Thursday, December 13, 2012

Issuing a Demand Draft using Finacle menu option TM


The  banks  provides  ancillary  services  like  remittances,  safe  deposit  locker,  credit  card  services etc.  The  remittances  services  are  most  important  ancillary  services  in  Banking  Industries.  There are   different   types   of   remittances   like   Demand   Draft,   Pay orders,   Telegraphic Transfer,   Mail Transfer, and Travelers Cheques etc.

Let us discuss the procedure regarding issuing Demand Draft / Pay order in Finacle.


For Issuing Single DD or PO

Menu Option : TM


Go to the menu option TM enter then following screen will appear:


Function: A (Add) and Press F4

Enter DD Issued Account no. & Press F11 ( Note : - This is different and varies Bank to Bank, sometimes in this filed there are customized a/c or word for few Banks just type "DD" and press f4 )

Enter Amount, then ‘C’ as Credit Part-Tran and description and Press F4

After pressing F4 following screen will appear:
In above screen make entry as under:

Create Part-Tran: Y (only applicable in case DD/PO transaction is done first)
Drawn  on:  in  1st  Field  Bank  Code  is  by  default  then  in  2nd  Field  select  the 


Branch code, on which you want to draw the draft.


Enter Payee Name
Enter Purchaser’s Account No. & Press F11 then Press F4
In Print Option put ‘L’ and Press F4

Then  the  screen  of  commission  on  DD/PO  will  appear.  Accept  the  same  by 


pressing F4.


Then you  will appear on 1st Screen of TM. In specify option press down arrow 


and   go   in   debit   part-tran   of   customer   account   then   following   screen   will 
appear:






In specify option put ‘M’-Modify & Press F4 then insert Instrument Type, number and

date. Press F4 again. Then put ‘P’-Posting Requested in specify option & Press F4 in
every part-tran. Finally, Press F10 for commit.

Now, DD Set-up is over. Send the transaction for verification.

2 comments:

  1. Plz tell us abt how to issue DD from Sundry Creditors a.c, or how to issue a bank induced DD

    ReplyDelete
  2. Hello Everybody,
    My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

    BORROWERS APPLICATION DETAILS


    1. Name Of Applicant in Full:……..
    2. Telephone Numbers:……….
    3. Address and Location:…….
    4. Amount in request………..
    5. Repayment Period:………..
    6. Purpose Of Loan………….
    7. country…………………
    8. phone…………………..
    9. occupation………………
    10.age/sex…………………
    11.Monthly Income…………..
    12.Email……………..

    Regards.
    Managements
    Email Kindly Contact: urgentloan22@gmail.com

    ReplyDelete

Posts Category wise :

      CBS Manual – Finacle Menus/ Commands for your ready reference

 

·         Huge Collection of 938 Finacle Menus

·         286 Selective Finacle Menu options

·         Category wise Commonly used Finacle Menus

·         Finacle Menu options/ Commands for Bank Auditors

·         Frequently used Function keys in Finacle

 

      Customer ID & Account Opening related Menu Options / Commands

 

·         Customer ID creation and Verification in Finacle by using CUMM menu

·         Customer ID creation in finacle in short by using CUMM menu

·         Changing Customer ID of a Customer

·         Account Opening (Savings/Current) in Finacle using menu option OAAC

·         Account opening in Finacle – in short

·         Frequently asked questions related to Customer ID  and Account Opening

 

      Demand Draft / Pay Order related Menu Options / Commands

 

·         Issuing a Demand Draft using Finacle Menu options TM

·         Issuing Multiple Demand Draft / PO using Finacle menu option TM

·         Printing Demand Draft / PO using menu option DDPRNT

·         Cancellation of Demand Draft  in Finacle using menu option DDC

·         Marking a Demand Draft Lost and issuing Duplicate DD

·         Inquiry and Reports finacle Menu related to Demand Draft

 

      Miscellaneous Finacle Menu Options / Commands

 

·         Standing Instruction Maintenance using Finacle Menu Options SIM.

·         Creating a Memo Pad in Finacle Part - I.

·         Creating a Memo Pad in Finacle Part - II.

·         Deleting Memo Pad in Finacle

·         Mass Transaction Posting in Finacle using Finacle Menu option TTUM.

·         Freezing & Unfreezing of accounts in finacle using Finacle Menu AFSM

·         Passbook Printing in Finacle

·         Finacle Teller Cash account Maintenance using Finacle Menu GECM

·         Finacle Menu option TM  for Transaction Posting and Maintenance