Download Oracle FLEXCUBE Universal Banking
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CLOS CLOSURE_ADVICE RECL RECALL_ADVICE DRLQ DEBIT_ADVICE APPR APPROVAL_ADVICE REJT REJECT_ADVICE RECL RECALL_ADVICE The following advices will be generated for collection transactions Remit Slip: Based on the product advice definition, this advice is generated when a contract is saved. It is automatically printed and cannot be viewed/regenerated subsequently. Debit Advice: Based on the product advice setup, this advice is generated while processing the Debit Entry Liquidation (DRLQ) event for the following type of transactions – Incoming Direct Debit – Reject of Incoming Direct Debit – Recall of Outgoing Direct Debit – Approval of Incoming Direct Debit (Outgoing Payment) Credit Advice: Based on the product advice setup, this advice is generated while processing the Credit Entry Consolidation (CRLQ) event for the following type of transactions: – Outgoing Direct Debit – Reject of Outgoing Direct Debit – Recall of Incoming Direct Debit – Approval of Outgoing Request for Debit (Incoming Payment). Approval Advice: Based on the product setup, this advice is generated for the following type of transaction while processing Collection of Approvals (APPR). – Outgoing Collection – Incoming Collection Reject Advice: This would is generated for the following type of transactions: – Rejected Outgoing Collections: If the advice basis date is the Event Date, the advice is generated while processing the Collection of Rejection (REJT) event for the transaction. If you have identified the Response Date as the advice basis date, the advice is generated on the response date of the transaction. – Rejected Incoming Collections: The advice is generated while processing Collection of Rejection (REJT) event for the transaction. – Rejected Approval of Incoming Request for Debit (Outgoing Payment): The advice is generated while processing Collection of Rejection (REJT) event for the transaction. Closure Advice: This advice is generated for following type of transactions: – Outgoing Request for Debits without Re-dispatch - generated while processing the Collection Closure (CLOS) event of the transaction. – Outgoing Request for Debits with Re-dispatch - generated during contract redispatch (RDSP). Recall Advice: Based on the product advice setup, this is generated for the following type of transactions while processing the Contract Recall (RECL) event 9-15