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## 6.2 Withdrawal Entry

This topic describes the systematic instruction to capture cash withdrawal details.

The user can either manually enter the withdrawal entry data or fetch the data by selecting the external reference number, which auto-populates the fields in the screen. There can be two cash recipients for the cash withdrawal entry, namely, ‘Corporate’ and ‘Courier’.

- Corporate: On the withdrawal date, the cash is directly collected by the corporate. The bank user captures the cash withdrawal request.
- Courier: On the withdrawal date, the courier agency having tie-up for cash delivery, collects the cash from the branch and delivers it at the Corporate Delivery point specified in the withdrawal request.

When a cash withdrawal request is submitted by the bank user, a lien marking request is processed and a lien is marked in the debit account for the requested amount. In case the cash withdrawal request is edited again and submitted, then the existing lien number is canceled, and a new lien marking request is sent. Similarly, if a cash withdrawal request is received from an external channel, a lien marking request is sent by the Oracle® Banking Cash Management module to the bank’s core system, only if the system parameter flag (Block Amount) is set to ‘Y’. Upon validation of corporate details, the lien is marked in the debit account for the requested amount, till the withdrawal date. On the withdrawal date, the lien marking can be canceled and a new one created, if there is a change in the exchange rate (between requested amount and account currencies) or if the withdrawal entry is edited and submitted by the bank user. Once the requested is authorized, the earn marking is released and the Cash Withdrawal accounting entry is posted for the lien amount. Liens that are not released on the withdrawal date, are released as part of an EOD batch job.

Specify User ID and Password, and login to Home screen.

1. On Home screen, click Cash Management. Under Cash Management, click Collections.
2. Under Collections, click Cash Transaction. Under Cash Transaction, click Withdrawal Entry.
   The Withdrawal Entry screen displays.

   Figure 6-5 Withdrawal Entry

   Description of "Figure 6-5 Withdrawal Entry"
3. Specify the fields on Withdrawal Entry screen.

   Note:

   The fields marked as Required are mandatory.
   For more information on fields, refer to the field description table.

   Table 6-4 Withdrawal Entry - Field Description

   Field | Description
   --- | ---
   Withdrawal Date | Displays the date of placing the withdrawal request.
   Lien Number | Displays the reference number of the lien placed on the requested amount.
   Lien Amount | Displays the amount that has been blocked, or the amount on which lien has been marked.
   Lien Date | Displays the date of placement of the lien.
   External Channel | Displays the channel through which the withdrawal request is received.
   External Reference Number | Click the search icon and select the reference number generated by the external system. Selecting the external reference number auto-populates the other fields in the screen and displays the card details such as Withdrawal Date, Lien Number, Lien Amount, Lien Date, and External Channel.
   Branch Name | Select the bank’s branch from where the cash is being withdrawn. This field displays values based on your access rights. This field cannot be modified once authorized.
   Corporate | Click the search icon and select the corporate for whom the cash withdrawal is being requested. This field cannot be modified once authorized.
   Debit Account Number | Click the search icon and select the corporate’s account number from where the cash is withdrawn.
   Cheque Date | Click the calendar icon and select the cheque date if the corporate needs to withdraw the amount through inward cheques. This field cannot be modified once authorized.
   Cheque Number | Specify the cheque number to be used for withdrawal. This field cannot be modified once authorized.
   Slip Number | Specify the slip number by using which the cash withdrawal is requested. This field cannot be modified once authorized.
   Corporate Reference Number | Specify the reference number provided by the corporate for the withdrawal. This field cannot be modified once authorized.
   Withdrawal Amount | Select the cash currency and enter total amount being withdrawn. Click the information icon () to view all currencies maintained for the branch.
   Exchange Rate | Displays the exchange rate between the withdrawal amount currency and the debit account currency.
   Debit Amount | Displays the debit amount after exchange rate conversion.

4. Click Personnel in the Recipient Details section, if the withdrawn cash is collected by the corporate.
   The Recipient Details - Personnel section displays.

   Figure 6-6 Recipient Details - Personnel

   Description of "Figure 6-6 Recipient Details - Personnel"
5. Specify the fields on Recipient Details - Personnel screen.

   Note:

   The fields marked as Required are mandatory.
   For more information on fields, refer to the field description table.

   Table 6-5 Personnel Recipient Details - Field Description

   Field | Description
   --- | ---
   Recipient Name | Specify the name of the corporate.
   ID Proof Type | Select the identification proof displayed/submitted by the corporate.
   ID Proof Detail | Specify the unique identification number from the ID proof.
   Contact Number | Specify the corporate’s contact number.

6. Click Courier in the Recipient Details section, if the withdrawn cash is collected by the courier agency.
   The Recipient Details - Courier screen displays.

   Figure 6-7 Recipient Details - Courier

   Description of "Figure 6-7 Recipient Details - Courier"
7. Specify the fields on Recipient Details - Courier screen.

   Note:

   The fields marked as Required are mandatory.
   For more information on fields, refer to the field description table.

   Table 6-6 Courier Recipient Details - Field Description

   Field | Description
   --- | ---
   Courier | Click the search icon and select the courier agency name.
   Consignment Number | Specify the unique consignment number assigned to the cash delivery transaction.
   Consignment Date | Click the calendar icon and select the date on which the consignment is assigned.
   Delivery Point | Click the search icon and select the delivery point form where the cash will be delivered to the corporate.

8. Click Add icon to add a row of denomination in the Denomination Details section.
   The Withdrawal Entry - Denomination Details screen displays.

   Figure 6-8 Withdrawal Entry - Denomination Details

   Description of "Figure 6-8 Withdrawal Entry - Denomination Details"
9. Specify the fields on Withdrawal Entry - Denomination Details screen.

   Note:

   The fields marked as Required are mandatory.
   For more information on fields, refer to the field description table.

   Table 6-7 Denomination Details - Field Description

   Field | Description
   --- | ---
   Denomination Type | Select the denomination type as Note or Coin.
   Denomination Value | Specify the total value of the selected denomination.
   Count | Specify the count of the denomination.
   Denomination Amount | Displays the denomination amount as auto-calculated as the denomination value multiplied by the count.

10. In the Action column of the grid, click Edit icon to edit the denomination record, or click Delete icon to remove the denomination record.
11. In the Miscellaneous Details section, perform the following steps:
    1. In the No. of Miscellaneous Fields box, specify the number of fields required.
    2. In each Miscellaneous Field box, specify the name of the field.
12. Click Save to save the record and send it for authorization.
    The request to block/lien the withdrawal amount is sent to the core system.

Parent topic: Cash Transactions