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 affiliates will not be r
240. ing amount applicable as on the current redemption date The deposit tenor is used to pick the slab rate e As onthe Rate Revision Events Corresponding interest rate for the remaining amount and deposit tenor will be re picked for each event where the rate revision is done For e g If the interest rate for the deposit is changed for each interest liquidation cycle and on the top up date then the interest rate is re picked for the remaining amount and deposit tenor for each liquidation cycle date and top up date e If the interest is compounded i e liquidated to the same deposit account then it is not considered while arriving at the principal amount for interest pick up 6 7 3 Recovering Paid Interest from the Redemption Amount For premature redemption the interest amount is recalculated for both redemption amount and the balance principal amount In case the interest already paid is greater than the interest liable to be paid as of redemption date then the difference amount needs to be recovered from the interest booking account This is applicable to partial and full premature redemption of term deposits The following override message is displayed to the authorizer only during authorization Interest adjustment amount is debited from the interest booking account of the customer Do you want to Proceed B a ORACLE 6 8 Generating or Printing a TD Certificate Once a denominated deposit is opened the certificat
241. ing of Day operations on the Maturity date You can define the terms and conditions for the new deposit while maintaining the deposit account Close on Maturity Deposit accounts opened under an account class can be closed automatically on the Maturity Date of the deposit You can specify this for the account class you are maintaining by checking this box If you check this box then during the Beginning of Day operations on the Maturity Date the account will be closed The proceedings will be moved to the account your customer has 39 ORACLE directed In case you don t check this box and the deposit remains unclaimed you can opt to move the principal and interest to the respective Unclaimed GLs maintained at your bank Note If you check the Auto Rollover box you will not be able to check Close on Maturity box Your specifications here will default to all deposit accounts opened under the account class However when maintaining a deposit account you can change the specifications that default Note that this box has to be mandatorily checked if you check the box Recurring Deposit in the Deposit Account Details screen Bonus Interest Check this box to indicate that the bonus interest is applicable for the Recurring Deposit product Note Bonus interest for recurring deposit is applicable only for FCY deposits Bonus Factor Specify the rate at which bonus interest has to be paid
242. intained in the system You can choose the appropriate one Click OK button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name 10 1 ORACLE Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body of the report The generated report will have the following information Field Name Field Description Account No This indicates the account number Customer No This indicates the customer number for whom TD is opened Customer Name This indicates the Name of the TD account holder Date of Open This indicates the TD account opened date Value Date This indicates the Value Date of the TD account Deposit Amount This indicates the Deposit Amount Deposit Term This indicates the TD Tenor in days months amp years TD Maturity Date This indicates the Maturity date of the TD account Total Interest Payable This indicates the
243. interest computed during deposit booking with discounted option will be paid to the interest booking account When Amount block option is checked at the product level the amount block will be created on the TD account to the extent of the credited discounted interest This amount block will use the Hold Code which has Hold Type as Discounted TD in the Hold Maintenance screen This is to safeguard the bank from withdrawal of interest by the customer The amount block created automatically by the system can be manually removed in case of premature closure Only closure allowed on the amount blocks manually and amendment of these amount blocks is not allowed TD amount blocks will be available in the Amount Block Input screen Note Though Close on Maturity is checked if any amount of a TD is blocked the TD will be forcibly rolled over on the maturity date However the maturity instruction on the TD ac count will not be altered Rollover Amount If a special amount is to be rolled over you have to specify the amount less than the original deposit amount in this field Rollover Tenor If Auto Rollover box is checked then indicate the rollover tenor for the TD account You can select one of the following options e Account Class Tenor If Re pick up Account Class Tenor on Rollover is set to Yes at the account class level then on selecting rollover the rollover tenor will be defaulted as
244. interest rate pick up for this account If at the IC Rule the UDE Type is maintained as Rate as Rate Code then the rate for IC rate code will be resolved and defaulted to TD account and rate pick up will happen only during events Book Liqd Roll TD Rate Code Specify the rate code to be used for TD calculation The adjoining option list displays all rate codes maintained using the LD MM Floating Rate Input screen CFDFLTRI You can select the appropriate one You can use TD rate code only when you have checked Rate Chart Allowed option for the account class that is linked to the IC product In the corresponding IC rule you need to ensure that UDE Type is maintained as Rate as Rate Code for interest rate pick up for this account Refer the chapter Annexure B IC Rule Set up in this User Manual for further details about IC rules Variance Specify the variance in the interest rate This is the variance alone The effective rate will be the sum of the TD rate code and the variance that you specify here You can modify it anytime Note Note the following If you specify the UDE value and also a rate code rate code or TD rate code the system will add the UDE value to the specified rate code value and apply that interest rate on the deposit You can define either the rate code or the TD rate code but not both Interest accrued for the account till date gets liquidated on the customer ch
245. iod end date of the term deposit account Term Deposit Amount Specify the amount for which TD should be simulated Next Maturity Date On selecting the rollover for the TD account the system defaults the next maturity date from the previous tenor of the deposit Deposit Tenor The system calculates the tenor of the deposit account to the difference between Interest start date and Maturity date and displays it In case of change in maturity date the system changes the value of this field Rollover Type Indicate the components that should be rolled over by choosing one of the following options e Principal e Principal Interest e Special Amount Rollover Amount If a special amount is to be rolled over you have to specify the amount less than the original deposit amount in this field Term Deposit Pay in Option Indicate the method for initial funding during account creation Choose one of the following options e PAYIN BY GL e PAYIN BY CASH e PAYIN BY SAVINGS Offset Account Specify the account number GL from which the fund should transferred to TD account as part of simulation This field returns the branch code if the account is selected and NULL is returned if GL is selected If the pay in mode is GL then the system will display only GLs and if the pay in mode is account then only accounts will be displayed in the option list Recurring Deposit Specify the following details 6 46 ORACLE Auto Payment Take Down Check
246. iquidation happens on the ba sis of interest book account specified If payout type is chosen as Account or GL for interest component then interest liquidation happens on the basis of offset account mentioned in the Term deposit payout details multi grid If payout type is chosen as Demand Draft Banker s Cheque or Payments and Col lections for interest component then interest liquidation happens on the basis of payout de tails maintained in the Interest Payout Details sub screen Interest payout through as Demand Draft Banker s Cheque or Payments and Collections happens through the same bridge GL used for principal payout The system does not support payout option as Term Deposit Interest payout is not supported if rollover type is interest or principal and interest For In terest rollover type interest liquidation will be done based on the interest book account oe ORACLE 5 13 Viewing Rollover History Details You can view Rollover History details in TD Rollover History screen Click on Rollover History to invoke this screen TD Rollover History Branch Code Account No Rollover History 1 Of 1 Sequence Number Rollover Date Rollover Type Principal Interest The following details are defaulted in the above screen e Sequence Number e Rollover Date e Rollover Type e Principal e Interest e Rollover Amount e Tenor Years e Tenor Months e Tenor Da
247. is displayed e Annual e Semi annual e Quarterly e Monthly e Fortnightly e Weekly e Daily On For a weekly statement you specify the day of the week on which account statements should be generated and for fortnightly and monthly statements the dates of the month To specify for weekly statements click on the adjoining drop down list The following list of days will be displayed e Monday e Tuesday e Wednesday e Thursday e Friday e Saturday e Sunday To specify for monthly statements enter a number between 1 and 31 corresponding to the system date If you set the statement date to 30 then account statements will be generated on e The last working day for months with lt 30 days e For months with 30 days on the 30th if 30th is a holiday on the next working day If you set the statement date to 31 then account statements will be generated on e The 31 for month with 31 days if 31st is a holiday on the next working day e The last working day for months lt 31 days For a fortnightly statement you could specify 1 and 15 For all other cycles account statement will be generated on the last day of that cycle 9 19 ORACLE 5 8 Secondary A C Statement This refers to the type of statement to be generated periodically by the system for this account You can specify whether you want a detailed or summary statement or if you do not want a statement for this account at all Tertiary A c Statement
248. is not allowed You can also have a combination of the aforesaid modes while funding a single TD Once the TD account is created the system considers each of the pay in options entered in this screen and processes it accordingly You can specify the TD funding amount as a percentage or as an absolute value Note that you can fund a TD by cash too However this option is available for TD creation through the Savings module TDMM only You can specify the following details of the deposit Term Deposit Payout Details The TD module allows you to close a TD using multiple pay out modes viz e Pav outbv Bankers Cheque e Pav outbv transfer to GL e Pay out by transfer to own bank Savings Account e Pay out by transfer to Other Bank s Account e Pay out resulting in a new child TD e Pav outbv Demand Draft You can specify following pay out details of the deposit Payout Type Indicate the method for settlement of the TD on maturity date The payout instructions are mandatory in case of Close on Maturity Rollover Principal Rollover Interest and Special Amount The payout option can be specified separately for Principal and Interest components The following payout options are available e Bankers Cheque e Payments e General Ledger e Account e Term Deposit e Demand Draft Percentage Specify the percentage of payout for each payout option specified Offset Branch The system displays the branch code of the account to which fun
249. is screen you need to maintain the following expression Case Result DEPOSIT_AMOUNT gt 0 AND PENALTY_BASIS DAYS_FROM_START DAYS PENALTY_APPLY 1 TD_PNL 100 YEAR Formula 3 Specify the following details Book Flag Select Tax from the adjoining drop down list Debit Credit Select Debit from the adjoining drop down list Days in a Month Select 30 Days from the adjoining drop down list Days in a Year Select 360 from the adjoining drop down list Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen In this screen you need to maintain the following expression Case Result FORMULAT 20 FORMULAT TAX RATE 100 TD with Normal Tenor and Penaltv Specifv the following details 29 ORACLE On Account Opening Month Check this box On Account Closure Month Check this box SDE Maintain the following SDEs e DAYS e DAVS FROM START e DLV NET BALM e PENALTV APPLV e PENALTY_BASIS e TENOR e VEAR UDE Maintain the following UDEs e TD1 e TD 2 e TD3 e TD_PNL e TAX RATE Tvpe For each of the UDEs select the option Rate from the adjoining drop down list Get Latest For each of the UDEs select the option Use Effective from the adjoining drop down list Click Formulas button and invoke the Formulas screen You need to maintain two booked formulae a
250. ization Status Record Status Close Mode Debit Credit Click Search button The system identifies all records satisfying the specified criteria and dis e e e e e Do plavs the following details for each one of them Authorization Status Record Status Close Mode Description Product Debit Credit uble click on a record to invoke the detailed screen for that record aintaining Account Class for TD To handle term deposits in Oracle FLEXCUBE vou have to set up an account class of tvpe Deposit in the Account Class Maintenance screen To invoke this screen tvpe oe ORACLE 3 5 1 STDACCLS in the field at the top right corner of the Application tool bar and click the adjoining arrow button Account Class Maintenance A save Account Class Description Start Date Eng Date Account Type Current a AEE Statement Parameters Account Code Oormancy Days Account Statement Format pz Display IBAN in Advices Provisioning Details Provsioning Frequency Provision Currency Require Escrow Details Transaction Code Escrow Transfer Applicadle a Local Transaction Code For pi jinter Pay Account Reversal JDual Currency Deposit Multicurrency Account Cash Deposit Limit on Trust Account Exposure Category Event Class Code Natural GL Dedit Credit Debit interest Charge Liquidation Initial Funding Liquidate Using Event Class Code Receivable Charge Role To
251. ke the following screen Term Deposit Payout Details EEULGES SIELU Counterparty Details Bankers Cheque Pavment Branch Bank Code Currency Beneficiary Detalls Beneficiary Address Bank Code Address Line 2 Beneficiary Name Address Line 3 PassporviC Number Narrative Country Code The Bank Cheque tab is displayed by default You can capture the following details for pay out using a banker s cheque Banks Cheque Specify the following cheque details ki ORACLE 6 4 7 2 Bank Code Specify the bank code of the Bankers cheque Payable Branch Specify the payable branch for the cheque The adjoining option list displays all branch codes linked to the specified bank code You can select the appropriate one Currency The currency code is displayed here Beneficiary Details Indicate the following details Beneficiary Name Specify the name of the beneficiary Other Details Specify other details if any for the beneficiary Narrative Give a brief description for the payout Country Code Specify the country code for the payout address Address Line 1 to 3 Specify the address of the beneficiary for the payout Counter Party Details Tab Click Counter Party Details tab on the Term Deposit Payout Details screen and invoke the following screen Here you can capture details for pay out through PC transfer to another bank account Term Deposit Payout Details Bankers Chequ
252. l display an error message e Any conversion due to sweep operation and auto deposits should also follow the rate configured at account class e If deposit currency and pay in currency are the same then the Applied Exchange Rate cannot have a value other than 1 i e for pay in pay out through cash and the same currency account instrument for account For other modes Applied exchange rate is not applicable and system will not take the value for the same Deposit Details After Top up The following details are captured here Principal Balance The principal balance amount of the term deposit after top up is displayed here You cannot modify this Interest Rate The new interest rate to be applied on the top up deposit which is maintained at the account class level is displayed here Maturity Amount The amount that you will get on maturity of the top up deposit is displayed here Viewing Top up of Term Deposits Summary You can view the details of top up TDs using the Top up of Term Deposit Summary screen oS ORACLE To invoke this screen type STSTDTOP in the field at the top right corner of the Application tool bar and click the adjoining arrow button Date Top Up of Term Deposit Summary f Execute Query CT Advanced Search 5 Reset L Clear All Case Sensitive Authorization Status Record Status Account az Top up Value Date Top up Amount a Top Up Reference Number Cust
253. led Rollover Issue deposit In ICDBADHC screen on trying to issue new certificate with Rollover Issu ance as Y then the status of the old certifi cate will get changed as Cancelled Else the previous status only will be retained Certificate lost Lost Damaged Duplicate 5 46 ORACLE Current Status of the existing Status of the new certificate Modified by mistake Issue Duplicate Re denominated Certificate Action certificate after the aa certificate Status action Duplicate Amount Block to Amount Blocked the deposit Re denomination Modified Re denominated of the certificate Redemption of the Redeemed deposit partial or full Rollover of the Cancelled Rollover Issue deposit xx In ICDBADHC screen on trying to issue new certificate with Rollover Issu ance as V then the status of the old certifi cate will get changed as Cancelled Else the previous status only will be retained Certificate lost Lost Damaged Duplicate Amount Removal ofamount Issued Rollover Blocked block to the deposit Issue Duplicate Re denominated Lost Dam User marked the Issued Rollover aged certificate Lost Issue Duplicate Re Damaged by mis denominated take Modified User marked the Issued Rollover The following table shows the status reasons that are factory shipped for the statuses which are changed automatic
254. lement Functions l Operators Logical Operators Specifv the following expressions Case Result TENOR lt 90 AND DEPOSIT AMOUNT20 AND PENAL TV BASIS 0 DEPOSIT AMOUNT DAYS TD 1 100 YEAR TENOR gt 90 AND TENOR lt 180 AND DEPOSIT_AMOUNT gt 0 AND PENAL TY_BASIS 0 DEPOSIT_AMOUNT DAYS TD_2 100 YEAR TENOR gt 180 AND TENOR lt 730 AND DEPOSIT_AMOUNT gt 0 AND PENAL TY_BASIS 0 DEPOSIT_AMOUNT DAYS TD 3 100 YEAR TENOR lt 90 AND DEPOSIT AMOUNT20 AND PENAL TY_BASIS DEPOSIT AMOUNT PENALTV BASIS DAYS TD_1 TD_PNL 100 YEAR TENOR gt 90 AND TENOR lt 180 AND DEPOSIT_AMOUNT gt 0 AND PENAL TY_BASIS DEPOSIT_AMOUNT PENALTY_BASIS DAYS TD_2 TD_PNL 100 YEAR TENOR gt 180 AND TENOR lt 730 AND DEPOSIT_AMOUNT gt 0 AND PENAL TY_BASIS DEPOSIT_AMOUNT PENALTY_BASIS DAYS TD_3 TD_PNL 100 YEAR ORACLE 9 2 2 Formula 2 Specify the following details Book Flag Select Booked from the adjoining drop down list Debit Credit Select Debit from the adjoining drop down list Days in a Month Select 30 Days from the adjoining drop down list Days in a Year Select 360 from the adjoining drop down list Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen In th
255. lication date To Date Specify the date till which the report for TD account maturity date change should be generated By default system displays the current Application date Branch Code Specify the branch code of the TD account The adjoining option list displays all valid TD branch codes maintained in the system You can choose the appropriate one 10 28 ORACLE 10 15 1 Deposit Account Number Specify the account number of the term deposit The adjoining option list displays tall valid deposit account numbers maintained in the system You can choose the appropriate one Customer Specify the customer number here The adjoining option list displays all the valid customer numbers maintained in the system You can choose the appropriate one Report Format Select the format in which you want to report to be generated from the options provided in the drop down list This list displays the following values e PDF e HTML e Excel e RTF Report Output Select the output for the report from the adjoining drop down list This list displays the following values e Print Select this option if you wish to print the report e View Select this option if you wish to view the contents of the report e Spool Select this option if you wish to spool the report for further use Printer At Select the location where you want the report to be generated from the options provided in the adjoining drop down list This list displays the followin
256. llD Currency Min Amount Max Ami Change Allowed Product Category Premature Redemption Transaction Code Allowed itika Cluster Identification _ Allow Partial Liquidation Allow Partial Liquidation Rate Chart Deposits with Amount Block Rate Chart Allowed Move Interest To Rate Chart Tenor Unclaimed Move Principal to Partial Liquidation Restricted For Unclaimed 7 S Denominated Deposit Months 0 z m Interest Rate Based on Days Cumulative Amount Month end Maturitv Deposit Re pick up Account Class Tenor On Rollover High Value Deposits Negotiable Certificate of Deposit Holiday Treatment Exchange Rate Maintenance Holidav Calendar lt 10f1 Ez Holiday Movement MI Payin Out Mode RateType RateCode Maturitv Date Movement Across Months Adhoc Holidav Change Applicable Deposit Tenor m r Minimum Tenor Default Tenor Maximum Tenor Days Days Days Months Months Months Years Years Years On the maturity date of a deposit you can opt to e Rollover the deposit e Liquidate the deposit e Move it to an unclaimed GL The values given here will be defaulted when the TD is opened You can modify defaulted values for each TD Auto Rollover You can opt to automatically rollover a deposit if it is not liquidated on its maturity date Check this box to automatically rollover deposits opened under the account class TDs that are open and marked for Auto Rollover will automatically be rolled over during the Beginn
257. llowing details Book Flag Select Tax from the adjoining drop down list Debit Credit Select Debit from the adjoining drop down list Days in a Month Select Actuals from the adjoining drop down list Days in a Year Select Actuals from the adjoining drop down list Accrual Required Check this box Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen In this screen you need to maintain the following expression Case Result ote ORACLE 9 2 4 1 9 2 4 2 FORMULA1 gt 0 FORMULA1 TAX_RATE 100 Formula for Discounted Interest Sample formula below DEPOSIT_AMOUNT TENOR RATE YEAR 100 DEPOSIT_AMOUNT System defined Element SDE for principal amount of the deposit TENOR SDE for tenor of the deposit RATE UDE for interest rate on the deposit YEAR SDE days in the year 360 365 366 Actual Formula for Interest Rate and Maturity Amount The following formula will be used to calculate interest rate and maturity amount during term deposit account opening Sample formula is given below Condition Formula DEPOSIT_AMOUNT gt 0 DEPOSIT_AMOUNT DAYS INT_RATE 100 YEAR Deposit Amount 15000 USD Deposit Booking Date 01 Jan 2011 Tenor 180 Days Interest Rate 9 Interest Amount 15000 9 180 365 100 665 75 USD Interest Rate and
258. mary f Search Cf Advanced Search Reset D Clear All Case Sensitive Authorization Status sw Record Status Branch Code RD Account Number Payment Branch Code Payment Currency Product Code Transaction Date Records per page 15 v 10f1 El Authorization Status Record Status Branch Code RD Account Number Payment Branch Code Payment Currency You can query on records based on any one or all of the following criteria e Authorization Status e Record Status e Branch Code e RD Account Number e Payment Branch Code e Payment Currency e Product Code e Transaction Date Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Authorization Status e Record Status e Branch Code e RD Account Number e Payment Branch Code e Payment Currency e Product Code e Transaction Date 7 5 ORACLE 7 4 Double click on a record to invoke the detailed screen for that record Reversing Payment You can reverse the payments made to the RD account rather the installment amounts to the recurring deposit account Invoke the Recurring Deposit Payments Reversal screen from the application browser You can also invoke this screen by typing ICDRDREV in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button K3 Recurring Deposit Pavmen
259. modify this In case a partial redemption is made to the TD account the principal balance is arrived at by subtracting the partially redeemed amount from TD amount Any interest liquidated to TD account during partial redemption will not be considered in principal balance Maturity Amount The amount available on the maturity of the TD account is displayed here In case of partial redemption of the TD account the maturity amount displayed will not include the liquidated interest on partial redemption Maturity Date The maturity date of the TD account is displayed here You cannot modify this Deposit Tenor The deposit tenor details of the TD are displayed here Years The tenor of the TD account in years is displayed here You cannot modify this The tenor of the TD account in years is displayed here You cannot modify this Months The tenor of the TD account in months is displayed here You cannot modify this Days The tenor of the TD account in days is displayed here You cannot modify this Top up of Term Deposit Details The top up details of the TD are captured here Top up Amount Specify the top up amount for the TD Value Date Select the date on which the top up on the TD has to be effective The top up value date can be a back dated or current date Future dated top up is not allowed Note Top up can be back dated to the date of last financial transaction like pay in interest liquidation redemption
