Oracle FLEXCUBE Universal Banking

Oracle FLEXCUBE Universal Banking
Islamic Accounts User Guide
Oracle FLEXCUBE Universal Banking
Release 12.0.2.0.0
Part No. E49740-01
September 2013
Islamic Accounts User Guide
September 2013
Oracle Financial Services Software Limited
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India
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Contents
1.
Preface ...................................................................................................... 1-1
1.1
1.2
1.3
1.4
1.5
1.6
2.
Introduction..............................................................................................................
Audience..................................................................................................................
Documentation Accessibility....................................................................................
Organization ............................................................................................................
Related Documents .................................................................................................
Glossary of Icons.....................................................................................................
1-1
1-1
1-1
1-1
1-2
1-2
Creating Islamic Accounts ...................................................................... 2-1
2.1
2.2
2.3
Introduction.............................................................................................................. 2-1
Maintaining Islamic Account Class .......................................................................... 2-1
2.2.1 Account Details Tab ................................................................................... 2-3
2.2.2 Statement Parameters Tab ........................................................................ 2-7
2.2.3
Capturing Additional Details .................................................................... 2-11
2.2.4 Specifying Restrictions Details ................................................................. 2-12
2.2.5 Maintaining Exclusion Criteria for Profit Sharing ...................................... 2-13
2.2.6 Specifying Branch/Currency Restriction Details ....................................... 2-13
2.2.7 Maintaining Branch Preferences .............................................................. 2-14
2.2.8 Maintaining Currency Preferences ........................................................... 2-14
2.2.9 Specifying Customers/Categories Details ................................................ 2-15
2.2.10 Specifying MIS Details.............................................................................. 2-16
2.2.11 Specifying Preferences Details................................................................. 2-17
2.2.12 Specifying REG Details ............................................................................ 2-21
2.2.13 Specifying Deposit Details........................................................................ 2-22
2.2.14 Specifying Auto Deposit Details ............................................................... 2-23
2.2.15 Specifying GL Lines Details...................................................................... 2-24
2.2.16 Specifying Status Rule Details ................................................................. 2-26
2.2.17 Specifying Amount Block Details.............................................................. 2-28
2.2.18 Specifying Statement Details.................................................................... 2-29
2.2.19 Time Interim Transactions Report ............................................................ 2-31
2.2.20 Times – Balance Report ........................................................................... 2-31
2.2.21 Specifying Notice Details.......................................................................... 2-31
2.2.22 Specifying Fields Details .......................................................................... 2-33
2.2.23 Triggering a Batch for Accounts Eligible for Profit Sharing....................... 2-33
Maintaining Islamic Customer Accounts................................................................ 2-34
2.3.1 Main Tab................................................................................................... 2-37
2.3.2 Auxiliary Tab............................................................................................. 2-43
2.3.3 Nominee Tab ............................................................................................ 2-51
2.3.4 Check List Tab.......................................................................................... 2-52
2.3.5 Capturing Additional Details ..................................................................... 2-54
2.3.6 Specifying Profit Details............................................................................ 2-56
2.3.7 Specifying Charges Details ...................................................................... 2-58
2.3.8 Specifying Consolidated Charges Details ................................................ 2-59
2.3.9 Specifying BIC Details .............................................................................. 2-61
2.3.10 Specifying Deposits Details ...................................................................... 2-62
2.4
2.5
2.6
3.
2.3.11 Specifying Instructions Details ................................................................. 2-62
2.3.12 Specifying Standing Instructions Details .................................................. 2-64
2.3.13 Specifying Linked Entities Details............................................................. 2-64
2.3.14 Specifying REG Details ............................................................................ 2-65
2.3.15 Specifying Account Status Details............................................................ 2-67
2.3.16 Specifying Restrictions Details ................................................................. 2-68
2.3.17 Specifying Currency Limits Details ........................................................... 2-71
2.3.18 Specifying MIS Details.............................................................................. 2-72
2.3.19 Specifying Change Log Details ................................................................ 2-73
2.3.20 Specifying Cheque Book Request Details................................................ 2-75
2.3.21 Specifying Card Request Details.............................................................. 2-76
2.3.22 Specifying Linked Deposit Details ............................................................ 2-77
2.3.23 Specifying Statement Details ................................................................... 2-78
2.3.24 Specifying Limits Details........................................................................... 2-84
2.3.25 Specifying Joint Holders Details ............................................................... 2-87
2.3.26 Specifying UDF Details ............................................................................ 2-89
2.3.27 Specifying Deposits Instruction Details .................................................... 2-89
2.3.28 Specifying Billing Parameters Details....................................................... 2-91
2.3.29 Specifying Account Signatory Details....................................................... 2-93
2.3.30 Specifying Interim Transactions Report Details........................................ 2-94
2.3.31 Specifying Interim Transactions Report.................................................... 2-94
2.3.32 Specifying Notice Details.......................................................................... 2-96
2.3.33 Specifying Cards Details .......................................................................... 2-97
2.3.34 Specifying OFAC Check Details............................................................... 2-98
2.3.35 Specifying Change Log Details .............................................................. 2-100
2.3.36 Maintaining Provisioning Preferences for a Islamic account .................. 2-101
2.3.37 Maintaining Provisioning Percentages Details ....................................... 2-101
2.3.38 Viewing details of Amounts and Dates ................................................... 2-102
2.3.39 Viewing Total Available Balance Details ................................................ 2-103
2.3.40 Viewing Turnover Amounts .................................................................... 2-103
2.3.41 Maintaining Other Details for Islamic Deposit Account .......................... 2-104
2.3.42 Closing a Islamic Account ...................................................................... 2-105
2.3.43 Executing Automatic Closure Batch ....................................................... 2-106
2.3.44 Sweep In and Sweep Out Batch Processing.......................................... 2-108
2.3.45 Generating Alert for Secure Overdraft Utilization ................................... 2-108
2.3.46 Creating a Message Advice Format ....................................................... 2-109
Viewing Islamic Customer Accounts Details ....................................................... 2-110
Changing Primary Party of an Account ............................................................... 2-112
2.5.1 Viewing linked Entities............................................................................ 2-113
2.5.2 Viewing Account Signatory Details......................................................... 2-113
2.5.3 Viewing Customer Change Details......................................................... 2-114
2.5.4 Viewing Islamic Primary Party Change Summary .................................. 2-117
Viewing Mudarabah Sweep Details..................................................................... 2-119
Maintaining Investment Weights ............................................................ 3-1
3.1
3.2
3.3
3.4
3.5
Introduction..............................................................................................................
Maintaining Investment Weights..............................................................................
Profit Calculation Batch ...........................................................................................
Updating Profit Calculation .....................................................................................
Profit Distribution Batch ...........................................................................................
3.5.1 Period Code................................................................................................
3-1
3-1
3-3
3-5
3-8
3-9
3.6
3.7
4.
Creating Islamic Term Deposits ............................................................. 4-1
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
4.9
5.
Introduction.............................................................................................................. 4-1
Maintaining Term Deposit Account Class................................................................ 4-1
4.2.1 Specifying Deposit Preferences ................................................................. 4-2
4.2.2 Specifying the Auto Deposits...................................................................... 4-8
Setting Up Profit Preferences for TD ....................................................................... 4-9
4.3.1 Linking TD Account Class to Profit Product.............................................. 4-11
Creating Islamic TD ............................................................................................... 4-12
4.4.1 Main Tab................................................................................................... 4-13
4.4.2 Nominee Tab ............................................................................................ 4-16
4.4.3 Deposit Tab .............................................................................................. 4-17
4.4.4 Dual Currency Deposit Tab ...................................................................... 4-23
4.4.5 Check List Tab.......................................................................................... 4-25
4.4.6 Capturing Additional Details ..................................................................... 4-27
4.4.7 Specifying IP Special Condition Details.................................................... 4-29
4.4.8 Specifying TD Payout Details ................................................................... 4-30
Viewing Islamic TD Account Details ...................................................................... 4-32
Input and Authorization Limit Validation for TD ..................................................... 4-34
IADREDMN - Term Deposit Redemption & Renewal Redeeming TD................... 4-35
4.7.1 Bank - Cheque Tab .................................................................................. 4-38
4.7.2 Savings Tab.............................................................................................. 4-40
4.7.3 General Ledger Tab ................................................................................. 4-41
4.7.4 Authorizing Transaction............................................................................ 4-42
Viewing TD Redemption Details ........................................................................... 4-43
Redeeming TD Partially......................................................................................... 4-44
Reports ..................................................................................................... 5-1
5.1
5.2
5.3
5.4
5.5
5.6
5.7
6.
3.5.2 Total Investment ........................................................................................ 3-9
3.5.3 Total Profit ................................................................................................ 3-10
3.5.4 Profit Equalization Amount ...................................................................... 3-11
Profit Calculation Exclusion Batch......................................................................... 3-12
Zakat Batch Process ............................................................................................. 3-13
3.7.1 Status Change Batch Processing (CSDSTBTC) ...................................... 3-13
Introduction.............................................................................................................. 5-1
Mudarabah Monthly Average Balance Report on Month End for Savings .............. 5-1
5.2.1 Contents of the Report ............................................................................... 5-1
Mudarabah Monthly Average Balance Report on Profit Distribution Date for Savings 5-2
5.3.1 Contents of the Report ............................................................................... 5-3
Mudarabah Monthly Minimum Balance Report on Month End for Savings ............. 5-4
5.4.1 Contents of the Report ............................................................................... 5-4
Mudarabah Monthly Minimum Balance Report on Profit Distribution Date for Savings 5-5
5.5.1 Contents of the Report ............................................................................... 5-6
Mudarabah Quarterly Average Balance Report for Savings ................................... 5-7
5.6.1 Contents of the Report ............................................................................... 5-8
Mudarabah Quarterly Minimum Balance Report for Savings .................................. 5-9
5.7.1 Contents of the Report ............................................................................. 5-10
Annexure A - IP Rule Set-up ................................................................... 1-1
6.1
6.2
6.3
Introduction.............................................................................................................. 1-1
IP Rule Maintenance ............................................................................................... 1-1
UDE Value Maintenance ......................................................................................... 1-3
6.3.1
6.3.2
6.3.3
7.
TD with Capitalization................................................................................. 1-4
Normal TD with Simple Profit .................................................................... 1-4
Recurring Deposit Scheme......................................................................... 1-5
Function ID Glossary ............................................................................... 2-1
1. Preface
1.1
Introduction
This manual is designed to help you quickly acquaint yourself with the Islamic Accounts
module of Oracle FLEXCUBE. It provides information on creating Islamic accounts in Oracle
FLEXCUBE.
You can obtain information specific to a particular field by placing the cursor on the relevant
field and striking <F1> on the keyboard.
1.2
Audience
This manual is intended for the following User/User Roles:
1.3
Role
Function
Back office managers/officers
Authorization functions
Product Managers
Product definition and authorization
End of day operators
Processing during end of day/ beginning of day
Financial Controller/Product Managers
Generation of reports
Documentation Accessibility
For information about Oracle's commitment to accessibility, visit the Oracle Accessibility
Program website at http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc.
1.4
Organization
This manual is organized into the following chapters:
Chapter 1
About this Manual gives information on the intended audience. It also lists
the various chapters covered in this User Manual.
Chapter 2
Creating Islamic Accounts explains how you can create Islamic Deposit
Accounts.
Chapter 3
Maintaining Investment Weights explains to process to capture the risk
associated with every investment to compute the profit distribution.
Chapter 4
Creating Islamic Term Deposits describes the process to setup and maintain term deposit account facilitated by Oracle FLEXCUBE.
Chapter 5
Reports provides a list of reports that can be generated in this module and
also explains their contents.
Chapter 6
Annexure A - IP Rule Set-up lists the Profit and Charge (IP) rules which are
to be maintained for the Islamic TD module of Oracle FLEXCUBE.
Chapter 7
Function ID Glossary has alphabetical listing of Function/Screen ID's used
in the module with page references for quick navigation.
1-1
1.5
1.6
Related Documents

The Core Entities User Manual

The Procedures User Manual

The Settlements User Manual

The Profit and Charges User Manual
Glossary of Icons
This User Manual may refer to all or some of the following icons.
Icons
Function
Exit
Add row
Delete row
Option List
1-2
2. Creating Islamic Accounts
2.1
Introduction
As part of capturing customer related information in Oracle FLEXCUBE you need to maintain
Customer Information Files (CIF records) for each entity who is a customer of your bank.
Apart from creating CIF records for each entity you need to maintain separate accounts for
each customer. The features of these two screens have been discussed in detail in the
preceding sections.
While defining Islamic Deposit Accounts, you would have noticed that many of the fields have
option lists positioned next to them. While some option lists contain pre-defined values for
some option lists to be populated you need to capture data through separate screens. For
instance, each Islamic deposit account needs to be associated with an Islamic account class.
Therefore, you will need to maintain Islamic account class before you start defining Islamic
deposit accounts.
All such screens have been documented in the subsequent sections.
2.2
Maintaining Islamic Account Class
In the ‘Islamic Account Class Maintenance’ screen, where you open Islamic deposit accounts
for the customers of your bank, each customer account is linked to an Islamic deposit account
class, and the attributes defined for the account class are by default applicable to the
customer account. For instance, if the frequency of account statement generation has been
defined as daily for Islamic account class, the system generates statements for all accounts
under this class on a daily basis. However, some of the parameters defined for the account
class, can be revised at the account level for any of the accounts linked to the class. Account
level parameters will supersede those defined for the account class.
While defining the Islamic account classes you should also keep in mind, that the profit rate
structure is also specified for an account class (in the Profit and Charges module).
The account class table is maintained at the Bank Level by the Head Office branch.
2-1
You can invoke the ‘Islamic Account Class Maintenance’ screen by typing ‘IADACCLS’ in the
field at the top right corner of the Application tool bar and clicking the adjoining arrow button.
Defining Islamic Account Class includes the maintenance of the following parameters:
Account Class and Description
The Account Class code is a unique code, which identifies the class. Along with the class code
you need to assign an appropriate description to the account class.
For instance, let us assume you are defining a class for deposit account of individuals. You
could associate the code DEP IND with it. Similarly, the description that you associate with it
could be something like this – ‘Deposit accounts of individuals’.
Account Type
By default the account type is ‘Deposit’. You will not be able to modify this option.
Start Date
When you create a Islamic account class, you can specify the life span of the account class
by indicating the start date.
The start date for an account class refers to the start date for which, creation of new account
under the account class is allowed.
Consequently, the option list for Islamic account class in all further transactions screen in
Oracle FLEXCUBE, will display the account class as of the system date.
End Date
When you create a Islamic account class, you can also specify the life span of the account
class by indicating the end date.
The end date for an account class refers to the termination date after which, creation of new
account under the account class is disallowed.
Consequently, the option list for Islamic account class in all further transactions screen in
Oracle FLEXCUBE, will not display the ‘expired’ account class as of the system date.
However, the existing accounts for the account class will be active even after the end date.
2-2
Note
If you do not specify an End Date for the account class, the account is taken to be an openended account class.
2.2.1
Account Details Tab
The ‘Account Details’ tab is displayed, by default, in the ‘Islamic Accounts Class Maintenance’
screen. The fields in the Account Details section are as follows:
Account Code
As per your bank’s requirement you can choose to classify Islamic account class into different
account codes. The bank can decide the manner in which the account classes are to be
assigned to different account codes. An account code can consist of a maximum of four
characters.
Depending on the customer account mask maintained, the value in the account code field
would be used during the generation of customer account numbers through the ‘Islamic
Customer Accounts Maintenance’ screen.
If you have decided to include account code as part of the customer account number (in the
account number mask), then at the time of creating a new customer account number, you will
need to select the account class for the account number being generated. In the option-list
provided, the account class is displayed along with the associated account code. When the
account number gets populated, it is the account code that forms a part of the customer
account number.
Dormancy Days
You have to indicate the period after which an account in an Islamic account class becomes
inactive or dormant if customer transactions are not posted into the account.
Note
However, while maintaining transaction codes, if you have checked the Consider for Account Activity field, all transactions posted to any account under this account class linked
to the particular transaction code will become active from dormant irrespective of the dormancy period. If a customer-initiated transaction is posted into the account with the dormant status the account status will be updated to Active from Dormant since the
Transaction Code associated with the account has the Consider for Account Activity option
enabled.
Account Statement Format
Choose ‘ACST_DETAILED’ for Savings type of account class and Nostro type of account
class.
Display IBAN in Advices
For an Islamic account class you can indicate whether the IBAN number of the customers
involving the accounts within the class should be printed on advices sent to the customer. If
you would like to print the IBAN number of the customers on advices sent to the customers
involving the account class, you can enable the ‘Display IBAN in Advices’ option by checking
it.
Your specification will be made applicable to all customers linked to the account class. You
will be allowed to change this option for a specific account.
2-3
Note
IBAN Account numbers for specific customers can be captured while defining a specific
account through the IBAN Sub-screen of the ‘Islamic Customer Account Maintenance’
screen.
Interpay
Check this box if you wish to interpay.
Natural GL
The reporting of all turnovers of the particular Islamic account class will be directed to the GL
that you identify as the natural GL. Based on the characteristic of the account balance, you
can specify whether the turnover is to be posted to the Debit GL or to the Credit GL. For
instance, if the account class is for overdrafts, the balance is normally a debit whereas current
accounts normally do not have a debit balance.
Dormancy Parameters
As stated above, if transaction code associated with the account has the ‘Consider for
Account Activity’ option enabled, the dormant status of the account will be updated to ‘Active’.
Apart from this, you can specify the parameter that is required for re activating the account.
To indicate the re activation parameters for the dormant account choose any from the
following options:

Debit

Credit

Any

Manual
In case of a transaction, the system will check for the parameter you have specified here and
accordingly change the status of the account. However, the parameter maintained at the
account level will supersede the parameter you have specified here.
Applicable Customer Status
Specify the applicable customer status from the drop-down list. The available options are:

Major

Minor

Both

Not Applicable
Note
By default ‘Not applicable’ option would be selected when a new account class is created.
If you select ‘Minor’ option at the CIF level and ‘Applicable customer status’ as ‘Major’ at the
account class level then the system displays an error message as, “The A/c class you
selected is for major customer.”
Similarly if you uncheck ‘Minor’ option at the CIF level and select ‘Applicable customer status’
as ‘Minor’ at the account class level then the system displays an error message as, “The A/c
class you selected is for minor customer.”
Charges
Specify the following details.
2-4
Charge Start Advice
You can use this field to indicate whether a charge start advice is to be sent to the customer,
indicating the commencement of charging on accounts under the account class.
Charging on the accounts under the class would commence on the charge start date specified
for the account. The charge start advice would be sent, a specified number of days in advance
(the Advice Days) of the charge start date.
Advice Days
If you have indicated that a charge start advice is to be sent to the customer, indicating the
commencement of charging on accounts under the account class, specify the number of days
before the charge start date, the charge start advice is to be sent.
Free Period
Specify the number of days after the account opening date, which constitute the free banking
period for accounts under the class. During the free banking period, no charges are applied
on the account.
Provisioning Details
When you define an account class, you can specify whether provisioning is applicable for
accounts using the class. You can make the following specifications in the Provisioning
Details section in the ‘Account Classes’ screen:
Required
Check this box if provisioning is applicable.
Provisioning Frequency
Select the frequency at which the provisioning would be done either daily or monthly.
Note
The frequency you define here is only applicable if you have indicated individual accountwise status processing for accounts in the Branch Parameters. If you have indicated status
processing at Group/CIF level, then the provisioning batch process executes at the frequency maintained in the ‘Branch Parameters’ screen for your branch, and not at the frequency maintained in the Account Classes screen.
Provision Currency
You can indicate the currency in which the provisioning amount must be calculated – either
account currency or local currency. This specification is defaulted from the preferences for the
Islamic account class used by the account, and you can alter it if necessary.
Exposure Category
If the logic for deriving the exposure category of the CIF or customer group to which the
customer belongs, based on the total exposure, has been maintained in the Exposure Type
Category Linkage maintenance, then the exposure category of the account is identified. If no
logic has been maintained, you can specify the exposure category in the ‘Islamic Account
Class Maintenance’ screen.
Event Class Code
Specify the event class for which the provisioning accounting entries would be defined.
Liquidation Days
Specifies the number of working days from the actual liquidation date before the profit / charge
can be liquidated into the customer account. Working days are calculated on the basis of the
Local Holiday Calendar.
2-5
Liquidation Mode
Debit profit or charges can be liquidated either Manually or Automatically. If you choose the
automatic mode of liquidation, debit profit or charges are liquidated automatically as part of
the BOD process on the liquidation date. However, after having specified Auto as the mode
of liquidation, if you wish to liquidate them manually for a specific account, the System
intimates you with an override message. Manual profit liquidation can be triggered through the
‘Debit Profit Liquidation’ screen. Manual liquidation is recommended during Account Closure.
Note
–
You will not be allowed to change these preferences at the account level. However
in the Amounts and Dates section of the ‘Islamic Customer Accounts Maintenance’
screen, both the total debit profit due as well as the charges due, are displayed.
–
If there is any outstanding profit or charges on the account, the outstanding amount
is displayed as an override while saving the transaction involving the account.
–
While closing an account closure, the system verifies whether there is any
outstanding debit profit or charges on the account. You will need to liquidate these
before account closure.
–
An error log is created to store the error details of accounts for which liquidation
could not be performed due to the following reasons:
–
The Verify Funds option is enabled and partial liquidation is performed.
–
The Verify Funds option is enabled and the account has insufficient funds.
–
Accounting entries do not get passed successfully irrespective of whether the Verify
Funds option is set or not.
Refer the End of Day processing for Debiting Receivable GLs section in the Daily Processing
of IP chapter of the IP User Manual for details on end of day processes on Auto and Manual
liquidation.
Escrow Details
The following Escrow details can be maintained for the account class:
Escrow Transfer Applicable
This box is checked by default, when an account is created. Uncheck this box if Escrow
transfer is not applicable.
Transaction Code
Select the Transaction Code to be used for Escrow transfer from the adjoining option list. The
option list displays only those transaction codes which are enabled for Escrow processing at
the ‘Transaction Code Maintenance’ screen.
Note
This is a mandatory input if Escrow transfer is enabled for the account class.
Transaction Code for Reversal
Select the transaction code to be used for Escrow Reversal transactions from the adjoining
option-list. The option list displays only those transaction codes which are enabled for Escrow
processing at the ‘Transaction Code Maintenance’ screen.
2-6
Note
During account class amendment system does not allow you to disable Escrow process
for an account class if a Project account has been created using that account class.
Cash Deposit Limit on Trust Account
If you have checked the box ‘Escrow Transfer Applicable’, you will have to specify the
maximum cash that can be deposited in the Trust accounts under this account class.
2.2.2
Statement Parameters Tab
For each Islamic account class that you maintain you have the option of generating account
statement details, periodically, for all customer accounts associated with the account class.
If you need to generate account statements that would need to be sent across multiple media,
generated at different frequencies, you can define up to three different frequencies at which
the statements could be generated, with a primary, secondary and tertiary frequency.
Note
If you are defining primary, secondary and tertiary statements, the frequency for each must
be different and unique; for instance, if you define a monthly primary statement, you cannot define a secondary or tertiary statement with a monthly frequency.
As part of specifying the account statement preferences you can indicate the following for
each of the statements, whether primary, secondary or tertiary.
Click ‘Statement Parameters’ tab in the ‘Islamic Accounts Class Maintenance’ screen. The
fields in the Statement Parameters section are as follows:
Specify the following details:
2-7
Primary Account Statement Parameters
Indicate the following details.
Type
The first preference that you specify for Islamic account class is to indicate whether the
periodic generation an account statement is required. If the generation of an account
statement is necessary, you have to specify the format in which it is to be generated. The
options available are:

None

Detailed – indicating that the statement should be a detailed account of all the customer
transactions within the account class.

Summary – indicating that only a summary of the transaction details is enough.
Cycle
The system generates the account statement details at a frequency that you specify. The
frequency can be:

Annual

Semi-annual

Quarterly

Monthly

Fortnightly

Weekly

Daily
If you indicate that the statement generation frequency is weekly, you should also indicate the
day of the week on which the account statement is due. Similarly, for a monthly statement you
should indicate the day of the month.
On
To specify the frequency for a monthly statement you can specify a number between 1 and
31 (corresponding to the system date). If you set the statement date to 30, then account
statements will be generated on:

The last working day for months with < 30 days

For months with 30 days on the 30th; if 30th is a holiday on the next working day
If you set the statement date to 31, then account statements will be generated on:

The 31st, for month with 31 days; if 31st is a holiday on the next working day

The last working day for months < 31 days
For all other cycles, account statement would be generated on the last day of that cycle.
Offline Limit
This is the limiting amount till which transactions will be carried out between account(s) for the
account class you are defining here, between branches when the database connectivity is not
functional.
Enter the off-line limit here.
2-8
Note
–
If you are defining primary, secondary and tertiary statements, the frequency for
each must be different and unique; for instance, if you define a monthly primary
statement, you cannot define a secondary or tertiary statement with a monthly
frequency.
–
Offline limit is maintained only for primary level
Tertiary Account Statement Parameters
Indicate the following details.
Type
The first preference that you specify for Islamic account class is to indicate whether the
periodic generation an account statement is required. If the generation of an account
statement is necessary, you have to specify the format in which it is to be generated. The
options available are:

None

Detailed – indicating that the statement should be a detailed account of all the customer
transactions within the account class

Summary – indicating that only a summary of the transaction details is enough
Cycle
The system generates the account statement details at a frequency that you specify. The
frequency can be:

Annual

Semi-annual

Quarterly

Monthly

Fortnightly

Weekly

Daily
If you indicate that the statement generation frequency is weekly, you should also indicate the
day of the week on which the account statement is due. Similarly, for a monthly statement you
should indicate the day of the month.
On
To specify the frequency for a monthly statement you can specify a number between 1 and
31 (corresponding to the system date). If you set the statement date to 30, then account
statements will be generated on:

The last working day for months with < 30 days

For months with 30 days on the 30th; if 30th is a holiday on the next working day

If you set the statement date to 31, then account statements will be generated on:

The 31st, for month with 31 days; if 31st is a holiday on the next working day

The last working day for months < 31 days
For all other cycles, account statement would be generated on the last day of that cycle.
2-9
Secondary Account Statement Parameters
Indicate the following details.
Type
The first preference that you specify for Islamic account class is to indicate whether the
periodic generation an account statement is required. If the generation of an account
statement is necessary, you have to specify the format in which it is to be generated. The
options available are:

None

Detailed – indicating that the statement should be a detailed account of all the customer
transactions within the account class

Summary – indicating that only a summary of the transaction details is enough
Cycle
The system generates the account statement details at a frequency that you specify. The
frequency can be:

Annual

Semi-annual

Quarterly

Monthly

Fortnightly

Weekly

Daily
If you indicate that the statement generation frequency is weekly, you should also indicate the
day of the week on which the account statement is due. Similarly, for a monthly statement you
should indicate the day of the month.
On
To specify the frequency for a monthly statement you can specify a number between 1 and
31 (corresponding to the system date). If you set the statement date to 30, then account
statements will be generated on:

The last working day for months with < 30 days

For months with 30 days on the 30th; if 30th is a holiday on the next working day

If you set the statement date to 31, then account statements will be generated on:

The 31st, for month with 31 days; if 31st is a holiday on the next working day

The last working day for months < 31 days
For all other cycles, account statement would be generated on the last day of that cycle.
Document Check List
Specify the following details:
Document Type
Specify the document type. The adjoining option list displays all the document types that are
maintained in the system. You can select the appropriate one.
Customer Type
Specify the customer type. The adjoining option list displays all the customer types that are
maintained in the system. You can select the appropriate one.
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Mandatory
Check this box to indicate that the document specified here is mandatory.
Document Notification Details
Send Notification
This check box indicates whether to send notifications or reminders for not submitting the
mandatory documents.
Frequency (Notification)
System defaults the frequency of notification to be sent. The frequency can be one of the
following:

Daily

Weekly

Monthly

Quarterly

Half yearly

Yearly
Days (Reminder)
System defaults the number of days left for the expiry or submission due date of the
documents for sending the reminder.
2.2.3
Capturing Additional Details
You can capture additional details for the Islamic Account Class by clicking the following
buttons in the ‘Islamic Account Class Maintenance’ screen:
Button
Function
Restrictions
This invokes the ‘Account Class - Product and Transaction
Codes Maintenance’ screen.
Branch/Currency
Restriction
This invokes the ‘Branch Currency’ screen.
Customer Categories
This invokes the ‘Account Class - Customer List’ screen.
MIS
This invokes the ‘Management Information System’
screen.
Preferences
This invokes the ‘Preferences’ screen.
REG
This invokes the ‘REG Details’ screen.
Deposit
This invokes the ‘Deposit Account Details’ screen.
Auto Deposit
This invokes the ‘Auto Deposits’ screen.
2-11
2.2.4
GL Lines
This invokes the ‘GL Lines’ screen.
Status Rule
This invokes the ‘Status Rule Definition’ screen.
Amt Block
This invokes the ‘Amount Block Details’ screen.
Statement
This invokes the ‘Interim Transactions and Balance
Report’ screen.
Notice
This invokes the ‘Notice Details’ screen.
Fields
This invokes the ‘User Defined Fields’ screen.
Specifying Restrictions Details
You can place restrictions on transactions involving Islamic accounts, at the account class
level. As discussed earlier (for customer account), these restrictions get defaulted to all
accounts that are linked to the Islamic account class. But you are allowed to change these
restrictions for individual accounts as well.
To maintain the restrictions, click the ‘Restriction’ button in the ‘Islamic Account Class
Maintenance’ screen. The ‘Account Class - Product and Transaction Codes Maintenance’
screen is displayed.
The restrictions can be based on:

Products

Transaction Codes
Validation of restrictions
During maintenance or online operations, in the respective contract screens for the restricted
transactions, when you specify the customer account, the system checks whether the account
2-12
class used by the specified account is restricted for the product that has been selected, or the
debit / credit transaction type. If so, an override is sought when such contracts are saved.
2.2.5
Maintaining Exclusion Criteria for Profit Sharing
You can specify the allowed transaction count for accounts in the account class to be
considered for the profit sharing process and also you need to specify the threshold count for
every allowed transaction code maintained for the Account Class. In case the transaction
count for certain accounts exceeds the stipulated count, then such accounts will not be
considered for the purpose of profit contribution and sharing.
Click on ‘Exclusion Criteria for Profit Sharing’ button in the ‘Account Class - Product and
Transaction Codes Maintenance’ screen to invoke ‘Exclusion Criteria For Profit Sharing’
screen.I
Here you specify the count threshold for every transaction code maintained in the system
2.2.6
Specifying Branch/Currency Restriction Details
In addition to what you have specified in the ‘Islamic Account Class Maintenance’ screen you
have the option of specifying the following for the accounts class:

List of allowed or disallowed branches and allowed or disallowed currencies

List of allowed and disallowed customer categories and allowed and disallowed
customers
2-13
2.2.7
Maintaining Branch Preferences
You can specify the branch and currency preferences through the ‘Branch Currency’ screen.
Click the ‘Branch/ Currency Restriction’ button in the ‘Islamic Account Class Maintenance’
screen. The screen will be displayed.
All the allowed currencies you have defined for this account class will be displayed in the
Allowed column. You can enter the minimum balance that should be maintained against each
currency. Additionally, you can also enter the currency-wise minimum balance for the profit
sharing that should be maintained in the accounts (under the account class) to be eligible for
profit sharing.
Customer accounts maintained in any branch can be linked to any account class. However,
you have the option of restricting the linkage of customer accounts in a particular branch or
branches to an account class.
To specify this, click on disallowed since the disallowed branch list is smaller than the allowed
branch list. From the list of Available Branches select 001 and click the adjoining arrow.
Repeat the procedure for 004. 001 and 004 will be listed under disallowed branches.
Note
For specifying the allowed list of branches, first click on allowed. You will notice that the
list title changes accordingly to allowed and vice versa. You should select allowed or disallowed depending upon the length of the list.
2.2.8
Maintaining Currency Preferences
In this screen you can specify the following for an account class:

Those branches to which all parameters defined for this account class should be
available

Those currencies in which all customer accounts linked to this account class can
operate
2-14
For all accounts under this account class you have the option of specifying currencies in which
transactions are allowed/disallowed.
For example, you want to restrict all account level transactions under the account class
Corporations for corporate type accounts to four important currencies only, say - USD, GBP,
JPY, and DEM. You can specify the same. But currency preference needs to be accompanied
by specifications regarding the minimum balance limit in each currency.
To do this, click the ‘Currency Preferences’ button in the ‘Branch Currency’ screen to invoke
‘Currency Preferences’ screen.
For every allowed currency, you can enter the minimum balance that should be maintained
against each currency. Additionally, you can specify the limit for performing cash transactions
in an ATM. You can also enter the currency-wise minimum balance for the profit sharing that
should be maintained in the accounts (under the account class) to be eligible for profit sharing.
You can also specify the cash reserve ratio (CRR percentage) for different currencies.
Amount as per this ratio will be deducted from the account balance before applying weights.
If the box ‘Escrow Transfer Applicable’ is checked for the account class, you can capture
currency-wise cash deposit limit for the Trust accounts linked to the account class.
2.2.9
Specifying Customers/Categories Details
Instead of linking each customer account to the account class, a customer category is linked
to the class.
For an account class you should specify the category that should be linked to it and also
specify if all customers under each of the categories are to be linked to the account class. In
the ‘Account Class - Customer List’ screen you have the option of specifying the categories
that should be linked to this account class and within a category you can also restrict individual
customers to be linked to the class.
2-15
To indicate allowed customer categories click the ‘Customers/ Categories’ button. The
‘Account Class - Customer List’ screen will be invoked.I
In this screen you define the following:

A list of allowed or disallowed customer categories

A list of disallowed customers (if any) under the allowed category
For an account class you need to specify the customer categories that should be linked to it
and also customers within a category who should not be allowed to be linked to this account
class.
Note
Check the square box to allow a customer the parameters assigned to this account class.
Leave the box unchecked to disallow a customer from being assigned to this account
class.
2.2.10
Specifying MIS Details
To invoke the MIS details screen for an account, click the ‘MIS’ button while opening/
modifying the account. The entities defined for the customer will be picked up by default and
these entities can be changed.
2-16
For an account, the transaction type of MIS class will be picked up from the account class,
along with the cost codes and pool codes. The composite type of MIS class will be defaulted
from those defined for the customer. These too can be changed.
2.2.11
Specifying Preferences Details
To set preferences, click the ‘Preferences’ button in the ‘Islamic Account Class Maintenance’
screen. The ‘Preferences’ screen is displayed.
Preferences are the options or attributes that uniquely distinguish an account class. The
following are the preferences that you can specify for Islamic account class:

Limit Check – You can check this box to indicate that a limit check for sufficient
availability of funds in the account will be made for all accounts belonging to the account
class.

