Modify Transaction

Introduction

This screen lets the retail user to modify the transaction that he/she selected from View incomplete transaction screen. This is similar to initiating a new transaction except that the details of the transaction that has to be modified is already present. Retail user can modify the details and can

• Enter additional information for the transaction using Additional Information option

• Add a new entry to the transaction using Add New Entry option

• Save the transaction to initiate later using Save option

The transaction amount, charge amount and total amount displayed would be prior to the modification. After modification, those details are changed automatically.

Navigation

• Click on Modify button in View Incomplete Transactions screen

• The Modify Transaction screen is displayed

What you can do

The table below provides a brief description of the data that should be entered on the screen and the functions you can perform:

Field

Description

COMMON DETAILS

Frequency Type

The drop-down list contains the options:

• One time

• RecurringIf the Frequency Type is selected as Recurring, then the following additional fields are to be provided in addition to the transaction date and transaction currency
  Frequency: This can be ‘Daily’ or ‘Weekly’ or ‘Monthly’ or ‘Yearly’ or ‘Quarterly’. Based on the requirement, the frequency can be chosen.
  Number of installments: Provide the number of times the funds transfer has to be recurring
  Validity Indicator: This decides when the transfer needs to be initiated in case the date of recurring falls on a holiday. The possible options are
  - Next Valid Date
  - Previous Date
  - Skip

Based on the requirement the user can prefer to do one time or recurring transfer.

Transaction Date

The date of transaction can be selected form the calendar widget. If current date is provided then it is considered as an instantaneous transfer else scheduled. Back dated transactions are not possible.

Validity Indicator

Select the day on which the transaction has to be done if the day of transaction is suppose to be a bank holiday/currency holiday/network holiday.

Valid Values:

Next Valid date

Previous valid date

Skip

Transaction Currency

Select the transaction currency from the drop-down.

Manual Release Required

The retail user can select this check box in case, the user wants to hold the transaction for some reason and later release the transactions for posting.

Total Transaction Amount

The total value of the transaction.

Total Charge Amount

The total charge amount of the transaction.

Total Amount

The actual amount of the transaction before the charge.

Total Number of Entries

The total number of entries in the transaction.

ADD ENTRY DETAILS

INITIATOR DETAILS

Account

The retail user can select the origination account (Dr Account) from the drop -down. If the values in the account drop-down increase beyond a pre-configured value, then the drop-down will be changed to lookup.

Click View Account Details to view the details of the account selected.

Remark

Enter the remarks about the origination entry.

COUNTER PARTY DETAILS

Counter Party Type & Nickname

The destination type can be

• Own Accounts

• Third Party Account

• My Accounts in other banks

A Look Up button is provided to fetch the list of accounts based on the destination type.

Amount

Enter the transaction amount. In case, the transaction is a multi currency transaction, then click Check Counter Rate to view the exchange rate.

Remark

Enter the remarks about the destination entry.

Network

Select the applicable network for the transaction. Click View Applicable Networks to get the list of networks applicable for the transaction type.

Commission/Charge Indicator

This field is used only in case the Counter party type is My accounts in other banks.

Valid Values:

Shared (shared between home bank and other bank)

Their (other bank)

Our (home bank)

Transaction Purpose

From the drop-down, select the appropriate purpose for the funds transfer transaction.