260. mount Deposit Tenor This indicates the deposit tenor Deposit Maturity Date This indicates the deposit maturity date Account Open Date This indicates the account opening date Reason for not adjusting This indicates one of the following reason for not adjusting the maturity date e Block exists e Breach of minimum tenor e Breach of maximum tenor Note You should manually take appropriate action If maturity date is not adjusted due to a block 10 16 Customer wise Tax Deduction Report You can generate term deposit tax deduction EOD reports for specific customers This report provides the details of the tax deducted at source for a customer for the term deposits The system generates this report during beginning of day operations This report can be generated for a specific branch as of the date of tax deduction 10 16 1 Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The report contains the following details 10 30 ORACLE Header Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body Field Name Field Description Customer ID Customer number Account Title Ac
261. mount Tags The following amount tags are available Amount Tags Description IACQUIRED Acquired Interest Amount IACR Interest Accrual IACR ADJ Interest Accrual Adjustments ILIQ Interest Liquidation Amount ILIQ ADJ Interest Liquidation Adjustments IMAT Interest Maturitv PMAT Principal Maturitv TAX Tax TAX ADJ Tax Adjustment TD PRINC Deposit Principal Amount TD INT Advance Interest Paid ORACLE 8 4 Accounting Roles Accounting roles are automatically defaulted by Oracle FLEXCUBE based on the IC Rule attached to the particular IC product An accounting role could be accrual P L or tax payment For creation of role type standard abbreviations are used across Oracle FLEXCUBE The accounting role is created in the following format TDAA lt accounting role type gt lt X gt Where e TDAA represents the IC product e X represents the number of the formula for which the accounting role is created If you have maintained more than one formula for a rule the system will default accounting roles for each of your formulae For example assume that the accounting role is TDAB ACCR 1 This role indicates the following e The IC product is TDAB e The formula number is 1 for example credit interest accrual which was defined in formula 1 Assume that the accounting role is TDAB PNL 2 This role indicates the following e The IC product is T
262. mount is to be rolled over you have to specify the amount less than the original deposit amount Term Deposit Payout Details Specify the following details in order to allow automatic pay out Pay Out Type Select the pay out mode from the drop down list The options available are e Bankers Cheque BC e Transfer to Other bank PC oe ORACLE 6 4 7 1 e Transfer to GL GL e Transfer to Savings Account AC Note Note the following This option will be available only when account number generation is Auto For Dual Currency Deposits you are allowed to select only GL and Savings Ac count options as the pay out mode You can either select GL or Savings Account but not both You can select only one GL or one Savings account and not multiple GLs or accounts in either case Percentage Specify the amount of redemption in percentage Offset Branch Specify the branch code of the account for redemption The adjoining option list displays all valid branch codes available in the system You can select the appropriate one Offset Account Specify the account number GL for redemption The adjoining option list displays all valid accounts and GLs available in the offset branch You can select the appropriate one Narrative Give a brief description for the redemption Indicating Payout Details Click Term Deposit Payout Out button in the Interest Charges screen and invo
263. mulative Amount box is checked The interest rate derived is applied only to the new deposit to be opened and there will be no changes done to the deposits which are used for arriving at the interest rate The interest rate based on cumulative amount is defaulted from account class level However the same can be modified at TD account If the flag is modified at TD account level an override Change in account class defaulted value for interest rate based on cumulative amount will be displayed The interest rate based on cumulative amount cannot be modified after authorization 4 ORACLE The interest rate is picked during TD opening considering the active TDs for a customer under same account class and Ccy combination Ifa TD is rolled over the interest start date of the TD will be considered and TDs opened before the interest start date will be considered for cumulation Facility is available to opt opt out cumulation during rollover fa deposit participating in cumulation is closed then no change will be done to existing TDs For further rate pick up the closed TD will not be considered for cumulation Cumulation feature is not supported for recurring deposits And if checked at account level an error message Interest rate based on cumulative amount feature is not supported for recurring deposits will be displayed If child TD account has to be considered for cumulation then this box needs to be select
264. n Account Branch This indicates the account branch Account Currency This indicates the account currency Deposit Amount This indicates the deposit amount Deposit Tenor This indicates the deposit tenor Wer ORACLE Field Name Field Description Deposit Maturity Date This indicates the deposit maturity date Account Open Date This indicates the account opening date Account Class This indicates the account class Generate Advice Indicates whether the advice should be generated or not 10 15 TD Account Maturity Date not Adjusted Report This report displays the list of term deposit for which the maturity date is not adjusted and falls on a holiday due to the following reasons e Blocks exist in the deposit account e Breach in minimum tenor e Breach in maximum tenor You can generate this report using the Term Deposit Maturity Date Not Adjusted screen You can invoke this screen by typing TDORMNADJ in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Term Deposit Maturity Date Not Adjusted Branch Code Branch Description Customer Customer Name Deposit Account Number To Date From Date Report Format PrinterAt Client v Report Output Printer Specify the following details here From Date Specify the date from which the report for TD account maturity date change should be generated By default system displays the current App
265. n Status e Pre Closure Factor Id e Description e Record Status e Branch Code Click Search the system displays the following details based on the specified search criteria e Authorization Status e Record Status e Pre Closure Factor Id e Branch Code e Description Sal ORACLE 4 TD Account Creating a Deposit Account You can create a term deposit account using the Deposit Account Booking screen To invoke this screen type STDCUSTD in the field at the top right corner of the Application tool bar and click the adjoining arrow button Select the New button on the Application toolbar Deposit Account Booking H save Pay In Option ta Branch Code 000 Customer No XII er Term Deposit Account Customer Name Payin By Others x ii Number PID No ej Clearing Tvpe dad El Term Deposit Currency az Cheque Instrument No INI f SD User Reference Account Class EE PI Cheque Date m Drawee Account Number 2 1 Routing No a DEW Nominee Check List Dual Currency Deposit l Fe Rollover Tenor Initial Deposit Amount Account Type Single 7 Ojoint Account Class Tenor Principal Balance Deposit Tenor independent Tenor yeaa Maturity Date B Years Months Interest Rate Months Days Maturity Amount Days E JOriginal Tenor Rollover Type Principal Next Maturity Date Years Special Amount Stock Catalog Code Months Olnterest Certificate Number Days Principal Interest E iDuplicate Ehu
266. n a negative value it will be ignored from further processing Percentage of Revised Rate Method Another non booked interest formula is defined which applies a percentage of the interest rate picked up for the redeemed amount as on TD opening date e To define the percentage of interest picked up to be applied on the redeemed amount an UDE REDM_PERCENTAGE Type Number should be defined e A SDE RVSD_RATE should be available to return the rate for the redeemed amount as on TD opening date for completed tenor For instance oan ORACLE If a TD of 10000 JPY is pre closed for 4000 JPY The RVSD_RATE SDE should return the rate for amount slab 4000 as on TD opening date Let us say this is 4 The UDE value for REDM_PERCENTAGE should be defined as 0 8 to apply 80 of 4 i e 3 6 as the interest for the redeemed amount 2 26 ORACLE 10 1 10 2 10 Reports Introduction The following are the reports that you can generate in TD module Customers Fixed Deposit Report TD Full Balance Listing Report Large FD Report Deposit Detail Summary by Total Amount Report Interest Paid Report TD Statement of Accounts Report TD Account Class Summary Report Term Deposits Opened for the period Report Term Deposits Closed for the period Report Term Deposits Renewed for the period Report Term Deposits Maturity Report Term Deposit Account Maturity Date Change Report Term Deposit Account Maturity Dat
267. n select the appropriate one Payment Account Number Specify the payment account number used for manual payment for the RD The adjoining option list displays all valid savings account and current accounts maintained in the system You can select the appropriate one ta ORACLE 7 2 1 Product Code Specify the retail teller product with combination of ARC maintenance You have to ensure that the retail teller product is enabled for RD payments by checking the field RD Payments allowed at the teller product level maintenance preferences screen Exchange Rate Specify the exchange rate if the account currency is different from the currency in which the payment amount is expressed Payment Currency Specify the currency in which the payment is being made The adjoining option list displays all valid currency codes maintained in the system You can select the appropriate one Payment Amount Specify the amount deposited as payment Here you can specify the installment amount or the complete deposit amount in multiples of the a installment amount Minimum Payment Amount The system displays the installment amount indicating the minimum amount that can be deposited in the RD account After entering the RD accounts payment details click P button The system then calculates the paid amount and displays them in the respective fields RD Account Payments On click of P button along with paid amount the system calculates t
268. n the system You can choose the appropriate one Description Specify a brief description about pre closure ID TD Tenor Slab Specify the details about TD tenor slab Years Specify the TD tenor in terms of years Months Specify the TD tenor in terms of months Days Specify the TD tenor in terms of days Completed Tenor Slab Specify the details about completed TD tenor slab ORACLE Years Specify the completed TD tenor in terms of years Months Specify the completed TD tenor in terms of months Days Specify the completed TD tenor in terms of days Payout Factor Specify the factor that should be applied to discount interest calculated during redemption 3 10 Viewing Pre Closure Factor Details You can view redemption factor details using the Pre Closure Factor Input Summary screen You can invoke this screen by typing STSPCFCT the field at the top right corner of the Application tool bar and clicking the adjoining arrow button F gt Pre Closure Factor Input Summarv E gt search Ct Advanced Search 9 Reset 9 Clear All Case Sensitive Authorization Status ES Record Status Pre closure Factor Id Branch Code Description Records per page 15 FI 10f1 Authorization Status Record Status Pre closer Factor Id Branch Code Description You can click Search button to view all the pending functions However you can filter your search based on any of the following criteria e Authorizatio
269. nal tenor of the parent TD The tenor is represented in days months and years You cannot change this e Independent tenor If you select this you can specify the tenor in terms of days months and years The default value of the independent tenor will be null The tenor should be specified within the minimum and maximum tenor limits maintained at the account class level The tenor months cannot be greater than 11 months and if tenor months is specified the tenor days cannot be greater than 30 days Years This indicates the number of years in the original tenor Months This indicates the number of months in the original tenor Days This indicates the number of days in the original tenor id ORACLE If the maturity date falls on the holiday the system adjusts it to next working day Rollover Tenor The deposit tenor has following options as below e Account class tenor If you select this the system displays the account class tenor in days months and years You cannot change this The system will not display the next maturity date as account class tenor is subject to change The default account class tenor at the time of rollover is considered e Account tenor This is the default option If this is selected the system populates the original tenor of the parent TD The tenor is represented in days months and years You cannot change this e Independent tenor If you select this you can enter the rollover tenor in
270. natural GL Based on the characteristic of the account balance you can specify whether the turnover is to be posted to the Debit GL or to the Credit GL Deposit accounts normally have a credit balance Applicable Customer Status Select the applicable customer status to indicate whether deposit product is available to minors or not You can choose one of the following values from the adjoining drop down list e Not Applicable e Major e Minor e Both Note Note the following By default Not applicable option is selected when a new account class is created If you select Minor option at the CIF level and Applicable customer status as Major at the account class level then the system will display the error message The A c class you selected is for major customer Ifyou uncheck Minor option at the CIF level and select Applicable customer status as Minor at the account class level then the system will display the error message The A c class you selected is for minor customer oe ORACLE 3 5 2 Maintaining Deposit Details Click the Deposits button to define the parameters for a deposit type account class The Deposit Account Details screen is displayed Deposit Account Details Deposit Amount Currency wise Limits Auto Rollover Grace Period for Renewal Close On Maturity Unclaimed Days 1 Of 1 Account Currency Settlement Bridge GL MChanne
271. nce Charges Check this box to indicate waive option for pay out BC issuance charge Offset Branch Specify the branch code of the account for redemption 6 15 ORACLE Offset Account Specify the account number GL for redemption through account GL and loan For redemption through PC BC DD TD the offset account should not be given Narrative Give a brief description for the redemption Note You can query modify and amend other branch transactions only through the summary screen Original Exchange Rate The system will display the exchange rate for the currency pair for the respective rate code type defined for the specific pay in pay out modes at account class Applied Exchange Rate The system displays the applied exchange rate same as original exchange rate However you can amend the exchange rate which will be applied on the transaction The system will perform the following validations e If you try to modify the rate while saving then the system will display the following override message Default exchange rate modified by the user e Ifthe modified rate is outside the allowed variance limit while saving then the system will display the following override message Modified Exchange rate crosses allowed variance e When there is multi pay in or pay out scenario each option will consume the respective applied exchange rate for the apportioned amount e When the exchange rate type and code to be applied
272. nch code that you have selected 19 13 ORACLE 10 8 1 Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body of the report The generated report will have the following information Field Name Field Description GL Type This indicates the GL Type GL Code This indicates the GL Code CCY This indicates the currency for the respective GL Account Class Code This indicates the Account Class code Account Class Name This indicates the account class name Total Accounts This indicates the Total Accounts Maturity Amount This displays the maturity amount as per new calculation Principal Balance This indicates the Principal Balance in the accounts Interest Accrued This indicates the Interest Accrued for the accounts Following elements will be displayed for Totals Field Name Field Description Principal Balance This indicates the total Principal Balance of the accounts Interest accrued
273. nd Notice Days are applicable only if you have checked Notice Deposit box Notice Days Specify the notice days applicable for the Notice Deposit account 983 ORACLE 3 5 3 Note The Calculation and Liquidation fields are not applicable in ICDPRMNT screen if any one account class with a Notice Deposit field as checked is attached to the IC product in this screen For Notice Deposit Account Notice Maturity Date Maturity amount should be null and for No tice deposit Account the payout option should be Account GL Payments Installment Frequency Specify the frequency for payment of installment for RD The installment frequency should be within the minimum and maximum schedule days Days Specify the installment frequency in terms of days Months Specify the installment frequency in terms of months Years Specify the installment frequency in terms of years Minimum Schedule Days Specify minimum schedule days here Maximum Schedule Days Specify maximum schedule days here Minimum Installment Amount Specify the minimum RD installment here The installment amount at account level should be greater than or equal to the minimum installment amount Installment Basis Select the installment basis option maintained at the account class level It is used to define the basis of RD installment amount Following are the options available e Local Currency e Account Currency By default the
274. nd after considering the limit if the funds are still insufficient then during save system displays the configurable override message Insufficient funds to open the deposit account should be displayed during save to the user a2 ORACLE 3 2 3 3 Viewing Payin Parameters Summary You can view summary of all payin parameters using the Term Deposit Payin Parameters Summary screen To invoke this screen type STSTDPAV in the field at the top right corner of the Application tool bar and click the adjoining arrow button Ct Advanced Search 9 Reset Authorization Status Record Status Branch Code az Payin Option PavinbvGL v Rare semma 15 First Previous Record Status Branch Code Pay In Option Pay In Opt Authoriza Record St You can query on records based on any one or all of the following criteria e Authorization Status e Record Status e Branch Code e Payin Option Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Authorization Status e Record Status e Branch Code e Payin Option Double click on a record to invoke the detailed screen for that record Maintaining Closing Mode When you close an account the system checks whether any Interest Charge IC products linked to the account are pending liquidation If the account does not have any IC
275. nd one tax formula Formula 1 Specify the following details Book Flag Select Booked from the adjoining drop down list Debit Credit Select Credit from the adjoining drop down list Days in a Month Select Actuals from the adjoining drop down list Days in a Year Select Actuals from the adjoining drop down list Accrual Required Check this box 0 ORACLE Rounding Required Check this box Click Formula Wizard button and invoke the Formula Wizard screen Formula 1 Specify the following expressions Case Result TENOR lt 90 AND DLY_NET_BAL_M gt 0 AND PENAL TY_BASIS 0 DLY_NET_BAL_M DAYS TD_1 100 YEAR TENOR gt 90 AND TENOR lt 180 AND DLY_NET_BAL_M gt 0 AND PENAL TY_BASIS 0 DLY_NET_BAL_M DAYS TD_2 100 YEAR TENOR gt 180 AND TENOR lt 730 AND DLY_NET_BAL_M gt 0 AND PENAL TY_BASIS 0 DLY_NET_BAL_M DAYS TD_3 100 YEAR TENOR lt 90 AND DLY_NET_BAL_M gt 0 AND PENAL TY_BASIS DIV NET BAL M PENALTV BASIS DAYS TD l TD_PNL 100 YEAR TENOR gt 90 AND TENOR lt 180 AND DLY_NET_BAL_M gt 0 AND PENAL TY_BASIS DIV NET BAL M PENALTV BASIS DAYS TD 2 TD_PNL 100 YEAR TENOR gt 180 AND TENOR lt 730 AND DLY_NET_BAL_M gt 0 AND PENAL TY_BASIS DIV NET BAL M PENALTV BASIS DAYS TD 3 TD_PNL 100 YEAR Formula 2
276. next previous working day of the same month e No change in maturity date If the adjusted maturity date falls on next previous month then the system ignores the movement and considers the computed maturity date as the maturity date even it falls on a holiday Maturity date across months is applicable only when the maturity date is adjusted to previous or next working day System displays an override message in the following cases e When allowed the maturity date is moved across months e when the maturity date is re adjusted to the last working day of the month e When the calculated maturity date is used in case the maturity date movement to the next month is not allowed Whenever there is a change in the maturity date system changes the rollover maturity date accordingly System ignores the value of Maturity date movement across months if you select the No Change option for Holiday Movement Adhoc Holiday Change Select the adhoc holiday change from the adjoining drop down list The adjoining drop down list displays the following values e Change Maturity date and generate advice System updates the maturity date and the rollover maturity date as par the TD holiday calendar maintenance generates an advice to the customer e Generate Advice System generates an advice on deposits having maturity date falling on a holiday e No Action By default this option is selected If this is selected the maturity date does
277. ng a few installments and the suspension request is provided after the installment date then the previously missed installments will also be considered as suspended from the date of suspension along with the installments which are due You can set up penalty rule for non payment of installment till the date of suspension To calculate penalty for non payment of installments till the suspension date the following SDEs are used e RD_NP_INSTALL_DUE This is used to arrive at the installment amount which is due for payment till the suspension date On the first installment due date if the amount is not paid then the SDE will be updated with the installment amount There will be no further update even if more installments are due to be paid till the suspension date e RD_NP_OVERDUE_DAYS This is used to arrive at the total number of days the installment payment is due till the date of suspension i e the missed installment date up to the suspension date is captured by the SDEs In other words the previously missed installments will also be considered as suspended from the date of suspension The SDEs can be used even if there is no suspension provided for the installments till the maturity date i e if no suspension request is provided by the customer till the maturity date The maturity date will be considered as the suspension request date to arrive at the RD_NP_OVERDUE_DAYS For instance Account Open Date 1st Jan 2013
278. ng options are available for selection e Continue Existing e Ason Opening date e As on Redemption date e As on Rate Revision Events Note By default As on Opening Date option is selected You can modify this only if there is no active accounts linked to the account class Top up of Deposit You can top up an existing Term Deposit by adding funds to the TD account You can allow or disallow top up and also define the top up block duration after opening date and top up block duration before maturity date The block duration are considered as calendar days based on the account branch holidays Allow top up of Deposit Check this box to indicate that you can top up funds to an existing term deposit By default this box is not checked Block Duration after Opening Date You can specify the duration for which the term deposit top up has to be blocked after the account opening date The block duration after Opening date Days Months should not be greater than the maximum tenor at the account class 320 ORACLE Months Specify the number of months for which the term deposit top up has to be blocked after the account opening date Days Specify the number of days for which the term deposit top up has to be blocked after the account opening date Block Duration Before Maturity Date You can specify the duration for which the term deposit top up has to be blocked before the account maturity date The top up can
279. not be opened with walk in customer Id Account number is created in the simulation screen itself but displayed only post clicking of Create Deposit button For existing customers new deposit can be created using the existing customer id The system displays the pay in options as Others If the Pay in By option is changed to Cheque then it is mandatory to specify all the details and click on Default button Once this button is clicked the pay in details provided will be defaulted in the Pay in Details multi grid For more information on specifying TD creation details refer to the section Creating a Deposit Account in the chapter TD Account Specifying Interest Details for Simulated Account To specify the interest and charge related details of the term deposit account click the Interest button The screen is as shown below gt ic Special Conditions Maintenance x Account Details Branch Code Account interest Start Date Charge Start Date Calculation Account interest Booking Branch Interest Booking Account Dr Cr Advices Charge Booking Account Charge Booking Branch Interest Statement Rate Chart Allowed Consolidated Charge Account Interest Rate Based on Cumulative f Amount Product Code Waive Interest UDE Currency Generate UDE Change Advice Open Effective Date i 10f1 C Effective Date Open UDE Values 10f1 C User Defined Elementid UDE Value RateCode TD