Overdraft Facility – If checked, it indicates that all accounts belonging to this class would
be allowed an overdraft facility (facility to draw a specified amount over and above the
balance in the account).

Passbook Facility – If checked, it indicates that accounts linked to the account class are
issued passbooks.

Track Receivable – If checked, you can choose to block the subsequent credit that
happens to the settlement account (linked to this account class) of a finance contract or
retail teller contract, if the system detects insufficient funds in the account, during
liquidation. In other words, the system will track the account for receivables (credits). As
and when a credit happens, the funds will be allocated to the finance or the retail teller
contract for liquidation.

Account Statistics - You can enable printing statistics in respect of accounts using an
account class, either period code-wise or financial year-wise, for the following customer
information:
2-17
–
Low and High Balance for a period - The lowest and highest current balances for
the period.
–
Average credit and debit balance for a period - This is computed as the sum of credit
/ (debit) current balances in a period, divided by the number of days of credit/(debit)
balance during the period.
–
Credit and debit days - The number of days the account was in credit/ (debit)
balance in the period.
–
Credit and Debit Turnover - The credit/(debit) turnover for the period.
–
Excess days in debit balance - The number of days in a month when the account
exceeded the overdraft limits
–
Overdraft Limit - This is computed by summing the temporary overdraft limit and the
sub-limit of the account. For each month, this would represent the limit on the last
date of the month.
–
Credit grade of the Customer - This would be the prevalent rating on the last day of
the period. For the current period, this information is provided up to the previous
working day.
To enable printing of this information for all accounts using the account class, you must
enable the Account Statistics option in the ‘Islamic Account Class Maintenance’ screen.
For each account class for which account statistics has been enabled, an accounting End of
Day (EOD) process updates the statistics table both period-wise and according to financial
years. The book-dated balances are used for computation of statistics, and the balances are
maintained according to accounting periods.
For information about viewing the period-wise account statistics, refer the section Querying
on Account Statistics, found earlier in this chapter.

Exclude Same Day Reversal transaction from Statement - If you do not wish
transactions booked and reversed on the same day to be reflected in the account
statement, you can specify the preference here. This feature is applicable only for the
customer account legs and not for the related GL legs. Also, reversals made through
the DE module will not be considered for exclusion. Your specification for this at the
account class level defaults to all accounts involving the class. You can change it for a
specific account. For comparing transactions the system will look for similarity of
reference number and date.

Back Period Entry Allowed –If checked, indicates that back-valued entries can be
posted to account belonging to the class as long as the account is open. You will be
allowed to change this specification for a specific account. While posting back-valued
transactions, the system verifies whether the ‘Back Period Entry Allowed’ option has
been enabled for the account class. If the option has not been enabled an error
message is displayed. This check is also performed while uploading journal entry
transactions.

Profit Statement - Check this box to generate the profit statement.

Available Balance Check Required – Check this box to indicate available balance is
required or not

Referral Required - Enabling this option indicates whether a referral check should be
performed on accounts belonging to the account class. Consequently, the system
checks the available balance (not the current balance) while performing the referral
checks for all transactions involving the account. If a transaction involving the account
results in the account moving to overdraft, the account and transaction details will be
sent to the Referral Queue.

Status Change Automatic - If you check this option, the status of the account will be
changed automatically by the system as per the conditions maintained in the ‘Status
Rule Definition’ screen. If you do not select this option, you have to change the status
2-18
manually through the ‘Manual Status Change’ screen. These screens are discussed in
detail in the subsequent sections of this document. This specification will be defaulted
to all the accounts reporting to this account class.

Integrated Liquidity Management – Check this box to generate integrated liquidity
management

ATM – If checked, it indicates that accounts linked to the class will avail the ATM facility

Consolidation for Inward Clearing - You need to indicate whether or not consolidation is
required for inward clearing transactions in a batch at the Account Class level. The
indication for this option is carried forward to the ‘Islamic Customer Account
Maintenance’ screen. If this option is unchecked here, it cannot be checked in the
‘Islamic Customer Account Maintenance screen’.

Profit Charges – If checked, it indicates that for profit and charges computation the Profit
and Charges module will process accounts linked to this class.

Track Accrued Profit – If checked, it indicates whether accrued profit in the Profit and
Charges module on an account linked to this class, would be considered while
computing credit utilization for the account.

Credit Advices– If checked, indicates that for all accounts belonging to this class, the
system will generate a credit advices on profit liquidation. The advices are generated
during end of day processing in SWIFT or/and MAIL format. You can also specify this
preference through the ‘Special Conditions’ screen.

Posting Allowed – If checked, indicates that the account class being created is to be
used while creating IRA monetary accounts. Monetary accounts used for IRA need to
be distinguished from the other accounts in Oracle FLEXCUBE, so that these accounts
do not come up for posting in the other Oracle FLEXCUBE screens.

Lodgment Book - If you wish to allow orders of lodgment books for all accounts that use
this account class, you can indicate so, in the ‘Islamic Account Class Maintenance’
screen, by selecting the Lodgment Book option.

Replicate Customer Signature - Check this box to indicate that customer signature
should be replicated. On checking this option, the signature of the customer gets
defaulted to account level.

Profit Calculation Balance Basis - You can specify the balance basis on which all
accounts under this account class should be considered for Mudarabah profit sharing.
You can choose the appropriate option from the following values available in the dropdown list adjoining the field ‘Profit Contribution Balance Basis’:
–
Monthly Average Balance - This option indicates that the system will check whether
or not the average balance in every account (under this account class) is equal to
or greater than the minimum balance for profit sharing.
–
Month End Balance - This option indicates that the system will check whether or not
the balance on the last day of the month in every account (under this account class)
is equal to or greater than the minimum balance for profit sharing.
–
Dly Net Balance & Avg Balance - This method of calculation is similar to the average
balance calculation (as explained above) with the only difference that, whenever the
day end balance of an account falls below the minimum balance (Not the Minimum
balance maintained for profit Sharing) stipulated for the account, the contribution of
that days balance will be taken as ‘zero’ while doing summation for the month.
System will not check the Balance arrived from the above method with the Minimum
balance maintained for Profit Sharing.
–
Min. Balance - This option indicates that the system will check whether or not the
lowest ever balance in every account (under this account class) is equal to or
greater than the minimum balance for Profit Sharing.
2-19
Based on the balance basis chosen, if the system finds the account balance greater than or
equal to the minimum balance for profit sharing (Except for Dly Net Balance & Avg Balance),
the system will consider that account for profit sharing.

Mudarabah Fund ID - You can indicate as to which fund the aggregate account balance
of all the customers under this account class will report for the depositor contribution
from the option list.

Processing for consolidation of inward Clearing - During the Inward Clearing process,
the consolidated entry for clearing will be passed according to the following grouping:
–
Remitter’s Account
–
Clearing Product
–
Instrument Currency
–
Remitter’s branch
–
End point
A consolidated clearing entry will be passed using a separate Transaction Code maintained
in the ‘Clearing Product Preferences’ screen. This Transaction Code should be set with
Cheque Mandatory option as No in the ‘Transaction Code Maintenance’ screen.
One consolidated clearing entry will be passed for each of the above groups. Entries will be
passed against a common reference no. generated for each of the groups. After the
consolidated entry has been passed, each individual instrument will be processed separately
to pass charge entries (if applicable) at the transaction level.
Cash Reserve Ratio
Specify the cash reserve ratio that should be maintained for all accounts under this account
class. This ratio will be applied on the account balances before applying weights during profit
distribution.
Exclude from Distribution
Check this box to indicate that accounts under this account class should be excluded from
profit distribution.
No. of Days For Salary Block
Specify the number of days for salary block. At the time of salary credit in to a customer
account, the system will place an amount block for the number of days specified here from
the date of salary credit. The amount blocked will be equal to the finance installments due
during this period.
No of days for Closing Unauthorized Accounts with No Activity
Specify the number of days (inactive days) allowed for closing unauthorized accounts with no
activity.
No of days for Closing Authorized Accounts with No Activity
Specify the number of days (inactive days) allowed for closing authorized accounts with no
activity.
Cheque Book Preferences
Oracle FLEXCUBE provides you with the facility to automatically trigger the reorder of
Cheque Books for all accounts reporting to a specific account class. However, you have the
option of changing your preferences at the account level also.
To facilitate automatic reordering of Cheque Books, you have to maintain the following details:
2-20
Cheque Book
To indicate that automatic reordering of cheque books should be allowed and for specifying
the details for the same, you have to check this option. If not selected, you will not be able to
maintain the automatic reordering preferences for the account class.
Auto Reorder of Cheque Book
You have to select this option to specify that automatic reordering of Cheque Books is
required for all accounts reporting to this account class. This field will be enabled only if you
have checked the ‘Cheque Book’ option explained above.
Reorder Level
Here, you have to indicate the level at which the reordering of Cheque Book should happen.
Automatic reordering will be set off by the system when the unused number of cheque leaves
becomes equal to or less than the re-order level that you maintain here. This field will be
enabled only if you have indicated that automatic reordering of Cheque Books is required i.e.
the ‘Auto Reorder of Cheque Book’ option is checked.
Reorder Number of Leaves
In this field you have to specify the number of leaves that should be ordered for the new
Cheque Book. This field will be enabled only if you have checked the ‘Auto Reorder of Cheque
Book’ option.
Max No. of Cheque Rejections
Specify the maximum number of cheque rejections that can be allowed for an account.
2.2.12
Specifying REG Details
For Islamic account class, you can define whether the Regulation D limits are applicable, and
the period over which the limits would be applicable. To invoke ‘REG Details’ screen, click the
‘REG’ button in the ‘Islamic Account Class Maintenance’ screen. You can specify the
Regulation D applicability details in this screen.
If you indicate the periodicity of Regulation D applicability as ‘Statement Cycle’, the restricted
transactions would be counted over the primary statement cycle defined for the account class.
The Regulation D applicability details specified for the account class would default to all
accounts using the class. However, you can make changes to these details when you set up
a customer account that uses the account class.
2-21
2.2.13
Specifying Deposit Details
To handle term deposits in Oracle FLEXCUBE, you have to set up an account class of type
‘Deposit’, in the ‘Account Class Maintenance’ screen.
Identify the account class you are setting up with a unique code and a brief description. To
handle term deposits, choose the Deposit option under Account Type.
Note
Typically, for every deposit scheme you offer at your bank, you would set up a Deposit
Type Account Class.
Click the ‘Deposit’ button to define the parameters for a deposit type account class. The
‘Deposit Account Details’ screen is displayed.
If you want to allow partial redemption of TDs linked to this account class, you will have to
check the box ‘Allow Partial Redemption’.
Refer the chapter ‘Term Deposit Maintenance’ in the ‘Term Deposits’ User Manual for more
details about this screen.
2-22
2.2.14
Specifying Auto Deposit Details
You can create an auto deposit in case the balance in the source account is overdrawn. The
auto creation of deposits is carried out as an end of day process. For creating an auto deposit,
you have to maintain the following parameters:I
Account Class
For creating an auto deposit, you have to specify an account class of the deposit. The tenor
and profit conditions maintained for the selected account class will be defaulted.
Note
You cannot create an auto deposit if the Account class you have chosen has expired, that
is, surpassed the end date maintained for the account class. The system will log an exception in such a case.
Transaction Code
You have to specify the transaction code for the auto creation of the deposit.
Currency
Mention the currency in which the deposit is created.
Minimum Required Balance
The minimum balance indicates that only the amounts above this limit will be used for auto
creating deposits. You have to specify the minimum amount that the customer can retain in
the account.
Cluster ID
The system displays the cluster id linked with the deposit account class linked to the savings
account class.
Break Deposits First
Check the box to indicate whether you want the funds to be moved by breaking deposits
before breaking the deposit accounts. If you leave the box unchecked, the funds will be
moved first from the linked CASA accounts.
Def Rate Code
Select the code of the differential rate from the adjoining option list.
2-23
Def Rate Type
Select the type of differential rate code; whether ‘Mid’ or ‘Buy’ or ‘Sell’.
Sweep Mode
You can indicate the pattern in which sweep outs are created by selecting any on of the two
options:

Auto – Here the amounts are automatically swept out at the end of day when minimum
balance exceeds.

Manual – You have to manually initiate the sweep. The sweep will execute only those
instructions that are specified while account opening/ad hoc.
Break Method
You can choose to maintain the any of the following order of breaking deposits:

LIFO (Last In First Out)– Indicates that the last created deposit will be broken first

FIFO (First In First Out) – Indicates that the Earliest Deposit will be broken first

MAXB (Maximum Balance) – Indicates that the Deposits are broken in descending
order of available balance

MINB (Minimum balance) – indicates that the order of breaking of Sweep / Auto deposit
will be done for the Account / Deposit with the Minimum Balance
Provide Profit on Broken Deposits
You have to specify whether you want provide profit on deposits that were broken
prematurely. Check the box to indicate that you want to give the profit for the deposits. Leave
it unchecked to indicate otherwise.
2.2.15
Specifying GL Lines Details
In Oracle FLEXCUBE, you can assign different status codes to the account class, which will
be applicable to all the accounts under it. The accounts will move from one status to the other
based on the number of days they have remained inactive in the system. The status of an
account will determine whether the account should be marked as an NPA (Non-Performing
Asset) or not.
Further, you can also specify the reporting lines (for GL, Central Bank, and Head Office) to
which accounting entries should be passed when an account moves from one status to the
other. You can post all debit and credit balances of one account class to a single General
Ledger account. Conversely, you also have the option of posting debits and credits to
separate GLs.
2-24
The status codes and the reporting lines for each status may be defined in the ‘Status Details’
screen. Click the ‘GL Lines’ button in the ‘Islamic Account Class Maintenance’ screen to
invoke it.
You can specify the following details in this screen:
Status
You can select the different status codes applicable to the account class, in this field. Use the
Add icon to define each status and the attributes for the same. You can use the navigation
icons to move from one status to the other.
Only status codes with status type ‘Account’ will be available in the option-list if the Status
Processing Basis is defined as ‘Contract/Account’ for all branches, in the Branch Parameters.
If the Status Processing Basis is defined as ‘Group/CIF’ level for any branch, then the
statuses of type ‘Both’ are available. In this case, it is mandatory to link all the statuses
defined.
On selection of the status, the associated description will be displayed alongside.
Specifying Reporting line Details
You can enter the following details:
Dr and Cr GL Lines
Select the debit GL account, to which all debit balances within a specific account class will
report to, when it moves to the status being defined. You can identify the debit GL from the
list of existing GLs. Likewise, all credits within a particular account class will report to the GL
account that you have identified to track credits.
Dr and Cr Central Bank Lines
Select the Central Bank Debit line to which all debit accounts belonging to an account class
should report to when it moves to the selected status. You have maintained Central Bank
Debit lines in the ‘Reporting Lines Maintenance’ screen. You can select the appropriate CB
Debit Line from the available option-list.
Similarly, all accounts belonging to an account class, if in credit should report to a Central
Bank Credit Line for the selected status. You can identify the CB Credit Line that should be
associated with the status from the option-list available.
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Dr and Cr Head Office Lines
This is the Debit Head Office GL maintained in the ‘Reporting Lines Maintenance’ screen to
which all accounts belonging to this class will report, if they move to the status being defined.
Similarly, select the Credit Head Office GL maintained in the ‘Reporting Lines Maintenance’
screen to which all accounts belonging to this class will report to, when they move to the status
being defined.
Note
As a mandatory requirement, you have to associate the status ‘NORM’ (Normal) when
maintaining status codes for an account class.
Accounting Roles and Heads for Provisioning
In addition to the provisioning preferences that you specify for an account class, you must also
maintain the accounting roles and heads representing the GLs to which the accounting entries
for provisioning must be passed, for each account status. You can maintain this information
in the ‘Status Details’ screen, when you define each of the status codes.
Rebook Provisioning on Status Change
In the ‘Status Details’ screen, you can indicate whether provisioning entries for an account
must be rebooked when provisioning is done after an automatic status change for the
account. Rebooking essentially means that fresh provisioning is done, after writing back the
previous provisioning amount.
The provisioning batch process, when executed, not only computes the provisioning amount;
it also records the current status of the account and checks whether the current status is
different from the status that was prevalent when the process was previously executed. If so,
the old provisioning amount is reversed (if the Rebook Provision option has been set in the
Status Details), and the entries for the new provisioning amount are booked into the
provisioning and write back GLs maintained for the current status in the Status Details.
If the Rebook Provision has not been set, there is no reversal of the old provisioning amount,
and the differential provisioning entries are passed, as usual, into the GLs maintained for the
new status.
2.2.16
Specifying Status Rule Details
If you have opted for automatic status change for all accounts belonging to an account class,
you have to maintain the criteria based on which the system will bring about the status change
automatically.
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You can define the different criteria in the ‘Status Rule Definition’ screen. Click the ‘Status
Rule’ button in the ‘Islamic Account Class Maintenance’ screen to invoke it.
In this screen, you can define five conditions for each status applicable to an account class.
An account will be said to be in a specific status if any one of the five conditions associated
with the status holds true for an account. Conversely, if all the conditions are false, the
account will automatically move to the next available status for which the condition is true.
Elements
The following elements are available based on which you can build a condition for automatic
status change. You can associate each of these elements with an account, in the ‘Customer
Accounts Maintenance’ screen.
The set of elements are as follows:

Frozen

Dormant

Nodebits

Nocredits

Stoppayment

Current Status
In addition, the following elements will also be available for processing:

OD (overdraft) Days

Inactive Days

Overline Days

TOD (Temporary Overdraft) Days

Customer Classification
Logical Operators
Logical Operators are indicators of certain conditions that you specify while building a rule.
These operators are used in combination with the elements discussed earlier. The following
is a list of logical operators that you would require to build a status rule:
AND
The conjunction ‘and’
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OR
2.2.17
The conjunction ‘or’
>
Greater than
>=
Greater than or equal to (please note that there is no space
between the two symbols)
<
Less than
<=
Less than or equal to (please note that there is no space
between the two symbols)
<>
Not equal to (please note that there is no space between the
two symbols)
=
Equal to
Specifying Amount Block Details
The allocation of funds will occur as per the product sequence you maintain in the ‘Amount
Block Details’ screen invoked from the ‘Islamic Account Class Maintenance’ screen. Click the
‘Amt Block’ button to access this screen.
In this screen, you will specify the sequence of products based on which funds will be made
available when a credit is posted to an account with a track receivable option. The sequence
number is automatically generated by the system. All authorized products of your bank will be
available in the option-list. On selection of the product, the product description will appear
alongside.
Whenever a credit happens to an account with a track receivable option, the system will check
if the account has any receivable being tracked against it. If yes, the amount is blocked as a
receivable and this process continues until the amount needed for liquidation becomes fully
available.
The batch process run as part of EOD/BOD will liquidate the loan contract or retail teller
contracts.
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If the amount received is not sufficient for full liquidation, then depending on the minimum
amount required for liquidation, the system would initiate a partial liquidation for loans but for
retail teller contracts liquidation will be initiated only when full amount is available.
Note
If insufficient funds are detected in an account with a receivable tracking, the system will
trigger the event ‘LBLK’ indicating that enough funds are not available and that subsequent
credits made to the account will be blocked as a receivable.
2.2.18
Specifying Statement Details
Interim Transaction reports are maintained through the ‘Interim Transactions and Balance
Report’ screen. Click the ‘Statement’ button in the ‘Islamic Account Class Maintenance’
screen to invoke this screen.
Specifying Interim Transactions Report
Generate Message
Check this box to indicate that the periodic interim statement (MT942) generation is required
for the account. The ‘Consolidated Statement’ and ‘Generate Message’ are mutually
restricted.
Generate Message Only on Movement
Check this box to indicate that the interim statement generation is required, only if additional
entries have been posted subsequent to the previous interim statement generation.
Report Transaction Since
This section lists all the transactions of the interim account statement, which are supposed to
be reported. You can choose the appropriate values applicable:

MT942 - This indicates that all transactions posted and authorized since previous
MT942 would be sent in the current interim statement.
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
MT940 - This indicates that all transactions posted and authorized since previous
MT940 will be sent in the current interim statement. If this option is selected, you will
have to specify the cycle of account statement to be considered.

MT941 - This indicates all transactions posted and authorized since the issue of a
previous MT 941 in the current balance report
Interim Report Type
Select the interim report type from the adjoining drop-down list. This list displays the following
values:

Primary

Secondary

Tertiary
Minimum Debit Amount
Specify the minimum transaction amount for the debit transaction to be eligible for reporting
in the interim statement. The corresponding amount for the account currency will be
defaulted. However, you can modify the amount defaulted. If the amounts are not defined at
the account class for the currency in which the account is being created, no defaulting of
amounts shall be done.
Minimum Credit Amount
Specify the minimum transaction amount for the credit transaction to be eligible for reporting
in the interim statement. However, you can modify the amount defaulted. If the amounts are
not defined at the account class for the currency in which the account is being created, no
defaulting of amounts shall be done.
Generate Balance Report
To indicate that the customer account is considered for generation of its balance message,
check this box.
Report Transaction Since
This section lists all the transactions the customer account has undergone, in the interval of
balance messages generated for the account. You can choose the appropriate values
applicable:

MT940: This indicates all transactions posted and authorized since the issue of a
previous MT 940 in the current balance report

MT941: This indicates all transactions posted and authorized since the issue of a
previous MT 941 in the current balance report
Of
Select the mode of message for balance generation from the adjoining drop-down list. This
list displays the following values:

Primary

Secondary

Tertiary
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2.2.19
Time Interim Transactions Report
2.2.20
Times – Balance Report
2.2.21
Specifying Notice Details
Notice preferences are maintained through the ‘Notice Details’ screen. Click the ‘Notice’
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button in the ‘Islamic Account Class Maintenance’ screen to invoke this screen.
The following field is displayed in this screen:
Description
The following details are defaulted from the account class maintenance level. However, at the
account level you are allowed to modify this.
Advance Profit
Check this field to levy the advance profit on the account
Note
–
The customer is liable to pay this advance profit in case he/she fails to provide the
required notice to the bank
–
The system deducts the advance profit from the credit profit earned by the customer
on his/her credit balance in the account
Monthly Free Amount
Specify the amount that the customer can withdraw per calendar month from his/her savings
account without being liable to pay advance profit.
Notice Days
Specify the number of days before which the customer should notify the bank if he/she wants
to withdraw an amount more than the ‘Free Amount’ from his/her account.
Validity Period
Specify the validity period in number of days. During this period, the customer can do the
withdrawal of the amount for which he/she notified the bank.
Note
This screen is applicable only for saving type of account
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2.2.22
Specifying Fields Details
User defined fields are maintained through the ‘User Defined Fields’ screen. Click the ‘Fields’
button in the ‘Islamic Account Class Maintenance’ screen to invoke this screen.
2.2.23
Triggering a Batch for Accounts Eligible for Profit Sharing
Based on the balance basis maintained in the ‘Account Class Maintenance’ screen and the
transaction code-wise exclusion criteria maintained in the ‘Exclusion Transaction Count’
screen, the system will exclude all the accounts which satisfy the Exclusion criteria. You can
trigger this Exclusion process through the ‘Profit Calculation Exclusion Batch’ screen. You can
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invoke the ‘Profit Calculation Exclusion Batch’ screen by typing ‘STDREXBT’ in the field at the
top right corner of the Application tool bar and clicking the adjoining arrow button.
You can enter the following details in this screen:
Period Code
Specify the period code for which you wish to run the batch process. The adjoining option list
displays all the period codes maintained in the system. You can select the appropriate one.
Financial Year
Specify the financial year for which you wish to run the batch process. The adjoining option
list displays all the financial year codes maintained in the system. You can select the
appropriate one.
Click the ‘Submit Batch’ button to execute the batch. The system will identify all accounts that
are not eligible for profit sharing in the given period and finanial year and exclude them from
the profit sharing computation process. The system will update the Mudarabah _Rate (UDE)
as Zero with effective date as the start date of the period.
2.3
Maintaining Islamic Customer Accounts
You can define Islamic customer accounts for all the customers of your bank through the
‘Islamic Customer Accounts Maintenance’ screen.
Each Islamic deposit account that you define is identified with an account number. The
structure of the account number is based on the account mask you have maintained through
the Account Parameters sub-screen of the ‘Bank-wide Parameters’ screen.
The account number can be combination of the CIF Number, the Islamic account class,
currency, and any other alphabet/s or number/s of the account or currency as defined.
For an account number, you also need to define (in this screen) other parameters like: the
account class; the type of account - joint or single; the reporting lines for the account; the
currency in which transactions can be passed to this account; the customer’s account limit;
the check book/passbook/ATM facility, the various statuses applicable to the account and so
on.
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Every Islamic account created or modified in Oracle FLEXCUBE needs to be authorized to
become effective. Whenever a new customer account is created or an existing record is
modified, the system generates a notification message on the record authorization. This
notification message can be sent to any external system if required.
Note
You can query or modify the account details of the customers whose accounts are permitted to you for the query/modification in the ‘Group Code Restriction’ screen.
You can invoke the ‘Islamic Customer Accounts Detailed’ screen by typing ‘IADCUSAC’ in the
field at the top right corner of the Application tool bar and clicking the adjoining arrow button.
The details maintained in this screen have been classified into three broad heads:
Main
Here you maintain the basic attributes of each customer account like
the account number, customer code, the account class, account currency, type of account - single or joint, account status, other statuses
applicable, Cheque Book preferences and so on
Auxiliary
Here you can view other details like provisioning and so on.
Nominee
Nominee details are maintained under nominee head
The ‘Islamic Customer Accounts Detailed Main’ screen is displayed by default when you
invoke the ‘Islamic Customer Accounts Detailed’ screen. The Branch Code of the sign-on
branch is on display.
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Branch Code
The system displays the branch code of the sign on branch.
Account
You can indicate the account number of the customer. One customer can have any number
of accounts.
The structure of the account number is defined in the customer account mask maintained in
the Account Parameters sub-screen of the Branch-wide parameters screen. The account
number can be a combination of the account class, customer code (CIF Number), serial
number or currency as defined in the customer account mask.
The last constituent of the account number is always a system generated check digit (it could
be alphabetical or numeric depending upon the mask defined).
You cannot alter the relative position of the constituents of customer account (as defined in
the mask) while maintaining actual customer accounts.
Currency
You have to identify the currency of the customer account. A list of all the currencies
maintained in the system will be displayed in the available list. You can select the currency of
transaction for the respective account. If the currency of the account is not defined for the
current period in the ‘Turnover Limit Maintenance’ screen, you will not be able to save the
account.
In case the account is linked to a fund, The system defaults the fund currency. You cannot
modify this.
SD User Reference
The system displays the SD user reference for the TD accounts.
Customer No
If you have included the CIF Number of the customer as part of the Account Mask, the system
automatically defaults the CIF code of the customer in the respective field. You can modify
this code.
However, while defining the Account Mask in the Account Parameters section of the Bankwide Parameters screen, if you have specified that the CIF Number should not be a part of
the account mask you will have to specify the customer code manually. A list of all the valid
customer codes is displayed in the available option list. You can select the appropriate.
Customer Name
On entering the Customer No, the customer name is automatically displayed.
Account Class
In Oracle FLEXCUBE, you can classify the customer accounts of your bank into different
groups. Each group is referred to as an account class and is maintained in the Account Class
Maintenance screen. For each class, you have to define certain common attributes applicable
to all accounts in the particular class.
While maintaining a specific account you have to identify the class to which the particular
account belongs. You can select the appropriate account class from the list of all the valid
account classes maintained in the system. Account classes that have surpassed their end
date (expired) will not be displayed in the option list.
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2.3.1
Main Tab
The ‘Main’ tab is displayed, by default, in the ‘Islamic Customer Accounts Detailed’ screen.
The fields in the Main section are as follows:
Description
This is the description of the account. Here you can enter the nature of the account like
current, savings, overdraft, and so on. If a customer has two or more accounts under one
account class you can specify the purpose of that account.
Account type
You have to indicate whether the account is to be opened only by the account holder or
whether it can be jointly operated.
Fund Id
Select the fund id from the adjoining option list. The system defaults the value of Default
Mudarabah Fund as fund id.
The system displays this field only in a case where the selected branch is a fund branch.
Country Code
To define the country limits for each individual country you have to select the country code
from the option list available.
Mode of Operation
Indicate the mode of operation. Choose one of the following options from the drop-down list:

