Bank Accounts (Infrastructure Corporate Client)

Corporate Client Details

External organisation unit code (supplied by the client) and the client's legal name

Account Name

Name of registered account holder

Account Number

Bank account number

Start Date

Effective date from which account can be used

End Date

Date of termination of use of the account

NEW

Flows to the New Corporate Client Bank Account dialog box to record new account details.

OPEN

Flows to the Corporate Client Bank Account Details dialog box to update account details.

DISCONTINUE USE

Flows to the Delete Corporate Client Bank Account dialog box to discontinue the use of an account. Records 'today’s' date as the end date.

ACCOUNT LIMITS LIST

Flows to the Corporate Clients Bank Account Limit List screen to manage the relevant transaction limits for the selected account.

Bank Details

Name

Call Bank List (i.e. List of Banking Institutes) to select from (See Bank Structure section)

Links:

With reference to the section Bank Details, the Bank List and Bank Branch Info must be set up in SYSTEM DATA>BANK STRUCTURE

Branch Details

Branch

Call Bank Branch Info List (i.e. List of Branch(es) linked to Bank) to select from (see Bank Structure section)

Bank Code

Populated as a result of the call made for the branch in Branch details.

Account Details

Account Type

Type of operating account, e.g. Current Account or Savings Account.

Number

Bank account number

Do not capture spaces between the numbers into the Bank account number field or capture the member account Name in the numerical field.

Note:

The Account Type and Account number must be checked to be correct as allocated by the bank. This data is used in "downstream" processes making or receiving payments and should it fail validation against the bank then the payment will NOT take place.

Roll Number

The Building Society Roll Number.

Note:

If the Account Type selected is BUILDING SOCIETY, then Roll Number will be enabled for capture.  This field will accept special characters.

This field has a sort code of 6 digits and an account number of 8 digits, and in addition a roll number of 15 characters, 5 digits followed by a forward slash and then 10 digits e.g. 0505/1111111111.  The forward slash can be captured anywhere in the number.

IBAN Number

International Bank Account Number.

Start Date

Effective date from which account can be used

End Date

Date of termination of the use of the account

Account Name: Initials

The initials of a person who is the account holder. 

Surname/Company

The surname of a person who is the account holder, or the name of the Company who is the account holder. 

Bank Interface

The bank interface service that must be used for this bank account.  The drop down box displays a list of the different types of services available, i.e. Barclays Kenya, Barclays Zambia, Cashfocus, Nedinform, CPS, ACB, LDC, CPY, FNB Online, BIB, etc.

Mandate

A tick in this box indicates that a Mandate agreement is in place with this client, allowing the client to collect funds from this Bank Account.

Note:

This field is only enabled if the Bank Interface selected is Nedinform.

Line Number

In cases where a Mandate exists, the Line Number is used by the Bank to identify the bank account to be used when processing EFT’s (Electronic fund transfers) between banks. This is a form of authorisation that the Client uses to approve the movement of funds from their Client.

This number must be checked to be correct as allocated by the bank.  The number is used in downstream processes making or receiving payments, and should it fail validation against the bank, payment will NOT take place.

Note:

In the case of regular payments to a foreign bank, e.g. annuity payments, this field will be used for the number used by the bank for the set up of the member’s banking details.  In the case of UK this is known as the Line Sheet Number.

Status

The status of the account holder validation, e.g. NOT VALIDATE, VALIDATED, REJECTED, USER VALIDATED, etc.

When any of the fields on the bank account record are updated, the status field will be updated to NOT VALIDATED.

Only needed if BANK INTERFACE is LDC.

Note:

The account holder validation (AHV) via LDC only validates account numbers for ABSA, First National Bank (FNB) and Standard Bank (SBSA).  Where the account is held at any other bank, the status will be able to be updated to MANUAL VALIDATE and the user ID of the person who updated the status will be displayed.  The authorizer can take this into account when checking the status of the account.

Registration Status

The FICA registration status of the bank account.

SWIFT Bank ID Code

Society for Worldwide Interbank Financial Telecommunication Bank Identifier Code.

Note:

This field is 15 characters long and can be alphabetical or numerical.

Foreign Payment Cut-Off Time

The cut-off time for foreign currency payments.

SELECT

Allows the user to select an occurrence from the listbox when function enabled. Returns to the relevant calling procedure (function disabled here).

NEW

Flows to the New Corporate Client Bank Account Limit dialog box to capture the new account limit detail.

OPEN

Flows to the Corporate Client Bank Account Limit Details dialog box to update existing account limit details.

Corporate Client

External Organisation Unit Code supplied by the client and the client's legal name

Account Details

Account Holder and Account Number

Effective Date

The date on which the limits take effect

Account Limit Details

Monthly limit (CR)

Account Limit Credit value

Monthly limit (DR)

Account Limit Debit value

Daily Limit (CR)

Account Limit Credit value

Daily Limit (DR)

Account Limit Debit value

Transaction limit (CR)

Account Limit Credit value

Transaction limit (DR)

Account Limit Debit value