Account Opening through finacle menu -OAAC in short

Account Opening through OAAC Menu 

Dear Users , Today we are covering the account Opening Procedure in short . This Post is shared by one of our readers from UCO Bank , hope it will give insight to the detail account open procedure which will be posted in details later on with screen shots.

Before account opening , we have to create Customer ID as discussed in our earlier post.

Account Opening-(SBA)-OAAC

OAAC - enter - f4 - give the cust id - f4 - f2 - in the scheme type field type SBA - f4 - select the scheme type - shift f4 - f4 - give the mode of operation - f4 - P - f4 - S -f4 - S -f4 -next in cal date dr - next int cal date cr -f4 - Delete G put S - f4 - for availing nomination change the flag to “Y” f4 - Delete S put N - f4 - fill in the nominee details - f4 -   f10

Then it will generate a Temporary Id.

Verify the Opening of SB Account

Menu option is : OAACAU

OAACAU - enter - V - f4 - give the Account No - f4 - f4 - delete G put S -f4 -f4 - if nominee is present N - f4 - f4 - f10

Permanent Account Number will be generated ( eg: 19550110000006 )

1955	01	10000006
SOL ID	Scheme	Running A/c Number

Please Note:

You can open an account immediately after creating the customer id but the customer id has to be verified before verification of the account.

Work Flow:

Create the Cust id - Verify the Cust id - Open the Account - Verify the Account

Account Opening ( Joint / Firms / Companies )

OAAC - enter - f4 - give the cust id - f4 - f2 - in the scheme type field type SBA - f4 - select the scheme type - shift f4 - f4 - give the mode of operation - f4 - P - f4 - S -f4 - S -f4 -next in cal date dr - next int cal date cr -f4 - Delete G put S - f4 - for availing nomination change the flag to “Y” f4 - Delete S put N - f4 - fill in the nominee details - f4 - A - f4 -press down arrow - J - f4 - fill in the particulars of joint Account holder - ( press down arrow to enter more joint account holders ) - f4 - f10

Modification

For modifying the Account the menu option is ACM

ACM - enter - M - f4 - give the account number - f4 - in the sub option give

0 (Zero)           - For modifying the general details (viz.  Mode of Operation)

S                      - For modifying the Scheme parameters

N                     - For modifying Nominee details

A                     - Related Party details ( eg: Joint Names )

After modification - f4 - f10

Verifying the Modification

ACM - enter - V - f4 - give the account number - f4 - in the sub option give

0 ( Zero )         - For modifying the general details ( viz.  Mode of Operation )

S                      - For modifying the Scheme parameters

N                     - For modifying Nominee details

A                     - Related Party details ( eg: Joint Names )

After visiting the respective screens - f4 - f10