Single

Jointly

Either-Any one or Survivor

Former or Survivor

Mandate Holder
Account Open Date
You have to capture the date on which the account was opened.
Alternate Account Number
You have to define an alternate account number for the account you are defining. The
alternate account number that you specify should be unique for each customer. You can
capture the old account numbers used by your bank before installing the Oracle FLEXCUBE
system. The old account numbers would be mapped with the new account numbers. This
would facilitate quick tracking of the account and generating queries.
In the Data Entry Module, you can input a transaction using the alternate account number
instead of the actual account number.
Clearing Bank Code
The clearing bank code for the customer account is generated automatically if you have opted
for auto generation in the Branch parameters
Clearing Account Number
The clearing account number for the customer account is generated automatically if you have
opted for auto generation in the Branch parameters. The account number is created
according to the account mask you have maintained for the branch. This will be mandatory,
and has to comply with length of 9 characters and MOD 11 validation, if the value of the UDF
‘Clearing A/C Mandatory’ is maintained as YES in the Field Name to Value Definition screen.
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However, you can choose to change this number here and the system validates this number
with the account mask you have maintained for the branch
IBAN Account Number
To capture the detail of the IBAN account for a specific customer, you have to enable the
‘IBAN Required’ option by enabling it. Subsequently, click the ‘M’ button. The IBAN details
sub-screen will be displayed.
In this screen, you can capture the IBAN Account Number as well as the bank code of the
bank where the IBAN account resides.
Address
Specify the address of the customer.
Statuses
The status reflects the status of the account. The account may have a No Credit or No Debit
order issued against it or a Stop Payment order or it may have been frozen for some reason
and therefore dormant. While posting transactions to the customer account, the system
checks the status of the account before the entry is processed
No Debits
No debits can be posted to the account. For example, Silas Marner, a customer of your bank,
going abroad for a year instructs you not to debits his account till his return. You can execute
this instruction by checking this box.
No Credits
No credits can be posted to the customer account by enabling the check box positioned next
to this field
Stop Payments
For Stop Payments, if in the CASA module a stop payment instruction is issued (for a check
or an amount) against the account number, the system automatically enables the ‘Stop
Payment’ check box. When the stop payment instruction is withdrawn, the status gets
updated accordingly. If a customer has requested for stop payment of multiple cheques, the
‘Stop Payment’ option will continue to remain checked till the last request is also cancelled.
After cancellation of the last stop payment instruction, the option gets updated (unchecked)
immediately
Dormant
The system updates this status for an account based on the dormancy days specified in the
‘Account Class Maintenance’ screen.
Frozen
If you have frozen a customer account in the ‘Customer Information Maintenance – Basic’
screen the accounts gets frozen. For instance, at the behest of a court order, the status of the
account is reflected here in the ‘Customer Accounts Maintenance’ screen.
Posting Allowed
If checked, indicates that the account class being created is to be used while creating IRA
monetary accounts. Monetary accounts used for IRA need to be distinguished from the other
accounts in Oracle FLEXCUBE, so that these accounts do not come up for posting in the other
Oracle FLEXCUBE screens.
Status Change Automatic
This specification will be defaulted from the account class to which the account belongs.
However, you have the option of changing it at the customer account level. If you check this
option, the status of the account will be changed automatically by the system as per the
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conditions maintained in the ‘Status Rule Definition’ screen (invoked from the Account Class
Maintenance screen). If you do not select this option, you have to change the status manually
through the ‘Manual Status Change’ screen.
OverDraft
Check this option to provide overdraft facility for the account.
Refer to the section titled ‘Modifying an account status manually’ later in this chapter for more
details.
Contribute to PDM
This box is checked by default while creating an account, to indicate that the account balance
should be considered for contribution to the profit distribution pool. However, you can uncheck
it.
Exclude from Distribution
This preference is defaulted from the linked account class. However, you can change it.
If this box is checked, the system will not consider the account for profit distribution. Leave the
box unchecked to include the account in profit distribution. Note that you can uncheck this box
only if you check the box ‘Contribute to PDM’.
Note the following:

If you check the box ‘Contribute to PDM’ and uncheck the box ‘Exclude from
Distribution’, the system will consider the account balance as the depositor’s
contribution and also distribute profit to the depositor.

If you check the boxes ‘Contribute to PDM’ and ‘Exclude from Distribution’, the system
will consider the account balance as the depositor’s contribution but it will not distribute
profit to the depositor.
Account Set for Closing
On receipt of the closure request for the account wherein profit distribution is due, you can
check this box after making the account balance ‘0’ and then pay the customer. If a
transaction is initiated on an account for which this box is checked, the system will display the
override message as, “Account set for closure do you wish to still process?”
If you select ‘OK’, the system will allow you to proceed with the transaction. This override will
be displayed only if the transaction is initiated using any module other than the Funds transfer
module. In case of a transaction initiated through the FT module on an account for which this
box is checked, the system will display an error message.
Note the following:

You can check this box only for a ‘Savings’ type of account.

Once you check this box and save the record, you will not be able to uncheck it.

Upon re-opening the account, the system will automatically uncheck this box.
Closing Date
The system displays the date on which you have checked the box ‘Account Set for Closing’.
This date is used to validate the profit sharing cycle settlement in order to close the account
automatically.
NSF Blacklist Status (Non Sufficient Fund)
NSF Blacklist Status indicates that the customer account is blacklisted due to NSF rejection.
If cheque is rejected or returned due to NSF, the blacklisted formula is executed to get the
new NSF level of the customer. If the new NSF level is a blacklisted level, then the customer
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account will be marked as a blacklisted and check book facility of all the customer’s accounts
will be revoked.
In case the new NSF level is not a blacklisted level, then the customer is marked as a nonblacklisted customer and check book facility will be enabled for that customer account.
For Joint account:

If cheque is rejected due to NSF in a joint account, all of the customer’s NSF level is
changed from Level 1 to Level 2 and so on.

Corporate or individual accounts:

If the blacklisted customer, is an authorized signatory in a corporate account, then the
corporate account will not be frozen.

If a corporate customer is blacklisted due to cheque return, then the authorized
signatories are not blacklisted and their individual accounts will not be blacklisted.
Note
NSF blacklist status is an indicator in the account to indicate the blacklist status. System
will continue to support the credit or debit transaction of the account.
Status Details
Specify the following details.
Status
At the time of maintaining a customer account for the first time, the account status will be
‘NORM’ (Normal) by default. The ‘Status Since’ field will display the current system date, that
is, the date on which the account is maintained in the system. The system will update the
status whenever a status change occurs. Therefore, at any point of time, this field will display
the current status of the account. The ‘Since’ field will reflect the date on which the account
moves to the current status.
Subsequently, the system will default the value of CIF Status as available in the ‘Customer
Maintenance’ screen. This status is the worst status among all the finances, savings accounts
and current accounts for the customer in the current branch.
Note
This is done if you have opted for status processing at the ‘Group/CIF’ level as part of your
branch preferences.
Since
The date on which the status of the account is changed to the current status is displayed here
Propagate Reporting Details
This field indicates whether the reporting lines defined for status movement, for the account
class that this account reports to, must also be applicable to it.
The following GL’s are defined in the Account Class Maintenance for posting account
balances when a status movement occurs on any accounts belonging to the account class:

The Debit and Credit GL’s to which account balances must be posted, for movement to
each status

The Central Bank Reporting Debit and Credit GL’s
2-40

Head Office Reporting Debit and Credit GL’s
When you select this option, the GL’s maintained for the account class will be applicable to
the customer account you are defining in this screen. The reporting lines will be propagated
to the account whenever a status change occurs.
If you do not want the account class details to be propagated to the account as well, you have
the option of maintaining the status codes and the reporting lines exclusively for an account.
You can achieve this through the ‘Status Details’ screen. Click the ‘Account Status’ button in
the ‘Islamic Customer Accounts Detailed’ screen to invoke it.
Account Auto Closed
The system checks this option to identify the accounts that should be closed by auto account
closure. By default the system will not check this option.
Account Derived Status
The system displays the current status of the account here. This is applicable for CASA
accounts (current accounts and savings accounts).
Dormancy Parameters
If Transaction Code associated with the account has the consider for account activity option
enabled, the dormant status of the account will be updated to active. Apart from this, you can
specify the parameter that is required for re-activating the account. Choose from the following
options to indicate the re-activation parameters for the dormant account.

Debit

Credit

Any

Manual
In case of a transaction, the system will check for the parameter you have specified here and
accordingly change the status of the account. The parameter you specify here will supercede
the parameter you have maintained at the account class level.
Location
An address for a customer account is based on the ‘Location’ and ‘Media’ combination.
Location codes maintained through the ‘Account Address Location Type Maintenance’ screen
are made available against this field. The address maintained here is always the primary or
the default address. Each customer can have several addresses for a particular media. To
distinguish between one address of a customer from another for a given media, it is essential
for you to specify a unique location for each address. Also, if you are amending an address
here, the same gets updated in the ‘Customer Account Address - Detailed’ table after the
validations are through.
Media
Indicate the media for which the charge should be levied. Select one of the following options
from the option list:

Mail

Telex

SWIFT

Fax
Linked Deposit Branch
This field displays the branch of the account that is linked to both the funds when the interfund subscription happens. This field is updated by the system when inter-fund subscription
transaction is booked.
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Linked Deposit Account
The system updates this field in case of an inter-fund subscription.
If an Islamic deposit account is linked to a fund, the system verifies if there exists a parent
account for the child deposit. It also verifies whether the parent account class is maintained
in the fund online. If the parent account does not exist, the system displays an error message.
You cannot close a parent account unless all child accounts are inactive. However, you can
create multiple parent accounts for same fund and customer combination.
Zakat Exemption
When an account is opened in a branch, you need to clarify with the customer whether he or
she will pay Zakat or will seek exemption. Check this box to indicate that the customer seeks
exemption from Zakat charge.
Options
Track Receivable
During liquidation of finance contracts as well as processing of retail teller contracts, if the
system detects insufficient funds in the settlement account, then you can choose to block the
subsequent credit that happens to the settlement account. In other words, the system will
track the account for receivables (credits). As and when a credit happens, the funds will be
allocated to the finance or retail teller contract, for liquidation. If the track receivable option is
checked for the account, the system will track the receivables for the account if sufficient
funds are not available in the account.
The allocation of funds will happen in a sequence that you specify at the account class level.
This is explained in the section titled ‘Maintaining Account Classes’.
Referral Required
Referral refers to the process of handling customer transactions, which force the accounts
involved in such a transaction to exceed the overdraft limit. Examples of typical transactions,
which force an account to move into overdraft, are Payment and Collections, Funds
Transfers, Standing Instructions or Clearing transactions. The ‘Referral Required’ option is
defaulted from the account class linked to the account. However, you can change it for a
specific account. If an account is marked for referral, the details of transactions resulting in
the account moving into Overdraft will be sent to the referral queue.
IBAN Required
Check this box to indicate whether you required IBAN or not.
Replicate Customer Signature
The signature of the customer gets defaulted from the account class level to account level.
This value is defaulted only if the customer type is individual with single mode of operation.
Salary Account
Check this option to indicate the salary account which should be selected for finance recovery
on salary credit. By default this option is unchecked.
Turnover Limit Preferences
Turnover Limit Code
The system displays the turnover limit code applicable to the account.
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2.3.2
Auxiliary Tab
Click ‘Auxiliary’ tab in the ‘Islamic Customer Accounts Detailed’ screen. The fields in the
Auxiliary section are as follows:
Positive Pay
Indicate the following:
Positive Pay
For the account you are maintaining, you can specify whether you want positive pay facility
for the account or not. When a check comes in for payment, the system validates for any
unpaid record only for those accounts that are under positive pay. For all the other accounts
that are not specified for positive pay, the system does not do any validation before making
payments for the checks.
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Funding
If you enable ‘Funding’, accounting entries will be posted by the Positive Pay maintenance/
upload table for the positive pay transaction. You have to enable ‘Positive Pay’ to make use
of ‘Funding’ functionality. If ‘Positive Pay’ is not enabled, ‘Funding’ option will not be
applicable.
If ‘Funding’ is not selected, accounting entries will not be passed for positive pay transactions.
Note
You cannot enable both ‘Deferred Reconciliation’ and ‘Funding’ functionalities. You have
to choose between either of them for a particular account.
Mod 9 Validation Required
You can enable Mod 9 Validation for positive pay accounts only. Only if positive pay enabled
then Mod 9 Validation will be active.
In the case of inward clearing of Positive Pay files, if Modulo 9 is enabled for the product, the
system performs a Modulo 9 Validation on any new cheque. If the cheque fails modulo 9
validations the system will display an error message on save. In case of check replacement
the Modulo 9 Validation is done for the new check number while in case of alphanumeric
checks, the system throws an error message if modulo 9 validation is checked.
When uploading a positive pay cheque the system will perform a Modulo 9 Validation if
Modulo 9 validation is enabled for the product. If the validation fails, this particular check will
not be uploaded. The same will be valid in case of Cheque Replacement while for
alphanumeric checks, system will skip the check and display an error.
Stale Days
If you have specified a positive pay facility for the account you are maintaining, then you have
to indicate the number of stale days for the transaction. If the date of processing happens after
the specified stale date then the transaction gives an exception error. You have to do an
override for this exception.
Fund Branch
Click on the adjoining option list to choose from the list of branches maintained. The positive
pay parking account will be picked from this branch.
Deferred Reconciliation
Enabling this check box indicates whether or not the Positive Pay account has the Deferred
Reconciliation facility. Deferred Reconciliation is the facility wherein a Positive pay cheque
which is free of any disparity is cleared by the bank even in the absence of any instruction
from the drawer of the cheque. The instruction can be deferred.
Deferred Reconciliation function goes hand-in-hand with the Positive Pay described above
and Deferred Reconciliation is applicable only for Positive Pay Accounts

If Positive Pay = No and Deferred Reconciliation = No, the cheque is subjected to the
usual validations and is Rejected if:
–
There is any discrepancy in the instrument.
–
There is a Stop payment instruction issued against the instrument

If Positive Pay = Yes and Deferred Reconciliation = No, Cheque is subject to the usual
validations and processing.

If Positive Pay = Yes and Deferred Reconciliation = Yes, and if any one or more of the
three fields viz. Branch, Account No., Cheque No. , does not match with the Positive Pay
instruction, the cheque will be put under Deferred Reconciliation as Unreconciled
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
–
If this unreconciled cheque comes in for clearing once again with the same set of
parameters, it is Rejected.
–
If Positive Pay instruction is received for an unreconciled cheque, it is marked
Reconciled and the cheque status is marked Liquidated.
If Positive Pay = Yes and Deferred Reconciliation = Yes, and the Amount field does not
match with the Positive Pay instruction, the check is Rejected outright.
All data pertaining to reconciled and unreconciled cheques are maintained and information
regarding account no., cheque no., amount and status of the instrument [reconciled or
unreconciled] can be retrieved if needed.
An EOD batch function will purge all reconciled cheques as part of the clearing batch process.
During the upload process, validation is done against all the positive pay and the deferred
reconciliation flags combinations and all Unreconciled Positive Pay Instructions are marked
as Reconciled and liquidated.
Deferred reconciliation will be overridden by a stop payment instruction if any. An error
message (or an override) will be shown if a Cheque that comes in for clearing has a stop pay
instruction against it but has no positive pay instruction.
Funding Account
Click on the adjoining option list to choose the account into which funds have to be transferred
on receipt of a positive pay instruction. The accounts that satisfy the following conditions will
be available in the list of ‘Positive Pay Parking Account’:

Both accounts belong to the same customer

The currency of both the accounts is the same
Validation Digit
Validation digit will be having values only 0 and 9. If validation digit is 9, then 9 - mod 9
remainder for the check number (Excluding the check digit) should be equal to the check digit
for the check to be passed else the check is rejected.
The check digit is the last digits of the check, that is, if check number is 1800 then check digit
is 0. The mod 9 remainder of the check number should be equal to the check digit for the
check to be passed if validation digit in customer accounts maintenance is 0 else the check
is rejected.
Account Facilities
Specify the following:
Cheque Book
Enabling this check box indicates whether or not the accounts linked to the class are issued
checkbooks.
Passbook
Enabling this check box indicates whether or not the accounts linked to the account class are
issued passbooks.
CAS Account
Specify CAS account.
Offset Branch
Choose the branch ID for the offset account, specified in the next field, from the option list.
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Offset Account
You have to specify the customer account from which the money is to be debited for booking
the TD. If you click on option list in the Offset Account field, a list of all valid account numbers
that is maintained in the branch (specified in the previous field) will be displayed. Double click
on the account that you want to specify as the offset account.
Waive Account Opening Charges
Check this box to indicate that account opening charges should be waived for individual
customer account.
Auto Cheque Book Request
Check this box if you want the system to create request for the cheque book automatically,
for the account during account creation.
When you check this box, the system allows you to capture cheque book request details in
the Cheque Book Request screen, as part of account creation.
Auto Debit Card Request
Check this box if you want the system to create request for the debit card automatically, for
the account during account creation.
When you check this box, the system allows you to capture debit card request details in the
Debit Card Request Details screen, as part of account creation.
Provisioning Details
Auto Provisioning Required
You can indicate whether provisioning is applicable for the account. If you indicate so, the
provisioning batch, when executed, picks up the account for provisioning.
Exposure Category
If the logic for deriving the exposure category of the CIF or customer group to which the
customer belongs, based on the total exposure, has been maintained in the Exposure Type
Category Linkage maintenance, then the exposure category of the account is identified. If no
logic has been maintained, you can specify the exposure category in the ‘Islamic Customer
Account Maintenance’ screen.
Risk Free Exposure Amount
You can indicate the risk-free exposure amount that would be used in computing the
provisioning amount for the account.
Provisioning Currency
You can indicate the currency in which the provisioning amount must be calculated – either
account currency or local currency. This specification is defaulted from the preferences for the
Islamic account class used by the account, and you can alter it if necessary.
Options
Indicate the following:
Euro Cheques
Euro chequebook can be issued to a customer whose account has checked for ‘Euro
cheques’ option in the customer account maintenance screen the account should be a
account with EUR currency only.
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Mt210 Required
A Notice to Receive message (MT210) is an advance notification to your account servicing
institution that it will be receiving funds that are to be credited to your bank’s account with that
institution.
For a nostro account, you can specify whether the nostro agent (your account servicing
institution) prefers to receive a Notice to Receive SWIFT message (i.e., MT 210) when it is
debited in the case of a funds transfer. To indicate that the message MT 210 is to be
generated by default whenever the nostro account is the debit account for a funds transfer,
select the ‘MT 210 Required?’ checkbox in the Customer Accounts Maintenance screen, for
the relevant nostro account.
If you indicate so, an MT 210 is generated by default whenever this nostro account is being
debited during the posting of accounting entries in any transaction. This preference (to
generate an MT 210 by default) can be over-ridden when you enter a contract involving a debit
to the nostro account.
Once you have specified this preference for a nostro account, you can change it whenever
necessary. For instance, if you have not specified that an MT 210 be generated, you can
unlock the record and specify the generation of MT 210. Conversely, if you have specified
that MT 210 generation is applicable, you can unlock the record and specify that it is no longer
applicable.
Lodgment Book
If you wish to allow orders of lodgment books for all accounts that use this account class, you
can indicate so, in the ‘Islamic Customer Accounts Detailed’ screen, by selecting the
Lodgment Book option.
Consolidated Cert. Reqd.
Check this box if you required consolidated certificate.
Back Period Entry Allowed
You can choose to allow the posting of back-valued entries into the account by enabling the
Back Period Entry Allowed option. If you choose not to restrict back period entries, you will be
allowed to post journal entry transactions to past periods as long as the account is open.
This specification is defaulted from the Islamic account class linked to the account. You can
choose to change it for a specific account.
Note
While posting back-valued transactions, the System verifies whether the Back Period Entry Allowed option has been enabled for the account. If the option has not been enabled
an error message is displayed. This check is also performed while uploading journal entry
transactions.
Mudarabah Sweep
Check this box to opt for Mudarabah sweep.
This can be checked only if Overdraft is enabled at account class level.
If Mudarabah Sweep is not checked and if linked deposit details are given for an account then
the system displays an error message as, “Linked deposit details can be given only if the flag
'Mudrabah sweep' is checked”
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Auto Deposit
Check this box to indicate that deposit will be created automatically for the account for auto
deposit.
Note
If auto deposit is checked and if the deposit instructions are given for the account then the
system automatically creates deposit whenever the credit balance in the account crosses
the minimum required balance.
ATM Details
Specify the following:
ATM
Enabling this check box indicates whether or not the accounts linked to the class will avail the
ATM facility.
Branch
Specify the branch at which the Islamic deposit customer is having the account.
Account Number
You can indicate the account number of the Islamic deposit customer. One customer can
have any number of accounts.
The structure of the account number is defined in the customer account mask maintained in
the Account Parameters sub-screen of the Branch-wide parameters screen. The account
number can be a combination of the account class, customer code (CIF Number), serial
number or currency as defined in the customer account mask.
The last constituent of the account number is always a system generated check digit (it could
be alphabetical or numeric depending upon the mask defined).
Note
You cannot alter the relative position of the constituents of customer account (as defined
in the mask) while maintaining actual customer accounts.
Daily Amount Limit
Specify the daily limit for the amount that can be withdrawn from the ATM.
Daily Count Limit
Specify the daily count for the amount that can be withdrawn from the ATM.
Cheque Book Preferences
In Oracle FLEXCUBE, you can set off automatic reordering of Cheque Books for a Islamic
account. You can set up parameters based on which the system will trigger this activity. The
Cheque Book preferences maintained for the Islamic Account Class, to which the account
belongs, will be defaulted to this screen. However, you may change your specifications for an
account, if required.
Auto Reorder of Cheque Book
You have to select this option to specify that automatic reordering of Cheque Books is
required for the account being maintained. This option will be enabled only if you have
indicated that the account holder should be provided with a Cheque Book facility.
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The automatic reordering of Cheque Books is processed at EOD by executing a batch
function. The following conditions should be satisfied for initiation of automatic reordering:

The ‘Auto Reorder of Cheque Book’ option is turned on at the account level

The number of unused check leaves for the account is less than or equal to the reorder
level maintained at the account level. The system will pick up the number of leaves to
be reordered from the field ‘Reorder Number of Leaves’ maintained for the account.
The numbering of cheque leaves for the new Cheque Book will depend on the ‘Cheque
Number Unique for Branch’ option in the ‘Bank Parameters’ screen. If this option is checked,
the numbering will begin from the Last Number + 1 of the Cheque Book that was delivered
last to any account. If you do not select this option, the number will start from the Last Number
+1 of the Cheque Book delivered to the same account previously.
The value of ‘Include for Cheque Book Printing’ and ‘Cheque Type’ (specifications defined in
the ‘Cheque Book Details’ screen) will be defaulted from the previous order of the Cheque
Book.
Reorder Cheque Level
Here, you have to indicate the level at which the reordering of Cheque Book should happen.
Automatic reordering will be set off by the system when the unused number of cheque leaves
becomes equal to or less than the re-order level that you maintain here. This field will be
enabled only if you have indicated that automatic reordering of Cheque Books is required, that
is, the ‘Auto Reorder of Cheque Book’ option is checked.
Reorder Number of Leaves
Specify the number of leaves that should be ordered for the new Cheque Book. This field will
be enabled only if you have checked the ‘Auto Reorder of Cheque Book’ option earlier.
Cheque Book Name 1
Specify the name used for opening savings account A1. This name will be printed on the
cheque book and will be used for all cheque transactions.
Cheque Book Name 2
Specify the name if you need to enter the name of the joint account holder on the cheque
book, if the customer account is joint operations account.
Max No of Cheque Rejection
The system defaults the value of maximum number of cheque rejections that can be allowed
for an account from the account class. However, you can modify it at the account level.
Initial Funding
Account Opening Amount
Specify the amount being deposited to open a customer account. While saving the record, the
system checks whether this amount is equal to or greater than the minimum limit maintained
for the linked account class. If the amount is less than the applicable limit, the system will
display an error message. If it is equal to or greater than the limit amount, the system will
proceed with saving.
Input to this field will be mandatory if limit amount has been maintained for the linked account
class.
Pay-in Option
Indicate the method for initial funding during account creation. Choose one of the following
options:

Pay In By Account
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
Pay In By GL
Escrow Transfer Details
Specify the following details.
Escrow Transfer Applicable
This box is checked by default if the customer account belongs to an account class for which
Escrow transfer is enabled.
Note
This box should be checked for Project/Trusted account(s) only.
Branch Code
Select the branch code in which the Escrow account has to be created from the adjoining
option-list.
Escrow Account
Select a valid account to be used as an Escrow account from the adjoining option-list. The list
displays all valid accounts based on the selected Escrow branch and the currency of the
project account.
Escrow Percentage
Specify the percentage of the credited amount, which has to be transferred to the Escrow
account.
Note
The Escrow percentage specified here will be same for all transactions and will not vary
for different credits like cash, cheque, draft etc.
Passbook Details
System displays the passbook details here.
Passbook Number
The system displays the passbook reference number. You cannot modify the value
Passbook Status
The system displays the current status of the passbook. You cannot modify the value
Note
Passbook details get populated once the passbook is issued for the customer account with
the latest status and latest passbook number issued.
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2.3.3
Nominee Tab
Click ‘Nominee’ tab in the ‘Islamic Customer Accounts Detailed’ screen. The fields in the
Nominee section are as follows:
Nominee Details
Name
Specify the name of the nominee.
Date of Birth
Specify the date of birth of the nominee.
Relationship
Specify the customer’s relationship with the nominee.
Address 1, 2, 3 and 4
Specify the address of address of the nominee. Four lines have been provided for this. Each
line can have a maximum of 35 characters, alphanumeric.
Minor
Check this option to indicate that the nominee is a minor.
Guardian Name
Specify the name of the guardian of the nominee if the nominee is a minor. You can capture
the name of the legal guardian, not exceeding 35 characters, alphanumeric.
Relationship
Specify the nominee’s relationship with the guardian.
Address 1, 2, 3 and 4
Specify the address of address of the guardian. Four lines have been provided for this. Each
line can have a maximum of 35 characters, alphanumeric.
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2.3.4
Check List Tab
Click ‘Check List’ tab on the ‘Islamic Customer Accounts Detailed’ screen. The following
screen will be displayed.
Specify the following details:
Document Type
Specify the document type. The adjoining option list displays all the document types that are
maintained in the system. You can select the appropriate one.
Mandatory
Check this box to indicate that the document specified here is mandatory.
Expiry Date
Specify the expiry date of the document provided by the customer.
Note
–
Expiry date will always be greater than ‘Expected Date of Submission’ and ‘Actual
Submission Date’.
–
Expected Date of Submission will always be greater than current date.
Expected Date of Submission
System displays the expected date on which the customer is accepted to submit the required
documents.
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Actual Submission Date
System displays the actual date on which the customer has submitted the required
documents.
Document Reference
System defaults the document reference here.
Checked
Check this box to indicate that the received documents are acknowledged.
Note
You cannot save and authorize an account if the mandatory documents are not confirmed
as ‘Checked’.
Upload
Click on this button to upload the selected document type.
Delete
Click on this button to delete the selected document.
View
Click on this button to view the selected document.
Notification Details
System defaults notification details from the ‘Account Class Maintenance’ screen.
Send Notification
This check box indicates whether to send notifications or reminders for not submitting the
mandatory documents.
Frequency (Notification)
System defaults the frequency of notification to be sent. The frequency can be one of the
following:

Daily

Weekly

Monthly

Quarterly

Half yearly

Yearly
Note
Notification will be sent only if,
–
The check box ‘Send Notification’ is checked in Account Class Maintenance’
screen.
–
The account status is active and authorized.
–
The mandatory documents are not submitted.
Notifications will be sent based on the frequency specified.
First notification will be sent on the expected date of submission or expiry date
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If notification date falls on a holiday then system will send the notification on next working
day.
Days (Reminder)
System defaults the number of days left for the expiry or submission due date of the
documents for sending the reminder.
System will send the following reminders:

Reminder prior to the submission due date of the document.

Reminder prior to the expiry date of the document.

Overdue notifications after the due date if the document is not submitted based on the
frequency.