280. not change In that case the system will not generate advices for the TD The adhoc holiday change is the change in branch and currency holiday calendar after opening the TD due to adhoc change in holiday or branch transfer of the deposit System ignores the value of Adhoc Holiday Change if you select the Ignore option for Holiday Calendar Applicable Deposit Tenor Select the deposit tenor applicable to the deposit for interest rate pick up from the adjoining drop down list This list displays the following values e Original Tenor If you select this option then system considers the tenor which is defaulted from the account class or modified at the account level By default e Deposit Tenor If you select this option then system considers the tenor based on the adjusted maturity date ou ORACLE Note Onsaving a deposit if there is a change in maturity date due to holiday treatment then system displays the revised tenor as the deposit tenor due to the revision in maturity date During account opening system defaults the tenor from the account class to the TD account However you can modify the tenor The maturity date is arrived based on the account tenor The holiday calendar is applicable for maturity date during TD opening including sweeps and TD rollover auto manual If there is a change in maturity date due to the holiday calendar then system considers the tenor based on the value
281. nput screen ICDREDMN will be disabled If the redemption based on notice instruction is selected and if the selected term deposit account is not a notice account then while saving the system will display an error message The interest applicable for the redemption amount will be paid along with the redemption amount Redemption will happen in the same sequence in which the amount has been reserved during notice instruction creation When the instruction has been provided for Notice Amount By Amount the redemption will follow the FIFO order Notice Status The system displays one of the following status of the notice instruction e Active When a new notice instruction is created the default status will be displayed as Active e Processed Ifthe instruction has been provided to perform auto liquidation on Notice Maturity Date the system will change the status of the notice instruction to Processed post successful processing of the redemption transaction Ifthe auto liquidation instruction has been provided but the same has been failed due to any reason subsequently the redemption has been done manually then the system will change the status to Processed 8 69 ORACLE there is no auto liquidation instruction has been provided but on the Notice Maturity Date the notice instruction has been redeemed manually then the system will change the status to Processed post authorization of t
282. nsidered while validating against the available balance of the deposit account Modification Deletion of Notice Instruction You cannot amend a notice instruction with a Notice Reference Number once it is created However you can delete one particular record from the list only if the status of the record is Active Failed Holiday treatment for Notice Maturity Date If the Notice Maturity Date falls on a holiday then the holiday treatment for that maturity date is based on the settings done at the Account Class level in Account Class Maintenance screen for that Notice Deposit Account If the holiday movement is Backwards then the system will perform the following validations e Checks whether the Notice Maturity Date is less than the Account Open Date Lock in period e Checks whether the Notice Maturity Date is less than the Notice Date Notice Days e Check whether the Notice Maturity Date is less than the current date If the backward holiday movement is matching with any of the above conditions then the system will move the Notice Maturity Date to a forward working date automatically If there is an adjustment of Notice Maturity Date due to holiday treatment then the system will display an override message If there is any Active Failed notice instruction the system will not allow to redeem the notice deposit fully by throwing appropriate validation If the
283. nt Number This indicates the deposit account num ber Account Description This indicates the account description Account Branch This indicates the account branch Account Currency This indicates the account currency Deposit Amount This indicates the deposit amount Deposit Tenor This indicates the deposit tenor Deposit Maturity Date This indicates the deposit maturity date Maturity Date Adjusted Due to Holiday This indicates the maturity date adjusted due to a holiday Account Open Date This indicates the account opening date Account Class This indicates the account class 10 14 TD Account Maturity Date Falling on a Holiday Report You can generate this report using the Term Deposit Maturity Date Falling on a Holiday due to an Adhoc change in Holiday Calendar screen This report displays the list of Term deposit for which the maturity date falls on a holiday due to Adhoc holiday change 10 25 ORACLE You can invoke this screen by typing TDRMDFOH in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Term Deposit Maturity Date Falling on a Holiday due to Adhoc Change in Holiday Calendar Branch Code A Branch Description Customer Customer Name Deposit Account Number To Date From Date Report Format PDF PrinterAt Client Report Output Print wv Printer Specify the follo
284. ntains details of the advices that are applicable to the TDs you can process at your bank TD Top up Advices The following advices are sent to customers whenever there is a top up on existing TDs Tag Description _BRANCH_ Code of the branch where TD is held _BRANCHNAME _ Name of the branch where TD is held _BRNADD1 _ Branch address line 1 _BRNADD2_ Branch address line 2 _BRNADD3_ Branch address line 3 _TDACCNO _ TD Account Number _CUSTID_ CIF ID _CUSTNAME _ Customer name _ADD1_ Customer address line 1 _ADD2_ Customer address line 2 _ADD2_ Customer address line 3 _ADD4_ Customer address line 4 _CCY_ Currency of Term Deposit _AMT_ Term deposit amount _VALDATE __ Value Date of Top up _TOPAMT_ Top up Amount _TOTAMT _ Total amount of the deposit Amount Top up amount _NEWINTRATE __ New Interest Rate after Top up _MATDATE __ Maturity Date _INTCUM Interest Rate Based on Cumulative Amount _BASEAMT_ Base Amount for Arriving at Interest Rate The advice TD_TOPUP is generated on authorization of top up ORACLE 8 5 2 8 5 3 TD Maturity Date Change Advices The TD maturity date change advice TD_MAT_AD4 is generated if there is any adhoc change in the holiday calendar Tag Description _BRANCH_ Code of the branch where TD is held _BRANCHNAME _ Name o
285. nterest preferences for Child TD 5 28 5 11 6 Deposit Tab Deposit Preferences for Child TD 5 30 5 12 Viewing Change Log aerer ierann E A Tar E A EA a A 5 36 5 12 1 Capturing Interest Payout Details for Banker s Cheque DD and PC 5 37 5 12 2 Bankers Cheque DD Tab eee 5 37 IILS POLI erri EA E OEE A EE 5 38 5 13 Viewing Rollover History Details nee nn en nn 5 40 5 14 Specifying Document Details nn nanna 5 41 5 15 Specifying Denominated Deposit Details 2 0 sen nn 5 42 9 15 1 Denomination Allocation nanna nn 5 48 5 16 Maintaining Amount BIOCKS Lee nnnnnnnnn nara nnn ann nnnnmnn ann nnmnn mann nnnnna 5 48 5 17 Miewing TO SUMMIA Y l i i cctccketladiscceviaad gr ab bba keta Lat EE A A 5 51 5 18 Specifying Deposit Instructions 2 0 nn nennnnnnnn nar nanna nn 5 52 5 18 1 Specifying UDF Values sss ssum AAE S EE A EE E E 5 55 5 19 Viewing Instruction SUMMALY rna ann nat nn nm nn ann nmAn Ann nnnnAnnnznnzznnnn 5 56 5 20 Input and Authorization Limit Validation for TD and RD 5 56 TD OPC hi fa i L A A Recscesacadsieaeioaceeccsusadeexs 6 1 Gillie MNtrOGUCHION 2 es duet AAA Sen eet ee ea Tea tek A eete treet eae 6 1 6 2 Toppingsup aT D EE E taa edocs E lal stance EE bl era E ENE 6 1 6 3 Viewing Top up of Term Deposits Summarv nn 6 5 6 4 Redeeming a TD sessi ieda e nd i died 6 7 6 4 1 Capturing Denominated Deposit Certificate Details 6 17 6 4 2 Capturing Pay Out Details nanna
286. nth deposit amount x 100 Sum of Deposit Amount for a specific currency for a branch with start date from first day of the current financial year till date 10 6 Interest Paid Report This is a report of term deposits interest paid for the day In this report accounts are grouped Account class wise and interest type wise This report is generated at BOD You can invoke Interest Paid Report screen by typing TORINREP in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button LBL TDRINREP Branch Report Format PDF Printer At Client Report Output Print Printer 10 9 ORACLE 10 6 1 Branch Code Specify the branch code The system will generate the interest paid report for the branch code that you have selected If the branch code is not specified then all the branch accounts are shown in the report Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of t
287. number Notice Account number with initial deposit amount available for that particular notice deposit account from the option list You can also select valid transaction reference numbers from the adjoining option list This field is enabled only if you have selected By Ref Number option in the Notice Instruction field The option list displays the following values e Unit Number The initial funding and Top up transactions will be allotted with a serial number starting from 1 i e The Unit Number for the initial funding transaction will be 1 unit number for the first Top up transaction will be 2 likewise the unit numbers will be displayed for the initial funding and for all Top up transactions e Transaction Reference Number For Initial deposit Deposit reference number will be displayed For Top up transaction Top up reference number will be displayed e Date of Transaction The date of transaction will be displayed e Transaction Amount The original amount of the transaction pertains to the transaction reference number will be displayed e Active Notice Amount The total Notice Instruction Amount with Active status for that particular transaction reference number will be displayed e Redeemed Amount The total amount that has been redeemed from that transaction reference number will be displayed e Remaining Amount This will be the net result of Transaction Amount Active Notice Amount
288. nventory tracking is NO then you can specify the required denomination id Denomination Description Enter a description if inventory tracking is not available If inventory tracking is done then the denomination description of the selected denomination id is defaulted here Denomination Value Specify a denomination value if inventory tracking is not available If inventory tracking is done then the denomination value of the selected denomination id is defaulted here For further details about setting up an account class refer the chapter Maintaining Mandatory Information in the Core Entity User Manual Maintaining Deposit Currency Preferences You can define the pay in and pay out currency restrictions for account class and account currency combination using Deposit Currency Preferences screen Se ORACLE To invoke this screen click the button Deposit Currency Preferences on the Branch and Currency Restriction screen under Account Class Maintenance screen e Deposit Currency Preferences Account Class Account Currency GBP Currency Details Principal Pay Out Interest Pay Out You can specify the following details Account Class The system displays the account class for which the preference is set Account Currency Specify the account currency for which the preference is being set The adjoining option list displays all valid account currencies maintained in the system You can choose the
289. nvokes the Statement Details screen Joint Holders This invokes the Linked Entities screen Fields This invokes the User Defined Fields screen Account Signatory This invokes the Signatory Details screen TD Payout Details This invokes the Term Deposit Payout Details screen Change Log This invokes the Customer Address Change Log screen Interest Payout Details This invokes the Term Deposit Interest Payout Details screen Rollover History This invokes the rollover History screen Denominated Deposit This invokes the Denominated Deposit screen Sa ORACLE 5 2 Specifving Interest Details Click Interest button on the Deposit Account Booking screen and invoke the IC Special Conditions Maintenance screen IC Special Conditions Maintenance Account Details Branch Account Calculation Account Interest Start Date Interest Booking Account Charge Start Date Charge Booking Account Interest Booking Branch Interest Statement Dr Cr Advices Consolidated Charge Account Charge Booking Branch Rate Chart Allowed Interest Rate Based on Cumulative Amount Product Details 4 Of 1 Product Code UDE Currency Waive Interest Generate UDE Change Advice Open LBL_CONTVARROLL Effective Date 1 Of 1 FI Effective Date Open o You can specify the following details Branch Code The Branch Code to which th
290. o the end of day EOD of the grace period The TD gets renewed with the value date as of the maturity date when the grace period is valid The counter for the grace period is 0 on the maturity date It is incremented by 1 during EOD processing of every subsequent day When the grace period counter is 0 TD renewal is possible before start of the EOD as of the maturity date When the grace period counter goes to 1 TD renewal is possible before start of the EOD of the maturity date 1 and so on Refer the section Redeeming a TD and Transferring to Unclaimed Deposit on Maturity in this User Manual for details about TD redemption and application of grace period respectively Note that grace period is maintained only at the account class level You cannot modify it at account level Unclaimed Days Specify the period in days during which the customer is eligible for Post Maturity Interest PMI i e the number of days from the TD maturity date till when the PMI is payable The unclaimed days mainly indicate the term at the end of which movement of principal interest to unclaimed will be effected Banks can set up PMI during this period if applicable The value of this field should be greater than the Grace Period Settlement Bridge GL To facilitate multi mode pay out you need to maintain a Bridge GL between the TD and the pay out module PC Specify the Bridge GL that should be used for processing pay out of TDs un
291. ocal Currency for a FCY account the system will convert the installment amount in local currency into an equivalent amount in account currency and credits it to the RD account This happens during every RD installment payment If Installment Basis is selected as Local Currency then the system checks if the Pay in Account Funding Account is in local currency The system will also validate to restrict the payment account to be in LCY If you select Installment Basis as Local Currency for a FCY account then Maturity Amount field should be left blank If the Installment Basis is selected as Account Currency then the RD will continue to work in the regular basis Bonus Payout Specify the local currency account of primary customer for crediting bonus interest on maturity This adjoining option list displays all valid local currency accounts maintained for the local branch in the system You can choose the appropriate one The system will display the error message Bonus Interest not applicable in this account class if recurring deposit account class is not selected as Bonus Interest If recurring deposit account class is selected as Bonus Interest then the system will compute bonus interest based on below validations e There are no delays in recurring deposit installments during the term e All recurring deposit installments are paid by the customer during the term e There is no r
292. of the account Maturity Amount This displays the maturity amount based on the display at the TD level Deposit amount This indicates the deposit amount Interest Rate Based on Cumulative Amount This indicates whether the interest rate for the deposit is arrived using cumulative amount or not 10 5 Deposit Detail Summary by Total Amount Report This report provides a summary of currency wise deposit details You have an option to print and view the report in pdf or excel format 10 7 ORACLE 10 5 1 You can invoke Deposit Detail Summary by Total Amount screen by typing TDRDDSUM in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Deposit detail summary Processing Date Branch Code Report Format v Printer At Client Report Output v Printer Specify the following details here Processing Date Select the date on which the report has to be processed from the adjoining calendar button Branch Code Select the branch code for which the report needs to be generated from the adjoining option list The list displays all valid branch codes You have an option to select all the branches or a single branch For the selected branch currency wise the deposit amount and number of deposits for previous month and current month are displayed along with the cost Contents of the Report The parameters specified while gene
293. of the transaction initiator Checker ID Indicates user ID of the transaction authorizer 10 47 ORACLE 11 Function ID Glossary A STDNTINS L 6 67 ACDAUDTR L 6 75 SIDPOFOT l is sie b iet 39 ACDCCYH 52 ae 6 74 STDSCSAC ssemmi 6 42 STDTDPAY G 3 1 3 2 c STDTDSIM oooi 6 48 CFDFLTRI LL 3 11 3 35 STDTDTOP nn 6 1 CSCONLEVT en 10 38 STDTPSIM men 6 58 STRACC ikisser ikebiseetezz 45 STRFAINT Le 10 42 ICDBADHC Lewn 6 34 STRLELMT 00 10 32 IOPINGMT iii aa iet jid STOACCH KAPPARA 73 ICDPRMNT seen 3 30 STSCLOSE 1 sssssisiiisenifentatu 3 6 ICDRATMA Lee 9 19 STSCUSTD 4 28 ICDRDPMT eee 7 4 STSNTINS 00000 3 29 ICDRDREV ll eeeennnenen 6 STSPCECT 3 41 41 ICDRDSIM Le 6 62 STSTDPAV 0 3 3 ICDREDMN nn 65 STSTDTOP wicieedatceetsiern 6 6 ICDREDRN nn 6 53 ICDRUMNT less 9 1 T ICDUDVAL ees cseececccsestcaccss 9 17 TDRCLOSE wn 10 17 ICSEXELG Le nenn 6 41 TDRDDSUM lee en 10 8 ICSINSMT oaoiiaaiiiai 5 56 TDRFDREP n 10 6 ICSRDPMT lee 5 TDRFIDEP oiii 10 2 ICSREDMN eee 6 31 TDRFULBL oin 10 4 TDRINREP oon 10 9 R TDRLNKOD Le 10 40 RDDSCHEQ sess 4 29 TDRMATR oo 10 21 s TDRMDFOH noissa 10 26 STDACCH essenzi 71 Dee ee eee oe STDACCLS oniinn 3 7 N a Pe STDAMBLK eee 5 49 So A aa STDCDSMT en 10 37 DINED ripae peed STDCLOSE mem 3 4 eee a a baa STDCUSTD en 4 1 TORS ONES aes ee TDRTOPUP oiiaao 10 34 tel ORACLE
294. omer No la Currencv Branch Code az Maturitv Amount After Top up Customer No Customer Name Currencv Branch Code FAIR Maker ID Release Time m You can search records based on the following parameters Authorization Status Record Status Account Top Up Value Date Top up Amount Top up Reference Number Customer No Currency Branch Click Execute Query button System fetches and displays all records matching with the entered query parameters The following details pertaining to each record are displayed Authorization Status Record Status Account Account Description Interest Start Date Top up Date Top up Value Date Top up Amount Top up Reference Number Principal Balance 6 6 ORACLE 6 4 e Interest Rate After Top up e Maturity Date e Maturity Amount e Customer No e Customer Name e Currency e Branch e Maker ID e Release Time Redeeming a TD The Term Deposits Redemption Input screen enables you to redeem a term deposit Using this screen you can do a premature redemption either in full or in part ahead of maturity of the deposit and also after maturity date when the TD is in grace days This screen also allows you to renew the TD manually However renewal of the TD is allowed only on the following scenarios e If you have selected Grace period for Renewal at the account class maintenance level e Ifthe TD is in the grace perio
295. on Product Specify the currency option product under which an Options contract has to be created in case of a Dual Currency deposit The adjoining option list displays all valid Options products with Product Type CO with the following features On saving the account class system validates the following to ensure that the currency option product selected here has the below features e Option product type is Currency options e Option Type is Call e Deal Type is Buy e Option Style is Plain Vanilla e Barrier is not allowed e Delivery type is Physical e Expiration Style is American Fixing Days Specify the number of days from TD maturity date before which the exchange rate has to be fixed On maturity the exchange rate at the time of booking and the exchange rate at the time of fixing date are compared to determine the currency in which TD amount should be settled Note You will be allowed to capture this value here only if the option Dual CCY Deposit is checked at the Account Class Maintenance screen You will be allowed to modify this val ue even after authorization Recurring Deposit Specify the following details for recurring deposits ae ORACLE Recurring Deposit Check this box to indicate that the account class is specific to recurring deposit Move Maturity to Unclaimed This box is unchecked and disabled for recurring deposits Move funds on Overdraft Check this option to indicate
296. on the deposit This percentage will depend on e Deposit Tenor e Completed Tenor You can define the redemption factor for a combination of TD Tenor and Completed Tenor slabs as mentioned below through Pre Closure Factor Input STDPCFCT screen e After selecting a particular record for deposit tenor and completed tenor slabs you will be able to maintain the Redemption Factor that should be applied on the contracted rate For instance 0 8 for 80 0 9 for 90 and so on e There should be a validation on Save such that the value entered for any combination does not exceed 1 i e 100 A factory shipped SDE REDM_FACTOR is used in the interest formulae When a premature redemption is triggered this SDE returns the Redemption Factor defined for the deposit tenor and completed tenor If not available for a particular combination the system returns the value T The pre closure factor defined is linked to the IC product which in turn is linked to the account class Bank Determined Rate Method Another non booked interest formula is defined which uses a Bank Defined Rate in relation with contracted rate as follows RATE BANK_RATE RATE TENOR DAYS_FROM_START DAYS_FROM_START where e RATE and BANK_RATE are UDE s e TENOR and DAYS_FROM_START are SDE s The UDE BANK RATE of type RATE is used for defining the rate to be used in above formula If the formula results i
297. ondition By default the restrictions maintained at the account class level will be displayed here When you define product restriction attributes for an account itself rather than for the account class to which it belongs it is referred to as a Special Condition You can apply special conditions by selecting the option Applicable If you opt to define special conditions for an account the on ORACLE restrictions defined for the Account Class to which the account belongs will NOT apply to this account If you wish to continue with the account class restrictions opt for Not Applicable Product List Specify the restriction type here The options available are e Allowed If you select this the products entered in the multi entry block will be allowed for that account e Disallowed If you select this option the products entered in the multi entry block will be disallowed Product You can select the products and specify the type of transaction Dr Cr or both that you would like to allow disallow for each product In contracts involving the selected products the accounts would be used for processing the selected type of transaction For instance assume that for the account A1 you have allowed Dr for the product ABCD This would mean that if a Dr entry for the product ABCD is passed to the account A1 it would go through but in case a Cr entry is passed for this product then the system will display
298. only Check Send to Customer if the statement should be sent to the customer You can view print or spool the message based on the option selected If the Send to Customer is not checked then the generated statement can only be viewed spooled or printed The message will not be available in outgoing browser Specify if charge needs to be applied on the statement generation Applicable charges can be viewed in the charge sub screen on click of the Charge button The actual ac counting entries for the charge is processed only on the click of OK button of the Ad hoc screen You can also waive off the charges applied Reports button is provided for processing the reports Statement is generated for all the accounts maintained in the statement plan 10 20 1 Charge Details You can view waive or modify the online charges computed for the generation of the combined statement through the Charges screen You can invoke this screen by typing CSCONLEVT in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button or click Charges on the Ad Hoc Combined Statement screen Charges fm Event Sequence Number Component Account Description Amount Currency Waiver Reference No 10f1 The svstem displavs the following details in the charges screen Reference No Event Sequence Number Component Charge Account Account Description Amount 10 3
299. or e Independent tenor The rollover tenor in days months amp years will be amendable and you are allowed to input if independent tenor is selected The rollover tenor should be within the min max tenor specified at account class The rollover tenor will be validated for not null during save Interest Rate Click Compute button to display the interest rate The system displays the interest rate of the main interest UDE linked to the IC product If the interest rate for the main Interest UDE is customized using the Interest sub screen the system will display the customized rate here Along with the interest rate in the Interest sub screen this will be re populated during liquidation redemption and rollover based on the instruction at the product level Maturity Amount Click Compute button to display the maturity amount System computes Maturity Amount based on the TD booking amount and the accrued interest till maturity Maturity amount is based on the capitalized interest P 1 if the booking account and the interest liquidation account are the same and the interest payout details are not provided Note In case of rollover in a TD account the system recalculates the interest rate and maturity amount and displays the values accordingly On partial redemption the system re com putes and displays the interest rate and maturity amount The SDE DEPOSIT_AMOUNTI is used for displaying the Maturitv Amount on the sc
