Other Setup

Introduction

This section describes the steps required for a bank administrator to perform in order to customers to accomplish:

  • Fund Transfer

(For all payments within own accounts in home bank or in other bank including payments to credit cards)

  • Payment

(For all payments from own account to beneficiary account. The beneficiary could be a personal payee, Employee or Biller)

  • Collection

(For all receivables from debtors)

For users to perform the above type of transactions, the bank administrator must configure the transaction related parameters.

Steps

The parameters which has to be configured, that drives the above defined type of transactions are:

Refer to the Retail Limit file for the details.

  • Accounts Access for Users

Refer to the Retail Balance and Transaction Information file for the details.