Notifications after the expiry date if the document is not submitted after the expiry date.
Note
Reminder will be sent only if,
–
The mandatory documents are not submitted.
–
The account status is active and authorized.
Reminder will be sent only once.
If reminder date falls on a holiday then system will send the notification on next working
day.
Reminder will be sent prior the number of days specified at the account level from expected date of submission or the expiry date.
If there are more than one notifications or reminders of the same message type for which
the notification schedule date falls on the same day for the same account, a single notification will be sent which will have the details of all the related documents.
Remarks 1 to 10
Specify the additional information, if required.
2.3.5
Capturing Additional Details
You can capture additional details for the Islamic Customer Accounts by clicking the following
buttons in the ‘Islamic Customer Accounts Maintenance’ screen:
Button
Function
Profit
This invokes the ‘IP Special Conditions Maintenance’
screen.
Charges
This invokes the ‘Account level Charges Condition’ screen.
Consolidated
Charges
This invokes the ‘Account level Consolidated Charges
Condition’ screen.
BIC
This invokes the ‘Authorised SWIFT BICs for Customer
Account’ screen.
Deposits
This invokes the ‘Deposits’ screen.
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Instructions
This invokes the ‘Account Operating Instructions Maintenance’ screen.
Standing Instructions
This invokes the ‘Instruction Diary Summary’ screen.
Linked Entities
This invokes the ‘Linked Entities’ screen.
REG
This invokes the ‘REG Details’ screen.
Account Status
This invokes the ‘Status Details’ screen.
Restrictions
This invokes the ‘Products and Transaction Codes Restriction’ screen.
Currency Limits
This invokes the ‘Currency Limits Details’ screen.
MIS
This invokes the ‘Management Information System’
screen.
Statement
This invokes the ‘Statement Details’ screen.
Limits
This invokes the ‘Account – Limits’ screen.
Joint Holders
This invokes the ‘Joint Holders’ screen.
Fields
This invokes the ‘User Defined Fields’ screen.
Deposit Instruction
This invokes the ‘Deposits Instruction’ screen.
Billing Parameters
This invokes the ‘Billing Parameters’ screen.
Account Signatory
This invokes the ‘Signatory Details’ screen.
Interim Transactions Report
This invokes the ‘Interim Transactions Report’ screen.
Notice
This invokes the ‘Notice Preference’ screen.
Cards
This invokes the ‘Cards Summary screen’ screen.
OFAC Check
This invokes the ‘External System Details’ screen.
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Change Log
2.3.6
This invokes the ‘View’ screen.
Specifying Profit Details
You can capture details of special condition for the account, using the ‘IP Special conditions
Maintenance’ screen. To invoke this screen, click the ‘Profit’ button in the ‘Islamic Customer
Accounts Detailed’ screen.
The following details are captured here:
Branch Code
The current branch code is defaulted here.
Calculation Account
Select the valid customer account number for calculation from the adjoining option list.
Profit Booking Account
Select the valid customer account number from the adjoining option list.
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Charge Booking Account
Select the valid customer account number for booking the charge from the adjoining option
list.
Profit Statement
Check this box to generate the profit statement.
Consolidated Charge Account
Select the valid account number from the adjoining option list.
Profit Start Date
Select to indicate the effective date to generate profit from the adjoining calendar.
Charge Start Date
Specify to indicate the effective date to generate charges from the adjoining calendar.
Profit Booking Branch
Select to indicate valid Branch for calculating the profit from the adjoining option list.
Cr Advices
Check this box to generate credit related advices.
Charge Booking Branch
Select to indicate the valid Branch from the option list, for calculating the charge.
Consolidated charge branch
Select the valid branch from the adjoining option list.
Product Details
You can specify product details for your account here.
Product Code
Select the valid product code from the adjoining option list. The option list displays the
products maintained at ‘Islamic Profit Distribution Maintenance Detail’ level.
UDE Currency
The system generates the user defined currency type maintained at ‘Profit Product
Preference’ level.
Integrated LM Product
Select this option to indicate that Integrated Liquidity Management is applicable to the
customer.
IL Product Type
Specify the IL product type.
Waive Profit
Check this box if you need to waive of profit or charges defined for the selected profit product
at the Profit Product Preference level.
Generate UDE Change Advice
Check this box if you need to generate advice for user defined changes for the account.
Open
Check this box if you need to apply the selected profit product for the account.
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UDE Values
Variance
Specify the variance in the profit rate. This is the variance alone. The effective rate will be the
sum of the IC rate code and the variance that you specify here. This value can be modified at
anytime.
2.3.7
Specifying Charges Details
You can capture details of charges for the account, using the ‘Account level charges
conditions’ screen. To invoke this screen, click the ‘Charge’ button in the ‘Islamic Customer
Accounts Detailed’ screen.
You can enter the following details:
Branch
The Branch Code to which the account belongs (for which you are defining special conditions)
is displayed in this field.
Account
The Account number of customer (for which you are defining special conditions) is displayed
in this field.
Note
You can click the ‘Default’ button to default the Charge Products and the corresponding
details applicable for the account. You can then modify these values to define the special
conditions.
Specifying Product Details
Specify the following details:
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Product
The system defaults a product when you click the ‘Default’ button at the time of account
creation. You must modify it to identify the Charge product using which the applicable charges
would be collected.
Currency
The charges would be collected in the currency defined for the selected charge product, and
this currency is displayed on the screen.
Minimum and Maximum
You must indicate the charge amount range, representing the minimum and maximum charge
that can be applied for the account.
Free Items
You must indicate the number of free items for which the customer will not be charged.
Open
By default, each charge consolidation charge set-up that you set up is enabled and
active. You can also disable the set-up by checking the ‘Open’ box. If the account is marked
for closure, you will have to uncheck this box.
Waive Charges
You can choose to waive charges for an account.
2.3.8
Specifying Consolidated Charges Details
Consolidated Charges are maintained through the ‘Account level Consolidated Charges
Condition’ screen. Click the ‘Consolidated Charges’ button in the ‘Islamic Customer Accounts
Detailed’ screen to invoke this screen.
Account Details
You can maintain the account details for an account here.
Branch Code
The current branch code is defaulted here.
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Account
The system generates the account number maintained in the ‘Main’ screen of ‘Account Class
Transfer’.
Product Details
You can specify product details for your account here.
Product Code
Select a valid product code from the adjoining option list.
Currency
The system generates the user defined currency type defined for the selected consolidated
charges product.
Minimum
Specify the minimum consolidated charges that can be applied for the account.
Maximum
Specify the maximum consolidated charges that can be applied for the account.
Open
Check this box if you need to apply the selected consolidated charges product for the account.
Waive Charges
Check this box if you need to waive the consolidated charges defined for the selected
consolidated charges product.
Discount
You can specify discount details for the consolidated charges applied for the account.
Discount Percentage
Specify percentage of the amount to be discounted from the computed consolidated charges.
Discount Amount
Specify a flat amount to be discounted from the computed consolidated charges.
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2.3.9
Specifying BIC Details
You can capture details of all SWIFT BICs are maintained through the ‘Authorised SWIFT
BICs for Customer Account’ screen. Click the ‘BIC’ button in the ‘Islamic Customer Accounts
Detailed’ screen to invoke this screen.
You can enter the following details in this screen:
Account Number
The system defaults the account number of the customer in this field.
BIC Code
Specify the BIC here. You can choose any valid BIC maintained in the ‘BIC Code
Maintenance’ screen.
Description
The system displays the description for the corresponding BIC that you have specified.
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2.3.10
Specifying Deposits Details
Click the ‘Deposit’ button in the ‘Islamic Customer Accounts Detailed’ screen to invoke
‘Deposits’ screen, for additional information relating to the handling of the deposit, The
‘Deposits’ screen will be displayed.
You can enter the following details in this screen:
Auto Deposit Balance
This indicates the amount that got auto deposited into the account
Sweep Type
The drop-down list shows the following values:

-1 - No sweep

0 - Default from A/c

1 - Sweep if instructed
Master Account No
Specify the master account number for the deposit account simulated.
Rate
Select the rate to be applied for the conversion. The options available are Buy rate, Mid Rate
or the Sell Rate.
2.3.11
Specifying Instructions Details
You can maintain Account Operating Instructions for a branch and customer account
combination. The operating instructions are different from the standing instructions and
merely indicate the instructions to be borne in mind when operating a customer account.
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The instructions are maintained through the ‘Islamic Customer Accounts Detailed’ screen
invoked by clicking the ‘Instructions’ button.
You can enter the following details in this screen:
Date of Last Maintenance
The current system date is also displayed
Instructions
Specify the instructions to be borne in mind when operating a customer account
Conditions
At the time of maintaining an instruction, you can also specify a condition for displaying the
instructions when transactions pertaining to this account are being processed. The instruction
will be displayed to you when the condition is satisfied.
The sign-on branch code is defaulted when you maintain a new instruction. The current
system date is also displayed. You can select the customer account for which you want to
maintain an operating instruction, from the available option-list.
On selection of the account, the description gets displayed in the adjacent field.
At the time of maintaining an instruction, you can also specify a condition for displaying the
instructions when transactions pertaining to this account are being processed. The instruction
will be displayed to you when the condition is satisfied.
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2.3.12
Specifying Standing Instructions Details
Instruction summary are maintained through the ‘Instruction Diary Summary’ screen. Click the
‘Standing Instructions’ button in the ‘Islamic Customer Accounts Detailed’ screen to invoke
this screen.
Here you can view the following details:
2.3.13

Authorization status

Record status

Instruction number

Unit type

Unit value

Branch code

Instruction

Instruction type
Specifying Linked Entities Details
A customer of your bank can have relationships with any other customer of your bank. Also,
a customer of your bank could be a joint account holder with another customer of your bank.
You can capture these details when you set up the CIF or customer account.
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For linking a customer account you need to specify details of the relationship for the account.
Click the ‘Linked Entities’ button in the ‘Islamic Customer Accounts Detailed’ screen. The
‘Linked Entities’ screen will be displayed.
You can enter the following details in this screen:
Customer
Select the customer from the option list with whom you want to establish the relationship with
the customer account that you are maintaining.
Description
In this field, the system displays the name of customer that you have selected in the previous
field. You cannot change the description.
Relationship
You have to choose a relationship code to establish a relationship between the customer
being selected and the customer account you are maintaining.
By default, the system will select the customer of the account as the Primary Holder. This is
a pre-shipped relationship and you will not be allowed to change the relationship.
2.3.14
Specifying REG Details
For a customer account, you can indicate whether check deposits to the account must be
considered for Reg CC availability. You can indicate this in the Reg Details screen, which you
can invoke by clicking the ‘REG’ button in the ‘Islamic Customer Accounts Detailed’ screen
A customer account using an account class for which Regulation D limits are applicable,
inherits the applicability of Regulation D limits. However, you can make changes to the details,
if necessary.
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In the ‘Islamic Customer Accounts Detailed’ screen, click the ‘REG’ button to invoke the ‘Reg
Details’ screen, where you can specify the Regulation D applicability details.
You can enter the following details in this screen:
Reg D Applicable
Indicate whether the Regulation D limits are applicable for the account
Periodicity
If you indicate the periodicity of Regulation D applicability as ‘Statement Cycle’, the restricted
transactions would be counted over the primary statement cycle defined for the customer
account.
Reg CC Availability
Check this box if the check deposits into this account should be considered for Regulation CC
aggregation.
Indicating Reg D Period Details
Start Date
The start date for Regulation D applicability is first set to be the date on which you mark the
availability option in this screen. Subsequent to the first period, the EOD process would
update the start date according to the periodicity defined.
End Date
Subsequent to the first period, the EOD process would update the end date according to the
periodicity defined.
You can define whether the Regulation D limits are applicable for the account, and the period
over which the limits would be applicable. If you indicate the periodicity of Regulation D
applicability as ‘Statement Cycle’, the restricted transactions would be counted over the
primary statement cycle defined for the customer account.
The start date for Regulation D applicability is first set to be the date on which you mark the
availability flag in this screen. Subsequent to the first period, the EOD process would update
the start and end dates according to the periodicity defined.
If you indicate the periodicity of Regulation D applicability as ‘Statement Cycle’, the restricted
transactions would be counted over the primary statement cycle defined for the customer
account.
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2.3.15
Specifying Account Status Details
If you do not want the Islamic account class details to be propagated to the account as well,
you have the option of maintaining the status codes and the reporting lines exclusively for an
account. You can achieve this through the ‘Status Details’ screen. Click the ‘Account Status’
button in the ‘Islamic Customer Accounts Detailed’ screen to invoke it.
The details maintained for the Islamic account class will be displayed in this screen. However,
you are allowed to make amendments to the defaulted values.
Here you can capture the following details:
Branch Code
The system defaults the code of the current branch.
Account
The system defaults the account number from the main screen.
Status
You can select the different status codes applicable to the account class, in this field. Use the
Add icon to define each status and the attributes for the same. You can use the navigation
icons to move from one status to the other.
On selection of the status, the associated description will be displayed alongside.
Specifying Reporting Line
Debit and Credit GL Line
Select the debit GL account, to which all debit balances within a specific account class will
report to, when it moves to the status being defined. You can identify the debit GL from the
list of existing GLs. Likewise, all credits within a particular account class will report to the GL
account that you have identified to track credits.
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Central Bank Line
Debit
Specify the Central Bank line to which this account will report to, if it is in debit. This line is
maintained in the ‘Reporting Lines Maintenance’ screen.
Credit
Specify the Central Bank line to which this account will report to, if it is in credit. This central
bank line is maintained in the ‘Reporting Lines Maintenance’ screen.
Head Office Line
Debit
Specify the Debit Head Office GL to which the account will report, if they are in a debit.
Credit
Specify the Credit Head Office GL to which this account will report, if it is running in credit.
2.3.16
Specifying Restrictions Details
You can place restrictions on transactions involving customer accounts both at a transaction
code level as well as at a product level. In other words, you can decide whether you would
like to use the accounts for processing:

Debit transactions

Credit transactions

Both
The restrictions maintained for the account class will default to all the accounts that are linked
to the account class. At the individual account level, however, you can apply special
conditions by changing the restrictions.
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To maintain the restrictions, click the ‘Restriction’ button in the ‘Islamic Customer Accounts
Detailed ’ screen. The ‘Products and Transaction Codes Restriction’ screen will be displayed.
Specifying Product Restriction
Special Condition
By default, the restrictions maintained at the account class level will be displayed here. When
you define transaction code or product restriction attributes for an account itself, rather than
for the account class to which it belongs, it is referred to as a Special Condition. You can apply
special conditions by selecting the option ‘Special Condition Applicable’ at the account level.
If you opt to define special conditions for an account the ‘restrictions’ defined for the Account
Class, to which the account belongs, will NOT apply to this account. If you wish to continue
with the account class restrictions, opt for ‘Special Condition Not Applicable’.
Restriction Type
Specify the restriction type here. The options available are:

Allowed – If you select this, the products entered in the multi entry block will be allowed
for that customer account

Disallowed – If you select this option, the products entered in the multi entry block will
be disallowed
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Product Code
You can select the products and specify the type of transaction (Dr, Cr or both) that you would
like to allow/disallow for each product. In contracts involving the selected products, the
accounts would be used for processing the selected type of transaction. For instance, assume
that for the account A1, you have allowed ‘Dr’ for the product ABCD. This would mean that if
a Dr entry for the product ABCD is passed to the account, A1, it would go through but in case
a Cr entry is passed for this product, then the system will display a message indicating that
the transaction is restricted for the account.
Description
The system displays the description for the product code that which you have specified.
Dr
During transaction processing, the system will validate whether any restrictions are placed on
the account based on either product and/or transaction code. If you have indicated to allow
Dr Transactions for the product ABCD, and attempt to post a credit entry, the system will seek
an override. You can continue the transaction, despite the restrictions, by providing
appropriate reasons for the same.
During maintenance or online operations, in the respective contract screens for the restricted
transactions, when you specify the customer account, the system checks whether the account
is restricted for the product that has been selected, or the debit/credit transaction type. If so,
an override is sought when such contracts are saved.
Cr
During transaction processing, the system will validate whether any restrictions are placed on
the account based on either product and/or transaction code. If you have indicated to allow
Dr transactions for the product ABCD, and attempt to post a credit entry, the system will seek
an override. You can continue the transaction, despite the restrictions, by providing
appropriate reasons for the same.
During maintenance or online operations, in the respective contract screens for the restricted
transactions, when you specify the customer account, the system checks whether the account
is restricted for the product that has been selected, or the debit/credit transaction type. If so,
an override is sought when such contracts are saved.
Specifying Transaction Restriction
Special Condition
By default, the restrictions maintained at the account class level will be displayed here. When
you define transaction code or product restriction attributes for an account itself, rather than
for the account class to which it belongs, it is referred to as a Special Condition. You can apply
special conditions by selecting the option ‘Special Condition Applicable’ at the account level.
If you opt to define special conditions for an account the ‘restrictions’ defined for the Account
Class, to which the account belongs, will NOT apply to this account. If you wish to continue
with the account class restrictions, opt for ‘Special Condition Not Applicable’.
Restriction Type
Specify the restriction type here. The options available are:

Allowed – If you select this, the products entered in the multi entry block will be allowed
for that customer account

Disallowed – If you select this option, the products entered in the multi entry block will
be disallowed
Transaction Code
Likewise, you can maintain restrictions for transaction codes as well.
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Description
The system displays the description for the transaction code that you have specified.
Dr
During transaction processing, the system will validate whether any restrictions are placed on
the account based on either product and/or transaction code. If you have indicated to allow
debit transactions for the product ABCD, and attempt to post a credit entry, the system will
seek an override. You can continue the transaction, despite the restrictions, by providing
appropriate reasons for the same.
During maintenance or online operations, in the respective contract screens for the restricted
transactions, when you specify the customer account, the system checks whether the account
is restricted for the product that has been selected, or the debit/credit transaction type. If so,
an override is sought when such contracts are saved.
Cr
During transaction processing, the system will validate whether any restrictions are placed on
the account based on either product and/or transaction code. If you have indicated to allow
debit transactions for the product ABCD, and attempt to post a credit entry, the system will
seek an override. You can continue the transaction, despite the restrictions, by providing
appropriate reasons for the same.
During maintenance or online operations, in the respective contract screens for the restricted
transactions, when you specify the customer account, the system checks whether the account
is restricted for the product that has been selected, or the debit/credit transaction type. If so,
an override is sought when such contracts are saved.
2.3.17
Specifying Currency Limits Details
Currency limits are maintained through the ‘Currency Limits Details’ screen. Click the
‘Currency Limits’ button in the ‘Islamic Customer Accounts Detailed’ screen to invoke this
screen.
In this screen, you can enter the following details:
Account Number
The system displays the customer account for which PC limits are being maintained.
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Currency
Specify the currency in which the auto exchange limits should be maintained. The adjoining
option list displays the currency codes maintained in the system. You can choose the
appropriate one.
Cr Lmt Amt
Specify the credit limit amount in the chosen currency.
Dr Lmt Amt
Specify the debit limit amount in the chosen currency.
2.3.18
Specifying MIS Details
To invoke the ‘Management Information System’ screen for an account, click the ‘MIS’ button
in the ‘Islamic Customer Accounts Detailed’ screen, while opening/modifying the account. The
entities defined for the customer will be picked up by default and these entities can be
changed.
For an account, the transaction type of MIS class will be picked up from the account class,
along with the cost codes and pool codes. The composite type of MIS class will be defaulted
from those defined for the customer. These too can be changed.
Branch
The current logged-in branch code is displayed here
MIS Group
For an account, the transaction type of MIS class will be picked up from the account class
Rate Code
Specify the rate code. Select the appropriate one from the adjoining option list, which displays
all valid rate codes maintained in the system
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Link to Group
If an MIS Group is linked, you can indicate whether the linkage with the group should always
be maintained. If yes, any change to the MIS Group will automatically apply to the customer
to whom the MIS Group is linked. If not, the entities defaulted for the customer will continue,
even if they are changed subsequently for the group.
Rate type
If you have indicated that rates maintained for the individual account should be picked up for
MIS refinancing you have to specify the Rate Type that is to be used. The options available
are:

Fixed

Floating – Automatic – indicating that the system should pick up the refinancing rate
associated with the account. Since the account number is linked to a Rate Code the
system picks up the rate code associated with the account when the EOD processes
are run to refresh the various rates.
Select the appropriate.
Pool Code/Account Level
The Pool Code/Account Level to which the account class or product belongs should be
defined.
Pool Code
For an account, the pool code will be picked up from the account class.
Transaction MIS Group
For an account, the transaction type of MIS class will be picked up from the account class.
Composite MIS Group
The composite type of MIS class will be defaulted from those defined for the customer.
Cost Code
For an account, the cost codes will be picked up from the account class.
2.3.19
Specifying Change Log Details
To invoke the ‘Change Log’ screen for an account, click the ‘Change Log’ button in the ‘Islamic
‘Management Information System’ screen.
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Branch Code
The current logged-in branch code is displayed here.
Account
The current logged-in account number is displayed here.
Specifying Transfer Log Details
To invoke the ‘ Log’ screen for an account, click the ‘Change Log’ button in the ‘Islamic
‘Management Information System’ screen.
Here you can capture the following details:
Account Number
This is the account number of the deposit. If you specify an account that is disallowed for your
user id and move to the next field the system will throw up an error/override. The restricted
accounts for users ids are maintained in the ‘User Account Class Restrictions’ screen. The
system will perform this validation for default settlement pick up also.
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2.3.20
Specifying Cheque Book Request Details
Click on the ‘Cheque Book Request’ button in the ‘Islamic Customer Accounts Maintenance’
screen to invoke the Cheque Book Request screen.
You will be able to invoke this screen, only if you have checked the ‘Auto Cheque Book
Request’ check box in the ‘Islamic Customer Accounts Maintenance’ screen.
Branch
The branch detail gets defaulted from the account branch.
Account
The system displays the account number.
First Check Number
Specify the number of the first cheque leaf of the cheque book.
Check Leaves
Specify the number of cheque leaves in the cheque book.
Cheque Book Type
Specify the cheque book type. The adjoining option list displays the cheque types maintained
in the system. You can choose the appropriate one.
Order Date
The order date gets defaulted as the current date. However you can change the same.
Order Details
Specify the order details.
Language Code
Specify the code of the language. The adjoining option list displays all valid language codes
maintained in the system. You can choose the appropriate one.
Request Status
The value of this will be defaulted to ‘Requested’ status.
Click on ‘Ok’ to save the cheque book request details.
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2.3.21
Specifying Card Request Details
Click on the ‘Card Request’ button in the ‘Islamic Customer Accounts Maintenance’ screen to
invoke the Debit Card Request Details screen.
You will be able to invoke this screen, only if you have checked the ‘Auto Debit Card Request’
check box in the ‘Islamic Customer Accounts Maintenance’ screen.
Branch Code
The branch detail gets defaulted from the account branch.
Request Reference Number
The reference number of the request is auto generated and populated, when you click on the
‘Default’ button.
Customer No
The customer number of the account gets defaulted.
Account No
The account number gets defaulted from account details.
Card Products
Specify the card products. The adjoining option list displays the card products maintained in
the system. You can select the appropriate ones.
Card Bin
Specify the card bin. The adjoining list displays the card bins maintained for the specified card
product. You can choose the appropriate one.
Name on Card
Specify the customer name that is to be printed on card.
Card Number
Specify the debit card number to be requested. The adjoining option list displays the valid
debit card numbers maintained in the system. You can choose the appropriate one.
Card Application Date
The card application date would be defaulted as the current date of the branch. However you
can change the same.
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Primary Card
The primary card check box remains checked by default.
Card Status
The status of the card will be defaulted to ‘Requested’
Click on ‘Ok’ to save the Debit card request details.
2.3.22
Specifying Linked Deposit Details
You can maintain the linked deposit details in the Mudarabah Sweep details screen. Click on
the Deposit Linkage button in the Islamic customer Account Details screen to invoke this
screen.
Branch Code
The system defaults the customer account branch code from the Islamic customer accounts
detailed screen.
Account Number
The system defaults the account number from the Islamic customer accounts detailed screen.
Linkage Details
Order of Linkage
Specify the order in which the deposit account is considered for sweep.
TD Account
Select the linked TD account from the adjoining option list.
Deposit Account
Select the deposit account from the adjoining option list.
TD Maturity Date
The system displays the maturity date of the linked deposit.
Original Deposit Amount
The system defaults the deposit amount at the time of linkage.
Linkage Percentage
Specify the percentage of amount to be linked. Linked percentage can be modified if the
utilization amount is zero.
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Linked Amount
The system displays the total of the linked amount.
Available Amount
The system displays the current available amount in the deposit for sweep.
Utilized Amount
The amount utilized for sweep is displayed here.
When the Account Currency Available Balance becomes negative then the linked deposit is
in the same order as linked in account screen.
Note
If Mudarabah deposit closure happens on the day of maturity then:
–
The deposit account will be liquidated with the existing balance in the deposit even
if there is some utilized amount in the deposit. This happens during ICEOD batch
processing of the BOD stage.
–
Linkage to the CASA account will not exist.
If Mudarabah deposit rollover happens on the day of maturity day then:
–
There will be a rollover of the TD account as part of ICEOD.
–
Linkage details will remain the same.
If linked deposit details are given for an account without checking Mudarabah Sweep in the
Islamic Customer Account screen, then the system displays the error message as, “Linked
deposit details can be given only if the flag 'Mudrabah sweep' is checked.”
If the deposit is already linked to some other CASA, then the available amount for utilization
is less than the TD booking amount. In this case if the linked amount is not available in the
deposit account, then the system displays an error message: as, “Creation of amount block
failed since the available amount, <available amount in deposit > , is less than the linked
amount, <linked amount >, in the deposit, <deposit account “
2.3.23
Specifying Statement Details
Preferences regarding the type of account statement - detailed or summary or none at all, as
well as the statement frequency, including whether multiple statements are to be generated,
are specified for the account class in the Islamic Account Class screen. These details are
applicable to all accounts linked to the account class. While maintaining customer account
details in the ‘Islamic Customer Accounts Detailed’ screen, these details are defaulted.
For a particular customer account, you may redefine the default specification. The details
specified at the account level will supersede those specified for the account class. To specify
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account level details, click the ‘Statement’ button. The statement details table will be
displayed.
Account Number
The system displays the account number for which you are setting the statement details
Primary A/c Statement
This refers to the type of statement to be generated periodically by the system, for this
account. You can specify whether you want a detailed or summary statement or if you do not
want a statement for this account at all.
Cycle
You can specify the frequency for generating the account statements. To specify the
frequency of the statements, click on the adjoining drop-down list. The following list is
displayed:

Annual

Semi-annual

Quarterly

Monthly

Fortnightly

Weekly

Daily
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On
For a weekly statement you specify the day of the week on which account statements should
be generated and for fortnightly and monthly statements the dates of the month. To specify
for weekly statements, click on the adjoining drop-down list. The following list of days will be
displayed:

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday
To specify for monthly statements enter a number between 1 and 31 (corresponding to the
system date)
If you set the statement date to 30, then account statements will be generated on:

The last working day for months with < 30 days

For months with 30 days on the 30th; if 30th is a holiday on the next working day
If you set the statement date to 31, then account statements will be generated on:

The 31st for month with 31 days; if 31st is a holiday on the next working day

The last working day for months < 31 days
For a fortnightly statement you could specify 1 and 15
For all other cycles, account statement will be generated on the last day of that cycle
Generate Stat. Only On Movement
You can indicate that an account statement should be generated for the customer’s account
only when there has been a movement of funds into the account or when funds have been
transferred out of the account.
For instance, let us assume that on the August 21, 2001, you have set the account statement
generation frequency as Daily for the account LI020804. On the September 5, 2001, there has
been no movement of funds in the particular account. If you have opted for the Generate Only
on Movement option, the system will not generate a statement message for September 5,
2001.
If you choose not to enable this option, account statements will be generated regardless of
whether there has been a movement of funds or not.
Display IBAN in Advices
If you would like to print the IBAN number of the customer on advices sent to the customer,
you can enable the Display IBAN in Advices option by checking it. This specification will be
defaulted from the account class linked to the customer account. You will be allowed to
change it for a specific account.
You can choose to print the IBAN Number in advices that are sent to the customer by enabling
the check box positioned next to the Display IBAN on Advices field. If the Display IBAN on
Advices check box is disabled, you can enable this option by checking the box. Consequently,
the IBAN Account Number will be printed on all customer correspondence (Debit/Credit
advices) involving the particular account.
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Because of choosing to print IBAN numbers in the correspondence sent to the customer, the
Oracle FLEXCUBE account number will be replaced by the IBAN number. The lists of SWIFT
messages that will include IBAN account numbers are as follows:

MT940 – Customer Statement Message

MT950 – Statement Message

MT900 – Confirmation of debit

MT910 – Confirmation of Credit
Note
While processing incoming payments, the system checks to see whether the account involved is an IBAN account. If the account is an IBAN account, it will be processed with the
corresponding Oracle FLEXCUBE account number.
Secondary A/c Statement
This refers to the type of statement to be generated periodically by the system, for this
account. You can specify whether you want a detailed or summary statement or if you do not
want a statement for this account at all.
Cycle
You can specify the frequency for generating the account statements. To specify the
frequency of the statements, click on the adjoining drop-down list. The following list is
displayed:

Annual

Semi-annual

Quarterly

Monthly

Fortnightly

Weekly

Daily
On
For a weekly statement you specify the day of the week on which account statements should
be generated and for fortnightly and monthly statements the dates of the month. To specify
for weekly statements, click on the adjoining drop-down list. The following list of days will be
displayed:

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday
To specify for monthly statements enter a number between 1 and 31 (corresponding to the
system date).
If you set the statement date to 30, then account statements will be generated on:

The last working day for months with < 30 days

For months with 30 days on the 30th; if 30th is a holiday on the next working day
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If you set the statement date to 31, then account statements will be generated on:

The 31st for month with 31 days; if 31st is a holiday on the next working day

The last working day for months < 31 days
For a fortnightly statement, you could specify 1 and 15
For all other cycles, account statement will be generated on the last day of that cycle
Generate Stat. Only On Movement
You can indicate that an account statement should be generated for the customer’s account
only when there has been a movement of funds into the account or when funds have been
transferred out of the account.
For instance, let us assume that on the August 21, 2001, you have set the account statement
generation frequency as Daily for the account LI020804. On September 5, 2001, there has
been no movement of funds in the particular account. If you have opted for the Generate Only
on Movement option, the system will not generate a statement message for September 5,
2001.
If you choose not to enable this option, account statements will be generated regardless of
whether there has been a movement of funds or not.
Tertiary A/c Statement
This refers to the type of statement to be generated periodically by the system, for this
account. You can specify whether you want a detailed or summary statement or if you do not
want a statement for this account at all.
Cycle
You can specify the frequency for generating the account statements. To specify the
frequency of the statements, click on the adjoining drop-down list. The following list is
displayed:

Annual

Semi-annual

Quarterly

Monthly

Fortnightly

Weekly

Daily
On
For a weekly statement you specify the day of the week on which account statements should
be generated and for fortnightly and monthly statements the dates of the month. To specify
for weekly statements, click on the adjoining drop-down list. The following list of days will be
displayed:

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday
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To specify for monthly statements enter a number between 1 and 31 (corresponding to the
system date).
If you set the statement date to 30, then account statements will be generated on:

The last working day for months with < 30 days

For months with 30 days on the 30th; if 30th is a holiday on the next working day
If you set the statement date to 31, then account statements will be generated on:

The 31st for month with 31 days; if 31st is a holiday on the next working day

The last working day for months < 31 days
For a fortnightly statement, you could specify 1 and 15
For all other cycles, account statement will be generated on the last day of that cycle
Generate Stat. Only On Movement
You can indicate that an account statement should be generated for the customer’s account
only when there has been a movement of funds into the account or when funds have been
transferred out of the account.
For instance, let us assume that on the August 21, 2001, you have set the account statement
generation frequency as Daily for the account LI020804. On September 5, 2001, there has
been no movement of funds in the particular account. If you have opted for the Generate Only
on Movement option the system will not generate a statement message for September 5,
2001.
If you choose not to enable this option, account statements will be generated regardless of
whether there has been a movement of funds or not.
Exclude Same Day Reversal trns from Stmt
If you do not wish transactions booked and reversed on the same day to be reflected in the
account statement, you can specify the preference here. This feature is applicable only for the
customer account legs and not for the related GL legs. Also, reversals made through the DE
module will not be considered for exclusion.
This specification is defaulted from the account class linked to the account. You can change
it for a specific account.
Statement Account
A customer may have two or more accounts with your bank but may desire to receive a single
consolidated account statement.
Oracle FLEXCUBE allows you to link accounts. For the particular account whose statement
preferences you are defining you can indicate the parent account to which the account should
be linked for statement generation purposes.
The statement account is applicable for all type of account statements (Primary, Secondary
and Tertiary). If the statement account has been specified, you cannot enter other statement
details.
If the statement account is not specified for a particular account then the account can be a
statement account for other accounts. If statement accounts have been maintained, during
EOD, the account statement will not be individually generated for the child accounts. Instead
a consolidated account statement would be generated based on the frequency specified for
the parent account.
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While closing a parent account, a message will be shown requesting removal of the parentchild account linkage.
Note
Even while generating ad-hoc statements you can indicate whether linked account details
should be displayed in the generated report.
2.3.24
Specifying Limits Details
A bank lends overdraft credit facility to both its corporate and individual customers. For a
corporate customer a bank defines a credit line based limit. For an individual customer the
bank gives an account based overdraft limit. In the Oracle FLEXCUBE system, an accountbased limit can co-exist with the credit-based limit.
For a credit line based limit, one customer is designated as a liability customer who is
assigned a credit limit. Other customers are designated as subsidiaries of his liability limit.
Thus these subsidiary customers are linked to a main credit line of the liability customer.
There can be several such liability customers to whom a few subsidiary customers are linked.
A credit line has three basic levels of limits.