300. or that record 5 20 Input and Authorization Limit Validation for TD and RD The role level limit set up for a user in Role Limits Maintenance SMDRLMNE screen is applicable for Term Deposit and Recurring Deposit transactions If the user has auto 280 ORACLE authorization rights while saving the transaction input limit is validated first If the input amount is within the input limit then subsequently the authorization limit is validated At the time of input authorization of a deposit transaction if there is a breach of limit then system displays a configurable override message Note The role level limit set up done in SMDRLMNE screen is not applicable for branch screens You can set up a common limit for each channel and for all the deposit transactions done through a channel validation is done against that limit Limit restrictions will not be validated during deposit amendment Limit validations are applicable for excel upload Limit restrictions are not applicable for all type of simulation screens Limit validation is applicable only for the following types of deposits e Normal Deposits including Denominated deposits e Recurring Deposits e Discounted Deposit Limit validation is not be applicable for the following types of deposits e Auto Deposit e Sweep e Structured Deposit Limit validation is applicable for the following types of transactions e Term Deposit Opening
301. osit Tenor Maruyu Details Z Maruvu Customer Initial it 10 0 ears itis Deposit Amount 0 000 00 Limit Currency Maturity Date 2011 02 04 my Months 1 Days 0 Customer Limit Amount Account Limit Amount Simulation Details Interest Eamings 84 99 Interest Rate 10 Tax Deductions 4 25 Annual Percentage Yield 10 47 Maturity Amount 10 080 74 E Interest Liquidation Detaits 1011 i Date Interest Amount Principal Balance 2011 02 01 7287 10 07287 2011 02 04 787 10 080 74 XI m interest Maker ASHAST1 Date Time Checker 2011 01 04 12 25 20 Date Time You need to specify the following details Account Class Specify the account class in which the customer wishes to open the TD The adjoining option list displays the available TD account classes You can select the appropriate one If an RD account class is selected then on clicking the Populate button the system displays an error message as RD account class not allowed for simulation Click the P button adjoining to the account class The system validates the account number and defaults the following fields Branch Specify the branch code in which customer wants to open the account By default the system displays the current branch code however if you are multi branch operational user then you can modify this by selecting it from the adjoining option list 648 ORACLE 6 14 1 Account Open Date System defaults the current date as account o
302. osit currency _DEPTTENOR_ Term deposit tenor _MATDATE __ Maturity date _MATAMT __ Maturity amount _INTRATE_ Interest rate _INTAMT_ Projected Interest amount TDROLLTVPE Rollover tvpe _BLOCKEDAMT _ Blocked Lien amount _TAXAMT _ Tax Amount _TAXRATE_ Tax Rate _INTCUM Interest Rate Based on Cumulative Amount _BASEAMT _ Base Amount for Arriving at Interest Rate ORACLE 8 5 5 _MARUYUCUST_ This will have the value Y for if the deposit customer is Maruyu Customer and N for deposit customer not a Maruyu customer If this tag is Y then MARUTUCCY_ and _MARUYULMT_ will be displayed _MARUTUCCY_ Currency for the Maruyu Limit Maruyu Limit amount for the account TD Advices This advice will be generated for original and duplicate advice for Term Deposit A message type ICCOD will be used The tag DUPLICATE will be displayed only in case of duplicate advice generated Tag Description _BRANCH_ Code of the branch where Account is to be held _BRNAME __ Branch Name _BRNADD1 _ Branch address line 1 _BRNADD2_ Branch address line 2 _BRNADD3_ Branch address line 3 _ACLASS _ Account Class _ACLASSDEC _ Account class description _CUSTID_ CIF ID _TDATE_ Rollover date _REF_ Advice Reference _CUSTNAME _ Customer name _ADD1_ Customer address line 1 _ADD2_ Customer address line 2 _ADD2_ Customer addres
303. ount is lesser than or equal to the resultant amount of the above mentioned calculation then you can proceed with the partial redemption transaction Ifthe redemption amount is greater than the resultant amount of the above mentioned calculation then the system will display the following error message Active Failed Notice Instruction s Exist s for the Deposit Account Cannot Redeem the Deposit to the user When the partial redemption has been done in the account when Active Failed notice instructions are available the redemption will follow the FIFO order for the remaining amount During partial redemption if amount blocks of type discounted exist the system throws an override stating Amount Blocks exist for the Discounted Deposit Account In case of partial redemption the amount block on the TD account will be updated to the extent of the credited discounted interest Onaccepting the override the system will close the amount blocks and process the redemption The amount blocks can also be closed manually However in the case of a full redemption the system will close any existing amount Blocks of type dis counted and process the redemption Redemption Amount Specify the redemption amount for the partial redemption Ensure that the redemption amount is less than the account balance On partial redemption only the principal amount is withdrawn The interest amount applicable for the partially r
304. ount numbers maintained in the system You can choose the appropriate one Account Description The system displays the account description for the specified account number Account Branch The system displays the account branch for the specified account number Account Currency The system displays the account currency for the specified account number Currency Change Account The system displays the currency change account created during opening of the deposit for currency change However you can specify the currency change account number to change the currency Customer Number The system displays of customer number for the specified account number or ORACLE Customer Name The system displays of customer name for the specified customer number Current Deposit Details Account Open Date The system displays the account open date for the account number Current Balance The system displays the current balance for the account number in the respective currency Available in the ACDABLQY screen The calculation for the current balance is Initial deposit Sum of all Top up amounts Interest amount credited to the deposit account Sum of redemption amounts on the TD Account Interest Rate The system displays the current applicable interest rate for the account The amount available in the old deposit is converted to the new currency always using the standard MID rate Maturity Date The system displays the maturity dat
305. ox to enable continued variance on rollover If you check this then the system will default account variance as current value to the rollover deposit for the next cycle If you do not check this then the account variance will not be carried forward to next rollover cycle Term Deposit Redemption Pay Out Details Specify the following details for TD payout Pay Out Type Select the pay out type from the drop down list The options available are e Account e General Ledger e Banks Check e Payments e Term Deposit e Demand Draft e Loan Payment Note For Dual Currency Deposits you are allowed to select only GL and Savings Account op tions as the pay out mode You can either select GL or Savings Account but not both Also you can select only one GL or one Savings account and not multiple GLs or accounts in either case Percentage Specify the amount of redemption in percentage For redemption through multiple payment modes the redemption amount that needs to be paid to each mode is computed based on the percentage of payout specified Redemption Amount Specify the actual amount of redemption The percentage and redemption amount are conditionally mandatory You should specify either the percentage or the redemption amount Instrument Number Specify the instrument number to be issued if payout mode is BC If not the system will default the least instrument no available in the branch on save Waive Issua
306. p Amount Specify the amount that will be added to the existing deposit on the top up date Click Compute button The system defaults the Deposit Details after Topup and Interest Liquidation Details Deposit Details After Top up Term Deposit Amount The system displays the revised term deposit amount after adding the top up amount to the existing deposit Interest Rate The system displays the revised interest rate applicable for the account class amount tenor combination from date of top up Interest Earnings The system displays the total interest that will be earned from the start date of current compounding cycle to the maturity date of deposit by taking top up amount and the revised interest rate into consideration Tax Deductions The system displays the applicable tax amount that will be deducted from the interest earnings during the tenor of deposit New Maturity Amount The system displays the revised maturity amount considering the top up amount Annual Percentage Yield The system displays the annual percentage yield for the applicable interest rate Interest Liquidation Details Date The system displays the date of interest liquidation Interest Amount The system displays the interest amount that will be liquidated based on the compounding frequency Principal Amount The system displays the updated principal balance amount as on interest liquidation i e Principal Balance at the beginning of c
307. partial redemption of a top up deposit system follows the LIFO method i e the redemption amount will be taken from the latest top up first The system keeps track of the funds inflow and outflow During premature redemption the funds moving out using LIFO method are tracked and the interest for the remaining amount is calculated accordingly The penalty is calculated on LIFO method based on the number of days the redemption amount is available in the deposit This is applicable during premature full redemption penalty calculation also The SDEs DAVS FROM START DEPOSIT_AMOUNT and PENALTY_BASIS are used for calculation of penalty If for a deposit the interest amount is liquidated to the deposit account itself then any redemption after the top up will consider only the principal amount i e the interest amount liquidated to the account will not be considered for the redemption If the interest rate for the redeemed amount and the amount after redemption is Corresponding slab as on Opening date at the account class then the opening date of the deposit is considered instead of the top up date If a top up is made to a deposit and the redemption amount is taken only from top up amount then the interest re calculation will happen only from that top up date and the initial deposit amount and the interest rate picked up for that will remain unaffected Premature Redemption of Rate Chart Allowed TD During premature redemption of a
308. payment account for the payment amount as per the installment frequency If you check this box the payment account will be debited automatically for installment collection on the due date If you do not check this the payment has to be done manually through Recurring Deposit Payment Input screen The system triggers the event RDLQ on installment payment Payment to account will be successful only if the redemption transaction code is specified at IC branch parameter level If check box Auto Payment Take Down checked then from the date of checking the installment suspension automatic debit from the payment account on the installment date will be stopped These accounts will not be considered for the batch process Move Maturities to Unclaimed This box is unchecked and disabled for RD Payment Branch Specify the details for the branch to which the payment account belongs Payment Accounts Specify the payment account this can be either savings account or the current account from which the installment for the Recurring Deposit is collected as per the installment frequency If you have not checked the option Auto Payment Take Down the system will not allow you to specify the payment accounts SD ORACLE Installment Basis Select the installment basis option maintained at the account class level The following are the options available e Local Currency e Account Currency If you select Installment Basis as L
309. payout account selected in Term Deposit Redemption Input ICDREDMN screen The redemption amount will include PMI till date as in the field Total Redemption Amount e Incase of rollover the whole amount including PMI till date will be considered for rollover regardless of rollover instructions set at TD account level After Unclaimed Days The total amount including PMI will be credited to the unclaimed GL at the end of Unclaimed Days During this period you have to manually payout the amount from the unclaimed GL upon customer request Examples Deposit Amount 10000 JPY TD Opening Date 01 JAN 2013 Tenor 6 Months Maturity Date 01 JUL 2013 Grace Period for Renewal 10 days Unclaimed Days 30 days From the above scenario you can expect the following behaviour a2 ORACLE 9 5 e 01 JUL 2013 to 10 JUL 2013 The system should allow rollover with Interest Start Date as 01 JUL 2013 e 11 JUL 2013 to 31 JUL 2013 The system should allow rollover with Interest Start Date as current date If customer gives rollover request say on 15 JUL 2013 then maturity amount as on 01 JUL 2013 should be added to PMI interest accrued from 01 JUL 2013 to 14 JUL 2013 and rolled over with interest start date as 15 JUL 2013 e 01 AUG 2013 onwards post 31 JUL 2013 EOD processing the TD should be closed and moved to unclaimed GL mapped to the product In the above example if PMI_RATE UDE is
310. pecify the charge booking branch The adjoining option list displays all valid branch codes available in the system You can select the appropriate one Charge Book Account Specify the account to which charge should be booked You have an option of booking charge to a different account belonging to another branch The accounts maintained in the selected booking branch are available in the option list provided The system liquidates the charge into the selected account Charge Start Date Indicate the date from which charge calculation should start using the adjoining calendar Continue Variance on Rollover The system defaults it based on the Interest and Charges product However you can modify this If this is modified during the save the system displays a prompt Continue variance on Rollover Flag is modified Check this box to enable continued variance on rollover If you check this then the system will default account variance as current value to the rollover deposit for the next cycle If you do not check this then the account variance will not be carried forward to next rollover cycle bres ORACLE Product Code Specify the interest charge IC product code that should be linked to the account The adjoining option list displays all valid IC products available in the system You can select the appropriate one UDE Currency Specify the UDE Currency defined for the product Waive Check this box to waive off an inte
311. pening date however you can modify this date to a back date or future date If you have selected the future date for simulation and you click on Create Deposit button then the system displays an error message as Future Dated Deposit Opening not Allowed Term Deposit Currency Select the term deposit currency from the adjoining option list Customer No Specify the customer s prospect s identification number For prospects walk in customer id of the branch has to be specified Customer Name Specify the customer s prospect s name The system defaults this if you have specified the customer number Deposit Input Initial Deposit Amount Specify the initial deposit amount you want to keep with the bank for a particular tenor The system displays an error message if initial deposit amount is not specified Maturity Date If tenor is provided system calculates and displays the maturity date automatically If maturity date is provided then tenor is calculated automatically Click Compute button to default the maturity details as an output of the deposit opening simulation Deposit Tenor Years Specify the tenor of deposit in years Months Specify the tenor of deposit in months Days Specify the tenor of deposit in days Mayuru Details Maruyu Customer The system defaults this check box from the Quick Customer Addition screen STDCIFAD or Customer Maintenance screen STDCIF
312. plays the amount of interest liquidated till date from the liquidated interest Tax Collected The system displays the amount of tax collected till date Deposit Tenor The restriction period has to be less than maximum tenor allowed If maximum tenor is not maintained at the account class level then restriction period will not be validated On rollover the restriction period will be reset to rollover date While checking if the lock in period is greater than maximum tenor months will be converted to 30 days for validation purposes and if redemption is done during the lock in period the system will display an override This is configurable to an error message Years The system displays the tenor of deposit in years opa ORACLE Months The system displays the tenor of deposit in months Days The system displays the tenor of deposit in days Redemption Details Redemption Mode Select the mode of redemption from the adjoining drop down list Select one of the following e Full Redemption e Partial Redemption Redemption Execution Date Specify the date on which redemption will be executed This date cannot be the past date If the past date is specified then the system displays an error message as Back Dated Redemption is not Allowed Redemption Amount Specify the amount to be redeemed Depending on the redemption mode selected e Full Redemption If selected the system defaults the full redemption amount
313. posit in that case termed as notice deposits When the term is over the deposit can be withdrawn or it can be held for another term partly or fully Generally speaking the longer the term the better is the yield on the money Some banks put conditions like minimum amount of deposit and in multiples of specific units of amount For e g the minimum deposit amount is Euro 100 and deposits can be made in multiples of Euro 10 Banks may allow full or partial withdrawal of amount Customers can place TD as collateral while availing loan facility or while availing Letters of Credit Guarantee facility from the bank Recurring Deposit RD is an account where the lender customer deposits a fixed amount of money every month for a fixed tenure generally ranging from one year to five years This scheme is meant for investors who want to deposit a fixed amount every month in order to get a lump sum after some years The small monthly savings in the Recurring Deposit scheme enable the lender to accumulate a handsome amount on maturity Interest at TD rates is computable on monthly or quarterly compounded basis Dual Currency Deposit DCD is a short term currency linked deposit that allows the lender to earn a higher interest rate than regular TD The bank provides the customer lender with a yield enhancement over and above the normal TD rate In return the bank has the right to convert the deposit currency into a linked currency at the pre det
314. posit account is considered as the Rollover Tenor during deposit rollover During opening or modification within the term of the deposit if you change the defaulted value for Rollover Tenor from Account Tenor to Account Class Tenor then on save system displays the override message Re pick up Account Class Tenor on Rollover restrictions at account class will be ignored On save system updates the Next Maturity Date with the sum of maturity date and original tenor of the deposit Independent Tenor Select this option to provide a different tenor rather than default from account class or account tenor On selecting this option you can specify the Rollover Tenor in years months and days combination The tenor should be specified within the minimum and maximum tenor limits maintained at the account class level If it is not within the minimum and maximum limit then the system will display an error message Rollover tenor does not fall in the range of minimum and maximum tenor allowed The rollover tenor for independent tenor should not be null On save system updates the Next Maturity Date accordingly Note System validates that the rollover tenor is within the minimum and maximum tenor allowed for the account class If this validation fails then system displays the error message Roll over tenor does not fall in the range of minimum and maximum tenor allowed The next matu
315. ppropriate GLs maintained at your bank The system allows you to select Close on Maturity box only when you specify the recurring deposit details You have to maintain deposit transaction code as DPN RD payment transaction code as RED and prepayment transaction code as TRF for the recurring payments in the Branch Parameters for the Interest and Charges All recurring deposit payments are part of IC batch beginning of day activity Installment Frequency Specify the following details Move funds on Overdraft Check this option to indicate whether the Recurring Deposit account funds should move to an unclaimed account if it is overdue Days Specify the installment frequency in terms of days BAT ORACLE 6 14 Months Specify the installment frequency in terms of months Years Specify the installment frequency in terms of years Simulating TD Opening You can use this screen to initiate the deposit opening simulation for the existing customers as well as for the prospects using Conventional Term Deposit Simulation Input screen To invoke this screen type STDTDSIM in the field at the top right corner of the Application tool bar and click the adjoining arrow button Ek oeposa Simulation X EA Save Account Class TDA2 B Term Deposit Currency USD Customer No 00008109 CustomerName OATS_HNI Branch 000 Account Open Date 2011 01 04 ry Deposit input Dep
316. products pending liquidation the system will display list of Close Out modes to facilitate account closure You can maintain the closing modes using Term Deposit Closing Mode 29 ORACLE Maintenance screen To invoke this screen type STDCLOSE in the field at the top right corner of the Application tool bar and click the adjoining arrow button LBL_ACCLOSE_MAINT Fi New amp Enter Query Close Mode Product Description Debit Credit Credit v Input By Authorized By Modification Date Time Date Time Number IM Authorized L Open Specifv the following details Closing Mode You need to maintain the following modes e CASH This indicates closure by cash e FT This indicates closure by funds transfer e GL This indicates closure by transfer to GL e BCA This indicates closure by banker s cheque e PC This indicates closure by transfer of funds to another account using PC module Note The close mode maintained in the screen will be used at the time of processing redemption Close mode is mandatory if the redemption is by Account GL Cash amp Loan For redemption through BC DD the RT product maintained at ARC level for the BC DD instrument will be considered during redemption Close mode is not applicable or PC and TD pay outs Description Give a brief description for the closing mode Product Specify the Retail Teller product
317. ption Mode Redemption Amount You cannot navigate to the Redemption Simulation screen once you click on the Redeem Deposit button Note Deposit redemption simulation can be initiated only for existing customers Option is available to simulate full redemption or partial redemption You can edit the input data for simulation both before or after the simulation You can simulate the redemption calculations for a denominated deposit After the simulation is completed you can redeem a deposit using the same parameters as entered during simulation Ifthe redemption simulation is done with a future date then while you try to redeem the deposit by clicking the Redeem Deposit button system will display an error message Future Dated Redemption is not Allowed If there is any amount blocks available for the deposit it will be possible to perform the simulation However if you try to redeem the deposit by clicking Redeem Deposit button then system will display an error message Deposit Cannot be Redeemed due to Amount Block RD redemption can not be simulated through the Redemption simulation screen Maintaining Notice Instruction Oracle FLEXCUBE allows you to capture the notice instruction for redeeming the amount from the Notice Deposit Account You can provide a notice instruction for a Notice Deposit account at any time post Notice Deposit Account creation If the notice instruction is p
318. ption amount in words _NEWRATE Interest rate applicable for current redemption _INTAMT__ Amount of interest payable for current redemption _SPLCCY_ Interest Amount Currency _INTAMTWORD Interest amount in words _PENAMT_ Amount of penalty applicable for current redemption _CCY_ Penalty Amount Currency _PENAMTWORD Penalty amount in words _TAXAMT_ Amount of tax applicable for current redemption _SPLCCY_ Tax Amount Currency _TAXAMTWORD _ Tax amount in words _NETINTAMT Net interest amount payable for current redemption _SPLCCY _ Net Interest amount currency _NETINTAMTWORD Net interest amount payable in words _NET AMT _ Net amount payable for current redemption _CCY_ Net Payable amount currency _NET AMTWORD_ Net amount payable in words _BALTERMDEPAMT _ Amount of Term Deposit after redemption _CCY_ Currency _TERMDEPAMTWORD_ Amount of Term Deposit in words _NEWXRATE_ Applicable Rate _APY_ Annual Percentage yield _NEWINTAMT _ Interest Amount _SPLCCY __ Interest Amount currency ORACLE 8 6 8 6 1 8 6 1 1 Advice Tag Description NEWINTAMTWORD _ Interest amount in words _TAXAMT1_ Tax Amount _SPLCCY_ Tax Currency _TAXAMTWORDS 1 _ Tax Amount in Words _NEWMATAMT _ Maturity Amount _NEW Maturity Amount in words MATAMTWORDS _ _CCY_ Maturity amount currency _INTCUM Interest Rate Based on Cumulative Amount _BASEAMT Base Amount for Arriving at Interest Rate Even
