Introduction |
This option is used for mandate registration by the retail users. |
Navigation |
OR
OR
|
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 |
Option |
The activities possible for mandate management are:
Click Ok to go to the Manage Mandate screen based on the selected activity type. |
MANDATE FORM |
|
Counter Party Nickname |
Enter the counter party nickname. The mandate is applicable for this counter party. Click LookUp to select the counter party using search criteria. |
Bank Name |
The bank name of the counter party is displayed. |
Bank Branch |
The counter party branch id is displayed. |
Bank Country |
The bank country of the counter party is displayed. |
Account Number |
The account number of the counter party is displayed. |
Account Currency |
The currency of the counter party account is displayed. |
Mandate Reference |
Specify the unique reference of the mandate. This could, for example, be a loan number. Note: This is a mandatory field. |
Collection Currency |
Select the currency for the collection transaction from the drop-down. Note: This is a mandatory field. |
Maximum Amount Per Collection |
Specify the maximum amount to be collected per transaction in collection frequency. Note: This is a mandatory field. |
Minimum Amount Per Collection |
Specify the minimum amount to be collected per transaction in collection frequency. Note: This is a mandatory field. |
Collection Frequency |
Select the frequency with which the collection is be done from the drop-down. Valid Values: Daily Weekly Monthly Yearly Note: This is a mandatory field. |
Collection Account |
Select the account of the retail user to which the collection amount is credited. Click View Account Details button to view the details of the selected account. Note: This is a mandatory field. |
Mandate Start Date |
Select from the calendar widget the date on which the mandate should begin. Note: This is a mandatory field. |
Mandate End Date |
Select from the calendar widget the date on which the mandate should end. Note: This is a mandatory field. |
Click |
To |
Continue |
Takes the user to the confirmation screen where the details given in the previous screen are displayed. User needs to authorize the mandate creation based on the authorization mode of the user. |