Overall limit -- this is the maximum credit exposure that a bank is willing to take for a
liability group.

Main Line Limit -- this is typically an overall limit for a product. It can be used to subdivide the overall limit by other criteria, such as, customer, industry, region and so on.

Sub Line limit -- this is used to allocate the main line credit limit to specifics. For
example, finances into short term long term finances.
Also, the same customer may have different overdraft limit for different accounts. This credit
is always granted for a specified time period and therefore referred to as temporary.
To specify the credit line details, click the ‘Limits’ button and invoke the ‘Account – Limits’
screen will be displayed. The Limit currency specified in the ‘Islamic Customer Accounts
Maintenance’ screen is displayed. Limit currency refers to the currency in which the bank
wants to give credit facility to this account.
Note
This button appears enabled only if the function Id LMTACRES has been added to your
User Role’. You will then be able to View/Modify/Add (Define) the details of limits main-
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tained at the Account Level. If this function ID has not been added to your User Role, this
button will appear disabled.
In this table, you can define the following attributes for a credit line.

Temporary Overdraft Limit

Sub-limit

The date from which this credit line is effective

The expiry date of this credit line

The credit line to which you want to link this customer

Uncollected Funds Limits

Credit Transaction Limits
Temp. OD Start
The start and end dates represent the dates from which the temporary overdraft limit becomes
effective upto the date on which it should ceases to be effective.
Temp. OD Start
The start and end dates represent the dates from which the temporary overdraft limit becomes
effective upto the date on which it should ceases to be effective.
Credit Line
You can indicate the credit line to which you would like to link the customer to. A list of all the
credit line codes maintained in the system will be displayed in the option list. You can select
the appropriate.
Netting Required
To process linked accounts, which are marked for referral, you will need to enable the Netting
Required option. This option is defaulted from the Credit Line associated with the customer
account. If you change the default option, the system displays an override message.
Temp. OD Limit
The temporary OD limit is the limit upto, which any overdraft is allowed, for a specified time
period, over and above the limit set for this account.
This limit is independent of any credit line linked to this account. This is mostly used for short
term overdrawing.
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Sublimit
The sub-limit represents that portion of the total credit amount that can be used by this
customer account. The sub-limit need be input only when the account is to be limited to a
portion of the available line amount.
While passing transactions to an account with a sub-limit the first credit check made is against
this sub-limit amount. If the sub-limit is crossed, you will be asked for an override.
Uncoll. Funds Limit
The uncollected funds limit represents the credit transaction amounts that have not been
collected as of the current day. You can set the limit upto which withdrawal is allowed against
uncollected funds.
The uncollected opening balance is reset with the current uncollected balance amount during
the EOD process. This amount is to be considered when calculating Central Limit availability.
Offline Limit
This is the limiting amount till which transactions will be carried out between account(s) for the
account class you are defining here, between branches when the database connectivity is not
functional.
Daylight Limit
The daylight limit is the limit up to which an overdraft is allowed for the business day. The
daylight limit will be added to temporary overdraft to calculate the available balance if EOD is
not in progress. Daylight limit is not considered during EOD.
Note
You can specify the daylight limit only if ‘Daylight Limit’ option is checked in linked ‘Account
Class - Preferences’ screen. By default, the system will display the value as zero. You can
however change it.
SOD Notification %
Specify the consolidated percentage utilization used for notification of the limit breach under
the SOD.
For more information on SOD Alert Generation, refer topic ‘Generating Alert for SOD
Utilization’ later in this chapter.
Cr Transaction Limit
The limit for credit transactions in the account currency. When a transaction exceeds this limit,
an override is displayed. The override requires a dual authorization to save the transaction.
Credit Start Date
This is the date from which this monitoring comes into effect. The check will be performed for
all entries to customer accounts with transaction (booking) date greater than or equal to the
start date.
Credit Rev Date
This is the date on which you would wish to revise this limit. The limit check will continue
irrespective of the date maintained here. The revision date must be greater than the start date
and can be left blank.
Specifying TOD Renewal Details
Renew TOD
Check this box if you want to renew TOD.
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Renew Frequency
Specify the renew frequency from the drop-down list. The available options are:

Days

Month
Renew Units
Specify the renew units.
The following validations need to be done for the frequency:

If ‘Renew Frequency’ chosen is ‘Days’ then ‘Renew Units’ cannot be greater than 366

If ‘Renew Frequency’ chosen is ‘Month’ then ‘Renew Units’ cannot be greater than 12
Next Renewal Limit
Specify the TOD amount that can be renewed in next cycle.
2.3.25
Specifying Joint Holders Details
For a joint account type of customer account you need to specify details of the other joint
holders of the account. Click the ‘Joint Holders’ button to display the joint account holder’s
screen.
Indicate the following details:
Account Number
The system displays the account number here
Customer Number
The system defaults the customer number based on the selected account number.
Branch Code
The system displays the branch code of the current branch
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List of Joint Holders
You can add the joint holder details in this section if the selected account type is ‘Joint’.
Maintain the following details:
Customer Number
Specify the customer Id for the joint holder. The adjoining option list displays the list of all valid
customer numbers. Select the appropriate one.
Customer Name
The system displays the customer name based on the selected customer number.
Joint Holder Type
Specify the type of authority. Select the appropriate one from the drop-down menu. The
options are:

Authorized Signatory

Customer Contact Person

Guardian

Custodian

Developer

Guarantor

Joint and First

Joint and Other

Joint or First

Joint or Other

Nominee

Related for Enquiry

Solicitor

Sole Owner

Third Party

Trustee

Valuer

Power of Attorney
Start Date
Specify the date from which the joint holding of the account begins.
End Date
Specify the date on which the joint holding of the account ends.
Note
Note the following:
–
After the Joint holder expires the corresponding signature details of the joint holder
will be deleted in the account signatory details and the same will be reflected in the
Account Signatory History screen
–
If the end date expires, the system does not allow you to save the customer account
in case of amendment in the joint holder details.
–
If you modify a joint holder record from ‘STDJHMNT’ screen and s not authorized
yet, the system will not allow you to modify the joint holder details from ‘STDCUSAC’
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screen and vice-versa, until it is authorized. However, you can modify the account
details other than joint holder details.
–
2.3.26
You can enter the joint holder details only if 'Account Type' is 'Joint'. If the account
type is ‘Joint’ then it is mandatory to specify the details of at least one joint holder.
Specifying UDF Details
User defined fields are maintained through the ‘User Defined Fields’ screen. Click the ‘Fields’
button in the ‘Islamic Customer Accounts Detailed’ screen to invoke this screen.
2.3.27
Specifying Deposits Instruction Details
Deposits instructions are maintained through the ‘Deposits Instructions’ screen. Click the
‘Deposits Instructions’ button in the ‘Islamic Customer Accounts Detailed’ screen to invoke
this screen.
Here you can capture the following details:

Branch Code - The branch code of the branch which is to be associated with the account
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
Account - Specify the account number of the customer. Select the account number from
the adjoining option list

Account Class - This is the account class to which the account is linked

Customer - The customer for whom you are maintaining the deposit instructions

Currency - Currency of the particular account

Sweep Branch - Indicate the branch to which the sweep is carried out

Deposit Currency - The currency in which the deposit is made

Sweep To Account - Indicate the account to which the sweep is carried out

Sweep Amount - This is the deposit amount

Seq No - The system generated sequence number for the instruction you are
maintaining

Deposit Tenor - Tenor for the deposits that are opened under an account class, in terms
of years, months and days

Sweep Multiple Of - The sweep can only be in multiples of the sweep specified

Minimum Required Balance - The minimum balance indicates that only the amounts
above this limit will be used for auto creating deposits

Source Code - The code assigned for the sweep

External Reference Number – The external reference number

Retry Till Date - The instructions specified will be invalid after this date Any failed
sweeps after this date will not be picked up for processing the next day

Start Date – The start date of the application of the deposit instruction maintained.
The auto deposit is triggered during EOD when the account balance exceeds the minimum
required balance.
Auto Deposit is created if the following conditions are satisfied:

‘Auto Deposit’ is checked and deposit instructions are given for the account.

Amount utilized from the linked deposit accounts are sweeped out.

Account currency balance is greater than ‘Minimum Required Balance’.
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2.3.28
Specifying Billing Parameters Details
Billing parameters are maintained through the ‘Billing Parameters’ screen. Click the ‘Billing
Parameters’ button in the ‘Islamic Customer Accounts Detailed’ screen to invoke this screen.
You will have to maintain a set of parameters for the billing module. While settling or
liquidating the bill, the default parameters that you have maintained for the account involved
in this module will be used.
The screen also displays the Product Code and Description of all Billing Products applicable
to the account.
Consolidating Account
You can specify a consolidating account for the given account. From the option list you can
choose:

A different account number if you want to consolidate the charge under this account to
a different account. The Consolidation account selected for this account should be in
the same currency as this account. It also has to belong to the same branch as the
specified account.

The same account to indicate that there is no consolidation and an individual billing
invoice is to be raised on this account
Billing Liquidation
You have two modes of liquidation i.e. Auto or Manual. The preference you have maintained
for the billing product will be defaulted here. You can choose to change the mode for the
specified account under the following scenarios:

If Auto is chosen, then you have to specify whether the settlement is through a
settlement account or through Direct Debit Instruction

In case you want to raise Direct Debit instruction for the billing invoice amount,
irrespective of whether the liquidation mode is Auto or Manual, you have to maintain the
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details for Direct Debit details viz. Direct Debit Bank Code, Account, Name and
Agreement ID fields.

If you choose Manual option, then manual liquidation is possible only under the following
four modes:
–
By Cash – through retail teller product
–
By Clearing – through outward clearing product
–
By Transfer – debit account in CASA module
–
By Direct Debit – through PC module
Note
If the consolidation account is different from the present account, then the system uses the
liquidation parameters specified at the consolidation account level and liquidation parameters specified, if any, at this account level is ignored.
Settlement Account
As mentioned above, you need to specify the settlement account to enable automatic
liquidation of billing.
For liquidating the billing amount and also for collecting the bill amount, the system makes use
of the account specified here.
Maintaining direct debit details
If you have maintained the mode of settlement for auto liquidation of bills as Direct Debit
instructions, you need to specify the following details:

Payable Bank – Choose the bank from the option list. This indicates the bank code of
the settlement account

Account Number – Specify the account number for the settlement account

Name – Specify the name of the debtor

Agreement ID – Specify the agreement id on which the DD is to be generated
During liquidation, the direct debit contract is uploaded into the system in case you have
maintained the settlement mode as direct debit transaction. The upload happens for both
automatic liquidation and manual liquidation.
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2.3.29
Specifying Account Signatory Details
Account Signatory details are maintained through the ‘Signatory Details’ screen. Click the
‘Account Signatory’ button in the ‘Islamic Customer Accounts Detailed’ screen to invoke this
screen.
Here you can capture the following details:
Branch
The system defaults the current branch here.
Account Number
This is the account number to which signatories are to being linked.
Account Description
The system displays the description for the account you have selected.
Customer Number
Enter the customer signatory you want to link to the account
You can link a customer signatory to an account either by:

Click on the option list next to the Signatory Number. A list of customer signatory
numbers, whose details have been captured will be displayed, along with their names.
Pick up the signatory whom you want to make an account signatory for the account

Keying-in the customer Signatory Number and Name directly, if the signatory number
has not been maintained through the Customer Signatory details screen
Note
If the signatory ID that you specify has not been maintained, the System displays an override. On confirming the override, you will be allowed to save the signatory details. An error
message is displayed if you enter a duplicate Signatory ID. Each time you capture a new
Signatory ID at the account level you must identify the relationship of the signatory with the
customer.
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Customer Name
The system displays the name of the corresponding customer.
Minimum Number of Signatories
Specify the minimum number of signatories necessary to endorse an instrument involving the
account.
Account Message
You can capture information about particular signatories. These messages could pertain to
the name, number and the type of signatory your customer is. For instance you can capture
a message like - "This signatory is a joint account holder with rights to sign instruments only
up US 8000".
Signatory Number
The system displays values maintained in CIF signatory for the customer number.
Signatory Name
The system displays the corresponding name of the signatory number specified.
Approval Limit
Specify the amount up to which the account signatory can approve for debits.
2.3.30
Specifying Interim Transactions Report Details
Interim Transaction reports are maintained through the ‘Interim Transaction Reports’ screen.
Click the ‘Interim Transaction Reports’ button in the ‘Islamic Customer Accounts Detailed’
screen to invoke this screen.
This screen contains the details necessary for the account generation parameters. The
message details the balance of the customer account that is under a particular account class.
The account balances indicate the condition of the customer account for an identified time
period.
2.3.31
Specifying Interim Transactions Report
Generate Message
Check this box to indicate that the periodic interim statement (MT942) generation is required
for the account. This will be defaulted from ‘Account Class Maintenance’ screen. However,
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you can modify it. The ‘Consolidated Statement’ and ‘Generate Message’ are mutually
restricted.
Generate Message Only on Movement
Check this box to indicate that the interim statement generation is required, only if additional
entries have been posted subsequent to the previous interim statement generation. This will
be defaulted from ‘Account Class’ screen, however you can modify it.
Report Transaction Since
This section lists all the transactions of the interim account statement, which are supposed to
be reported. This will be defaulted from ‘Account Class’ screen, however you can modify it.
You can choose the appropriate values applicable:

Previous MT942 - This indicates that all transactions posted and authorized since
previous MT942 would be sent in the current interim statement.

Previous MT940 - This indicates that all transactions posted and authorized since
previous MT940 will be sent in the current interim statement. If this option is selected,
you will have to specify the cycle of account statement to be considered.
Minimum Debit Amount
Specify the minimum transaction amount for the debit transaction to be eligible for reporting
in the interim statement. The corresponding amount for the account currency will be
defaulted. However, you can modify the amount defaulted. If the amounts are not defined at
the account class for the currency in which the account is being created, no defaulting of
amounts shall be done.
Minimum Credit Amount
Specify the minimum transaction amount for the credit transaction to be eligible for reporting
in the interim statement. However, you can modify the amount defaulted. If the amounts are
not defined at the account class for the currency in which the account is being created, no
defaulting of amounts shall be done.
Daily Statement Count
Specify the count of interim statement generated during the day. In case a statement is
scheduled to generate, but is not generated because there is no movement, the counter will
not be incremented. The counter will be reset at End of Day.
Year to Date Statement Count
Specify the count of interim statement generated for the account since start of the financial
year. The financial year will be as defined in the Accounting Period maintenance. This counter
would be set at the end of year.
Generate Balance Report
To indicate that the customer account is considered for generation of its balance message,
check this box.
Of
Select the mode of message for balance generation from the option list.
Report Transaction Since
This section lists all the transactions the customer account has undergone, in the interval of
balance messages generated for the account. You can choose the appropriate values
applicable:

Previous MT940: This indicates all transactions posted and authorized since the issue
of a previous MT 940 in the current balance report

Previous MT941: This indicates all transactions posted and authorized since the issue
of a previous MT 941 in the current balance report
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
Previous MT950: This indicates all transactions posted and authorized since the issue
of a previous MT 950 in the current balance report
You can synchronize the time instance by hours for generation of the balance message by
clicking the ‘Times’ button.
This screen is employed to indicate the the time instance in hours for the generation of the
balance report.
Message generation time
Specify the timing for generation of the MT 941/ MT942 message. You can specify the time
interval in hours only.
The details for issuing the balance reports are discussed in the chapter ‘Maintaining
Mandatory information, for different accounts under a particular class. The details involved in
generation of a balance report for a specific customer account correspond with those
discussed for account classes.
2.3.32
Specifying Notice Details
Notice preferences are maintained through the ‘Notice Preferences’ screen. Click the ‘Notice
Preferences’ button in the ‘Islamic Customer Accounts Detailed’ screen to invoke this screen.
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The following field is displayed in this screen:
Description
The following details are defaulted from the account class maintenance level. However, at the
account level you are allowed to modify this.
Advance Profit
Check this field to levy the advance profit on the account
Note
–
The customer is liable to pay this advance profit in case he/she fails to provide the
required notice to the bank
–
The system deducts the advance profit from the credit profit earned by the customer
on his/her credit balance in the account
Monthly Free Amount
Specify the amount that the customer can withdraw per calendar month from his/her savings
account without being liable to pay advance profit.
Notice Days
Specify the number of days before which the customer should notify the bank if he/she wants
to withdraw an amount more than the ‘Free Amount’ from his/her account.
Validity Period
Specify the validity period in number of days. During this period, the customer can do the
withdrawal of the amount for which he/she notified the bank.
Note
This screen is applicable only for saving type of account
2.3.33
Specifying Cards Details
Card Summary details are maintained through the ‘Card Summary screen’. Click the ‘Cards’
button in the ‘Islamic Customer Accounts Detailed’ screen to invoke this screen.
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Here, you can view the following details.
Branch Code
The branch code is displayed from the main ‘Customer Accounts Maintenance’ screen.
Customer No
The customer identification code (CIF) of the account holder is displayed from the main
‘Islamic Accounts Maintenance’ screen.
Account No
The account number is displayed from the main ‘Customer Accounts Maintenance’ screen..
Authorisation Status
Indicate the authorisation status of the debit card by selecting one of the following values:

Authorised

Unauthorised
Record Status
Indicate the record status of the debit card by selecting one of the following values:

Open

Closed
Branch Code
The system displays the branch code where the debit card has been issued.
Request Reference Number
The system displays the request reference number of the card issuance record.
Card Number
The system displays the debit card number of the card holder.
Multiple cards can be issued to a customer.
2.3.34
Specifying OFAC Check Details
OFAC check enables the application to call an external web service to perform black list check
for customer and customer accounts and give warnings appropriately while transacting with
black listed customers. You can also capture your remarks before overriding the black list
warning.
Click ‘OFAC Check’ button in ‘Islamic Customer Accounts Detailed’ screen to view the OFAC
check response in the ‘External System Details’ screen On clicking ’OFAC Check’ button,
system will build the request XML and call the web service. The ‘External System details’
screen displays the response is received from the external system and you will be also
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allowed to enter your remarks in this screen. The response received will also be sent to Oracle
FLEXCUBE Database layer for any further interpretations of the same.
Here, you can view /capture the following details:
External System Response
The response from the external system regarding the black listed customer is displayed here.
User Remarks
Specify your remarks regarding the black listed customer here.
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2.3.35
Specifying Change Log Details
Change log details are maintained through the ‘View’. Click the ‘Change Log’ button in the
‘Islamic Customer Accounts Detailed’ screen to invoke this screen.
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2.3.36
Maintaining Provisioning Preferences for a Islamic account
An account inherits the provisioning parameters defined for the Islamic account class it uses.
You can change the defaulted parameters and make the following specifications, as required,
in the Provision Details section of the ‘Islamic Customer Accounts Detailed - Auxiliary’ screen.
2.3.37
Maintaining Provisioning Percentages Details
In addition to the provisioning preferences listed above, you must also indicate the applicable
provisioning percentage and the discount percentage details in the ‘Provision Percentages’
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screen that you can invoke by clicking the ‘Provision’ button in the Provisioning Details section
of the ‘Islamic Customer Accounts Detailed - Auxiliary’ screen.
You can maintain the following details here:
Provisioning Percentage
If you wish to indicate a specific provisioning percentage to be applicable for the account, you
can specify it in the ‘Provisioning Percentage’ screen.
If you do not specify any provisioning percentage, the provisioning batch picks up the
applicable provisioning percentage from the Exposure Provisioning Percentage Maintenance,
for the exposure category of the account and the account status.
Discount Percentage
If you wish to indicate a specific discount percentage to be applicable for the account, you can
specify it in the ‘Provisioning Percentage’ screen.
If you do not specify any discount percentage, the provisioning batch picks up the applicable
discount percentage from the Exposure Provisioning Percentage Maintenance, for the
exposure category of the account and the account status.
Viewing the Computed Provision Amount
The provision amount computed for the account is displayed in the Provision Amount field in
the ‘Amounts and Dates’ button in the ‘Islamic Customer Account Maintenance’ screen.
2.3.38
Viewing details of Amounts and Dates
In the ‘Amounts and Dates’ screen you can view all Financial details of this customer’s
account along with the details of the previous debit or credit activities. However, access to all
financial information of an account can be restricted for any user. The financial details of an
account include the account balance, the un-cleared debit and credit balances, the debit and
credit turnover and the profit details.
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Click the ‘Amounts and Dates’ button in the ‘Islamic Customer Accounts Detailed’ screen.
2.3.39
Viewing Total Available Balance Details
The total available balance displayed by the System includes the unutilized line amount in
case the customer enjoys an OD limit.
In the Amounts and Dates screen, you can view the outstanding debit profit and/or charges
due on the account, as on the current date.
You can also view the amount that can be withdrawn against uncollected funds, on the
account. The System computes the allowable amount based on the Withdrawable
Uncollected Funds Basis option specified in the Branch Parameters Preferences screen.
2.3.40
Viewing Turnover Amounts
In the ‘Customer Account - Turnover Amounts’ screen you can view the total turnover of this
customer account from the first date of this month to the current day’s system date. Also, you
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can view the accumulated profit associated with debit or credit transactions after the last
liquidation.
To view the turnovers for the account, click the ‘Turnover’ button. The Customer Accounts Turnover Amounts screen is displayed.
After maintaining the required details you can return to the Amounts and dates screen.
2.3.41
Maintaining Other Details for Islamic Deposit Account
Using this screen, you can maintain the following details for Islamic Deposit Account:

Maintain Credit Limit Liability details

Maintain parameters for Joint Accounts

Maintain Transaction Restrictions

Maintain Account signatory details

Maintain Account Statement details

Specifying MIS details for an account

Specifying payment and collection limits

Specifying Regulation D applicability for a customer account

Relationships for Customers
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For further details, refer the chapter ‘Maintaining Customer Accounts’ in the Core Entities
User Manual.
The sign-on branch code is defaulted when you maintain a new instruction. The current
system date is also displayed. You can select the customer account for which you want to
maintain an operating instruction, from the available option-list.
On selection of the account, the description gets displayed in the adjacent field.
At the time of maintaining an instruction, you can also specify a condition for displaying the
instructions when transactions pertaining to this account are being processed. The instruction
will be displayed to you when the condition is satisfied.
2.3.42
Closing a Islamic Account
When you close an account the system will check whether an IP product linked to the account
is pending liquidation. If an IP Product is pending liquidation you will be prompted to perform
the liquidation before closing the account.
You can click on the Liquidate button to imitate the process whereby the system will calculate
all outstanding amounts for all products involving the account and display the same. On
confirming the details that are displayed the system liquidates the products. You will not be
required to authorize this action.
If any provisioning has been done in respect of the account, the relevant amount is written
back to the GL as specified in the maintenance, on Closure.
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If the account does not have any IP products pending liquidation the system will display list of
‘Close Out’ modes in the ‘Account Closure Details’ screen.
In this screen you can select the Close Mode, which is to be used to close the account. The
option list positioned next to this field contains a list of all the Close Modes maintained in the
Customer Account Closing Modes screen. The product linked to the close mode will be
defaulted.
Some of the close out modes may require additional details to complete the transaction.
These additional details can pertain to either of the following:

The Offset Account

The Instrument (when the Close Out is through an Instrument) with which you payoff the
balance in the account
Thus, based on the mode selected the withdrawal entries are booked against the appropriate
product. The balance of the account will drop down to zero. Subsequently, the account is
marked as closed.
For detailed information on the Customer Account Closing Mode Maintenance screen you can
refer the Maintaining Customer Account Closing Modes sub-heading in Core Entities User
Manual.
2.3.43
Executing Automatic Closure Batch
You can have all accounts for which the box ‘Account set for closing’ is checked automatically
closed using a batch process after the profit distribution is completed. You need to configure
this batch as a mandatory program in End of transaction Input (EOTI) stage using the
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‘Mandatory Batch Program Maintenance’ screen. You can also configure it as an intraday
batch.
You can invoke the ‘Mandatory Batch Program Maintenance’ screen by typing ‘EIDMANPR’
in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow
button.
This batch should be configured for execution after ICEOD batch.
Function Identification
Specify the function ID ‘ICPDMBT.
End of Cycle Group
Choose ‘End of Transaction Input’.
Frequency
Choose ‘Daily’ from the adjoining drop-down list.
After each profit distribution cycle, you will have to take a report of accounts where ‘Account
set for closing’ is checked and then transfer the balance in such accounts in order to make
the balance to zero for the purpose of automatic closure.
This batch will close all the applicable accounts after ensuring the following:

Account balance is zero.

Profit distribution is done.
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
No more profit is accrued.
In case any of the aforesaid validations fail, the batch will not close the customer accounts. In
case of such failure, the system will raise an exception.
2.3.44
Sweep In and Sweep Out Batch Processing
The Sweep In and Sweep Out process is handled by an EOD batch STSWEEP. All the utilized
deposit accounts in a day are fetched by the batch STSWEEP due to CASA linkage. The
amount block is then released to the CASA account by breaking the deposit.
Sweep In Process
During Sweep In Process the system:

Releases the amount blocked for the deposit accounts for the utilized amount.

Transfers the amount to relevant CASA account.

Updates the deposit account balance.
Note
Other deposits are considered only after utilizing auto deposit created for account.
Sweep Out Process
During Sweep Out process the system:

Check for the credit balance in the CASA account.

Transfer the credit balance or the linked amount to the relevant deposit account.

Updates the utilized amount for the transferred amount.
Note
Other deposits are considered only after utilizing auto deposit created for account.
2.3.45
Generating Alert for Secure Overdraft Utilization
Secure Overdraft (SOD) facility is given against collaterals for an account. Oracle FLEXCUBE
facilitates generation of alert when SOD utilization is closer towards the consolidated limit
amount of the collaterals.
Oracle FLEXCUBE runs a batch process to identify such breached SOD accounts and
generates alerts as per the maintained percentage parameter at SOD account level and
decides the breach limit for every account. The system sends the generated alerts as ADVICE
format (email) or ASCII flat file. It defines the message format for email and captures the
following key information to send these alerts to OD customer:

Email ID

Mobile number
The system runs a CASA batch adding the following process ‘SODALERT’:

Identify the SOD accounts to be processed

Read the percentage for breach calculation

Identify if the breach happened
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2.3.46

Generate the alert to intermediate data store

Generate the MSG handoff in case the medium is mail

Complete the message generation if the medium is mail

Update the dispatch flag as processed.
Creating a Message Advice Format
You need to create a message advice format through the ‘Advice Format Maintenance’
screen with the format named ‘SOD_CR_UTIL’. You should also create an outgoing generic
interface to generate ASCII file where in the component details for the generic interface are
the elements from the new data store. You need to schedule this generic interface to be
executed during EOD through ‘GIDPRSIF’ batch.
Note
The system processes alerts only if the email address and mobile number are maintained
for a customer.
You can know the Limit Utilization Breach for the account by the application of the following
formula:
‘(Utilized limit amount) ≥ (SOD Amount *SOD notification percentage) / 100’
The Intermediate data store consists of the following details:

DCN

BRN

Customer Account Number

Customer No

Customer Mail

Customer Mobile No

Utilized Amount

Overdraft Amount

Dispatch Flag
You need to maintain the following message advice format through the ‘Advice Format
Maintenance’ screen.
#RH
< SOD ACCOUNT UTILIZATION>
Date: _DATE_
Bank Name: _BANK-NAME_
Branch Address: _BRANCH-ADDR_
Customer Name: _CUST-NAME1_
Customer ID: _CUSTOMER_
Account Number: _ACCOUNT-NO_
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OD Amount: _OD_AMOUNT_
Utilised Amount: _UTIL_AMOUNT_
#EH
#B
#SC
#IF _DIFFEQAUL_
Your Account with Account Number _ACCOUNT-NO_ has reached the limit of the OD.
#ENDIF
#IF _DIFFGREATER_
Your Account with Account Number _ACCOUNT-NO_ has breached the limit of the
OD by _DIFFGREATER_
#ENDIF
#EC
#EB
#RF
FOR _BRANCHNAME_
AUTHORIZED SIGNATORY.
#EF
For more information on Advice Format, refer ‘Maintaining Advice Format’ chapter under
‘Messaging System’ User Manual.
Note
For multiple collaterals you need to consider consolidated limit amount for deriving the
breach limit amount.
The system re-uses the following key information for alert generation:
2.4
–
Email ID – from customer personal maintenance
–
Mobile number – from CIF – personal information
Viewing Islamic Customer Accounts Details
You can view the Islamic customer accounts details maintained in the ‘Islamic Customer
Accounts Detailed’ screen using the ‘Islamic Customer Accounts Summary’ screen. You can
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invoke this screen by typing ‘IASCUSAC’ in the field at the top right corner of the Application
tool bar and clicking on the adjoining arrow button.
In the above screen, you can base your queries on any or all of the following parameters and
fetch records:

Authorization Status

Branch Code

Record Status

Account
Select any or all of the above parameters for a query and click ‘Search’ button. The records
meeting the selected criteria are displayed.
Note
You can query or modify the account details of the customers whose accounts are permitted to you for the query/modification in the ‘Group Code Restriction’ screen.
If you are allowed to query customer information, then system displays the following details
pertaining to the fetched records:

Authorization Status

Record Status

Branch Code

Account

Description

Customer Number

Currency

Account Class

No Debits

No Credits

Stop Payments

Dormant

Account Open Date

Alternate Account Number
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2.5

