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Friday 19 December 2014

How to handle Outstation Cheques in Finacle


Use HIRM menu and follow below mentioned steps:-

a.          Invoke the menu HIRM.
b.         The details of the cheque and the account number have to be keyed in using 
             the Lodge    option.                             
c.         Finacle will automatically collect the collection charges.
d.         Verification should be done for the lodged cheque.


e.         Send the cheque physically to the outstation location.
f.          If the cheque is cleared - intimation coming from outstation location - the Realize    
             function needs to be invoked in HIRM menu and submitted
g.         If the cheque is dishonoured - the dishonour function to be invoked and submitted in 
             HIRM menu option.

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