Thursday, January 24, 2013

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

3 comments:

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