How to handle Outstation Cheques in Finacle?
Use HIRM menu and follow below mentioned steps:-
- Invoke the menu HIRM.
- The details of the cheque and the account number have to be keyed in using the Lodge option.
- Finacle will automatically collect the collection charges.
- Verification should be done for the lodged cheque.
- Send the cheque physically to the outstation location.
- If the cheque is cleared - intimation coming from outstation location - the Realize function needs to be invoked in HIRM menu and submitted.
- If the cheque is dishonoured - the dishonour function to be invoked and submitted in HIRM menu option.