Cheque Book

Passbook

Account Number

Account Type

IBAN Account Number

Frozen
Changing Primary Party of an Account
You can change the primary customer of a specific account using ‘Primary party Change
Maintenance’ screen. To invoke this screen, type ‘IADCUSCH’ in the field at the top right
corner of the application toolbar and click the adjoining arrow button.
Specify the following details:
Account
Specify the account number for which you need to change the primary customer. The option
list displays all valid active and open accounts under the current branch. Unauthorized and
tanked accounts will not be available for selection.
Select the appropriate account number.
Description
Based on the account selected, the system displays the account description.
Branch Code
The system displays the current branch code.
Currency
The system displays the currency associated with the selected account.
Customer Number
The system displays the customer number of the primary customer of the account.
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You can modify this and specify the customer number as per requirement. The option list
displays all valid active and open customer numbers. Select the appropriate one.
The customer number that you select here must be different from the customer number
displayed on selection of the account number.
Once you have selected the customer number, click ‘Populate’ button. The system will update
the ‘Account Signatory’ and ‘Linked Entities’ details based on the changed customer number.
If you do not click the ‘Populate’ button, on saving the record, the system displays an error
message.
Customer Name
Based on the customer number, the system displays the name of the customer.
Account Class
The system displays the account class to which the selected account belongs.
Remarks
Specify your remarks related to the change of primary customer.
2.5.1
Viewing linked Entities
Click ‘Linked Entities’ button to view the linked entities.
When you click ‘Populate’ button after selecting the customer account, the system will update
the changed customer as the primary account holder in ‘Linked Entities’ screen. The other
details will remain the same. However, you can modify the details.
For further details on the ‘Linked Entities’ screen, refer to the section ‘Specifying Linked
Entities’ in this chapter.
2.5.2
Viewing Account Signatory Details
Click ‘Account Signatory’ button to view the account signatory details.
When you click ‘Populate’ button after selecting the customer account, the system will update
the account signatory details based on the changed customer.
If you have checked the box ‘Replicate Customer Signature’, then the system clears the
signatures maintained for the old customer in the ‘Account Signatory’ sub-screen and displays
the rest of the signatures. This may include signatures of the joint holders. The system will
also default the signature maintained for the changed primary account holder.
If you have not checked the option ‘Replicate Customer Signature’, then the system clears the
signatures maintained for the old customer.
For further details on the ‘Account Signatory’ details, refer to the section ‘Specifying Account
Signatory Details’ in this chapter.
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2.5.3
Viewing Customer Change Details
Click ‘Customer Change Details’ button to view the details of primary customer changes.
You can view the following details:
Branch Code
The system displays the branch code.
Account
The system displays the account number for which the primary account has been changed,
2.5.3.1
Validate Tab
From the ‘Validate’ tab, you can validate the customer changes and view the error/override
messages. Click ‘Validate’ button. The system will displays the following details if there is a
possible error or override during the process.
Error Code
This is the error code for the error\ override message.
Type
This indicates whether the message was an error message or an override message.
Message
This field displays the details of the error/ override message.
The list will contain the details of possible errors in the beginning, followed by the possible
overrides.
You can generate a report of the error/ override messages using the ‘Report’ button. Once
you click this button, the system will display the ‘Report Options’ screen. Select the
appropriate options and click ‘OK’ button to generate the report.
You can view the following details in the report:
Header
Under the Header, you can view the following details:

Branch Code
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
Account Number

New Customer Number

Old Customer Number

Remarks

Date and Time

Maker Id
Detailed
Under detailed section, you can view the following details:

Error Code

Error Type

Error Message
Based on the possible error information received, you can resolve such issues and proceed
to save the customer change.
2.5.3.2
Customer Change Log Tab
Under this tab, you can see the history of all customer changes that has happened for the
selected account.
In this tab, you can view the history of all customer changes happened on a given account.
Against each customer change information, you can view all the overrides triggered during
the change process.
This screen will display the details of unauthorized customer changes, if any. The authorizer
can view the overrides and take a decision whether to authorize the change or not.
For each primary party change, you can view the following details:

Date of change

Old customer number

New customer number

Remarks entered by the user

The user ID of the maker
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
The user ID of the checker/authorizer

The user ID of the verifier

Whether the change has been authorised or not
For every selected change record, you can view the following details of the errors/ overrides:

Error code

The error/ override message
Once you have captured and verified all the details, save the record. If the new customer
number is not different from the old one, then the system will display an error message.
Note
Note the following:
–
Multi branch access is not supported for this operation.
–
This operation is considered as a customer account amendment. External notifications that exist for the customer account modification will continue to work for this.
–
If there is any unauthorized primary party change record, then the system will not
allow amendment of that customer account.
The primary party change will be effected and updated in the customer account records only
after authorization. During authorization, the system will repeat the validations. If there is any
error, then you will not be allowed to authorize the record.
You need to manually handle the following situations:

Any correction in the relationships maintained at customer account level using ‘Primary
Party Change’ screen

Modification of address at the account level

Re-submission of mandatory documents as part of customer change

Change in the ICCF product, rule or charge

Change in the joint holders list or list of signatories required because of the customer
change

Customer spread

Deactivation of ATM cards and debit cards

Changes in the status of the customer or account due to primary party change

Checking uninitiated transaction (transactions in external channels), upload tables,
workflow stages. Validation of transaction in referral queue, ELCM queue and PC queue

Validation of user defined status of account

Issuance of new card to the new customer

Validation of existing track receivables in the account

Records for customer and account combination in the Service Request Screen (STDSRQST)
You need to operationally handle the following changes:

Joint holders

Notice preference

Escrow transfer details

Currency limit details
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
Document checklist

Profit and charge subsystems

Address details, location, media, country code, cheque book name

Deposit instructions and other instructions

Nominee details

Restriction details

Memo instructions

Service request

Statement details

Interim transaction report details

UDF details

ATM details such as name on card

KYC status

Customer account tax allowance limit

Check book re-order details

Dormancy parameter details (STDSTDOR)

Salary account flag

Home branch of old and new customers

Gender, resident status, staff, minor status

Stop payment request maintained

New cheque book requests, debit card requests, Debit card activation requests
Note
Note the following:
2.5.4
–
Through relationship pricing it is possible to define different rates based on the eligibility criteria of the customer. After the customer change has been effected, the
system evaluates the eligibility criteria and applies benefit plan. At this point, the
system considers the relationships maintained for the new customer.
–
After the primary party change, AML tracking for online/daily TOV/monthly TOV for
the customer group associated with the new customer takes place. On the same
day, customer account entries will report to two customer numbers.
–
In case of back dated transactions in the account after primary party change, the
system considers the new customer while passing accounting entries.
–
The system does not validate the origination accounts during primary party change.
–
Transactions in PC which are active at the time of primary party change will show
the old customer number itself in the ‘Payments and Collections Contract’ screen.
–
The changes made using ‘Primary Party Change’ screen will not reflect in the
change log of the customer account screen.
Viewing Islamic Primary Party Change Summary
You can view a summary of Islamic account primary party changes made in the system using
‘Islamic Primary Party Change Maintenance Summary’ screen. To invoke this screen, type
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‘IASCUSCH’ in the field at the top right corner of the application toolbar and click the adjoining
arrow button.
You can search for the records based on one or more of the following parameters:

Authorization status

Record status

Branch code

Account number
Once you have specified the parameters, click ‘Search’ button. The system displays the
following details of all records that match the search criteria.

Authorization status

Record status

Branch code

Account number

Account description

Account class

Customer number
Note
Following are some additional information related to primary party change.
–
The system does not validate the usage of the account in the any retail transactions.
Retail transactions includes following modules RT, UP, CG, IS and DE.
–
If the account is used in corporate transactions, the system validates whether the
account is maintained as a settlement account in any of the authorized or unauthorized contracts. If it is used, the system displays an override message listing the
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transaction reference numbers. Corporate transactions include the transactions
from the modules other than those mentioned above.
–
2.6
After the primary party change, the customer balance report to the MIS codes of the
new customer. For existing transactions, the related customer or customer in MIS
will not change.
Viewing Mudarabah Sweep Details
You can view Mudarabah Sweep details in the Mudarabah Sweep History Details screen. You
can invoke this screen by typing ‘IADSWHIS’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
In the above screen, you can base your queries on the following parameters and fetch
records:

Branch Code

Account Number
Select any or all of the above parameters for a query and click ‘Search’ button. The records
meeting the selected criteria are displayed.
If you are allowed to query sweep details for the account, then system displays the following
details pertaining to the fetched records:

Order of Linkage

TD Branch

TD Account Number
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
Linked

Auto Deposit

Linked Percentage

Linked Amount

Utilized Amount
If the Mudarabah Sweep detail is checked then the system displays the following sweep
history for the customer account:

TD Account Number

Branch

Operation

Transaction Date

Transfer Amount
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3. Maintaining Investment Weights
3.1
Introduction
In order to compute the profit distribution on a Mudarabah fund, you need to capture the risk
associated with every investment that forms the Mudarabah fund.
3.2
Maintaining Investment Weights
You can capture the risk or weight attached to every deposit investment in the ‘Weights
Maintenance’ screen. This screen allows weights maintenance for different combinations of
fund Id, product type, account class, effective date and currency. You can invoke the ‘Weights
Maintenance’ screen by typing ‘ICDWTMNT’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
Here you can specify the following details:
Mudarabah Fund Id
You can specify the Mudarabah Fund Id for which you wish to maintain deposit weight details
from the option list. The option list contains all Mudarabah fund Id that are active and
authorized.
3-1
Currency
You can specify the currency to maintain deposit weight details from the option list. The option
list will displays all the currency codes maintained in the system.
Effective Date
You can specify the date from which the weights should be considered for profit calculation
and distribution. You can also maintain a back-valued effective date but not a future date.
Account Class
You can specify the account class for which you wish to maintain weight details from the
option list. The option list displays all the account classes linked to the selected fund Id.
Bank Local Currency
The system defaults the bank local currency here and not the Branch currency. The entire
profit calculation will be done in this currency.
Product Type
The system will default the product type based on the account class selected on saving the
record:
3.2.0.1

Savings

Current

Term Deposits
Broken Period
Weight (%)
You can specify a weight in percentage that should be for calculating the profit when term
deposits are redeemed before their maturity dates.
If the utilization amount is not zero at the end of PDM calculation period then the system
considers the broken weightage maintained along with other weightages for deposits in
Mudarabah Sweep.
3.2.0.2
Mudarib Fee
Fee (%)
You can specify a fee in percentage that should be used as Mudarib fee for profit allocation
calculation for the given pool code, account class and currency combination.
3.2.0.3
Value Category
Amount Slab
You can assign a weight to an amount slab. For all investment wherein the amount falls in the
particular slab, the weight specified against the slab will be applicable.
Weight (%)
You can specify the weight for an investment falling under the specified slab.
3.2.0.4
Tenor Category
Units
You can specify the frequency of the term deposit. You can choose from the following option
available in the drop-down list:

Months

Year
3-2
Tenor
You can specify the tenor of the term deposit.
TD Weight
You can specify the weights for Investment accounts having the particular profit distribution
frequency.
Savings/Current Account
You can specify the weight for savings accounts falling under the chosen Mudarabah fund Id.
This field is available only if the product type is specified as ‘Savings’.
Note
In this field you are not allowed to maintain the weight details for the TD and units, tenor
and weight details will not be allowed to maintain for Savings and current account classes.
3.2.0.5
PPO Category
Days
You can specify the profit distribution frequency in terms of days. You can specify any
numerical value from 1 to 99.
Months
You can specify the profit distribution frequency in terms of months. You can specify any
numerical value from 1 to 12.
Years
You can specify the profit distribution frequency in terms of number of years.
Weight (%)
You can specify the weights for investment accounts having the particular profit distribution
frequency.
3.3
Profit Calculation Batch
You can calculate the profit and as well as initiating distribution to depositors and
shareholders for the Mudarabah fund using ‘Profit Calc Batch’ screen. You can invoke the
3-3
‘Profit Calc Batch’ screen by typing ‘ICDPRCBT’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
Bank Local Ccy
The system displays the local currency of the bank.
Financial Cycle
The system displays the previous month’s financial cycle.
3.3.0.1
Period Code
From
You can specify the period code from which the profit needs to be shared. The option list
displays all period codes maintained in the system. You can select the appropriate one.
To
You can specify the period code until which the profit needs to be shared. The option list
displays all period codes maintained in the system. You can select the appropriate one.
Period Type
Specify the type of period for which the profit sharing needs to be done. You can choose any
of the following options available in the drop-down list:

Notional

Actual
Mudarabah Fund ID
You can specify the fund id for which the profit calculation needs to be done. The option list
displays all fund IDs for which the profit has to run for the period codes. However if the profit
distribution is done already then the system will not display those fund IDs.
Profit Calc Sequence Number
When you click save icon, the system defaults the ‘Profit Calc Sequence Number’ in this field.
3-4
Profit Equalization Amount
You can indicate the following preferences.
Credit/Debit
Indicate whether the PEA amount should be deducted from or added to the depositor’s profit.
Select one of the following options:

Credit - Choose this to add the PEA amount to the depositor’s profit.

Debit - Choose this to deduct the PEA amount from the depositor’s profit.
Lcy
Specify the PEA amount (in local currency) that should be deducted from the depositor’s profit
before deduction of the Mudarib fee. If you have chosen ‘Credit’ as the PEA criterion, then
indicate the amount that should be added to the depositor’s profit. Mudarib fee will not be
deducted in this case. Alternatively, if you have specified the PEA % for depositor’s
investment, the system will compute the PEA amount in local currency and display it here.
PEA% for DEP Investment
Specify the amount that should be considered for PEA deduction/addition, as a percentage of
the depositor’s profit. The PEA amount in local currency will be computed based on this figure.
Alternatively, if you have specified the PEA local currency amount, the system will display the
same as a percentage of the depositor’s profit.
You can view details of the batch by clicking the ‘View Profit Calc Log’ button.
The batch needs to be authorised in order to be submitted.
While executing this batch, the system computes the balance of each account, based on the
profit calculation balance basis maintained for the linked account class. The system computes
the cash reserve amount for each account based on the cash reserve ratio (CRR) maintained
for the currency in the linked account class. If the CRR value is not maintained for the
currency, it will consider the CRR specified for the account class a whole. It deducts the
computed cash reserve amount from the account balance before applying weights in profit
distribution.
The system considers the account balance after deduction of cash reserve ratio for
depositor’s investment in profit sharing.
3.4
Updating Profit Calculation
You can view the details of all account class using ‘Profit Calc Update’ screen by selecting a
record, the system populates all the details. You can invoke the ‘Profit Calc Update’ screen
3-5
by typing ‘ICDPRUPD’ in the field at the top right corner of the Application tool bar and clicking
the adjoining arrow button.
The following details will be populated in the screen:
Account Class
The system displays the account class to which the deposit accounts belong. You cannot
modify it.
Madarabah Fund ID
System will display the Mudarabah fund id to which the selected account class is linked.
From Period Code
The system displays the period code from which the profit needs to be shared (Previous
Months Period code).
To Period Code
The system displays the period code until which the profit needs to be shared (Previous
Months Period code).
Financial Cycle
The system displays the previous month’s financial cycle.
Period Type
The system displays type of period for which the profit sharing needs to be done. It can be
any of the following options:

Notional

Actual
Product Type
The system displays the type of product. It could be either ‘Savings’ or ‘Deposit’.
TD Type
If the accounts belong to a Term Deposit account class, the system will display the account
type (Broken /Normal).
3-6
Account Ccy
The system displays the currency in which the investment account is maintained.
Amount Slab
The system displays the maximum limit of the Investment amount to make up the slab.
Tenor
The system displays the tenor of the deposits falling under the amount slab in terms of
months. For savings, the tenor is displayed as 1 month.
PPO
The system displays the profit pay out frequency of the Investment falling within the amount
range and tenor in terms of days, months or year. The frequency is shown in the following
format: ‘nnnDnnMnnY’ where ‘n’ stands for a numerical value.
LCY Amount Before Weights
The system displays the LCY equivalent amount of the total account class contribution before
applying the applicable weightages.
Weights
The system displays the weighted average balance of the deposits in the amount range and
tenor.
LCY Amount After Weights
The system displays the depositors’ value in a particular account class in LCY after
application of weights.
Profit Amount Before Fee
The system displays the profit amount accrued to the deposits in the amount range and tenor,
before fee application.
Mudarabah Fee %
Your bank recovers some expenses by way of a Mudarib fee which will be recovered as a
percentage of the fund profit. The system defaults this value from the ‘Weights Maintenance’
screen.
Mudarabah Fee LCY
The system displays the local currency equivalent value of the Mudarabah fee charged for the
account class with currency.
Adj Mudarabah Fee LCY
Specify the Mudarabah fee in local currency.
Profit After Mudarabah Fee ADJ
The system displays the total profit for a particular account class and currency combination,
after the Mudarabah fee adjustment (if any) on saving.
Ann. Rate after Mudarabah Fee ADJ
The system computes the annualized profit rate based on the profit amount and the deposit
value and displays it here.
Adhoc ADJ Amt
You can make an adhoc adjustment which affects the annualized percentage of profit. Specify
the adjustment amount here.
Profit Amt after ADHOC ADJ
The system displays the total amount of profit distributable to the account class after doing
the adhoc adjustment.
3-7
Ann. rate after ADHOC ADJ
The system indicates the annualized percentage of profit after doing the adhoc adjustment.
Annualized Rate Before ADJ in %
The system displays the Annualized rate before the before the Mudarib fee, PEA and Adhoc
adjustment.
ADJ Annualized Rate in %
The system displays the final adjusted value of the annualized percentage after Mudarib fee,
PEA and Adhoc adjustment (Non Editable).
3.5
Profit Distribution Batch
Profit sharing for a Mudarabah fund is primarily driven by the weights ratio between depositors
and shareholders in the fund. As mentioned before, the weights for deposits are maintained
in the ‘Weights Maintenance’ screen. You can capture the weight for shareholders and also
compute the profit for depositors and shareholders in the ‘Profit Distribution Batch’ screen.
You can invoke the ‘Profit Distribution Batch’ screen by typing ‘ICDPRABT’ in the field at the
top right corner of the Application tool bar and clicking the adjoining arrow button.
3-8
You can capture the following details in this screen:
3.5.1
Period Code
From
The system displays the previous month’s period code from which the profit needs to be
shared.
To
The system displays the previous month’s period code until which the profit needs to be
shared.
Bank Local Ccy
The system displays the local currency of the bank.
Financial Cycle
The system displays the previous month’s financial cycle.
Period Type
Specify the type of period for which the profit sharing needs to be done. You can choose any
of the following options available in the drop-down list:

Notional

Actual
Mudarabah Fund ID
You can specify the fund id for which the profit calculation to be done from the option list. The
option list displays all fund Ids for which the profit has to run for the period codes. However if
the profit distribution is done already then the system will not display those fund Ids.
Click the ‘Populate’ button, to view the record for the combination of the data entered in the
‘Profit Cal Update’ screen. If there is any unauthorized record the system will not populate the
record.
3.5.2
Total Investment
Here you can capture the following details:
PEA GL
The system displays the balance of the PEA GL for the Mudarabah fund. This amount is
computed on the basis of the liability GL (specified as PEA ) that is linked to the particular
Mudarabah fund id in the ‘Mudarabah Profit Calculation Maintenance’ screen.
IRR GL
The system displays the balance of IRR liability GL. This balance is computed based on the
‘Profit Contribution Balance Basis’ specified in the ‘Islamic Profit Calculation GL Maintenance’
screen.
Share Holders
On selecting the Mudarabah fund id, the system displays the total investment of the fund as
contributed by the shareholders, in this field. This amount is computed on the basis of all the
liability GLs that are linked to the particular Mudarabah fund id. The system arrives at this
amount based on the preference set in the ‘Profit Contribution Balance Basis’ field in the
‘Mudarabah Profit Calculation Maintenance’ screen for the selected Mudarabah Fund ID. If
the balance basis is not maintained for that GL in the Linkage screen, the system will consider
the preference set in the ‘Mudarabah fund Share Holder Balance Type’ field ‘Bank
Parameters - Preferences’ screen.
3-9
Depositors
On selecting the Mudarabah fund id, the system displays the total investment of the fund as
contributed by the depositors, in this field. The system arrives at this amount based on the
preference set in the ‘Profit Contribution Balance Basis’ field in the ‘Account Class
Maintenance’ screen for the account class to which the particular Mudarabah fund id is linked.
Total
On selecting the Mudarabah fund id, the system displays the total investment of the fund in
this field.
Weights in %
Specify the weight (as a percentage of the total shareholders’ investment) that should be used
to compute the profit for shareholders. The system shows a default value of ‘100%’. However,
you can change it.
EFF WTS %
Once the shareholders’ weight is specified, the system displays the effective weight of the
shareholders as a percentage of the total shareholders’ investment.
PEA GL ADJ
You can specify the adjustment amount posted to the PEA GL contribution.
Share Holders ADJ
You can specify the adjustment amount posted to the shareholders’ contribution.
Total ADJ
The system displays the sum of the Shareholder, Depositor and PEA contribution after
adjustment.
Profit Distributable to Depositors
The system deducts the PEA from the depositors’ share of profit (minus the Mudarib fee) and
displays it here.
3.5.3
Total Profit
Here you can capture the following details:
Total
The total profit for the Mudarabah fund is calculated from the income/expense type GLs linked
to the particular Mudarabah fund in the ‘Mudarabah Profit Calculation Linkage’ screen.
Profit ADJ
You can specify the total profit adjustment amount.
Profit After ADJ
The system displays the total amount less the profit adjustment.
Share Holders
The system computes the total profit for shareholders based on the effective investment ratio
calculated earlier and displays it here.
Depositors
The system computes the profit share for depositors based on the effective investment ratio.
Total Fee Amount
System display the Total Mudarabah fee amount calculated for the Depositor accounts.
Mudarib fee percentage will be taken from the weight maintenance screen maintained for
account class
3-10
Depositor’s Profit After Fee
The system deducts the Mudarib fee amount from the depositors’ share of profit and displays
it here.
Total PEA ADJ Amount
System display the total PEA Adj amount made for the depositor in the ‘Profit Calc Update’
screen.
Depositor’s Profit After PEA
The system deducts the PEA amount from the depositors’ profit fit and displays the net
amount here.
Total Adhoc ADJ Amount
The system sums up the adjustment amounts made for the depositors and then displays the
total adjustment here.
Depositor’s Profit After IRR
The system displays the depositors profit after deducting the Investment Risk Reserve (IRR)
amount.
3.5.4
Profit Equalization Amount
Specify the following details.
Profit Equalization Amount
If credit is selected then the Amount specified in the LCY field and Percentage mentioned in
the PEA % for dep investment will be added to the total depositor profit amount (in case of
loss amount will be debited from the PEA GL & distributed to the depositor).
If Debit is selected then the Amount specified in the LCY field and Percentage mentioned in
the PEA % for dep investment will be deducted from the total depositor profit amount (In the
months that your bank makes more-than-expected profit, you can set aside some profit as
‘Profit Equalization Amount’. You can use this amount to distribute to the depositors in the
months of losses).
Lcy
You can also specify the PEA as a fixed amount in the bank’s local currency.
PEA % for DEP Investment
In the months that your bank makes more-than-expected profit, you can set aside some profit
as ‘Profit Equalization Amount’. You can use this amount to distribute to the depositors in the
months of losses. Specify the PEA as a percentage of the depositors’ profit.
Investment Risk Reserve
Specify the following details.
Credit/Debit
Indicate whether the IRR amount should be deducted from or added to the depositor’s profit.
Select one of the following options:

Credit - Choose this to add the IRR amount to the depositor’s profit.

Debit - Choose this to deduct the IRR amount from the depositor’s profit.
Lcy
Specify the IRR amount that should be deducted from the depositor’s profit after allocation of
PEA and before deduction of the Mudarib fee. Alternatively, if you have specified the IRR%
3-11
for depositor’s investment, the system will compute the IRR amount in local currency and
display it here when you click the save icon.
IRR%
Specify the amount that should be considered for IRR deduction/addition, as a percentage of
the depositor’s profit. The IRR amount in local currency will be computed based on this figure.
Alternatively, if you have specified the IRR local currency amount, the system will keep this
field blank. After specifying the IRR local currency, even if you specify a value here, the
system will make it blank upon clicking the save icon.
Profit Apply Sequence Number
When you click the save icon, the system defaults the ‘Profit Apply Sequence Number’ in this
field.
When you click the authorise icon, the system will re-calculate the profit distributable to
Shareholders and depositors and also the system will recalculate the profit and post the final
adjustment amounts and the profit rates applicable to the individual accounts will be
propagated.
Note
3.6
–
No more changes are allowed in the ‘Profit Distribution Batch’ screen, once the
batch is submitted. With Period type as ‘Notional’ you can do what if analysis
(Mudarabah Rate will not be propagated).
–
Once the Batch is submitted with ‘Actual’ Period type Derived Mudarabah Rate will
be updated to the individual account with effective date as the start date of the period.
Profit Calculation Exclusion Batch
You can invoke the ‘Profit Calculation Exclusion Batch’ screen by typing ‘STDREXBT’ in the
field at the top right corner of the Application tool bar and clicking the adjoining arrow button.
Specify the following details:

Period Code
3-12
3.7

Financial Year

Intraday Sequence Number
Zakat Batch Process
The Zakat processing batch needs to be run for all the savings accounts for which the ‘Zakat
Exemption’ option is unchecked in the ‘Customer Accounts Maintenance’ screen. You can run
this batch through the ‘Zakat Processing Batch’ screen. You can invoke this screen by typing
‘ICDZAKBA’ in the field at the top right corner of the Application tool bar and clicking the
adjoining arrow button.
Here you can capture the following details:
IP Product
Specify an IP product maintained for Zakat computation. The adjoining option list displays all
the IP products maintained in the system. You can select the appropriate one from there.
Also, you can select ‘All’ and execute batch for all Zakat products.
You can run this batch on the First Day of Ramadan. On execution of this batch process, the
Zakat will be automatically calculated and deducted from the accounts to which the chosen
IP product is linked. If this batch is re-run on the same date, then the accounts where Zakat
has already been liquidated will not be charged again.
If the batch is run after a day, the computation will take place on the Ramadan date.
3.7.1
Status Change Batch Processing (CSDSTBTC)
For the IA module the Status change batch will be run along with the customer/Group and
apply worst status change for the customer. This batch will use the status change events.
You can trigger the batches to run before the Common Status Change batch (CSDSTBTC).
The following given batches can be run in any order:

LCEOD

BCAUSTCH

CLBATCH

ICEOD
3-13

CIDBATCH

MODBATCH

CASABAT

IAAUTDLY

CSDSTBTC

ICEOD

CLDPROV

MODPROV

CIDPROV
If ‘Status Processing’ is at Individual Contract Level, then system will trigger status change
based on the Customer Credit rating for the customer of the Contract /Account booked. The
other contracts of the customers in the same Group will not be impacted. However if the
‘Status Processing’ is at CIF/Group level individual module (LC,CL, CI, MO, CA, IA and BC)
batches will be updating common storage with the derived status of each contract and CIF/
Group level status will be triggered by the common status change batch. The common status
change batch will call the individual module function for status change processing.
3-14
4. Creating Islamic Term Deposits
4.1
Introduction
Any deposit with a fixed term or tenor is referred to as a Term Deposit (TD). To handle a TD
in Oracle FLEXCUBE, you need to:

Set up a suitable account class

Set up a suitable IP product

Maintain a TD account

Define Profit Conditions and other parameters for the deposit account
Additionally, you need to maintain the following details for operating a Term Deposit (TD):
4.2

Instructions

Payin Parameters

Closing Mode
Maintaining Term Deposit Account Class
To handle term deposits in Oracle FLEXCUBE, you have to set up an account class of type
‘Deposit’, in the ‘Islamic Account Class Maintenance’ screen. You can invoke the ‘Islamic
Account Class Maintenance’ screen by typing ‘IADACCLS’ in the field at the top right corner
of the Application tool bar and clicking the adjoining arrow button.
Refer the section ‘Maintaining Islamic Account Class’ in the chapter ‘Creating Islamic
Accounts’ of this User Manual for details about setting up an account class.
4-1
Note
Typically, for every deposit scheme you offer at your bank, you would set up a Deposit
Type Account Class.
4.2.1
Specifying Deposit Preferences
Click the ‘Deposit’ button to define the parameters for a deposit type account class. The
‘Deposit Account Details’ screen will be displayed.
Indicate the following details:
Allowing Auto Rollover of Deposits
You can opt to automatically rollover a deposit if it is not liquidated on its maturity date.
Choose the ‘Auto Rollover’ option to automatically rollover deposits opened under the account
class. Term deposits that are open and marked for Auto Rollover will automatically be rolled
over during the Beginning of Day operations on the Maturity date. You can define the terms
and conditions for the new deposit while maintaining the deposit account in the ‘Details for
Deposit Type Account’ screen.
Close on Maturity
Check this field to close the term deposit account on maturity date and transfer the amount to
the principal liquidation account. If you select this option, the principal liquidation account
should be an account other than the term deposit account.
Month-end Maturity Deposit
Check this box to indicate that the deposit is a month-end maturing deposit, i.e., the deposit
matures on the last working day of the month.
If this box is checked at the account class, then during deposit input, if the account opening
date is the last working day of the month and the maturity date is the last day of the
subsequent month, then you need to specify tenor in Months. If this box is un-checked, then
4-2
the deposit is not considered as an month-end maturing deposit even though the deposit is
opened on the last working day of the month and the tenor of the deposit is across months.
During TD opening, a deposit is considered as a month-end maturing deposit only if the
following criteria are met:

The start date of the deposit is the last working day of the month

The tenor of the deposit is across months

The ‘Month-end Maturity Deposit’ box should be checked
An account class with ‘Month-end Maturity Deposit’ box checked can also have deposits that
are not month-end maturing deposits. A deposit is classified as an ordinary deposits (not
month-end maturing deposit) if the following criteria are met:

The deposit is not opened on the last working day of the month

The tenor of the deposit is across months but not month-end maturing

The deposit is opened on the last working day of the month, but the tenor is in Months
and Days.
Note
–
For month-end maturing deposits, holiday movement and movement across
months is not applicable.
–
During rollover, the deposit maturity date will be the last day of the month and if it is
a holiday as per the applicable holiday calendar, then the maturity date movement
is not applicable for month-end maturing deposits.
Auto Extension
You can specify whether prepayment needs to be allowed for the deposit accounts before the
maturity date of the deposit. However, if this option is not checked, the system will not allow
you to redeem the term deposit before the maturity date.
The system also allows you to indicate whether the deposit created on this account class has
to be extended to one more tenure (principal only). If you check this, the term deposit will be
closed on maturity, after the completion of the extended tenure.
4.2.1.1
Defining Specifications for Unclaimed Deposits
On the maturity date of a deposit, you can opt to:

Liquidate the deposit

Rollover the deposit

Move it to an ‘unclaimed’ GL
Profit for the term deposits liquidated during the specified schedules is handled in two ways:

If a customer account has been specified, profit is moved to the account during each
liquidation event

You can opt to move the profit to an ‘Unclaimed profit GL’. When claimed, the profit can
be paid out of this GL
Similarly, on maturity, the principal can be moved to specified Principal Liquidation Account,
if specified, or to an Unclaimed Principal GL.
4-3
Note
4.2.1.2
–
If you select the Move to Unclaimed GL option, this specification takes precedence.
That is, on maturity, the funds will be moved directly to the respective Unclaimed
GLs.
–
If ‘Move to Unclaimed’ is opted, then payout is not mandatory
–
The Unclaimed profit and Principal GLs are specified while maintaining an profit and
Charges (IP) Deposit Type product. The Accounting Roles for the GLs are
‘INT_UNCLAIMED’ and ‘PRN_UNCLAIMED’ respectively. When maintaining an IPDeposit type product, you have to map these Accounting Roles to the appropriate
GLs maintained at your bank.
Rate Chart Allowed
Check this box to indicate that the system should calculate TD interest based on the LDMM
float rate maintained in the ‘LD MM Floating Rate Input’ screen (CFDFLTRI). If you check this
box, the system will pick interest rates based on different tenors, amount slab, currency and
effective date for a TD. The rate is picked up at the time of booking. The rate is further picked
up only at the time of liquidation/ rollover/ redemption operations based on repopulation flag
at IC product level.
You will not be able to modify this preference once the record is authorised.
4.2.1.3
Deposit Amount Currency wise Limits
Deposit amount currency wise limits:
4.2.1.4

Currency - Specify the currency for which the minimum / maximum / top-up units to be
defined. The option list displays all active currencies maintained.