319. r Narrative You can capture the following details Branch Code Branch code of the current branch is defaulted here Account Account number of TD is defaulted here from the main tab Currency Currency code of the TD account is defaulted here Banker s Cheque DD Tab On invoking the Term Deposit Interest Payout Details screen this tab is displayed by default You can specify the following details QAL ORACLE 5 12 3 Cheque DD Details You can specify the following cheque or DD details here Bank Code Specify the bank code The adjoining option list displays all the bank codes maintained in the system You can choose the appropriate one Payable Branch Specify the branch from which the interest is payable The adjoining option list displays all the bank codes maintained in the system You can choose the appropriate one Instrument Type The system displays the instrument type Currency The system displays the currency Beneficiary Details You can specify the following beneficiary details here Beneficiary Name Specify the beneficiary name Passport Number Specify the passport number of the beneficiary Narrative Enter a brief description of the beneficiary Beneficiary Address Specify the beneficiary address PC Tab Click PC tab on the Term Deposit Interest Payout Details screen The following screen will be displayed interest Payout Details Branch Currency
320. r by e Click on the option list next to the Signatory Number A list of customer signatory numbers whose details have been captured will be displayed along with their names Pick up the signatory whom you want to make an account signatory for the account e Keving in the customer Signatory Number and Name directly if the signatory number has not been maintained through the Customer Signatory details screen Note If the signatory ID that you specify has not been maintained the System displays an over ride On confirming the override you will be allowed to save the signatory details An error message is displayed if you enter a duplicate Signatory ID Each time you capture a new Signatory ID at the account level you must identify the relationship of the signatory with the customer Minimum Number of Signatories Specify the minimum number of signatories necessary to endorse an instrument involving the account Customer Name The system displays the name of the corresponding customer Account Message You can capture information about particular signatories These messages could pertain to the name number and the type of signatory your customer is For instance you can capture a message like This signatory is a joint account holder with rights to sign instruments only up US 8000 Signature ID Specify the signatory identification number Signatory Name The system displays the corresponding name of the signatory ID specifie
321. r number the system displays the name of the customer Include Subordinates The relationship managers can generate the reports for the customers who are associated with their subordinate RMs Choose one of the following options e Yes Select this to include the customers assigned to your subordinate RMs e No Select this to generate the report only for the customers assigned to you excluding the customers assigned to your subordinate RMs Choose the appropriate one Once you have specified the details click OK The system generates the report based on the parameters specified Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The term deposit exceeding lien limit report contains the following details 10 32 ORACLE Header Elements Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Current Run Date and Time Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body Elements Field Name Field Description RM Id Relationship Manager ID Customer No CIF Number Customer Name Customer Name Deposit Amount Deposit Amount Deposit Term Deposit Term in Days Months and Years Account Number Account Number Td Maturity Date Maturi
322. ranch address line 1 _ BRADDR2_ Branch address line 2 _ BRADDR3_ Branch address line 3 _ACLASS _ Account Class _ ACLASSNAME _ Account Class Name _CUSTID_ CIF ID _CUSTNAME _ Customer name _ADD1_ Customer address 1 _ADD2_ Customer address 2 _ADD3_ Customer address 3 _ADD4_ Customer address 4 _TERMDEPAMT _ Account Balance _TDACNO _ Term Deposit Account Number _VDATE_ Opening date _CCY_ Currency _XRATE_ Applicable Rate _SPLAMT1 _ Interest Amount _SPLCCY_ Interest Amount currency _SPLAMTWORD 1 _ Interest Amount in words _MATAMT_ Maturity Amount _MATAMTWORDS _ Maturity Amount in words _CCY_ Maturity amount currency _MDATE_ Maturity Date _INTPAIDOUT _ Interest paid out as on simulation date _SPLCCY Interest paid amount currency _INTPAIDOUTWORD _ Interest paid out amount in words ORACLE 8 5 8 Advice Tag Description _TAXCOLL_ Amount of tax collected as till date _SPLCCY Tax collected amount currency _TAXAMTWORDS _ Tax amount in words _TDATE_ TD Booking date _RENTYPE_ Type of rollover _TENORY_ Rollover term in years _TENORM_ Rollover term in months _TENORD_ Rollover term in days _TERMDEPAMT _ Amount of Term Deposit for rollover _TERMDE Term deposit amount in words PAMTWORD_ _MDATE1_ Maturity Date _XRATE1_ Applicable Rate APV Annual Percentage vield SPLAMT Interest Amount _SPLCCY_ Interest Amount cur
323. ransaction of the account being queried Auth Stat The system displays the authorization status of transaction of the account being queried User ID The system displays the user Id of transaction of the account being queried ott ORACLE 6 22 1 IC Batch Processing There will be no interest paid during the course of the deposit in Discounted type products The Amount Block created on term deposit account for discounted interest will be removed by the system during the maturity of the term deposit The discounted interest of the rolled over deposit will be paid upfront during rollover If Amount Block for Discount option is required the amount block will also be done on the new deposit ICEOD batch will do this operation 6 78 ORACLE 7 1 7 2 7 RD Operations Introduction You can perform the following operations on a Recurring Deposit RD e Payment e Reversal Capturing Payment Details You have the option of allowing manual receipt of installments Invoke the Recurring Deposits Payment Input screen from the Application by typing ICDRDPMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Recurring Deposit Payment Input Save IRD Account Details Branch Code 000 a Transaction Date E RD Account Number az Maturity Date Currency Installment Basis Account Currenc
324. ransfer to any account specified by the customer Pay out by child TD creation wherein another TD is created using the maturity amount Pay out by transfer to GL Pay out by cash Only from Savings module Pay out by Demand Draft Pay out by PC Simulation The TD module offers a simulation tool wherein a TD can be simulated to enhance sales and service aspects to new existing customers You can also generate a TD Certificate Pre requisites for TD Processing To handle a term deposit in Oracle FLEXCUBE you need to o ON Oa F WD gt Set up a suitable account class Set up an IC rule Set up a suitable IC product Maintain UDE Account Class combination Define IC rates Define floating interest rates Maintain a term deposit account Define Interest Conditions and other parameters for the deposit account Maintain Pay in and Close out mode parameters This manual explains how you can create and service a deposit through the TD Module For details about TD creation using Branch you may refer the Savings User Manual ORACLE 3 1 3 Term Deposit Maintenance Maintaining Payin Parameters In case you have specified that the TD Payin be done by GL you need to maintain the GL details through the Term Deposit Payin Parameters Maintenance screen You can also invoke this screen by typing STDTDPAV in the field at the top right corner of the Application tool bar and cl
325. rating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report 108 ORACLE Body of the report The generated report will have the following information Field Name Field Description Currency This indicates the interest booking account currency No of Deposits Displays the currency wise number of deposits for a branch for the previous month Previous month This indicates the previous month deposits Deposits Cost per annum This indicates the cost percentage per annum Cost percentage per annum for previous month Previous month deposit amount x 100 Sum of Deposit Amount for a specific currency for a branch with start date from first day of the current financial year till date No of deposits This indicates the currency wise no of deposits for a branch for the current month Current month This indicates the current month deposits Deposits Cost per annum This indicates the cost percentage per annum Cost percentage per annum for current month Current mo
326. re is no active failed notice instruction the system will allow to full redemption and update the record status of notice instruction screen as Closed Gro ORACLE 6 19 It will not be possible to close the notice instruction record if the related Notice Deposit Account is in Open status Requesting for TD Currency Change You can change the deposit currency during life cycle of the term deposit using Term Deposit Currency Change Request screen Suppose a currency change request fails due to some reason then you can not reuse the same request for the next day a new request has to be raised To invoke this screen type STDACCH in the field at the top right corner of the Application tool bar and click the adjoining arrow button Term Deposit Currency Change Request Y New EJ Enter Query AccountNumber 000003266015 G Account Branch A int ren Account Description AMBER ccount Cu cy Currency Change Account Customer No 001003266 Customer Name Current Deposit Details Deposit Tenor Account Open Date 2011 01 04 Current Balance 50 000 00 Interest Rate 2 Maturity Date 2011 04 04 Currency Change Details New Account Currency Value Date Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can the enter the following details Account Number Specify the account number for which the currency change is required The adjoining option list displays all valid acc
327. reen Refer the chapter Annexure B IC Rule Set up in this user manual for details about the formula for calculating interest rate and maturity amount Deposit Tenor The system calculates the tenor of the deposit account to the difference between Interest start date and Maturity date and displays it In case of change in maturity date the system changes the deposit tenor oe ORACLE Note System validates that the deposit tenor is within the minimum and maximum tenor allowed for the account class If this validation fails then system displays the error message De posit tenor does not fall in the range of minimum and maximum tenor allowed You can modify the default tenor during the following e Deposit account opening e Any time before maturity during the life cycle of the deposit e Onrollover of the deposit If you specify the tenor the system computes the maturity date Once the record is authorized you cannot amend the tenor The deposit tenor is represented in terms of years months and days For example if the deposit tenor is 185 days it should be represented as 0 years 6 months and 5 days You need to specify the values in the appropriate fields If the arrived maturity date falls on a holiday then the system will adjust the maturity date as per the Holiday Treatment Maintenance at Account Class level and update revised tenor Years This indicates the number of years in the deposit tenor
328. rency _SPLAMTWORD Interest amount in words _TAXAMT_ Tax Amount _SPLCCY_ Tax Amount currency _STAXAMTWORD __ Tax Amount in words _MATAMT1_ Maturity Amount _MATAMTWORDS1_ Maturity Amount in words _CCY_ Maturity amount currency _INTCUM Interest Rate Based on Cumulative Amount _BASEAMT_ Base Amount for Arriving the Interest TD Top Up Simulation Advice This advice will be generated for simulation of TD top up A message type TD TOP SIM will be used Advice Tag Description _BRANCH_ Code of the branch where Account is to be held ORACLE Advice Tag Description _ BRNAME _ Name of the branch where Account is to be held _ BRADDR1_ Branch address line 1 _ BRADDR2_ Branch address line 2 _ BRADDR3_ Branch address line 3 _ACLASS _ Account Class _ ACLASSNAME _ Account Class Name _CUSTID_ CIF ID _CUSTNAME _ Customer name _ADD1_ Customer address 1 _ADD2_ Customer address 2 _ADD3_ Customer address 3 _ADD4_ Customer address 4 _TERMDEPAMT _ Amount of Term Deposit TERMDEPAC __ Term Deposit Account Number _TENORY_ Tenor Term in years _TENORM_ Tenor Term in months _TENORD _ Tenor Term in days _VDATE_ Opening date CCY_ Currency _XRATE_ Applicable Rate _APY_ Annual Percentage yield _SPLAMT_ Interest Amount _SPLCCY_ Interest Amount currency _SPLAMTWORD_ Interest Amount in words _MATAMT_ Maturity
329. report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The remaining content displayed in the report is as follows Header The following details are displayed in the header section Field Name Field Description Report Name Indicates Report Name Branch Indicates Current Branch code and Branch Name User ID Indicates the Identification of the User Branch Date Indicates the date of Branch in which report is taken Page No Displays Page number out of total number of pages in report Module Indicates the Module of the Report Report Run Date and Time Indicates Current System Date and Current System time Body of the Report The body of the report displays 10 44 ORACLE e Account Branch e Branch Code e Term Deposit Account Number e Term Deposit Account Currency e Notice Reference Number e Notice Amount e Date of Failure 10 20 5 Defaulted Exchange Rate Modified in Term Deposit Report You can generate TD exchange rate report using Defaulted Exchange Rate Modified in Term Deposit screen You can invoke this screen by typing TDRRTMOD in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Defaulted Exchange Rate Modified in Term Deposit Branch 000 az From Date 04 JAN 2011 E3 Customer C
330. report Module Indicates the Module of the Report Report Run Date Indicates Current System Date Report Run Time Indicates Current System Time Customer Name Indicates the name of the customer Customer Address Indicates the address of the customer Account Summary Details Indicates the summary details for CASA TD and CL Body of the Report The body of the report displays e Current And Savings Account Activity Summary e Deposit Account Activity Summary e Loan Accounts Activity Summary e Detailed CASA Account Activity Statement e Detailed Deposit Account Activity Statement e Detailed Loan Accounts Activity Statement For further details on combined statement refer section Maintaining Combined Statements section in Generating Account Statements chapter of CASA user manual 10 20 3 TD Linked to OD Account Report You can generate TD Linked to OD Account Report using TD Linked to OD Account Report screen You can invoke this screen by typing TDRLNKOD in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button TD Linked to OD Account Report Branch Code Customer ReportFormat PDF Printer At Client Report Output Print Printer Specify the following details 19 40 ORACLE Branch Code System displays the branch code Customer Specify the customer number Click Ok to generate the report Contents of the Report T
331. rest or a charge that has been specified Generate UDE Change Advice Check this box to generate the UDE change advice Open Check this box to make the product applicable again More than one product may be applicable on an account class at the same time You can temporarily stop applying a product on an account class by closing it You can achieve this by un checking the box Open The product will cease to be applied on the account class Effective Dates Specify the following details Effective Date Indicate the date from which a record takes effect using the adjoining calendar Open Check this box for records with different effective dates if the values of the UDEs vary within the same liquidation period Account UDE Value Specify the following details User Defined Element ID Specify the UDE ID for the account UDE Value Specify the values for a UDE for different effective dates for an account When interest is calculated on a particular day for an account with special conditions applicable the value of the UDE corresponding to the date will be picked up Rate Code Specify the rate code for the account Variance Specify the variance in the interest rate This is the variance alone The effective rate will be the sum of the TD rate code and the variance that you specify here This value can be modified at any point of time Interest Rate Based on Cumulative Amount Check this box to indicat
332. rincipal alone is rolled over e Principal Interest For you to choose this option the interest booking account has to be the TD account For this option you should not specify the payout details If you select this option then the system will roll over the principal and interest amount on TD maturity date e Special Amount If you choose this option the system will roll over the amount specified in Rollover Amount field irrespective of what the interest booking account is Upon maturity of the rolled over TD the system will roll over with the same amount special amount and settle the interest amount as per TD pay out details maintained e Interest For you to choose this option the interest booking account has to be the TD account Also you should specify the principal payout account and leave the interest payout account If you select this option then the system will roll over the interest amount on TD maturity date The principal will be settled as per the pay out details maintained This option is not allowed for discounted deposits You should choose the maturity instruction as Auto Rollover to select any of these above options The system will select the option Principal and disable this field if you check the box Close on Maturity At the time of TD rollover in case of discounted interest only Principal can be rolled over The Cumulative option is not allowed with Discounted Interest option The
333. rity date will be adjusted based on the holiday treatment at account class level The tenor in ICDREDMN screen will remain the same after holiday adjustment On Bis ORACLE query from STDCUSTD after rollover Deposit tenor will be populated with the holiday ad justed tenor and original tenor with the actual tenor before holiday adjustment Days Specify number of days for the rollover of term deposit Months Specify number of months for the rollover of term deposit Years Specify number of years for the rollover of term deposit Note On saving the tenor the system displays the Maturity Date The system allows the rollover of the term deposit for the tenor which is less than the maximum tenor maintained at the account class level Therestriction period has to be less than maximum tenor allowed If maximum tenor is not maintained at the account class level then restriction period will not be vali dated On rollover the restriction period will be reset to rollover date While checking if the lock in period is greater than maximum tenor months will be converted to 30 days for validation purposes and if redemption is done during the lock in period the system will display an override This is configurable to an error message Next Maturity Date The system displays the new maturity date based on the given renewal period Interest Rate Based on Cumulative Amount Check this box to indicate that the
334. rovided during the lock in period the system will display an override message The notice can be provided using any one of the following options Notice Account Number Transaction Reference Number combination Here you can provide the notice by Notice account number Top up Reference number by choosing the Topup Reference number Notice deposit number Notice account withdrawal can be done on notice maturity date Notice Account Number Notice Amount combination you can specify an independent notice amount for withdrawal The notice amount specified should consider the transaction reference numbers in FIFO order for withdrawal i e the contract which is created first will be redeemed first The redemption can be a combination of different transactions in order to achieve the specified amount ak ORACLE You can maintain notice instructions using the Notice Instruction Maintenance screen You can invoke this screen by typing STDNTINS in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Notice Instruction Maintenance X E new E gt Enter query ustomer Na Customer Number Notice Details of Notice Deposit Notice Reference Number Notice Instruction Transaction Reference Number Notice Amount Notice Date Notice Maturity Date Auto Liquidation Notice Status By Amount Mod No core Status Cancel Date Time You can specify the following details
335. rt of EOD For those accounts when interest rate changes the details are handed off for rate change advice generation and the same is generated in the pre determined SWIFT format as per MT 935 If the advice format is maintained in MAIL FAX formats then message type UDECA will be used a ORACLE The advice tag used for interest rate change is RTCHG ADVICE The advice format for interest rate change as per MT935 is given below Status Tag Field Name i be No M 20 Transaction Reference Number 16x 1 O 23 Further Identification 16x 2 O 25 Account Identification 35x 3 M 30 Effective Date of New Rate 6 n 4 M 37H New Interest Rate 1 a12d 5 O 72 Sender to Receiver Information 6 35x 6 M Mandatory O Optional Open You can temporarily stop applying an IC product on a TD by un checking this box The product will cease to be applied on the term deposit You can make the product applicable again by checking this box Effective Date Indicate the following details Effective Date The Effective Date of a record is the date from which a record takes effect You can maintain different values for a UDE for different effective dates for an account When interest is calculated on a particular day for an account with special conditions applicable the value of the UDE corresponding to the date will be picked up Typically you would want to open records with different Effec
336. ry block will be disallowed Transaction Code Likewise you can maintain restrictions for transaction codes as well Transaction code based restrictions are allowed only for entries initiated from the Data Entry module Otherwise you should use product code based restriction Description The system displays the description for the transaction code that you have specified Debit During transaction processing the system will validate whether any restrictions are placed on the account based on the transaction code If you have indicated to allow Dr transactions for a particular transaction code and attempt to post a credit entry the system will seek an override If the message has been configured as an override instead of an error you will be able to continue the transaction despite the restrictions by providing appropriate reasons for the same Otherwise you cannot continue with the transaction During maintenance or online operations in the respective contract screens for the restricted transactions when you specify the customer account the system checks whether the account is restricted for the product that has been selected or the debit credit transaction type If so an override is sought when such contracts are saved Credit During transaction processing the system will validate whether any restrictions are placed on the account based on the transaction code If you have indicated to allow Cr transactions for
337. s Generation of reports 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 acquaints you quickly with the organization audience Chapter glossary of icons and related documents for this User Manual Term Deposits An Overview offers a brief insight into the TD module Chapter 2 and lists out the salient features Term Deposit Maintenance explains the maintenances required for creat Chapter 3 a ing and servicing TDs Chapter 4 TD Account gives details about how to create a TD account TD Additional Details gives information about the additional information Chapter 5 that can be captured while creating a TD It also explains the procedure to maintain instructions for operating a TD Chapter 6 TD Operations explains the operations you can perform on a TD Chapter 7 RD Operations explains the operations you can perform on a recurring deposit t1 ORACLE 1 5 1 6 Annexure A Accounting Entries lists the suggested event wise account Chapter 8 ing entries that can be set up for the Interest and Charge product appli cable for the TD module of Oracle FLEXCUBE Annexure B IC Rule Set up lists the Inter
338. s New Maturity Amount APY Redeem Deposit Input By Authorized By Date Time Date Time Authorization Status Status Specify the following details Existing Deposit Details Account Number Specify the term deposit account number The adjoining option list displays the existing TD account numbers Select the appropriate one Gree ORACLE Click the P button The system validates the account number and defaults the following fields Account Branch The system displays the branch code in which the account is maintained on click of New button Account Description System displays the description of the account Account Currency System displays the currency of term deposit account Customer Number System displays the customer number based on the account number Customer Name System displays the customer name based on the customer Id Current Deposit Details Account Open Date The system displays the date on which the existing deposit is opened Principal Balance The system displays the principal balance of deposit Account Balance System displays the balance available in deposit account as on date Interest Rate System displays the rate of interest of the current deposit Maturity Date System calculates and defaults the maturity date if the tenor details are maintained Maturity Amount System displays the amount of maturity for the existing deposit Interest Paid Out System dis
