Closure of TD/MIS/SCSS Account Menu Modified in DOP Finacle
TD / MIS / SCSS accounts closure menu has been modified to accept on 0340 or SB account only as repayment account.
In the case of BO accounts also, closure value will be credited to 0340 instead of 0339, on selecting 'Repayment Account only' option. After verification of closure, CXFER menu is to be used for transferring the amount from 0340 to 0339.​
This is as per instructions from Directorate.
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How what was the need for tranferring from bo settlment account.Rather than simplying the proceedure why it is getting too complicated.At counter we have been facing numerous issues>is this cbs?Does banks follow these cumbersome proceedures.
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