Minimum amount - Specify the minimum amount for which deposit should be created
under this account class. If the TD account is booked below the minimum amount then
the system displays an error message: “Deposit amount is less than the minimum
amount at account class”.

Max amount - Specify the maximum amount for which deposit can be created under this
account class. The system will display a configurable override if the deposit amount
contravenes the specified amount range or if the maximum amount is not specified.
Re-pick up Account Class Tenor On Rollover
If you check this box, the rollover tenor will be defaulted as 'Account Class tenor' at TD
account. During rollover the default account class tenor will be picked up.
You can change this preference anytime during the life cycle of TD. On changing this and
saving the record, the system displays a configurable override message “Re-pick account
class tenor on rollover restrictions exists at account class”.
4.2.1.5
Maintaining Holiday Treatment Details
Specify the following details:
4-4
Holiday Treatment
Holiday Calendar
Select the holiday calendar applicable to the account class from the adjoining drop-down list.
This list displays the following values:

Ignore - Select this option to ignore all other holiday parameters for the account class.
By default, this option is selected

Branch - Holiday calender will be based on the branch holiday maintenance of the
respective branch

Currency - Holiday calender will be based on the currency holiday maintenance done at
bank level for the respective currency

Both Branch & Currency - Holiday calender is based on both branch and currency
holiday maintenance
The holiday calendar is used to arrive at the maturity date. The holiday calendar defined at
the account class is applicable to all term deposits under the account class. You cannot
modify the ‘Holiday Calendar’ if there are active accounts under the account class.

Both Branch & Currency
For month-end deposits, if holiday calendar is applicable, then the account class holiday
calendar options indicate the following:

Ignore - Maturity date does not change even if it is a holiday, i.e., the maturity date will
be last day of the month. If you select this option, then system ignores all other values.

Deposit Branch Holiday - If the maturity date is a holiday as per the deposit branch
calendar, then system moves the maturity date to the last working day of the same
month.

Deposit Currency Holiday - If the maturity date is a holiday as per the deposit currency
calendar, then system moves the last working day to the same month.

Both Deposit Currency and Branch Holiday - If the maturity date is a holiday as per the
deposit currency and branch calendars, then system moves the maturity date to the last
working day of the month.
Holiday Movement
Select the working day to which the holiday should be moved from the adjoining drop-down
list. This list displays the following values:

No Change - If you select this option, then there is no change in the maturity date. Also,
system ignores the value selected for ‘Maturity Date Across Months’. By default, this
option is selected.

Previous Working Day - In case the computed maturity date is a holiday, then system
moves the maturity date to the previous working day for the corresponding Holiday
Calendar chosen.

Next Working Day - In case the computed maturity date is a holiday, then system moves
the maturity date to the next working day for the corresponding Holiday Calendar
chosen.
Holiday movement is adjusting the next maturity date when the maturity date falls on a
holiday, based on the Holiday Calendar chosen. 'Holiday Movement' is not applicable if you
select 'Ignore' option for 'Holiday Calendar'.
4-5
Note
You cannot modify the 'Holiday Movement' if there are active account under the account
class.
Maturity Date Movement Across Months
Select the maturity date movement across months from the adjoining drop-down list:

Allowed - If the computed maturity date falls on a holiday, then the maturity date can be
moved to the next/previous working day even it falls in a different month based on the
Holiday Movement option.

Previous/next working day of the same month - If the adjusted maturity date falls on the
previous/next month, then the system moves the maturity date forward or backward to
the next or previous working day of the same month.

No change in maturity date - If the adjusted maturity date falls on next/ previous month,
then the system ignores the movement and considers the computed maturity date as
the maturity date even it falls on a holiday.
Maturity date across months is applicable only when the maturity date is adjusted to previous
or next working day.
System displays an override message in the following cases:

When allowed, the maturity date is moved across months

when the maturity date is re-adjusted to the last working day of the month

When the calculated maturity date is used in case the maturity date movement to the
next month is not allowed
Whenever there is a change in the maturity date, system changes the rollover maturity date
accordingly.
System ignores the value of 'Maturity date movement across months' if you select the 'No
Change' option for 'Holiday Movement'.
Adhoc Holiday Change
Select the adhoc holiday change from the adjoining drop-down list. The adjoining drop-down
list displays the following values:

Change Maturity date and generate advice - System updates the maturity date and the
rollover maturity date as par the TD holiday calendar maintenance, generates an advice
to the customer.

Generate Advice - System generates an advice on deposits having maturity date falling
on a holiday.

No Action - There will not be any change in the maturity date. The system does not
generate any advices for the TD if this option is selected. By default, this option is
selected.
The adhoc holiday change is the change in branch and currency holiday calendar after
opening the TD due to adhoc change in holiday or branch transfer of the deposit. System
ignores the value of ‘Adhoc Holiday Change’ if you select the ‘Ignore’ option for ‘Holiday
Calendar’.
Applicable Deposit Tenor
Select the deposit tenor, applicable to the deposit for interest rate pick-up, from the adjoining
drop-down list. This list displays the following values:
4-6

Original Tenor - If you select this option, then system considers the tenor which is
defaulted from the account class or modified at the account level. By default,

Deposit Tenor - If you select this option, then system considers the tenor based on the
adjusted maturity date.
Note
On saving a deposit, if there is a change in maturity date due to holiday treatment, then
system displays the revised tenor as the deposit tenor due to the revision in maturity date.
4.2.1.6
Defining Redemption Details
Indicate the following preferences.
Profit Sharing
You can opt to consider all Mudarabah deposit accounts under this account class for
Mudarabah profit-sharing purpose. If you wish to achieve this, check the option ‘Consider for
Profit Sharing’. Once this option is checked, the profit sharing for Mudarabah deposit is done.
If ‘Consider for Profit Sharing’ is opted, then it is mandatory to specify the Mudarabah fund Id
in Preferences sub-screen.
Redemption
A deposit can be redeemed in two ways at maturity:

Principal component alone

Principal and profit components
You can choose the appropriate option from the following values displayed in the drop-down
list:

Principal

Principal+Profit
For all Mudarabah deposits that are considered for profit-sharing, the system allows only
principal redemption on the maturity date. The deposits remain in the ‘Active’ status till the
next profit distribution date. The profit is liquidated into the deposit only the next date of profit
distribution.
Pre-Redemption
In case of Mudarabah deposits that are redeemed before maturity, you can indicate the
components that should be paid at the time of redemption. You can choose from the following
values displayed in the drop-down list:

Principal

Principal+Profit
For such Mudarabah deposits, on the date of redemption the system re-computes the profit
for the period for which the profit has already been paid, using broken period rate. It then
deducts the computed amount from the Mudarabah deposits principal amount. The system
then credits the reduced principal amount to the payout account.
The deposit remains in the ‘Active’ status till the next profit distribution date from the date of
redemption.
In the case of premature redemption, the profit gets liquidated only after the profit calculation
and distribution has happened for that financial cycle. This is done by checking ‘Defer
4-7
Liquidation’ option in the ‘Islamic Profit Distribution Product’ screen. The profit will finally get
liquidated into the Payout account maintained.
4.2.2
Specifying the Auto Deposits
You can create an auto deposit in case the balance in the source account exceeds a certain
threshold. The auto creation of deposits is carried out as an end of day process. Click ‘Auto
Deposits’ button in the ‘Islamic Account Class Maintenance’ screen and invoke the following
screen.
For creating an auto deposit, you have to maintain the following parameters:
Account Class
For creating an auto deposit, you have to specify an account class of the deposit. The tenor
and profit conditions maintained for the selected account class will be defaulted.
Note
–
You cannot create an auto deposit if the Account class you have chosen has expired, that is, surpassed the end date maintained for the account class. The system
will log an exception in such a case.
Transaction Code
You have to specify the transaction code for the auto creation of the deposit.
Currency
Mention the currency in which the deposit is created.
Minimum Required Balance
The minimum balance indicates that only the amounts above this limit will be used for auto
creating deposits. You have to specify the minimum amount that the customer can retain in
the account.
Deposit Multiple Of
For an account you can indicate the amount, which will be the basis for the deposit amount
wherein the deposit amount will be in the multiples of the amount you specify here.
Def Rate Code
Select the code of the differential rate from the adjoining option list
4-8
Def Rate Type
Select the type of differential rate code; whether ‘Mid’ or ‘Buy’ or ‘Sell’.
Break Deposits First
Check the box to indicate whether you want the funds to be moved by breaking deposits
before breaking the deposit accounts. If you leave the box unchecked, the funds will be
moved first from the linked CASA accounts.
Sweep Mode
You can indicate the pattern in which sweep outs are created by selecting any on of the two
options:

Auto – Here the amounts are automatically swept out at the end of day when minimum
balance exceeds.

Manual – You have to manually initiate the sweep. The sweep will execute only those
instructions that are specified while account opening/ad hoc.
Break Method
You can choose to maintain the any of the following order of breaking deposits:

LIFO (Last In First Out)– Indicates that the last created deposit will be broken first

FIFO (First In First Out) – Indicates that the Earliest Deposit will be broken first

MAXB (Maximum Balance) – Indicates that the Deposits are broken in descending
order of available balance

MINB (Minimum balance) – indicates that the order of breaking of Sweep / Auto deposit
will be done for the Account / Deposit with the Minimum Balance
Provide Profit on Broken Deposits
You have to specify whether you want provide profit on deposits that were broken
prematurely. Check the box to indicate that you want to give profit for the deposits. Leave it
unchecked to indicate otherwise.
4.3
Setting Up Profit Preferences for TD
You need to set up a Profit/Charge product to handle the calculation of profit and charges on
a TD. You can set up a product using the ‘Islamic Profit Distribution Product Maintenance’
screen, invoked from the Application Browser. You can invoke the ‘Islamic Profit Distribution
4-9
Product Maintenance’ screen by typing ‘IADPRMNT’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
4-10
4.3.1
Linking TD Account Class to Profit Product
You can link the TD Account Class to the Profit product in the ‘Profit Preferences’ screen.
Click ‘Preferences’ button on the ‘Islamic Profit Distribution Product Maintenance’ screen and
invoke the following screen.
Here you can specify preferences for profit calculation and application on the accounts to
which this product is applied.
Account Details
You can indicate the TD accounts on which this product should be applied.
Account Class
Specify the account class of ‘Deposit’ type that you have maintained for creating TDs. The
adjoining option list displays all valid account classes maintained in the system. You can
select the appropriate one.
All TDs created under this account class will inherit the profit parameters maintained in this
screen.
4-11
Continue Variance on Rollover
Check this box to enable continued variance on rollover. If you check this, then the system
will default account variance as current value to the rollover deposit for the next cycle
If you do not check this, then the account variance will not be carried forward to next rollover
cycle
The field Continue Variance on Rollover cannot be modified at the product level after the first
authorization.
Refer the chapter ‘Creating an Islamic Profit Distribution Product’ in this User Manual for
details about setting up the product.
4.4
Creating Islamic TD
You can create a term deposit account using the ‘Islamic TD Accounts Maintenance’ screen.
To invoke this screen type ‘IADCUSTD’ in the field at the top right corner of the Application
tool bar and click the adjoining arrow button.
Specify the following details.
Branch Code
The system displays the branch code of the sign on branch.
Term Deposit Account Number
The system creates a unique reference number to identify the TD account number and
displays it here, on saving the record.
Term Deposit Currency
Specify the currency of the TD. A list of all the currencies maintained in the system is
displayed in the available option list. You can select the appropriate one.
4-12
SD User Reference
The system displays the SD user reference for the TD accounts.
Customer No
If you have included the CIF Number of the customer as part of the Account Mask, the system
automatically defaults the CIF code of the customer in the respective field. You will not be
allowed to modify this code.
However, while defining the Account Mask in the Account Parameters section of the Bankwide Parameters screen, if you have specified that the CIF Number should not be a part of
the account mask you will have to specify the customer code manually. A list of all the valid
customer codes is displayed in the available option list. You can select the appropriate.
Customer Name
On entering the Customer No, the customer name is automatically displayed.
Account Class
In Oracle FLEXCUBE, you can classify the customer accounts of your bank into different
groups. Each group is referred to as an account class and is maintained in the Account Class
Maintenance screen. For each class, you have to define certain common attributes applicable
to all accounts in the particular class.
While maintaining a specific account you have to identify the class to which the particular
account belongs. You can select the appropriate account class from the list of all the valid
account classes maintained in the system. Account classes that have surpassed their end
date (expired) will not be displayed in the option list.
Details maintained in this screen are classified into four tabs:
4.4.1
Main
Here you maintain the main attributes of the TD like the
account number, customer code, the account class, account
currency, type of account - single or joint, account status etc.
Nominee
Here you can capture nominee details for the TD.
Deposit
Here you specify deposit-specific details.
Dual Currency Deposit
In this tab, you can maintain details of a dual currency
deposit.
Main Tab
By default, the ‘Main’ tab is displayed when you invoke this screen. The fields in the Main
section are as follows:
Description
This is the description of the account. Here you can enter the nature of the account like
current, savings, overdraft, and so on. If a customer has two or more accounts under one
account class you can specify the purpose of that account.
Account type
You have to indicate whether the account is to be opened only by the account holder or
whether it can be jointly operated.
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Fund Id
Select the fund id of the fund to be considered for report generation from the adjoining option
list. The system defaults the value of Default Mudarabah Fund as fund id.
Country Code
To define the country limits for each individual country you have to select the country code
from the option list available.
Mode of Operation
Select the mode of operation from the drop-down list.
Account Open Date
You have to capture the date on which the account was opened.
Alternate Account Number
You have to define an alternate account number for the account you are defining. The
alternate account number that you specify should be unique for each customer. You can
capture the old account numbers used by your bank before installing the Oracle FLEXCUBE
system. The old account numbers would be mapped with the new account numbers. This
would facilitate quick tracking of the account and generating queries.
In the Data Entry Module, you can input a transaction using the alternate account number
instead of the actual account number.
Clearing Bank Code
The clearing bank code for the customer account is generated automatically if you have opted
for auto generation in the Branch parameters
Clearing Account Number
The clearing account number for the customer account is generated automatically if you have
opted for auto generation in the Branch parameters. The account number is created
according to the account mask you have maintained for the branch. This will be mandatory,
and has to comply with length of 9 characters and MOD 11 validation, if the value of the UDF
‘Clearing A/C Mandatory’ is maintained as YES in the Field Name to Value Definition screen.
However, you can choose to change this number here and the system validates this number
with the account mask you have maintained for the branch
IBAN Account Number
To capture the detail of the IBAN account for a specific customer, you have to enable the
‘IBAN Required’ option by enabling it. Subsequently, click the ‘M’ button. The IBAN details
sub-screen will be displayed.
In this screen, you can capture the IBAN Account Number as well as the bank code of the
bank where the IBAN account resides.
Address
Specify the address of the customer.
Location
An address for a customer account is based on the ‘Location’ and ‘Media’ combination.
Location codes maintained through the ‘Account Address Location Type Maintenance’ screen
are made available against this field. The address maintained here is always the primary or
the default address. Each customer can have several addresses for a particular media. To
distinguish between one address of a customer from another for a given media, it is essential
for you to specify a unique location for each address. Also, if you are amending an address
here, the same gets updated in the ‘Customer Account Address - Detailed’ table after the
validations are through.
4-14
Media
Select the media to communicate account related details to the customer, such as account
maintenance related charges, fees, profit etc. from the option list. You can choose either of
the following:

Mail

Telex

SWIFT

Fax
Linked Deposit Branch
Specify the linked deposit branch.
Linked Deposit Account
Specify the linked deposit account.
Zakat Exemption
When an account is opened in a branch, you need to clarify with the customer whether he or
she will pay Zakat or will seek exemption. Check this box to indicate that the customer seeks
exemption from Zakat charge.
Options
Indicate the following preferences.
Track Receivable
During liquidation of finance contracts as well as processing of retail teller contracts, if the
system detects insufficient funds in the settlement account, then you can choose to block the
subsequent credit that happens to the settlement account. In other words, the system will
track the account for receivables (credits). As and when a credit happens, the funds will be
allocated to the finance or retail teller contract, for liquidation. If the track receivable option is
checked for the account, the system will track the receivables for the account if sufficient
funds are not available in the account.
The allocation of funds will happen in a sequence that you specify at the account class level.
This is explained in the section titled ‘Maintaining Account Classes’.
Replicate Customer Signature
The signature of the customer gets defaulted from the account class level to account level.
This value is defaulted only if the customer type is individual with single mode of operation.
Intermediate
Intermediary Required
Check this box to link Intermediaries with Term Deposit.
Intermediary Code
Specify the intermediary code from the adjoining option list.
Intermediary Description
The system gives a brief description about intermediary code.
Intermediary Ratio
Specify the ratio of individual intermediary contribution against the Term Deposit account.
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4.4.2
Nominee Tab
Click ‘Nominee’ tab in the ‘Islamic TD Accounts Maintenance’ screen. The following tab will
be displayed.
Specify the following details:
Name
Specify the name of the nominee.
Date of Birth
Specify the date of birth of the nominee.
Relationship
Specify the relationship of the nominee with the customer.
Address 1 to 4
Specify the address of domicile of the nominee. Four lines have been provided for this. Each
line can have a maximum of 105 alphanumeric characters.
Minor
Check this box if the nominee is a minor.
Guardian Name
If the nominee is a minor, specify the name of the guardian.
Relationship
Specify the relationship of the guardian with the minor.
Address 1 to 4
Specify the address of domicile of the guardian. Four lines have been provided for this. Each
line can have a maximum of 105 alphanumeric characters.
4-16
4.4.3
Deposit Tab
Click ‘Deposit’ tab on the ‘Islamic TD Accounts Maintenance’ screen. The following tab will be
displayed.
Specify the following details:
Profit Start Date
Specify the date from which the profit accruals of TD account begins.
Deposit Tenor
The system calculates the tenor of the deposit account to the difference between Interest start
date and Maturity date and displays it. In case of change in maturity date, the system changes
the deposit tenor.
4-17
Note
System validates that the deposit tenor is within the minimum and maximum tenor allowed
for the account class. If this validation fails, then system displays the error message, “Rollover tenor does not fall in the range of minimum and maximum tenor allowed”.
You can modify the default tenor during the following:

Deposit account opening

Any time before maturity during the life cycle of the deposit

On rollover of the deposit
If you specify the tenor, the system computes the maturity date. If the maturity date computed
by the system falls on a holiday, then the system will adjust the maturity date as per the
holiday treatment maintenance at Account Class level and update the new tenor.
Once the record is authorized, you cannot amend the tenor.
The deposit tenor is represented in terms of years, months and days. For example, if the
deposit tenor is 185 days, it should be represented as 0 years, 6 months and 5 days. If you
select independent tenor, the you need to specify the values in the appropriate fields.
Years
This indicates the number of years in the deposit tenor.
Months
This indicates the number of months in the deposit tenor.
Days
This indicates the number of days in the deposit tenor.
Original Tenor
This indicates the original tenor of the deposit. You cannot change the original tenor
displayed. The system displays the default tenor or the tenor specified at account which is
arrived before the holiday movement
The original tenor is represented in terms of years, months and days. For example, if the
deposit tenor is 185 days, it should be represented as 0 years, 6 months and 5 days.
Years
This indicates the number of years in the original tenor.
Months
This indicates the number of months in the original tenor.
Days
This indicates the number of days in the original tenor.
Maturity Date
The system defaults the maturity date from the default tenor from the account class. However,
you can modify this date. On this date the term deposit account gets.
Auto Rollover
Check this field to automatically rollover the deposit you are maintaining. You have to indicate
‘Rollover Type’ on selecting this option
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Close on Maturity
Check this field to close the term deposit account on maturity date and transfer the amount to
the principal liquidation account. If you select this option, the principal liquidation account
should be an account other than the term deposit account.
Move Profit to Unclaimed
Check this field to move the profit amount to the unclaimed GL mapped at the IP product in
the accounting roles on maturity date of the term deposit account. If you select this option, the
principal liquidation account should be the term deposit account.
Move Principal to Unclaimed
Check this field to move the principal amount to the unclaimed GL mapped at the IP product
in the accounting roles and liquidate the profit amount to the profit booking account on
maturity date of the term deposit account. is moved and is liquidated. If you select this option,
the principal liquidation account should be the term deposit account
Term Deposit Amount
Specify the amount, which is paid for the time deposit account in the account currency.
If you have specified the percentage in the Pay-In options, on clicking the ‘Compute’ button,
the system computes the amount. And while saving, the system validates the sum of Pay-In
Amounts against the ‘TD Amount’ keyed in.
Note
The system will validate for the following:
–
The deposit amount should be equal or greater than minimum booking amount
maintained at the ‘Deposits Cluster Maintenance’ screen, else the system will
display the error message: as, “The deposit amount is less than the minimum
booking amount.”
–
The deposit amount should be a multiple of the booking unit maintained at the ‘Deposits Cluster Maintenance’ screen, else the system will display the error message:
as, “The deposit amount must be in multiples of booking unit.”
Computed Amount
System displays the computed amount here.
Next Maturity Date
On selecting the rollover for the TD account, the system defaults the next maturity date from
the previous tenor of the deposit.
The display of next maturity date is based on the rollover tenor selected.
Rollover Tenor
Indicate the rollover tenor for the TD account. You can select one of the following options:

Account class tenor - If you select this, the rollover tenor in days, months and years is
set to null. You cannot modify this. The system will not display the next maturity date,
as the default account class tenor is subject to change. During rollover, the system
updates it as the default account class tenor at the time of rollover.

Account tenor - This is the default value. If this option is selected, the system populates
the original tenor of the parent TD as the rollover tenor. The system displays the tenor
in days, months and years. You cannot modify this. The next maturity date will be
populated by adding the account tenor to the maturity date of child TD.
4-19

Independent tenor - If you select this, you can specify the deposit tenor in days, months
and years. The default value of the independent tenor will be null. The next maturity date
will be populated by adding the independent tenor to the maturity date of child TD.
The tenor specified should be within the minimum and maximum tenor specified at account
class. The tenor in months cannot be greater than 11 months. If tenor months are specified,
then tenor days cannot be greater than 30 days.
The account tenor is defaulted as the deposit and rollover tenor for the child TD after the
account class is populated.
Years
Specify the number of years in the rollover tenor.
Months
Specify the number of years in the rollover tenor.
Days
Specify the number of years in the rollover tenor.
Rollover Type
Select the rollover type. The following options are available.

Principal

Principal + Profit

Special Amount

Profit
Rollover Amount
If a special amount is to be rolled over, you have to specify the amount (less than the original
deposit amount) in this field.
Stock Catalogue Code
The system displays the Stock Catalog Code of the TD certificate number.
Certificate Number
The system displays the TD certificate number in Deposit Tab.
Duplicate
This box remains checked if the certificate number issued is duplicate for this account.
Payin Details
You can view the following details of the deposit:
Term Deposit Pay-in Option
Indicate the method for initial funding during account creation. Choose one of the following
options:

Pay In By Account

Pay In By GL
Percentage
Indicates the percentage of the amount to be deposited
Amount
Specify the amount being deposited to open a customer account.
4-20
Offset Branch
The system populates the branch code of the account from which fund is transferred to TD
account.
Offset Account
Specify the account number/ GL from which the fund is transferred to TD account. This field
returns the branch code if the account is selected and NULL is returned if GL is selected. If it
is Pay-In mode in GL then the system displays only GLs and if the Pay-In mode is Account
then only accounts are displayed in the option list.
Recurring Deposit
Specify the following details:
Auto Payment Take Down
Check this field to allow the recurring deposit account to debit the payment account for the
payment amount as per the installment frequency.
4-21
Move Maturities to Unclaimed
Check this field to move all the funds, on the maturity date, to the unclaimed GL mapped to
the accounting role in the IP product.
Payment Branch
Specify the details for the branch to which the payment account belongs.
Payment Accounts
Specify the Payment Account; this can be either savings account or the current account from
which the installment for the Recurring Deposit is collected as per the installment frequency
Installment Amount
Specify the installment amount that has to be collected from the payment account as per the
installment frequency. This installment amount should be greater than the minimum amount
mentioned at the account class.
Recurring Deposit Account
Check this field to indicate recurring deposit account.
Payment Date
Specify the date on which the payment needs to be done for recurring deposit account.
Payment Currency
Specify currency of the payment amount.
Note
–
The system enables the offset account and branch detail fields only if the option to
pay is selected as the savings account.
–
The Unclaimed Profit and Principal GLs are specified while maintaining an Profit
and Charges (IP) Deposit Type product. The Accounting Roles for the GLs are
‘INT_UNCLAIMED’ and ‘PRN_UNCLAIMED’ respectively. When maintaining an IPDeposit type product, you have to map these Accounting Roles to the appropriate
GLs maintained at your bank.
–
The system allows you to select ‘Close on Maturity’ box, only when you specify the
recurring deposit details. You have to maintain deposit transaction code as ‘DPN’
redemption transaction code as ‘RED’ and prepayment transaction code as ‘TRF’
for the recurring payments in the Branch Parameters for the Profit and Charges.
–
All recurring deposit payments are part of IP batch beginning of day activity.
Installment Frequency
Specify the following details:
Move funds on Overdraft
Check this option to indicate whether the Recurring Deposit account funds should move to an
unclaimed account if it is overdue
Days
Specify the installment frequency in terms of days.
Months
Specify the installment frequency in terms of months.
4-22
Years
Specify the installment frequency in terms of years.
4.4.4
Dual Currency Deposit Tab
Click ‘Dual Currency Deposit’ tab on the ‘Islamic TD Accounts Maintenance’ screen. The
following tab will be displayed.
Specify the following details:
Dual Currency Deposit
You can capture the following details for the deposit.
Linked Currency
This option is defaulted from the account class. However you can modify this value.
Currency Option Product
Specify the currency option product from the option list under which the Options Contract has
to be created in case of Dual Currency Deposit. The option list displays all the Option Products
with Product Type ‘CO.
Note
You need to mandatorily specify this product if the ‘Linked Currency’ is entered. You will
be allowed to capture this value here only if the option ‘Dual CCY Deposit’ is checked at
the ‘Account Class Maintenance’ screen. You will be allowed to modify this value even after authorization.
On saving the account, system validates the following to ensure that the currency option
product selected here has the below features:

Contract type is Trade

Option Type is Call

Deal Type is Buy

Option Style is Plain Vanilla
4-23

Barrier is not allowed

Delivery type is Physical

Expiration Style is American
Option Contract Ref No.
Specify the option contract reference number.
Exchange Rate
Specify the exchange rate of the currency.
Linked Currency Settlement A/c
Specify the settlement account of the linked CCY. Alternatively, you can also select the
settlement account from the adjoining option list. This settlement account is used if the
settlement has to take place in the Linked CCY, at maturity.
Linked Currency GL
Specify the GL used for posting the settlement entries in the linked currency. The adjoining
option list displays all valid GLs maintained in the system. You can select the appropriate one.
Fixing Days
Specify the number of days from TD maturity date before which the exchange rate has to be
fixed. This will be defaulted from the ‘Account Class Maintenance’ screen. However you
change it. Note that fixing days cannot be lesser than zero or greater than the tenor of the TD.
Yield Enhancement
Specify the additional percentage of yield that the customer receives for agreeing on a
currency Option.
Inception Fair Value
Specify the market value of the option contract at inception. This option is defaulted from the
linked Options contract.
4-24
4.4.5
Check List Tab
Click ‘Check List’ tab on the ‘Islamic TD Accounts Maintenance’ screen. The following screen
will be displayed.
Specify the following details:
Document Type
Specify the document type. The adjoining option list displays all the document types that are
maintained in the system. You can select the appropriate one.
Mandatory
Check this box to indicate that the document specified here is mandatory.
Expiry Date
Specify the expiry date of the document provided by the customer.
Note
–
Expiry date will always be greater than ‘Expected Date of Submission’ and ‘Actual
Submission Date’.
–
Expected Date of Submission will always be greater than current date.
Expected Date of Submission
System displays the expected date on which the customer is accepted to submit the required
documents.
4-25
Actual Submission Date
Specify the actual date on which customer has submitted the required documents.
Document Reference
System defaults the document reference here.
Checked
Check this box to indicate that the received documents are acknowledged.
You cannot save and authorize an account if the mandatory documents are not confirmed
as ‘Checked’.
Upload
Click on this button to upload the selected document type.
Delete
Click on this button to delete the selected document.
View
Click on this button to view the selected document.
Notification Details
System defaults notification details from the ‘Account Class Maintenance’ screen.
Send Notification
This check box indicates whether to send notifications or reminders for not submitting the
mandatory documents.
Frequency (Notification)
System defaults the frequency of notification to be sent. The frequency can be one of the
following:

Daily

Weekly

Monthly

Quarterly

Half yearly

Yearly
EMBED MSPhotoEd.3

- Note the following:
Notification will be sent only if,
–
The check box ‘Send Notification’ is checked in Account Class Maintenance’
screen.
–
The account status is active and authorized.
–
The mandatory documents are not submitted.

Notifications will be sent based on the frequency specified.

First notification will be sent on the expected date of submission or expiry date

If notification date falls on a holiday then system will send the notification on next
working day.
Days (Reminder)
System defaults the number of days left for the expiry or submission due date of the
documents for sending the reminder.
4-26
System will send the following reminders:

Reminder prior to the submission due date of the document.

Reminder prior to the expiry date of the document.

Overdue notifications after the due date if the document is not submitted based on the
frequency.

Notifications after the expiry date if the document is not submitted after the expiry date.
Note the following:

Reminder will be sent only if,
–
The mandatory documents are not submitted.
–
The account status is active and authorized.

Reminder will be sent only once.

If reminder date falls on a holiday then system will send the notification on next working
day.

Reminder will be sent prior the number of days specified at the account level from
expected date of submission or the expiry date.