339. s invokes the Interest Pay out Details screen Rollover History This invokes the Rollover History screen Documents This invokes the Document Upload screen Change Log This invokes the Customer Address Change Log screen Refer the chapter Capturing Additional Details in this User Manual for details about the aforesaid buttons Viewing Term Deposit Account Details You can view the term deposit account details maintained in the Deposit Account Booking screen using the Deposit Account Summary screen You can invoke this screen by typing anal ORACLE STSCUSTD in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button Deposit Account Summary Has Search f Advanced Search 9 Reset G Clear All Case Sensitive Authorization Status Record Status Branch Term Deposit Account Cust Numb Number em eee Term Deposit Currency Stock Catalog Code Certificate Number Currency Change Account Alternate Account Number Atm Account Number Stock Catalog Code Certificate Number f f fw fife nu In the above screen you can base your queries on any or all of the following parameters and fetch records e Authorization Status e Branch Code e Record Status e Term Deposit Account Number Select any or all of the above parameters for a query and click Search button The records meeting t
340. s level Sal ORACLE Note Interest rate based on cumulative amount is applicable only for rate chart allowed deposits TD accounts opened after the interest start date will not be considered for arriving at the cumulation amount The cumulation of the amount for arriving at the interest rate is done at the account level during the save of below events e Deposit account opening transaction e Any interest rate change to the deposit floating rate deposits rate change on interest liquidation rate change on rollover If Interest Rate Based on Cumulative Amount is checked at Account Class level then system operates in the following ways e For deposits with LDMM rates all the rate interest related UDEs will use the cumulative amount feature e Every time an interest rate change is triggered for a deposit system arrives at the new cumulative amount e When cumulating the amount of the deposits the current deposit balance of all the deposits along with the new deposit amount is considered e For backdated deposit opening all the active deposits as of the current system date are considered to arrive at the cumulative amount The following table displays the effect on the lifecycle events of the new deposit Interest Rate Based on Cumulative Amount Flag Status Interest rate YES NO pickup Base Tenor Base Tenor Amount Amount Opening Rate change on interest liquidation fla
341. s line 3 _ADD4_ Customer address line 4 _TERMDEPAMT _ Amount of Term Deposit _TDACNO_ Term deposit account number _VDATE_ Opening date _AMT_ Rollover amount _CCY_ Term deposit currency _XRATE_ Applicable Rate ORACLE Tag Description _INTAMT_ Interest Amount _SPLCCY_ Interest Amount currency _INTAMTWORD_ Interest Amount in words _TAXAMT Tax Amount _TAXCCY Tax Amount Currency _SPLCCY_ Tax collected amount currency _TAXAMTWORD Tax Amount in words DEPTTENOR Term deposit tenor _MATDATE __ Maturity date _MATAMT_ Maturity amount _MATAMTWORDS _ Tax Amount in words _CCY_ Maturity amount currency _MDATE _ Maturity Date _TDATE_ TD Booking date _INTRATE_ Interest rate _ DUPLICATE _ Duplicate Certificate _USERNAME _ User Name who has generated the advice _INTCUM Interest Rate Based on Cumulative Amount _BASEAMT_ Base Amount for Arriving at Interest Rate TD_ACCY_CH Deposit Account Currency Change _MARUYUCUST_ This will have the value Y for if the deposit cus tomer is Maruyu Customer and N for deposit customer not a Maruyu customer If this tag is Y then MARUTUCCV and _ MARUYULMT_ will be displayed _ MARUTUCCY_ Currency for the Maruyu Limit _MARUYULMT_ Maruyu Limit amount for the account For denominated certificates the following tags are available for CCOD advice Tag Description _ CDE
342. s month to the current day s system date Also you can view the accumulated interest associated with debit or credit transactions after the last liquidation 4 20 ORACLE 4 1 3 To view the turnovers for the account click the Turnover button Nominee Tab Click Nominee tab on the Deposit Account Booking screen The following screen will be displayed TD Accounts Maintenance New E3 Enter Query Branch Customer No Pay In Option Term Deposit Account Customer Name Pay in By Number Term Deposit Currency SD User Reference Account Class Clearing Type Cheque Instrument No Cheque Date Drawee Account Number Routing No Main gE Check List Dual Currency Deposit Nominee Details Name Guardian Name Date of Birth Relationship Relationship Address 1 Address 1 Address 2 Address 2 Address 3 Address 3 Address 4 Address 4 C Minor Interest Charges Linked Entities Restrictions MIS Statement JointHolders Fields Account Signatory TD Payout Details Statistics Interest Payout Details Rollover History Documents LBL_DENM_DEPOSIT ChangeLog Maker Date Time Mod No Checker Record Status Date Time Authorization Status Specify the following details Name Specify the name of the nominee Date of Birth Specify the date of birth of the nominee Relationship Specify the relationship of the nominee with the customer Address 1 to 4 Specify the
343. s report using TD Account Maturity Report screen To invoke this screen type TDRMATR in the field at the top right corner of the Application tool bar and click on the adjoining arrow button TD Account Maturity Report From Date To Date Branch Code Account Class Customer ReportFormat PDF Printer At Client Report Output Print Printer Specify the following details here From Date Enter the From date This should be greater than the current application date To Date Enter the To date This should be greater than the current application date Branch Code Specify the branch code of the TD account The adjoining option list displays the list of all the valid TD RD branch codes maintained in the system You can choose the appropriate one Account Class Specify the account class of TD account The adjoining option list displays the list of all the valid TD RD account classes maintained in the system You can choose the appropriate one Customer Specify the customer number of the customer The adjoining option list displays the list of all the valid customer numbers maintained in the system You can choose the appropriate one Click OK button to generate the report Click Exit to return to the Reports Browser 10 21 ORACLE 10 12 1 Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discuss
344. s when interest liquidation happens on an account The advices are generated in the existing SWIFT or and MAIL format No advices will be generated if you leave this box unchecked Charge Booking Branch By default the customer s account in the current branch will be displayed However you have the option of booking charge to a different account belonging to another branch also You can select the Charge Booking Branch from the option list available The accounts maintained in the selected Booking Branch will be available in the option list provided for Charge Booking Account Charge will be liquidated into the selected account 9 ORACLE Rate Chart Allowed The system defaults this preference from account class and it indicates that the system should calculate TD interest based on the LDMM float rate maintained in the LD MM Floating Rate input screen CFDFLTRI If it is checked the system will pick interest rates based on different tenors amount slab currency and effective date fora TD The system does not allow you to amend it Note During account creation for TDs if Rate Chart Allowed is checked the system does not allow IC rate code During IC calculation if the rate code is maintained for the UDE then the system derives the interest rate from the Rate Maintenance done in LD MM Floating Rate input screen CFDFLTRI Continue Variance on Rollover This is defaulted based on the Interest and Charges pro
345. savings account The Unclaimed Interest and Principal GLs are specified while maintaining an Interest and Charges IC Deposit Type product The Accounting Roles for the GLs are INT UNCLAIMED and PRN_UNCLAIMED respectively When maintaining an IC Deposit type product you have to map these Accounting Roles to the appropriate GLs maintained at your bank The system allows you to select Close on Maturity box only when you specify the recurring deposit details You have to maintain deposit transaction code as DPN RD Payment transaction code as RED and prepayment transaction code as TRF for the recurring payments in the Branch Parameters for the Interest and Charges On booking date RD installment accounting entries are posted during the IC batch Post End of Transaction Input stage From the second installment entries are posted during every IC BOD batch on the schedule date Ifan RD installment is overdue due for insufficient funds in the payment account then the system will collect the overdue installment amount as soon as funds are available during the IC batch Post End of Transaction Input stage on that day During the same batch the system will also calculate the number of overdue days and apply penalty on that RD penalty amount is calculated at the EOD but penalty is collected on account liq uidation date from the interest booking account Installment Details Specify th
346. splays the branch code of the current branch List of Joint Holders You can add the joint holder details in this section if the selected account type is Joint Maintain the following details Customer Number Specify the customer Id for the joint holder The adjoining option list displays the list of all valid customer numbers Select the appropriate one Customer Name The system displays the customer name based on the selected customer number Joint Holder Type Indicate the type of authority Select the appropriate one from the drop down menu The options are e Authorized Signatory e Customer Contact Person e Guardian e Custodian e Developer e Guarantor e Joint and First e Joint and Other e Joint or First e Joint or Other e Nominee e Related for Enquiry e Solicitor e Sole Owner e Third Party e Trustee e Valuer Start Date Specify the date from which the joint holding of the account begins End date Specify the date on which the joint holding of the account ends Note Note the following Ifthe end date expires the system does not allow you to save the customer account in case of amendment in the joint holder details The system will display an error message if you attempt to save the amendment You can enter the joint holder details only if Account Type is Joint If the account type is Joint then it is mandatory to specify the details of at least one joint hold
347. stomer Customer Name Account Class Description From Date To Date Include Subordinates Report Format Printer At Client Report Output v Printer Specify the following details here Branch Code Specify the branch code of the TD account The adjoining option list displays the list of all the valid TD RD branch codes maintained in the system You can choose the appropriate one Based on the branch code the system displays the branch name Customer Specify the customer number of the customer The adjoining option list displays the list of all the valid customer numbers maintained in the system You can choose the appropriate one Based on the customer code the system displays the name of the customer Account Class Specify the account class of TD account The adjoining option list displays the list of all the valid TD RD account classes maintained in the system You can choose the appropriate one The system displays the description of the account class From Date Enter the TD accounts which are closed from this date However by default the system displays the current application date To Date Enter the TD accounts which are closed till this date However by default the system displays the current application date Include Subordinates The relationship managers can generate the reports for the customers who are associated with their subordinate RMs Choose one of the following options 19 17 ORACLE 10 10 1
348. story Documents LBL_DENM_DEPOSIT Change Log Maker Date Time Mod No Checker Record Status Date Time Authorization Status Specify the following details Dual Currency Deposit You can capture the following details for the deposit Linked Currency This option is defaulted from the account class However you can modify this value Currency Option Product Exchange Rate Specify the exchange rate between TD account currency and the linked currency Initially it will be defaulted with the standard exchange rate However you are allowed to change the same Linked Currency Settlement A c Here you can specify the settlement account of the linked currency in case if the settlement has to happen in the linked currency at maturity The adjoining option list displays all valid accounts maintained in the system You can select the appropriate one Fixing Days Specify the number of days from TD maturity date before which the exchange rate has to be fixed This will be defaulted from the Account Class Maintenance screen However you change it Note that fixing days cannot be lesser than zero or greater than the tenor of the TD wee ORACLE Option Details Currency Option Product Specify the currency option product from the option list under which the Options Contract has to be created in case of Dual Currency Deposit The option list displays all the Option Products with Product Type CO Note You need to m
349. t Note Note the following If you want to issue certificate for Rollover then the Rollover should be checked aoe ORACLE Ifthe account is not rolled over and if you select rollover issue system throws an error message Since Account is not rolled over Rollover issue should not be checked If The Rollover certificate is issued already but the rollover issue is selected again then the system prompts to select Duplicate Issue If The certificate is not issued for rollover activity and if the duplicate issue is done then the system displays the message Certificate not issued for Rollover ac tivity Mark as Duplicate Select Mark as Duplicate to issue duplicate certificate for TD account for which certificate is already issued If it is not selected then the system displays an error message while generating the certificate Auto Generate Certificate Number Check this box to indicate whether system should automatically pickup the certificate number from inventory or the certificate number should be entered manually Click Generate button The system will generate the deposit advice The advice can be viewed on clicking the Print button Message FF New Enter Query Reference Number Receiver Sender DCN Message Type Version Number SWIFT Message Type Message Remarks Reason for Rejection Message Trailers You can view the advice using the Outgoing Message
350. t The initial deposit amount displays the amount for which TD is created If you have specified the percentage in the Pay In options on clicking the Compute button the system computes the amount And while saving the system validates the sum of Pay In Amounts against the TD Amount keyed in The system will validate for the following e The deposit amount should be equal or greater than minimum booking amount maintained at the Deposits Cluster Maintenance screen else the system will display the error message The deposit amount is less than the minimum booking amount e The deposit amount should be a multiple of the booking unit maintained at the Deposits Cluster Maintenance screen else the system will display the error message The deposit amount must be in multiples of booking unit Principal Balance Principal balance displays the initial deposit amount in TD on save If any top up or redemption has happened on the TD then the Initial deposit amount plus Top up less redeemed amount is displayed here Liquidated interest added to TD account will not be considered On closure full redemption the Principal balance will be made as 0 Computed Amount On clicking the Compute after specifying the percentage under the Pay In Details section the system computes the amount of the TD in this field On saving the record the system validates the sum of Pay In amounts against the TD Amount keye
351. t the Charge Start Date is defaulted to the Account Opening Date that is charges on the account would be applied right from the account opening date and displayed in the Special Conditions Maintenance screen oe ORACLE You can override the default Charge Start Date and specify the desired start date for charge application Interest Booking Branch By default the customer s account in the current branch will be displayed in this screen in the Interest Charge Booking Account and Interest Charge Booking Branch fields However you have the option of booking interest charge to a different account belonging to another branch also You can select the Interest Charge Booking Branch from the option list available The accounts maintained in the selected Booking Branch will be available in the option list provided for Interest Charge Booking Account You can select the account from this list Interest Charge will be liquidated into the selected account Charge Booking Branch By default the customer s account in the current branch will be displayed in this screen in the Interest Charge Booking Account and Interest Charge Booking Branch fields However you have the option of booking interest charge to a different account belonging to another branch also You can select the Interest Charge Booking Branch from the option list available The accounts maintained in the selected Booking Branch will be available in the option list provided for
352. t Category x Document Type Document Reference Remarks Upload ADDRESSPROOF ad TELEPHONEBILL ai el SE Document Upload Document Path JCBrowse In the Document Upload sub screen specify the corresponding document path and click the Submit button Once the document is uploaded through the upload button the system displays the document reference number View Click View to view the document uploaded Specifying Denominated Deposit Details You can capture denominated deposits details in the Denominated Deposit screen To invoke this screen click the button Denominated Deposit on Deposit Account Booking screen vA ORACLE Denominated Deposit Denominated Allocation Details 1014 ot fae Denomination ID Denomination Description Denomination Value Total Amot v BI lt Certificate Status Query Modification Active Certificate Only Single Certificate Only All Certificates 1 Of 1 E Certificate Number Denomination Value Issue Date Current Status New Status Status Che Issued v 4l Bulk Status Change Select Bulk Status Change Reason The following details are captured here Denomination Allocation Details The following denomination allocation
353. t Product You can link the TD Account Class to the Interest product in the Interest and Charges Interest Product Preferences screen Click Preferences button on the Interest and Charges Product Maintenance screen and invoke the following screen interest Product Preferences Product Code UDE Currency Account Currency v Description Main interest Rate UDE Accrual Product Level PaymentMethod Bearing Accrual Day 0 Discounted Frequency Daily 7ILBL AMTBLKFORDIS Cycle None Calculation and Liquidation Days First Liquidation On Months 0 Liquidation at Month Ends Year 0 Start Date Start From Account Back Value Recalculation Opening Flag C Refund Tax on Pre Closure _ Defer Liquidation Defer Liquidation Days 0 OD interest reversible C Liquidation Before Month End Defer Before Month End Days 0 ILM Parameters ILM Product ILM Type Debit Interest Notification Receivable General Ledger 7 Redemption Advice Required Account Details 10f1 Account Class Description Currency Special Condition Only LBL_RATECHNG il Here you can specify preferences for profit calculation and application on the accounts to which this product is applied Account Details You can indicate the TD accounts on which this product should be applied Account Class Specify the account class of Deposit type that you have maintained for creating
354. t corner of the Application tool bar and click the adjoining arrow button Top Up Simulation Screen 1 D new amp Enter Query Term Deposit Account Account Description Number Customer ID Baiiia Customer Name n a Account Currency Principai Amount Account Balance Account Open Date interest Rate Tenor Years Interest Paid Out ae Tax Collected Days Maturity Date Maturity Amount op Up of Team Deposit Revised Deposit Details Value Date New Term Deposit Amount Top Up Amount New Interest Rate Interest Eamings Tax Deductions New Maturity Amount APY Interest Liquidation Details 10f1 ae Date InterestAmount Principal Amount a Top Up Deposit Maker ID Checker Id Maker Date Stamp Checker Date Stamp Authorization Status Specify the following details Account Number Specify the existing term deposit account number The adjoining option list displays all the account numbers for which the top up is allowed at the account class level Select the appropriate one 698 ORACLE Click the P button The system validates the account number and defaults the following fields Account Branch The system displays the branch code in which the account is maintained on click of New button By default the current branch code is displayed Account Description The system displays the description of the account Account Currency The system displays the currency of the term deposit
355. t displays the following values e Local Currency e Account Currency If you select Installment Basis as Local Currency for a FCY account the system will convert the installment amount in local currency into an equivalent amount in account currency and credits it to the RD account This happens during every RD installment payment The system checks if the Pay in Account Funding Account is in local currency if the Installment Basis is selected as Local Currency Installment Basis field cannot be modified once the account creation is verified If you have selected Installment Basis as Local Currency then the system should validate to restrict the payment account to be in LCY and derive the installment amount You need to consider Installment Basis value during RD payment through Recurring Deposits Payment Input ICDRDPMT screen which is derived from Deposit Account Booking STDCUSTD screen This field will be disabled Installment amount The system displays the installment amount for the RD on specifying the recurring deposit account CCY The system displays the currency for the RD on specifying the recurring deposit account Payment Details Specify the following details Payment Branch Code Specify the code assigned to the branch in which the payment is to be made The adjoining option list displays all valid branch codes maintained in the system You ca
356. t the account level from expect ed date of submission or the expiry date If there are more than one notifications or reminders of the same message type for which the notification schedule date falls on the same day for the same account a single notifi cation will be sent which will have the details of all the related documents Remarks 1 to 10 Specify the additional information if required Capturing Additional Details You can capture additional details for the account by clicking the following buttons in the Deposit Account Booking screen Button Function Interest This invokes the IC Special Conditions Maintenance screen Charges This invokes the Account level charges conditions screen Linked Entities This invokes the Linked Entities screen Restrictions This invokes the Products and Transaction Codes Restriction screen 4 20 ORACLE 4 2 MIS This invokes the Management Information System screen Statement This invokes the Statement Details screen Joint Holders This invokes the Linked Entities screen Fields This invokes the User Defined Fields screen Account Signatory This invokes the Signatory Details screen TD Payout Details This invokes the Term Deposit Payout Details screen Statistics This invokes the Account Statistics screen Interest Payout Details Thi
357. t while saving then the system will display the following override message ki ORACLE Modified Exchange rate crosses allowed variance e When there is multi pay in or pay out scenario each option will consume the respective applied exchange rate for the apportioned amount e When the exchange rate type and code to be applied are not maintained for a combination of pay in pay out modes the system will continue with the STANDARD MID rate If you try to change the applied exchange rate the system will display an error message e Any conversion due to sweep operation and auto deposits should also follow the rate configured at account class e If deposit currency and pay in currency are the same then the Applied Exchange Rate cannot have a value other than 1 i e for pay in pay out through cash and the same currency account instrument for account For other modes Applied exchange rate is not applicable and system will not take the value for the same Main Tab On invoking the Deposit Account Booking screen this tab is displayed by default You can specify the following details Description This is the description of the account Here you can enter the nature of the TD account If a customer has two or more accounts under one account class you can specify the purpose of that account In case of child TD the system automatically populates the description on creation of child TD Account Type You have to ind
358. t wise Accounting Entries for Products You can set up various IC products for handling TDs Some representative products are listed below e TD with Capitalization e Normal TD with Simple Interest e TD with Rate Chart Allowed e Recurring deposit Scheme TD with Capitalization You can set up event wise accounting entries and advices for the product as suggested below Accounting roles are for sample rule ID AP01 DEBK Book Accounting Entries Accounting Role Amount Tag Dr Cr Indicator TDACCOUNT TD PRINC Credit TDOFFSET TD PRINC Debit 8 19 ORACLE 8 6 1 2 8 6 1 3 IACR Interest Accrual Accounting Entries Accounting Role Amount Tag Dr Cr Indicator AP01 PNL_ADJ 1 IACR_ADJ Debit AP01 ACR_ADJ 1 IACR ADJ Credit APOtT PNL 1 IACR Debit AP01 ACCR 1 IACR Credit ILIQ Interest Liquidation Accounting Entries Accounting Role Amount Tag Dr Cr Indicator AP01 ACCR 1 ILIQ Debit AP01 PNL_ADJ 2 IACQUIRED Credit AP01 BOOK 2 IACQUIRED Debit APOT BOOK 1 IACQUIRED Credit AP01 ACQUIRED 1 IACQUIRED Debit APOT BOOK 1 ILIQ Credit AP01 BOOK 3 TAX_ADJ Debit AP01 TPBL 3 TAX Credit AP01 BOOK 3 TAX Debit AP01 PNL 2 ILIQ Credit AP01 BOOK 2 ILIQ Debit AP01 TPBL_ADJ 3 TAX_ADJ Credit 8 20 ORACLE 8 6 1 4 8 6 2 8 6 2 1 8 6 2 2 IMAT Interest Maturity Accounting Entries
359. te field under Payment Details of Redmeption will be null When funds are moved to CASA from Auto deposits and linked deposits through sweep out the interest will get processed The elements required to define different interest formulae and selecting the appropriate formulae are summarised as follows Option Method Elements A CASA Interest Rate UDE to define CASA interest rate to be used in formula B Percentage of Contracted SDE to return the redemption Rate REDM_FACTOR factor for the corresponding TD tenor and completed tenor combi nation C Bank Determined Rate UDE to define the bank deter Method mined rate to be used in formula D Percentage of Revised UDE to define the percentage of Rate Method RVS interest rate to be paid on redemp D_RATE tion SDE to return the interest rate for the redeemed amount as on TD opening date E Redemption Months SDE Number of calendar months MONTHS FROM START the redemption date is apart from the TD opening date F Redemption SDE Indicates 1 for redemption REDEM event 9 23 ORACLE Option Method Elements G REDM_DAYS SDE Value will be the redemp tion date minus the last rollover date or interest start date which ever applicable 9 5 1 Indicative Formula Set The following are the indicative formulae S No Condition Formula Remarks 1 1 1 AND REDM_DAYS lt gt 0 LEAST Non CA
360. terest Rate This displays the interest rate of the account Interest Amount This indicates the Interest Amount accrued and liquidated for the closed TD account This will show the actual interest amount which has been paid to the customer Maturity Amount This displays the maturity amount as per new calculation Branch This indicates the Branch Name Product Code This indicates the Account Class code of the TD account 10 18 ORACLE Product Title This indicates the Account Class description of the TD account Deposit Currency This indicates the deposit currency Stock Catalogue Code This displays Stock Catalog Code for the TD certificate num ber Certificate Number This indicates the certificate number Duplicate Issue This indicates duplicate issue 10 11 Term Deposits Account Renewed Report This report lists the term deposit accounts which are renewed for the given period You can generate this report using TD Account Renewed Report screen by typing TDRRENEW in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button TD Account Renewed Report From Date To Date Branch Code Account Class Customer Report Format Printer At Client Report Output Printer Specify the following details here From Date Enter the TD accounts which are renewed from this date However by default the system displays the c
361. that should be used for booking withdrawal entries It can be any one of the following e Retail Teller Product e Product linked to the instrument type ORACLE Debit Credit The closure can be effected by means of a debit or a credit to the account For each of the aforesaid closing modes you need to select the Debit option from the adjoining drop down list 3 3 1 Specifying UDF Values All User Defined Fields UDFs linked to the function ID STDCLOSE are displayed in the User Defined Fields screen Invoke this screen by clicking Fields button on the Term Deposit Closing Mode Maintenance screen User Defined Fields LBL FIELD VAL DES Here vou can specifv values for each UDF Refer the User Manual titled User Defined Field for details about defining UDFs ORACLE 3 4 3 5 V iewing Closing Modes Summary You can view summary of all closing modes using the Term Deposit Closing Mode Maintenance screen To invoke this screen type STSCLOSE in the field at the top right corner of the Application tool bar and click the adjoining arrow button Yo e e e CE Advanced Search Reset Authorization Status Record Status Close Mode az Debit Credit Credit v Description Product Debit Credit Authoriza Record St u can query on records based on any one or all of the following criteria Author
362. that the system should pass an overdraft in the payment account i e CASA when the account does not have sufficient funds for making RD installment payment Month end Instalment This check box is applicable for an RD opened on the last working day of the month Check this box to indicate that the instalment due date should fall on the last day of the subsequent months Holiday treatment if any should be overridden This field is enabled if the check box Recurring Deposit is checked The following conditions also have to be fulfilled for the instalments to be due on the month end e The RD start date account opening date is a month end i e the last working date of the month based on the branch holiday calendar maintained in the Local Holiday Calendar Maintenance screen STDLOCHL e The instalment frequency of the RD is in multiples of months This check box cannot be modified if any active accounts exist under the account class Notice Deposit Check this box to consider the deposit account as a Notice Deposit account Notice deposit should not be allowed for the below mentioned cases e Auto Roll over e Move principal to unclaimed or Move interest to unclaimed e Rate chart Allowed Note You cannot modify Notice Deposit field once the record is authorized Lock in Period Days Specify the lock in period applicable for the Notice Deposit account Note The fields Lock in Period Days a
363. the Account Class Maintenance screen Channel Restrictions Account Class Channel List Allowed Disallowed Channel Restrictions 10f1 ChannelID Channel Description You can specify the following details Account Class The system displays the account class for which the preference is set Channel List Select one of the following options to indicate whether the channels are allowed or disallowed for your bank e Allowed e Disallowed Channel Restrictions Channel ID Specify the ID of the channel The adjoining option list displays all valid channel Ids maintained in the system You can choose the appropriate one For external channels the source code maintained at CODSORCE screen and for branch FLEXBRANCH is used as the channel ID Channel Description The svstem displavs the channel description based on the channel selected oe ORACLE Viewing Notice Instruction You can view notice instruction details using the Notice Instruction Summary screen To invoke this screen type STSNTINS in the field at the top right corner of the Application tool bar and click the adjoining arrow button Notice instruction Summary E gt search C Advanced Search Reset K Clear All Case Sensitive Authorization Status Record Status Account Number H Account Branch a Records per page sel 10f1 Authorization Status Record Status Account Number AccountBranch Account Currency Customer Num
364. the report from the adjoining drop down list This list displays the following values e Print Select to print the report e View Select to print the report e Spool Select to spool the report to a specified folder so that you can print it later Printer At Select the location to print the report from the adjoining drop down list This list displays the following values e Client Select if you need to print at the client location e Server Select if you need to print at the server location Printer Select the printer to print the report The adjoining option list displays all valid printers maintained in the system You can choose the appropriate one Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The remaining content displayed in the report is as follows Header The following details are displayed in the header section Field Name Field Description Bank Indicates code of the bank and the bank name Branch Indicates code of the branch and the branch name User ID Indicates user who is generating the report Branch Date Indicates the current system date of the branch Report From Date Indicates From Date of the report Report To Date Indicates To date of the report 10 36 ORACLE Field Name Field Description Report Criteria Indicates either Account number or Branch code based on the param
365. this field to allow the recurring deposit account to debit the payment account for the payment amount as per the installment frequency Move Maturities to Unclaimed Move maturities to unclaimed in not applicable for RD Payment Branch Specify the details for the branch to which the payment account belongs Payment Account Specify the Payment Account this can be either savings account or the current account from which the installment for the Recurring Deposit is collected as per the installment frequency Installment Amount Specify the installment amount that has to be collected from the payment account as per the installment frequency This installment amount should be greater than the minimum amount mentioned at the account class Recurring Deposit Account Check this field to indicate recurring deposit account Payment Date Specify the date on which the payment needs to be done for recurring deposit account Payment Currency Specify currency of the payment amount Note Note the following The system enables the offset account and branch detail fields only if the option to pay is selected as the savings account The Unclaimed Interest and Principal GLs are specified while maintaining an Interest and Charges IC Deposit Type product The Accounting Roles for the GLs are INT UNCLAIMED and PRN_UNCLAIMED respectively When maintaining an IC Deposit type product you have to map these Accounting Roles to the a
366. tion Issued Account not Cancelled Amount Block to the deposit certifi cate Amount Blocked Re denomination Modified Re denominated of the certificate Redemption of the Redeemed deposit partial or full Rollover of the Cancelled Rollover Issue deposit In ICDBADHC screen on trying to issue new certificate with Rollover Issu ance as Y then the status of the old certifi cate will get changed as Cancelled Else the previous status only will be retained Certificate lost damaged Lost Damaged Duplicate 5 45 ORACLE Current Status of the existing Status of the new Certificate Action certificate after the aa certificate Status action Re denomi Amount Block to Amount Blocked nated the deposit Re denomination Modified Re denominated of the certificate Redemption of the Redeemed deposit partial or full Rollover of the Cancelled Rollover Issue deposit xx In ICDBADHC screen on trying to issue new certificate with Rollover Issu ance as V then the status of the old certifi cate will get changed as Cancelled Else the previous status only will be retained Certificate lost Lost Damaged Duplicate Rollover Amount Block to Amount Blocked Issue the deposit Re denomination Modified Re denominated of the certificate Redemption of the Redeemed deposit partial or full Rollover of the Cancel
367. tion list Customer Name The customer name of the selected customer is displayed here From Date Specify the date from which the report for topped up TD account should be generated To Date Specify the date till which the report for topped up TD account should be generated Report Format Select the format in which you want to report to be generated from the options provided in the drop down list This list displays the following values e PDF e HTML e Excel e RTF Report Output Select the output for the report from the adjoining drop down list This list displays the following values e Print Select this option if you wish to print the report 10 35 ORACLE 10 19 1 e View Select this option if you wish to view the contents of the report e Spool Select this option if you wish to spool the report for further use Printer At Select the location where you want the report to be generated from the options provided in the adjoining drop down list This list displays the following values e Client e Server Printer Specify the name of the printer or select it from the option list provided The adjoining option list displays all the configured printers This is applicable only if you have specified the output as Print Click the Ok button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed
368. tive Dates if the values of UDEs vary within the same liquidation period Open Typically you would want to open records with different effective dates if the values of UDEs vary within the same liquidation period If this box is unchecked then on save system displays the error message Special condition not maintained for the account UDE Values Specify the following details User Defined Element ID Specify the UDE for which value is given The adjoining option list lists all UDEs maintained for the Interest Rule You can select the appropriate one UDE Value Specify the value of the UDE For a fixed interest rate you can specify a numeric value 50 ORACLE Rate Code If you want to use a floating rate instead of a fixed rate you should specify a valid IC rate code The system will pick up the applicable rate based on the branch currency and effective date combination maintained for the rate code in the Interest amp Charges Rate Input screen ICDRATMA For a given tenor the system picks up the applicable rate as per the effective dates defined for the rate code If a floating rate has to be used instead of fixed rate IC rate code defined in the screen ICDUDVAL will be defaulted to the TD account On every rate change for the effective dates the system will apply new rate to TD account effective from that date In the corresponding IC rule you need to ensure that UDE Type is maintained as Rate for
369. to Rollover Rollover Amount Rollover interest Rate close on Maturity Computed Amount Based on Cumulative Amount Dove Interest to Dormancy Details Unclaimed Dove Principal to Dormancy Period Start Unclaimed Dae _ Target for Dormancy Processing Type Dhdvice Returned Dormant Stop IC Dormancy Date 3 a 2 Interest Charges Linked Entities Restrictions MIS Statement JointHolders Fields AccountSignatory TD Payout Details Statistics Maker Date Time Ww Mod No Checker Date Time Record Status Authorization Status Here you can capture the following details Branch Code The system displays the branch code of the sign on branch If you have multi branch access rights the system will display a screen where you can select the branch in which TD should be created Customer No Specify the customer identification CIF for whom you are creating a TD The adjoining option list displays all valid CIF maintained in the system You can choose the appropriate one You can enter search criteria in this screen For example you can enter the customer name full name short name or PID No and click on the Search button The system then fetches you all the relevant details Customer Name The system displays the name of the customer based on the CIF specified 4 ORACLE PID No The system displays the PID No based on the customer number Term Deposit Account Number Account numbers can eith
370. ts Reversal E3 Enter query Branch Code RD Account Number Transaction Date Authorization Status Contract Status Here you can capture the following details Branch Code Specify the code assigned to the branch in which the payment is to be made You can also choose the branch code from the adjoining option list RD Account Number Specify the recurring account number for which the installments are to be collected The system displays the recurring deposit accounts that are in open and authorized status in the adjoining option list You can choose the appropriate one from this list Transaction Date The system displays the transaction date for which reversal is supposed to be initiated Auth Status The system displays the authorization status Contract Status The system displays the contract status Reversal of a payment transaction can be done from this screen When a transaction is reversed the system updates the contract status as V Reversed Once the installments are suspended the RD payment reversals will not be allowed in this screen You can validate whether the account is suspended for installments during the save operation of the reversal transaction If the validation fails the system displays the following error The installments for the account is suspended hence payment reversal not allowed 16 ORACLE 7 5 Penaltv Rule for non pavment of installment If the customer fails in payi
371. ts the currency of the specified account Amount Specify the amount details The amount to be blocked cannot be greater than the available balance in TD account Amount Block Type Select the type of amount block from the drop down list Following are the options available in the drop down list e FLEXCUBE e Switch e PreAuth oH ORACLE e Escrow e System e Account e Bulk Salary e Discounted TD e Sweep Deposit Note The amount block type should always be FLEXCUBE for the manually blocked amounts Auto deposits created under the Auto Deposit account class mapped in CASA account class gt Auto Deposit subsystem gt Account class field cannot be blocked using this screen However deposit created manually under this Auto Deposit account class in STDCUSTD can be blocked Amendment of block amount not supported for Discounted Deposits and Mudarabah Sweep Deposit Hold Code Specify the hold code The hold codes are maintained in the Hold Maintenance screen Specify the reason for amount block here In case of discounted TDs the hold code and description will be automatically defaulted Amount Block Number The system displays the amount block number when the new operation is initiated Effective Date Specify the effective date from when the block becomes effective The effective date can be current future dated If you do not specify the effective date system defaults the current date here Expiry
372. tus of the certificate selected Certificate Amount This indicates the amount of the certificate Redeem Check this box to redeem a certificate After you enter the above details click Populate button The following details will be displayed Total Amount of Redemption The total amount of redemption is displayed here Number of Certificate Redeemed The number of certificates currently redeemed is displayed here During manual part redemptions all the active certificates of the account are displayed in the Denominated Deposit Certificate Details screen and available for redemption Belt ORACLE 6 4 2 At the time of full redemption or automatic redemption i e close on maturity all the active certificates will be marked as Redeemed provided there are no certificates with amount block In case of part redemption of the TD only the available certificates can be redeemed A single certificate cannot be part redeemed The interest amount for the certificates being redeemed prematurely will be paid along with the principal amount Once a particular certificate has been redeemed it will not be available for further redemption Capturing Pay Out Details Click TD Pay Out button on the Term Deposit Redemption Input screen and invoke the following screen Here you can specify details of the child TD that should be created on maturity of the parent TD Note For denominated deposits payout to a
373. ty date of the TD Total Interest Payable Total Interest Payable Maturity Amount Maturity Amount Lien Limit Lien Limit at bank level Lien Lien percentage utilized Lien Amount Lien Amount Total Interest Payable Total Interest Payable Maturity Amount Maturity Amount 10 18 Unclaimed Deposits Transferred for a Day You can generate a report for the unclaimed deposits transferred during a day If you do the required maintenances and batch set up you can generate the Unclaimed Deposits Transferred for a Day report as part of EOD operations For further details on report parameter and batch maintenances refer to the Reports User Manual 10 38 ORACLE 10 18 1 Contents of the Report The parameters specified while generating the report are printed at the beginning of the report Other content displayed in the report is as follows Header The following details are displayed in the header section Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report Body of the Report The following details are displayed as body of the generated report Field Name Field Description Product Code Indicates the product co
374. u can also select the appropriate one from the adjoining option list which displays all valid rate codes maintained in the system Calc Method Specify the method to be considered for MIS related component computation Rate Type If you have indicated that rates maintained for the individual account should be picked up for MIS refinancing you have to specify the Rate Type that is to be used The options available are e Fixed e Floating Automatic indicating that the system should pick up the refinancing rate associated with the account Since the account number is linked to a Rate Code the oe ORACLE system picks up the rate code associated with the account when the EOD processes are run to refresh the various rates Spread Specify the spread that should be applied if rate type is selected as floating type Pool Code Account Level Define the Pool Code Account Level to which the account class or product belongs Pool Code For an account the pool code will be picked up from the account class Transaction MIS Group For an account the transaction type of MIS class will be picked up from the account class Composite MIS Group The composite type of MIS class will be defaulted from those defined for the customer Cost Code For an account the cost codes will be picked up from the account class 5 6 1 Specifying Additional Scripts The additional scripts maintained in Customer Maintenance STDCIF
375. ue Note Only valid certificate status which are allowed to be modified manually will be available in the drop down Status Change Date The status change date is defaulted here Status Change Reason Specify the reason for status change of the certificate You can enter up to 225 characters Bulk Status Change Select the appropriate bulk status change option from the drop down list e Modified e Issued e Lost damaged e Re denominated e Duplicate e Rollover Issue Note Only valid certificate status which are allowed to be modified manually will be available in the drop down ons ORACLE Bulk Status Change Reason Specify the reason for status change of the certificate You can enter up to 225 characters Click Populate button System calculates and displays the following details Denomination Allocation Pending Amount This indicates the amount for which the denomination is yet to be allocated Certificate Allocation Pending Amount This indicates the amount for which the certificate is yet to be allocated Term Deposit Amount This indicates the deposit amount Deposit certificate statuses are available for modification as detailed below Certain status changes are based on occurrence of events on the term deposit account opened due to unsuccessful pay in transaction Current Status of the existing Status ofthahew Certificate Action certificate after the es l certificate Status ac
376. ue The adjoining option list displays all branch codes linked to the specified bank code You can select the appropriate one Beneficiary Details Specify the following details Beneficiary Name Specify the name of the beneficiary for the pay out Passport IC Number Specify the passport or IC number of the beneficiary for the pay out oat ORACLE Narrative Specify the description for the pay out Beneficiary Address Specify the address of the beneficiary for the pay out 5 11 6 3 PC Tab for Child TD Click PC tab to capture payment details if you want to redeem the child TD through a PC transfer to another account Payout Parameters Bankers Cheque Counterparty Counterparty Bank Code Counterparty Account Currency Beneficiary Details Beneficiary Address Beneficiary Name PassportiC Number Narrative The following details are captured here Counterpartv Specifv the following details Counterpartv Bank Code Specifv the bank code of the counter partv Counterpartv Account Specifv the account number of the counterpartv for the pav out Currencv Specifv the currencv for the pav out Beneficiarv Details Specifv the following details Beneficiarv Details Specifv the details of the beneficiarv Beneficiarv Name Specifv the name of the beneficiarv Passport IC Number Specify the Passport IC Number of the beneficiary m ORACLE Narrative Give a brief description for th
377. ue location for each address Media Select the media to communicate account related details to the customer such as account maintenance related charges fees interest etc from the option list You can choose any one of the following e FAX e MAIL e SWIFT e TELEX Option Indicate your preferences for the following Track Receivable Check this box if you choose to block the subsequent credit that happens to the settlement account linked to this account class of a loan contract or retail teller contract if the system detects insufficient funds in the account during liquidation In other words the system will ORACLE track the account for receivables credits As and when a credit happens the funds will be allocated to the loan or the retail teller contract for liquidation Replicate Customer Signature Check this box to indicate that customer signature should be replicated to the account Auto Deposit A TD can also be automatically created from a savings account if the balance in the savings account exceeds a predefined limit You can capture the following details of such a TD Sweep Type The system indicates the type of sweep based on which the TD was created It can be any one of the following e 1 This indicates No sweeps e 1 This indicates Default from account class e 0 This indicates that deposit is instructed Master Account No The system displays the account number of the savings