If there are more than one notifications or reminders of the same message type for
which the notification schedule date falls on the same day for the same account, a single
notification will be sent which will have the details of all the related documents.
Remarks 1 to 10
Specify the additional information, if required.
4.4.6
Capturing Additional Details
You can capture additional details for the TD by clicking the following buttons in the ‘Islamic
TD Accounts Maintenance’ screen:
Button
Function
Profit
This invokes the ‘IP Special Conditions Maintenance’ screen.
Charges
This invokes the ‘Account level charges conditions’ screen.
Linked Entities
This invokes the ‘Linked Entities’ screen.
Restrictions
This invokes the ‘Products and Transaction Codes Restriction’
screen.
MIS
This invokes the ‘Management Information System’ screen.
Statement
This invokes the ‘Statement Details’ screen.
Joint Holders
This invokes the ‘Linked Entities’ screen
Fields
This invokes the ‘User Defined Fields’ screen.
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Account Signatory
This invokes the ‘Signatory Details’ screen.
TD Payout
Details
This invokes the ‘Term Deposit Payout Details’ screen.
Rollover History
This invokes the ‘Rollover History’ screen.
Change Log
This invokes the ‘View’ screen.
Note
In Rollover History, for Rollover Type, P = PRINCIPAL, I = PRINCIPAL + PROFIT, T =
PROFIT and S = SPECIAL AMOUNT.
For further information on Additional details, refer ‘TD Additional Details’ chapter of ‘Term
Deposits’ User Manual.
4-28
4.4.7
Specifying IP Special Condition Details
To define profit and other parameters for a TD, click the IP Special Condition’ button in the
‘Islamic TD Accounts Maintenance’ screen. The ‘IP Special Conditions Maintenance’ screen
is displayed.
In this screen, you can specify the following TD related preferences:
Profit Booking Account
Specify the account into which profit on the TD should be booked for the customer.
Continue Variance on Rollover
The system defaults it based on the Profit and Charges product. However, you can modify
this. If you modify this, during the save, the system will display a prompt ‘Continue variance
on Rollover Flag is modified’.
You can check this box to enable continued variance on rollover. If you check this, then the
system will default account variance as current value to the rollover deposit for the next cycle.
If you do not check this, then the account variance will not be carried forward to next rollover
cycle.
4-29
UDE Values
Variance
Specify the variance profit value alone. The effective rate will be the sum of the TD rate code
and the variance that you specify here.This value can be modified at any point of time.
Refer the section ‘Specifying Profit Details’ in the chapter ‘Creating Islamic Account’ in this
User Manual for further details.
Refer the chapter ‘Creating Islamic Account’ in this User Manual for further details about the
aforesaid buttons..
4.4.8
Specifying TD Payout Details
To define payout parameters for a TD account, click the ‘Term Deposit Payout Details’ button
in the ‘Islamic TD Accounts Maintenance’ screen. The ‘Term Deposit Payout Details’ screen
is displayed.
For further details related TD Payout Details, refer ‘TD Additional Details’ chapter of ‘Term
Deposits’ User Manual.
4.4.8.1
Capturing Payout Profit Details for Child TD
If you have opted for creation of a child TD on maturity of the parent TD, you need to specify
Profit details of the child TD. Click ‘Profit’ button on the ‘Term Deposit Payout Details’ screen
4-30
and invoke the ‘Term Deposit Profit’ screen. In this screen, the system defaults all the
parameters maintained for the parent TD. However, you can modify them.
This screen comprises two tabs viz:
4.4.8.2

Profit

Deposit
Profit Tab (Profit Preferences for Child TD)
You need to capture the following details here:
Profit Booking Account
Specify the accounts for booking profits on transactions processed at your bank, from the
adjoining option list.
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Profit Start Date
The system displays the Maturity date of the parent TD as the profit start date for the child TD.
However, you can modify it. Profit for this account will be calculated according to the special
conditions that you define subsequently.
Booking Account Branch
The current branch of the customer’s account will be defaulted here. However, you can modify
profit to a different account belonging to another branch also by specifying Profit Booking
Branch from the adjoining option-list. The accounts maintained in the selected Booking
Branch will be available in the option-list provided for Booking Account Branch.
Profit Statement
Check this box if you would like to generate a profit statement for the account. The Profit
Statement will furnish the values of the SDEs and UDEs and the profit rule that applies on the
account.
Cr Advices
Check this box to indicate that the system must generate payment advices when profit
liquidation happens on an account. The advices are generated in the existing SWIFT or/and
MAIL format. No advices will be generated if you leave this box unchecked.
The preference you have maintained in the Customer Account Class screen will be defaulted
here. However, you can choose to change your preference to generate or suppress these
Advices.
For further details related preferences for child TD, refer ‘TD Additional Details’ chapter of
‘Term Deposits’ User Manual.
4.5
Viewing Islamic TD Account Details
You can view the Islamic TD accounts details maintained in the ‘Islamic TD Accounts
Maintenance’ screen using the ‘Islamic TD Accounts Summary’ screen. You can invoke this
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screen by typing ‘IASCUSTD’ in the field at the top right corner of the Application tool bar and
clicking on the adjoining arrow button.
In the above screen, you can base your queries on any or all of the following parameters and
fetch records:

Authorization Status

Branch Code

Record Status

Account

Customer Number

Term Deposit Currency

Stock Catalog Code

Certificate Number
Select any or all of the above parameters for a query and click ‘Search’ button. The records
meeting the selected criteria are displayed.
Note
You can query or modify the account details of the customers whose accounts are permitted to you for the query/modification in the ‘Group Code Restriction’ screen.
If you are allowed to query customer information, system displays the following details
pertaining to the fetched records:

Authorization Status

Record Status
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4.6

Branch Code

Account

Description

Customer Number

Currency

Account Class

No Debits

No Credits

Stop Payments

Dormant

Account Open Date

Alternate Account Number

Cheque Book

Passbook

Account Number

Account Type

Frozen
Input and Authorization Limit Validation for TD
The role level limit set up for a user in ‘Role Limits Maintenance’ (SMDRLMNE) screen is
applicable for transactions on Islamic Term Deposit accounts. If the user has auto
authorization rights, while saving the transaction, input limit is validated first. If the input
amount is within the input limit then subsequently the authorization limit is validated.
At the time of input/authorization of a deposit transaction, if there is a breach of limit then
system displays a configurable override message.
Note
–
The role level limit set up done in SMDRLMNE screen is not applicable for branch
screens.
–
You can set up a common limit for each channel and for all the deposit transactions
done through a channel validation is done against that limit.
–
Limit restrictions will not be validated during deposit amendment.
–
Limit validations are applicable for excel upload.
Limit restrictions are not applicable for all type of simulation screens.Limit validation is not be
applicable for the following types of deposits:

Auto Deposit

Sweep

Structured Deposit.
Limit validation is applicable for the following types of transactions:

Term Deposit Opening – Term Deposit amount (Principal amount/Deposit Amount) is
considered as the transaction amount.
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
Term Deposit Redemption – The transaction amount is inclusive of Term Deposit
amount + Interest earned. Interest amount refers to the total interest earned before
deducting tax and penalty amount if any.

Limit control is applicable for partial redemption as well as for full redemption.

Manual renewal – In case of manual renewal the total renewal amount is validated
against the limit.The role level limit control should be applicable for the Term Deposit
transactions made through the following fast paths.
The role level limit control is applicable for the Term/Recurring Deposit transactions made
through the following screens:

4.7
IADCUSTD - Term Deposit Opening
IADREDMN - Term Deposit Redemption & Renewal
Redeeming TD
The redemption option enables you to redeem a term deposit. Using this option, you can do
a premature redemption, either in full or in part and also complete redemption on maturity of
the deposit. This screen also allows you to renew the TD. However, renewal of the TD is
enabled only if you have specified ‘Grace period for Renewal’ option for the account.
You can do this, by accessing the TD Redemption screen. You can invoke the ‘Term Deposits
Redemption Input’ screen by typing ‘IADREDMN’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
Only unclaimed TD accounts in grace days can be renewed. If you try to renew a TD which is
not in grace period, the system displays an error message “Only matured TD account can be
renewed”.
You have to specify the following fields for redeeming the TD.
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Reference Number
The system displays the reference number here.
Note
This field will be enabled only for the query mode.
Branch
Specify the branch where the TD resides. The adjoining option list displays all valid branch
codes maintained in the system. You can select the appropriate one.
Customer Identification
The customer identification (CIF) of the customer for whom TD needs to be renewed or
redeemed is displayed based on the TD account number.
Term Deposit Account Number
Specify the TD Account Number. You can also choose the appropriate one from the option
list. The option list displays the deposit type of accounts maintained in the system.
Note
The option list does not display auto deposit type of accounts.
Account Currency
The TD currency is displayed here based on the TD account number.
Account Description
A description of the TD is displayed here based on the TD account number.
Account Balance
The account balance is displayed here based on the TD account number.
Rollover/Redemption
Choose ‘Renewal’ option to renew the accounts that are within the grace period days. Choose
‘Redemption’ to redeem the term deposit.
Note
–
When a term deposit is moved to unclaimed on maturity date, you have to manually
renew or roll over the same term deposit. Once you choose the option, ‘Renewal’
the ‘Term Deposit Account Number’ field displays those accounts whose balances
are moved to unclaimed GL.
–
The accounting entries for redemption/renewal are passed only on authorization.
Rollover
Indicate the rollover tenor for the TD account. You can select one of the following options:

Account Class Tenor - If ‘Recompute Maturity Date on Rollover’ is checked at the
account class level, then by default, this option is selected. If you select this option, then
the following are applicable:
–
The value of ‘Default Tenor’ at account class is considered as the ‘Rollover Tenor’
during deposit rollover
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

–
During opening or modification within the term of the deposit, if you change the
defaulted value for ‘Rollover Tenor’ from ‘Account Class Tenor’ to ‘Account Tenor’
or ‘Independent Tenor’, then on save system displays the override message,
“Recompute Maturity Date on Rollover restrictions at account class will be ignored”.
–
On save, the system displays the ‘Next Maturity Date’.
Account Tenor - If ‘Recompute Maturity Date on Rollover’ is unchecked at the account
class level, then by default, this option is selected. If you select this option, then the
following are applicable:
–
The value of ‘Original Tenor’ of the deposit account is considered as the ‘Rollover
Tenor’ during deposit rollover.
–
During opening or modification within the term of the deposit, if you change the
defaulted value for ‘Rollover Tenor’ from ‘Account Tenor’ to ‘Account Class Tenor’,
then on save system displays the override message, “Recompute Maturity Date on
Rollover restrictions at account class will be ignored”.
–
On save, system updates the ‘Next Maturity Date’ with the sum of maturity date and
original tenor of the deposit.
Independent Tenor - Select this option to provide a different tenor, rather than default
from account class or account tenor. On selecting this option, you can specify the
Rollover Tenor in years, months and days combination. On save, system updates the
‘Next Maturity Date’ accordingly.
Years
Specify the number of years in the rollover tenor. You can edit this only in the case of
Independent tenor.
Months
Specify the number of years in the rollover tenor.
Days
Specify the number of years in the rollover tenor.
Next Maturity Date
On selecting the rollover for the TD account, the system defaults the next maturity date from
the previous tenor of the deposit.
Continue Variance on Rollover
The system defaults it based on the flag availability in the TD account level. However, you can
modify this flag.
If you check this, then the system will default account variance as current value to the rollover
deposit for the next cycle.
If you do not check this, then the account variance will not be carried forward to next rollover
cycle.
Redemption
Indicate the following details if you have chosen ‘Redemption’.
Redemption Mode
Select the mode of redemption from the following options.

Full Redemption - In this case, you can redeem the complete deposit balance of the
account. On save, the redemption amount will be equal to the account balance. Full
redemption will update the status of the deposit amount as closed. On complete
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redemption profit along with principal is redeemed. The redemption amount is equal to
the total of principle and profit amounts subtracted by penalty and tax amounts.

Partial Redemption - In this case you have to specify the redemption amount. Ensure
that that the redemption amount is less than the account balance. On partial redemption
only the principal amount is withdrawn where as the profit amount is liquidated only on
liquidation cycle.
Redemption Amount
Specify the redemption amount for the partial redemption. Ensure that that the redemption
amount is less than the account balance. On partial redemption only the principal amount is
withdrawn where as the profit amount is liquidated only on liquidation cycle.
Note
The system will validate for the following:
–
During partial redemption the withdrawal amount should be a multiple of withdrawal
unit maintained at the ‘Deposits Cluster Maintenance’ level, else the system will
display the error message as, “Withdrawal amount must be multiples of withdrawal
unit.”
–
Withdrawal amount should be greater than minimum booking amount maintained at
the ‘Deposits Cluster Maintenance’ level, else the system will display the error message as, “Withdrawal exceeds minimum balance level.”
Waive Compensation
Check this field to waive any compensation related to the deposit redemption.
Waive Profit
Check this box to waive of a particular profit that has been specified.
Tenor
Specify the following details for TD tenor in case you are renewing the TD.
Days
Specify the renewal tenor in terms of days.
Months
Specify the renewal tenor in terms of months.
Years
Specify the renewal tenor in terms of years.
Redemption By
Select the means of redemption from the following options:
4.7.1

Savings

General Ledger

Bank Check
Bank - Cheque Tab
By default, this tab is displayed when the screen is invoked. You can capture the following
details:
4-38
Cheque Details
Specify the following cheque details.
Bank Code
Specify the bank code of the Bankers cheque.
Cheque Date
Specify the cheque date for the redemption.
Cheque Currency
Specify the currency in which the cheque is drawn. The adjoining option list displays all valid
currency codes maintained in the system. You can select the appropriate one.
Cheque Amount
The amount being liquidated for the TD is displayed in the cheque currency.
Exchange Rate
In case the TD currency is different from the cheque currency; the exchange rate used to
convert TD currency into cheque currency is displayed here, based on the rate maintained for
the currency pair.
Beneficiary Details
Indicate the following details.
Beneficiary Name
Specify the name of the beneficiary for the redemption.
Passport/IP
Specify passport details for the beneficiary.
Narrative
Give a brief description for the redemption.
Address Line 1 to 3
Specify the address of the beneficiary for the redemption.
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4.7.2
Savings Tab
If means of redemption is ‘Savings’, then click ‘Savings’ tab.
You can capture the following details:
Savings Account Number
Specify the account number into which the TD has to be liquidated. The adjoining option list
displays all valid savings accounts maintained in the system. You can choose the appropriate
one.
Savings Account Currency
Based on the account number specified, the account currency is displayed here.
Exchange Rate
In case the TD currency is different from the account currency, the exchange rate used to
convert TD currency into account currency is displayed here, based on the rate maintained
for the currency pair.
Savings Amount
The amount being liquidated for the TD is displayed in the account currency.
Narrative
Give a brief description for the transaction, if required.
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4.7.3
General Ledger Tab
If you have indicated the means of redemption as ‘General Ledger’, then click the ‘General
Ledger’ tab on the ‘Term Deposits Redemption Input’ screen.
Specify the following details:
General Ledger Number
Specify the GL into which the TD has to be liquidated. The adjoining option list displays all
valid GLs maintained in the system. You can choose the appropriate one.
Exchange Rate
In case the TD currency is different from the transaction currency, the exchange rate used to
convert TD currency into transaction currency is displayed here, based on the rate maintained
for the currency pair.
Transaction Amount
The amount being liquidated for the TD is displayed in the transaction currency.
Transaction Currency
Specify the currency in which the TD should be liquidated. The adjoining option list displays
all valid currency codes maintained in the system. You can select the appropriate one.
Narrative
Give a brief description for the transaction, if required.
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4.7.4
Authorizing Transaction
For the transaction to be authorized, click ‘Authorize’ button. The following screen will be
displayed:
Note
The accounting entries for redemption/renewal are passed only on authorization.
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4.8
Viewing TD Redemption Details
You can view the details of TDs redemption using the ‘Term Deposit Redemption Summary’
screen. To invoke this screen, type ‘IASREDMN’ in the field at the top right corner of the
Application tool bar and click the adjoining arrow button.
You can query on records based on any one or all of the following criteria:

Authorization Status

Record Status

Reference Number

Account Number

Branch Code

Customer Id

Action Flag

Redemption By

Redemption Mode

Redemption Amount
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:

Authorization Status

Record Status

Reference Number

Branch Code

Account Number

Customer Id

Action Flag

Redemption By
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4.9
Redeeming TD Partially
On partial redemption of a TD, the system credits the redemption amount to the customer
payout account and debits it from the TD account. It recalculates the tenor for the redemption
amount i.e. completed tenor from the TD value date till the partial redemption date in months.
This indicates the reduced tenor.
It also recalculates the profit for the previous periods including the current period (till partial
redemption date) by considering the redemption amount as the TD amount for the reduced
tenor. It applies the broken weight during profit recalculation and arrives at a certain amount
- say Amount1.
It recalculates the profit for the remaining amount from TD start date till the last liquidation
period by considering the remaining amount as TD balance for the original tenor of TD and
arrives at another amount – say Amount2.
In case of TD pay-outs, the system captures the profit amount paid to the customer till date –
say Amount3.
If the profit for the previous periods has been already paid to the customer, then the customer
will be debited with the difference amount between already liquidated amount till the last
liquidation date and the newly recalculated profit (for redemption amount and remaining
amount). This means, the customer will be debited with [Amount3 – (Amount1 + Amount2)].
The balance amount after partial redemption will be considered as the new TD with the
original TD tenor by the system.
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5. Reports
5.1
Introduction
Information about the Islamic accounts can be retrieved as a report.
When you seek information in the form of a display, on the basis of certain parameters, you
generate a ‘report’. Typically, you would ‘query’ the system to provide your customer with
immediate information.
5.2
Mudarabah Monthly Average Balance Report on
Month End for Savings
The Mudarabah Monthly Average Balance Report on Month End for Savings provides details
of monthly average balance at month end for Mudarabah savings account. You can invoke
the screen by typing the code ‘IARMAVGB’ in the field at the top right corner of the Application
tool bar and click on the adjoining arrow button.
You can specify the following parameters here:
Last Day of the Month
Specify date of the last day of month for which you want to generate the report from the
adjoining calendar.
Financial Year
Specify the financial year for which you want to generate the report from the adjoining option
list.
Period Code
System defaults the period code of the specified Financial Year.
5.2.1
Contents of the Report
The parameters specified while generating the report are printed at the beginning of the
report. Other content displayed in the report is as follows:
5-1
Header
The following details are displayed in the header section:
Field Name
Field Description
Branch
Indicates Branch Code and Branch Name
Branch Date
Indicates Current Date of the Branch
User ID
Indicates User ID
Date & Time
Indicates the Date and Time when the report was generated
Module
Indicates module for which report is generated.
Body of the Report
The following details are displayed as body of the generated report:
5.3
Field Name
Field Description
Account Class
Indicates account class of the account number
Account Number
Indicates account number of the customer
Account Description
Indicates account description of the account number
Account Opening Date
Indicates account opening date
Balance
Indicates balance in the account
Last Declaration Rate
Indicates last declaration date
Mudarabah Monthly Average Balance Report on Profit
Distribution Date for Savings
The Mudarabah Monthly Average Balance Report on Profit Distribution Date for Savings
provides details of monthly average balance on profit distribution date for Mudarabah savings.
You can invoke the screen by typing the code ‘IARMBLPD’ in the field at the top right corner
of the Application tool bar and click on the adjoining arrow button.
5-2
You can specify the following parameters here:
Financial Year
Specify the financial year for which you want to generate the report from the adjoining option
list.
Period Code
System defaults the period code of the specified Financial Year.
Profit Distribution Date
Specify date profit distribution for which you want to generate the report from the adjoining
calendar.
5.3.1
Contents of the Report
The parameters specified while generating the report are printed at the beginning of the
report. Other content displayed in the report is as follows:
Header
The following details are displayed in the header section:
Field Name
Field Description
Branch
Indicates Branch Code and Branch Name
Branch Date
Indicates Current Date of the Branch
User ID
Indicates User ID
Date & Time
Indicates the Date and Time when the report was generated
Module
Indicates module for which report is generated.
Body of the Report
The following details are displayed as body of the generated report:
Field Name
Field Description
Account Class
Indicates account class of the account number
Branch
Indicates the branch code
Account Number
Indicates account number of the customer
Account Description
Indicates account description of the account number
Account Opening Date
Indicates account opening date
Currency
Indicates currency code of the account
Monthly Average Balance
(Account Currency)
Indicates monthly average balance of the account in
account currency
Monthly Average Balance
(Local Currency)
Indicates monthly average balance of the account in
local currency
Last Declared Rate
Indicates last rate declared
5-3
5.4
Mudarabah Monthly Minimum Balance Report on
Month End for Savings
The Mudarabah Monthly Minimum Balance Report on Month End for Savings provides details
of monthly minimum balance at month end for Mudarabah savings account. You can invoke
the screen by typing the code ‘IARMURBL’ in the field at the top right corner of the Application
tool bar and click on the adjoining arrow button.
You can specify the following parameters here:
Last Day of the Month
Specify date of the last day of month for which you want to generate the report from the
adjoining calendar.
Financial Year
Specify the financial year for which you want to generate the report from the adjoining option
list.
Period Code
System defaults the period code of the specified Financial Year.
5.4.1
Contents of the Report
The parameters specified while generating the report are printed at the beginning of the
report. Other content displayed in the report is as follows:
Header
The following details are displayed in the header section:
Field Name
Field Description
Branch
Indicates Branch Code and Branch Name
Branch Date
Indicates Current Date of the Branch
User ID
Indicates User ID
Date & Time
Indicates the Date and Time when the report was generated
5-4
Module
Indicates module for which report is generated.
Body of the Report
The following details are displayed as body of the generated report:
5.5
Field Name
Field Description
Account Class
Indicates account class of the account number
Branch
Indicates the branch code
Account Number
Indicates account number of the customer
Account Description
Indicates account description of the account number
Account Opening Date
Indicates account opening date
Currency
Indicates currency code of the account
Monthly Average Balance
(Account Currency)
Indicates monthly average balance of the account in
account currency
Monthly Average Balance
(Local Currency)
Indicates monthly average balance of the account in local
currency
Monthly Minimum Balance
(Account Currency)
Indicates monthly minimum balance of the account in
account currency
Monthly Minimum Balance
(Local Currency)
Indicates monthly minimum balance of the account in
local currency
No Of Dr Transactions
Indicates number of debit transactions in the account
Last Declaration Rate
Indicates last declaration date
Mudarabah Monthly Minimum Balance Report on Profit Distribution Date for Savings
The Mudarabah Monthly Minimum Balance Report on Profit Distribution Date for Savings
provides details of monthly minimum balance on profit distribution date for Mudarabah
5-5
savings account. You can invoke the screen by typing the code ‘IARMMPDR’ in the field at
the top right corner of the Application tool bar and click on the adjoining arrow button.
You can specify the following parameters here:
Profit Distribution Date
Specify valid profit distribution date for which you want to generate the report from the
adjoining calendar.
Financial Year
Specify the financial year for which you want to generate the report from the adjoining option
list.
Period Code
System defaults the period code of the specified Financial Year.
5.5.1
Contents of the Report
The parameters specified while generating the report are printed at the beginning of the
report. Other content displayed in the report is as follows:
Header
The following details are displayed in the header section:
Field Name
Field Description
Branch
Indicates Branch Code and Branch Name
Branch Date
Indicates Current Date of the Branch
User ID
Indicates User ID
Date & Time
Indicates the Date and Time when the report was generated
Module
Indicates module for which report is generated.
5-6
Body of the Report
The following details are displayed as body of the generated report:
5.6
Field Name
Field Description
Account Class
Indicates account class of the account number
Branch
Indicates the branch code
Account Number
Indicates account number of the customer
Account Description
Indicates account description of the account number
Account Opening Date
Indicates account opening date
Currency
Indicates currency code of the account
Monthly Average Balance
(Account Currency)
Indicates monthly average balance of the account in account
currency
Monthly Average Balance
(Local Currency)
Indicates monthly average balance of the account in local
currency
Monthly Minimum Balance
(Account Currency)
Indicates monthly minimum balance of the account in
account currency
Monthly Minimum Balance
(Local Currency)
Indicates monthly minimum balance of the account in local
currency
No Of Dr Transactions
Indicates number of debit transactions in the account
Last Declaration Rate
Indicates last declaration date
Mudarabah Quarterly Average Balance Report for
Savings
The Mudarabah Quarterly Average Balance Report for Savings provides details of quarterly
average balance of Mudarabah savings accounts. You can invoke the screen by typing
5-7
‘IARMAQBL’ in the field at the top right corner of the Application tool bar and click on the
adjoining arrow button.
You can specify the following parameters here:
Last Day of the Quarter
Specify date of the last day of quarter for which you want to generate the report from the
adjoining calendar.
Financial Cycle
Specify the financial cycle for which you want to generate the report from the adjoining option
list.
Period Code
System defaults the period code of the specified Financial Cycle.
5.6.1
Contents of the Report
The parameters specified while generating the report are printed at the beginning of the
report. Other content displayed in the report is as follows:
Header
The following details are displayed in the header section:
Field Name
Field Description
Branch
Indicates Branch Code and Branch Name
Branch Date
Indicates Current Date of the Branch
User ID
Indicates User ID
Date & Time
Indicates the Date and Time when the report was generated
Module
Indicates module for which report is generated.
5-8
Body of the Report
The following details are displayed as body of the generated report:
5.7
Field Name
Field Description
Account Class
Indicates account class of the account number
Branch
Indicates the branch code
Account Number
Indicates account number of the customer
Account Description
Indicates account description of the account number
Account Opening Date
Indicates account opening date
Currency
Indicates currency code of the account
Monthly Average Balance
(Account Currency)
Indicates monthly average balance of the account in account
currency
Monthly Average Balance
(Local Currency)
Indicates monthly average balance of the account in local
currency
Category
Indicates category
Mudarabah Quarterly Minimum Balance Report for
Savings
The Mudarabah Quarterly Minimum Balance Report for Savings provides details of quarterly
minimum balance for Mudarabah savings account. You can invoke the screen by typing the
code ‘IARMMQBL’ in the field at the top right corner of the Application tool bar and click on
the adjoining arrow button.
You can specify the following parameters here:
Report Date - Last day of the Quarter
Specify date of last day of the quarter for which you want to generate the report from the
adjoining calendar.
5-9
5.7.1
Contents of the Report
The parameters specified while generating the report are printed at the beginning of the
report. Other content displayed in the report is as follows:
Header
The following details are displayed in the header section:
Field Name
Field Description
Branch
Indicates Branch Code and Branch Name
Branch Date
Indicates Current Date of the Branch
User ID
Indicates User ID
Date & Time
Indicates the Date and Time when the report was generated
Module
Indicates module for which report is generated.
Body of the Report
The following details are displayed as body of the generated report:
Field Name
Field Description
Branch Code
Indicates Branch Code
Branch Name
Indicates Branch Name
Account Number
Indicates Customer Account number
Title of the Account
Indicates Account Title
Account Class
Indicates Account Class of the account
Account Opening Date
Indicates Date of opening account
Account Currency
Indicates account Currency code
Monthly Minimum Balance Month 1
Indicates monthly minimum balance for 1st month
Number of Debit Transaction During Month 1
Indicates number of debit transactions for 1st month
Monthly Minimum Balance Month 2
Indicates monthly minimum balance for 2nd month
Number of Debit Transaction During Month 2
Indicates number of debit transactions for 2nd month
Monthly Minimum Balance Month 3
Indicates monthly minimum balance for 3rd month
Number of Debit Transaction During Month 3
Indicates number of debit transactions for 3rd month
5-10
1. Annexure A - IP Rule Set-up
1.1
Introduction
This Annexure lists the Profit and Charge (IP) rules that need to be maintained for the Islamic
TD module of Oracle FLEXCUBE specifically for partial redemption of TD.
1.2
IP Rule Maintenance
The components required to calculate profit (the principal, period, and rate) are broadly
referred to as ‘Data Elements’. Data elements are of two types:

System Data Elements (SDEs)

User Data Elements (UDEs)
In addition to specifying how the SDEs and UDEs are connected through the formulae, you
also define certain other attributes for a rule using the ‘Profit and Charges Rule Maintenance’
screen. You can invoke this screen by typing ‘IPDRLMNT’ in the field at the top right corner
of the Application tool bar and clicking the adjoining arrow button.
You need to specify the following details:
On Account Opening Month
Check this box.
On Account Closure Month
Check this box.
1-1
SDE
Maintain the following SDEs:

DAYS

YEAR

DEPOSIT_AMOUNT
The SDE ‘DEPOSIT_AMOUNT’ holds the value of the TD account minus the redemption
amount.
UDE
Maintain the following UDE:

MUDARABAH_RATE
Type
Select the option ‘Rate’ from the adjoining drop-down list.
Get Latest
Select the option ‘Use Effective’ from the adjoining drop-down list.
Click ‘Formulas’ button and invoke the ‘Formulas’ screen.
You need to maintain one booked formulae.
Formula 1
Specify the following details:
Book Flag
Select ‘Booked’ from the adjoining drop-down list.
Debit/Credit
Select ‘Credit’ from the adjoining drop-down list.
Days in a Month
Select ‘30 Days’ from the adjoining drop-down list.
1-2
Days in a Year
Select ‘360’ from the adjoining drop-down list.
Accrual Required
Check this box.
Rounding Required
Check this box.
Click ‘Formula Wizard’ button and invoke the ‘Formula Wizard’ screen.
Specify the following expressions:
Case
Result
DEPOSIT_AMOUNT > 0
DEPOSIT_AMOUNT * (MUDARABAH_RATE/100) *
(DAYS/YEAR )
For details about the screen, refer the chapter ‘Maintaining Interest Rules’ in the Interest and
Charges User Manual.
1.3
UDE Value Maintenance
You can maintain UDE values for the rules using the ‘User Data Element Maintenance’
screen. You can invoke the ‘Interest & Charges User Data Element Maintenance’ screen by
1-3
typing ‘IPDUDVAL’ in the field at the top right corner of the Application tool bar and clicking
the adjoining arrow button.
For details about the screen, refer the chapter ‘Giving UDE Values for Condition’ in the
Interest and Charges User Manual.
In this screen, you need to maintain the following UDEs for the different IP products. Assume
that you have maintained the following IP products:
1.3.1

TD with Capitalization

Normal TD with Simple Profit

Recurring deposit Scheme
TD with Capitalization
You need to maintain values for the following UDEs under this product:
1.3.2

TD_1

TD_2

TD_3

TD_PNL

TAX_RATE
Normal TD with Simple Profit
You need to maintain values for the following UDEs under this product:

TD_1
1-4
1.3.3

TD_2

TD_3

TD_PNL
Recurring Deposit Scheme
You need to maintain values for the following UDEs under this product:

TD_1

OVERDUE_PENALTY

TAX_RATE
For the aforesaid rate code, you need to maintain rates and effective dates in the ‘Interest and
Charges Rate Input’ screen. You can invoke the ‘Interest and Charges Rate Input’ screen by
typing ‘IPDRATES’ in the field at the top right corner of the Application tool bar and clicking
the adjoining arrow button.
These rates are picked up by the TD module while processing profit applicable on a TD
account.
Refer the chapter ‘Floating Rate Codes for IP Module’ for details about rate maintenance.
1-5
2. Function ID Glossary
IARMMQBL .......................... 5-9
IARMURBL ........................... 5-4
IASCUSTD ......................... 4-33
IASREDMN ........................ 4-43
ICDPRABT ........................... 3-8
ICDPRCBT ........................... 3-4
ICDPRUPD ........................... 3-6
ICDRATES ........................... 1-5
ICDWTMNT .......................... 3-1
ICDZAKBA .......................... 3-13
IPDUDVAL ............................ 1-4
A
ADPRMNT .......................... 4-10
E
EIDMANPR ....................... 2-107
I
IADACCLS ............................ 2-2
IADCUSAC ......................... 2-35
IADCUSTD ......................... 4-12
IADREDMN ........................ 4-35
IARMAQBL ........................... 5-8
IARMAVGB ........................... 5-1
IARMBLPD ........................... 5-2
IARMMPDR .......................... 5-6
S
STDREXBT ........................ 2-34
2-1
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