378. umber This indicates the formula number Product This indicates the product code Accrual Amount This indicates the accrual amount for each transaction date Cumulative This indicates the cumulative accrual amount by adding up the Accrual Amount accruals for each transaction date Dr Cr This indicates the amount credited or debited for interest penalty or tax Interest rate This displays the interest rate of the account Maturity Amount This displays the maturity amount based on the tenor of the TD User ID This indicates the identification of the user Auth ID This indicates the identification of the authorizer TD Account Class Summary Report This summary report provides MIS information like principal amount interest amount etc with respect to term deposit accounts of the bank This is a GL wise currency wise Account class summary report for all the branches This report provides information about Account class Code Account class Name Total Accounts Principal Balance Interest Accrued The totals are also provided You can invoke TD Account class Summary screen by typing TDRPRSUM in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button KA TD Account class summary Branch Code Report Format PDF Printer At Client Report Output Print Printer Branch Code Specify the branch code The system will generate the TD account class summary report for the bra
379. unt on grace period end date Rollover Type Indicate the components that should be rolled over by choosing one of the following options e Principal If you select this option then the system will roll over the principal amount alone on EOD of TD maturity date or BOD after end of the grace period If interest booking account is given as TD account then on maturity date the interest amount will be first liquidated to the TD account and then settled as per the pay out details maintained for the TD account e Principal Interest For you to choose this option the interest booking account has to be the TD account If you select this option then the system will roll over the principal and interest amount on EOD of TD maturity date or BOD after end of the grace period e Special Amount If you choose this option the system will roll over the amount specified in Rollover Amount field irrespective of what the interest booking account is Upon maturity of the rolled over TD the system will roll over with the same amount special amount and settle the interest amount as per TD pay out details maintained e Interest For you to choose this option the interest booking account has to be the TD account If you select this option then the system will roll over the interest amount on EOD of TD maturity date or BOD after end of the grace period The principal will be settled as per the pay out details maintained Rollover Amount If a special a
380. unts subtracted by penalty and tax amounts e Partial Redemption In this case you have to specify the redemption amount Ensure that that the redemption amount is less than the account balance On partial redemption only the principal amount is withdrawn where as the interest amount for the partially redeemed amount is liquidated to the interest booking account This is allowed only if Allow Partial Liquidation check box is checked at Account Class Maintenance level The flow for full redemption when Active Failed notice instruction exists is as follows If full redemption has been done without providing any notice and if any one notice instruction exists with Active Failed status for that Notice Deposit Account then the system will display the following error message Active Failed Notice Instruction s Exist s for the Deposit Account Cannot Redeem the Deposit You should delete the Active Failed notice instructions to continue with the redemption Once the full redemption is successful and Notice Deposit Account is closed the system will close the notice instruction record automatically Flow for partial redemption when Active Failed notice instruction exists is as follows e When partial redemption is done the system will validate if the redemption amount is less than or equal to the Deposit Available Balance Total Amount of Active Failed Notice instruction Ifthe redemption am
381. urrent application date To Date Enter the TD accounts which are renewed till this date However by default the system displays the current application date Branch Code Specify the branch code of the TD account The adjoining option list displays the list of all the valid TD RD branch codes maintained in the system You can choose the appropriate one Account Class Specify the account class of TD account The adjoining option list displays the list of all the valid TD RD account classes maintained in the system You can choose the appropriate one 10 19 ORACLE Customer Specify the customer number of the customer The adjoining option list displays the list of all the valid customer numbers maintained in the system You can choose the appropriate one 10 11 1 Click OK button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the report contains the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date Run Date amp Time Current Run Date and Time User ID Operator generating the Report Module Module of the Report Page No Page No of the Report
382. urring Deposit Scheme You need to maintain values for the following UDEs under this product e TD_1 e OVERDUE PENALTV e TAX RATE IC Rates Maintenance You can maintain rate codes for branches using the Interest amp Charges Branch Availability Maintenance screen ae ORACLE You can invoke this screen by typing ICDRATMA in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button IC Rate Code Branch Availability FiNew E3 Enter Query Rate Code Branch Restrictions Allow Disallow Branch Specific Rates Branch Code Description ml il Fields Input Bv Authorized By Modification Date Time Date Time Number IM Authorized Open You need to maintain the following rate codes for all branches of your bank e FLOATRATE For the aforesaid rate code you need to maintain rates and effective dates in the Interest and Charges Rate Input screen You can invoke the Interest and Charges Rate Input screen by typing ICDRATMA in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button interest amp Charges Rate Input El New E enter Query Currency Code Branch Code Rate Code Rates 101 Effective Date Rate Open Maker Date Time Checker Date Time Mod No Record Status Authorization Status 99 ORACLE 9 4 9 4 1 These rates are picked up by the
383. use Printer At Select the location where you want the report to be generated from the options provided in the adjoining drop down list This list displays the following values e Client e Server Printer Specify the name of the printer or select it from the option list provided The adjoining option list displays all the configured printers This is applicable only if you have specified the output as Print Click the Ok button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the generated report will have the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date User ID Operator generating the Report Report From Date Date from which the report is generated Report To Date Date till which the report is generated Body of the report The generated report will have the following information Field Name Field Description Customer ID This indicates the customer ID Customer Name This indicates the customer name Deposit Account Number This indicates the deposit account num ber Account Description This indicates the account descriptio
384. using other bank s cheque as funding or payment option Drawee Account Number Specify the drawee account number Routing No Specify the Routing number Details maintained in this screen are classified into the following tabs Main Here you maintain the main attributes of the TD like the account num ber customer code the account class account currency type of account single or joint account status etc Nominee Here you can capture nominee details for the TD Check List In this tab you can maintain the details such as documents required for opening a TD expected date of submission expiry date and notifica tion reminder frequency You can also upload the documents from this tab Dual Currency In this tab you can maintain details of a dual currency deposit Deposit Original Exchange Rate The system will display the exchange rate for the currency pair for the respective rate code type defined for the specific pay in pay out modes at account class Applied Exchange Rate The system displays the applied exchange rate same as original exchange rate However you can amend the exchange rate which will be applied on the transaction The system will perform the following validations e If you try to modify the rate while saving then the system will display the following override message Default exchange rate modified by the user elf the modified rate is outside the allowed variance limi
385. v in option from the adjoining drop down list This list displays the following values e Cheque e Others If you want to create TD through cheque you must specify the pay in option as Cheque If the pay in option Cheque is selected you need to pay the total TD amount only by cheque During account class default the account opening dates would be updated as expected value date of the cheque transaction based on the float days maintained at ARC maintenance level Note Note the following Ifthe pay in option once selected from the main tab cannot be changed after account class defaults Pay in details of the cheque entered in the Main tab will be automatically displayed in the Pay in Details multigrid You cannot modify it The pay in option will be read only after the TD account number is populated Pay in option as cheque is not applicable to discounted TDs 4 2 ORACLE If the pay in option Cheque is selected you must specify the following details Cheque Instrument No Specify the cheque instrument number Cheque Date Specify the date of issue of the cheque Clearing Type Specify the clearing type for the transaction The adjoining option list displays a list of the outward clearing products maintained in the system You can select the appropriate one The cheque clearing happens based on the clearing product specified Note You can create a clearing contract while
386. ve on the date of request input The suspension request cannot be provided on the account opening date of the RD This is irrespective of the pay in mode for the first installment The suspension request cannot be provided on the maturity date of the RD Notice Deposit Lock in Period Days The system defaults the lock in period days from the account class and it is not modifiable Notice Days The system defaults the Notice days from the account class and it is not modifiable For a notice deposit account the following options are not applicable e Auto Rollover e Recurring Deposit Account e Move Interest to Unclaimed e Move Principal to Unclaimed Also for Notice deposit account the Notice maturity date Maturity amount should be null and the payout option should be Account GL Payments Intermediary Details Intermediary Required Check this box to link Intermediaries with Term Deposit If this is checked the intermediary is allowed to be attached to TD account If you do not check this the system displays an error when you attempt linking intermediary to the TD Intermediary Code Specify the intermediary code from the adjoining option list aN ORACLE Intermediary Description The system gives a brief description about intermediary code Intermediary Ratio Specify the ratio of individual intermediary contribution against the Term Deposit account The commission for intermediary will be calcul
387. ver tenor is within the minimum and maximum tenor allowed for the account class If this validation fails then system displays the error message Roll over tenor does not fall in the range of minimum and maximum tenor allowed The next maturity date will be adjusted based on the holiday treatment at account class level The tenor in ICDREDMN screen will remain the same after holiday adjustment On query from STDCUSTD after rollover Deposit tenor will be populated with the holiday ad justed tenor and original tenor with the actual tenor before holiday adjustment Years Specify the number of years in the rollover tenor an ORACLE Months Specify the number of years in the rollover tenor Days Specify the number of years in the rollover tenor Next Maturity Date On clicking on Save or Compute system defaults the next maturity date based on the rollover tenor option of the deposit This is updated only for rollover TDs System calculates the next maturity date based in the current maturity date and the rollover tenor maintained at the account level System calculates the next maturity date based on the changes to the maturity date due to holiday treatment Stock Catalog Code The system displays the Stock Catalog Code of the TD certificate number The term deposit certificate has to be maintained as an inventory On generation of certificate from Term Deposit Advice ICDBADHC screen the stock catalog co
388. view the contents of the report e Spool Select this option if you wish to spool the report for further use Printer At Select the location where you want the report to be generated from the options provided in the adjoining drop down list This list displays the following values e Client e Server Printer Specify the name of the printer or select it from the option list provided The adjoining option list displays all the configured printers This is applicable only if you have specified the output as Print Click the Ok button to generate the report Click Exit to return to the Reports Browser Contents of the Report The parameters specified while generating the report are printed at the beginning of the report The contents of the report are discussed under the following heads Header of the report The header of the generated report will have the following information Field Name Field Description Branch Current Branch Code and branch Name Branch Date Current Branch Date User ID Operator generating the Report Report From Date Date from which the report is generated Report To Date Date till which the report is generated Wet ORACLE Body of the report The generated report will have the following information Field Name Field Description Customer ID This indicates the customer ID Customer Name This indicates the customer name Deposit Accou
389. wing details here From Date Specify the date from which the report for TD account maturity date change should be generated By default system displays the current Application date To Date Specify the date till which the report for TD account maturity date change should be generated By default system displays the current Application date Branch Code Specify the branch code of the TD account The adjoining option list displays all valid TD branch codes maintained in the system You can choose the appropriate one Deposit Account Number Specify the account number of the term deposit The adjoining option list displays tall valid deposit account numbers maintained in the system You can choose the appropriate one Customer Specify the customer number here The adjoining option list displays all the valid customer numbers maintained in the system You can choose the appropriate one Report Format Select the format in which you want to report to be generated from the options provided in the drop down list This list displays the following values e PDF e HTML e Excel e RTF Report Output Select the output for the report from the adjoining drop down list This list displays the following values e Print Select this option if you wish to print the report 19 26 ORACLE 10 14 1 e View Select this option if you wish to view the contents of the report e Spool Select this option if you wish to spool the report for further
390. wing screen will be displayed TD Accounts Maintenance New E3 Enter Query Branch Customer No Pay In Option Term Deposit Account Customer Name Pay in By Number Term Deposit Currency SD User Reference Account Class Clearing Type Cheque Instrument No Cheque Date Drawee Account Number Routing No Main Nominee KAMAG Dual Currency Deposit Document Type Mandatory Expiry Date Expected Date of Document Notification Details C Send Notification Frequency Select Notification Days Reminder Remarks Remarks Interest Charges Linked Entities Restrictions MIS Statement JointHolders Fields AccountSignatory TD Payout Details Statistics Interest Payout Details Rollover History Documents LBL_DENM_DEPOSIT Change Log UELS Date Time Mod No Checker Record Status Date Time Authorization Status Specify the following details Document Type The system displays the document check list based on the customer type Mandatory Based on the details maintained in the account class for the document type the system indicates whether it is a mandatory document or not If this box is checked the document is mandatory If it is not checked it is not mandatory Expiry Date Specify the expiry date of the document provided by the customer Note Note the following Expiry date will always be greater than Expected Date of Submission
391. y Installment Amount Local Currency Payment Details Payment Branch Code Payment Account Number aZ Product Code Exchange Rate Payment Currency Payment Amount Minimum Payment Amount BI Paid Amount Account Pavments SEN Go Due date InstallmentAmount PaymentDate DueDays Events gt Contract Status Maker Date Time Checker Date Time Mod No Record Status Authorization Status On invoking this screen all the outstanding and future installments are displayed You can choose to pay any multiple of the installment amount To do this the system will clear all the overdue amounts first and then allocate the amounts to current and future installments RD Account Details Specify the following details Ta ORACLE Branch Code Specify the branch where the RD resides The adjoining option list displays all valid branch codes maintained in the system You can select the appropriate one Transaction Date Specify the transaction date for which payment is supposed to be initiated RD Account Number Specify the RD Account Number You can also choose the appropriate one from the option list The option list displays the deposit type of accounts maintained in the system Maturity Date The system display the maturity date of the RD on specifying the recurring deposit account Installment Basis The system will default the installment basis value from the account level The lis
392. y la Optoa Customer Number L hl Pavintv Otiers e Branch Code 001 Customer Name Clearing Type nie Term Deposit Account Account Desenpbon I Cheque instrument tio 2 Account Open Date s amp Cheque Date f Drawes Account Number gt Routng No a IN Nominee Check List Duai Currency Deposit Term Deposit Amount s Rollover Rollover Type MPrincipal Tenor Years Pe 1050 on Maturity jSpecial Amount Monins 5 love interest to Interest 4 Undaimed Days Principal interest A re w Rollover Amount i Maturity Date amp ssid Walaa Dans Stock Catalog Code Certificate Number Interest Rate Account Type O Single l interest Eamings Joint Duphcate Tax R abn wos toowaton EJ Tax Deductions Maturity Amount APY Pay In Details 10n C Term Deposit Payin Option Percentage Amount OffsetBranch OffsetAccount ChequeinstrumentNo Clearing Type Cheque Date Drawee Accor 2 ent Joint Holders Fields Account Signatory s Statistics interest Payout Detaits On clicking Create deposit tenor the min and max tenor applicable for the account class are validated Validations for deposit opening in this screen are same as in STDCUSTD screen 691 ORACLE 6 14 4 Once the create deposit button is clicked and the deposit opening screen is visible then you will not be able to navigate back to the simulation screen Note If you try to create deposit for a walk in customer from a TD simulation screen system will throw an error Term Deposit can
393. y on the rollover of TD The rate is picked up for fixed and rate chart allowed term deposits Open Check this box if the account class and product combination is effective and open for booking deposit accounts To discontinue the mapping of an account class on an IC product uncheck this box Refer the chapter Defining Interest and Charge Products in the Interest and Charges User Manual for details about setting up the product Refer the chapters Annexure A Accounting Entries and Advices in this User Manual for details on the accounting entry set up for the IC products Also refer the chapter Annexure B IC Rule Set up in this User Manual for details about setting up IC rules for the products Saa ORACLE 3 7 3 Linking Main Interest Rate UDE You can link the main interest rate UDE to the interest product in the Interest and Charges Interest Product Preferences screen Click Preferences button on the Interest and Charges Product Maintenance screen to invoke the following screen Interest Product Preferences ProductCode TDPR Description UDE Currency Account Currency 7 Main interest Rate UDE Accrual C Product Level Payment Method Bearing Discounted 7 LBL AMTBLKFORDIS Accrual Dav Frequency Cycle Calculation and Liquidation Days Months Year 0 First Liquidation On Liquidation at Month Ends Start Date 7 Start From Account Opening Refund Tax on Pre Closure
394. ycle Net Interest liquidated for that compounding cycle Click Clear button to clear the available data in simulation screen at any point of time Click View Print Advice button to view or print the simulation details 8 60 ORACLE 6 16 1 Topping up TD Click Top Up Deposit button to top up the term deposit Top Up Simulation Screen nl Save TermDepostAccount al Account Description Number Customer iD A Customer Nama Account Currency ke Account Balance Account Open Date sinterest Rate Warin terest Paid Out im Tax Collected Days Maturity Date Maturity Amount op Lp of Team Deposit Revised Deposit Details Value Date B New Term Deposit Amount Top Up Amount New Interest Rate Interest Eamings Tax Deductions New Maturity Amount APY Maker ID Maker Wate Stamp i if Dale Stamp Authorizatl System enables the fields related to deposit top up System defaults the fields maintained in the Deposit Top Up Simulation screen You can modify the following details e Term Deposit Account Number e Value Date e Top Up Amount You cannot navigate to the Top Up Simulation screen once you click on the Top Up Deposit button Note Deposit top up simulation can be initiated only for existing customers who have term deposit accounts with the Bank ki ORACLE 6 17 You can edit the input data for simulation both before and after the simulation
395. ypes of deposits that will be used for setting up maturity instruction as Move to Unclaimed When deposits linked to this product mature the following behaviour will be observed during various stages From Maturity Date to Grace Period As per the formula at Rule Maintenance screen the system will start accruing PMI The following setting needs to be done as part of maturity processing for the TD e To maintain accrual post maturity the Next Liquidation Date for the deposit at IC Special condition screen level needs to be set as Maturity Date Unclaimed days e Since PMI should be calculated on the total amount payable on maturity the system will generate an interest liquidation on maturity date regardless of the maturity instruction set if Unclaimed Days is set for the TD the interest liquidation will happen to the interest booking account If deposit is renewed within the grace days the corresponding accruals for PMI should be reversed If customer redeems the deposit during grace days Amount as on Maturity is payable along with PMI for the period from maturity date to redemption date From End of Grace Period to Unclaimed Days If customer gives redemption or rollover when the deposit is between the grace period and Unclaimed Days the deposit amount along with PMI till previous date will be considered as base e Incase of redemption PMI interest will be payable to the interest
396. ys e Old Maturity Date e New Maturity Date e Account Status For Rollover Type P PRINCIPAL PRINCIPAL INTEREST T INTEREST and S SPECIAL AMOUNT Note On rollover the adjusted rollover tenor of the TD account is updated in the fields Tenor Years Tenor Months and Tenor Days If the rollover tenor is 1 year 5 months and 7 days then the rollover history is updated as Tenor Years 1 Tenor Months 5 Tenor Days 7 oH ORACLE 5 14 Specifying Document Details You can capture the customer related documents in central content management repository through the Document Upload screen Click Documents button to invoke this screen Document Upload Document Upload 1 Of 1 7 Document Category DocumentType Document Reference x Remarks Upload View lininar Here vou need to specifv the following details Document Categorv Specifv the categorv of the document to be uploaded Document Tvpe Specifv the tvpe of document that is to be uploaded Document Reference The svstem generates and displavs a unique identifier for document reference Remarks Specifv the additional information if anv aA ORACLE 5 15 Upload Click Upload button to open the Document Upload sub screen The Document Upload sub screen is displaved below Document Upload Document Upload 101 H Documen
397. ystem displays the date of interest liquidation Interest Amount System displays the net interest amount that will be liquidated based on the compounding frequency Principal Balance System displays the Principal balance of deposit after adding net interest amount earned during the compounding period i e Principal Balance at the beginning of cycle Net Interest liquidated for that compounding cycle Click Clear button to clear the available data in simulation screen at any point of time Click View Print Advice button to view or print the simulation details 8 86 ORACLE 6 15 1 Rollover TD Click Rollover Deposit button to rollover term deposit Rollover Simulation Screen Transaction Branch Code NRP H save Account Number NRP00317102 H Account Branch NRP Account Description TD FOR INTEREST Account Currency GBP AND TAX Customer Name Abel2 CALCULATION Customer Number 000003171 Redemption Reference Number urrent Deposit Details Account Open Date 2011 02 13 Maturity Amount 2167 57 Principal Balance 2 014 54 Interest Paid Out 17 45 Account Balance 2 031 64 Tax Collected 0 35 Interest Rate 9 Maturity Date 2011 12 13 Deposit Tenor Years 0 Months 10 Days 0 Rollover Details Rollover Tenor Rollover Tenor Account Class Tenor Years 0 aAccount Tenor Months 1 lndependent Tenor Days 0 Dnterest Rate Based on Maturity Date 2012 01 13 Cumulative Amount continue Var

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