STANDING INSTRUCTIONS (SI)

In Finacle, standing instructions can be entered, modified, suspended or deleted,

depending on the necessity.
Entry of Standing Instruction
Menu option – SIM (Standing Instruction Maintenance)
Invoke menu – SIM
1.Function – Enter
Option Activity
A To add new record.
C To Copy previous record.
I To make inquiry of standing instruction.
M To modify standing instruction
D To delete standing instruction.
U To undelete standing instruction
V To verify standing instruction
C To cancel standing instruction.
Select the valid code and press F4. The cursor will appear in SI Class field.
2.SI Class – Default populated value is C (Customer Induced). Press Tab or F11.
3.Cust ID – Give the customer Id.
4.SOL Id – Give the sole Id where the account is maintained.
5- EXECUTION DETAILS : The frequency at which standing instruction has to be
executed by the system is to be given here. Frequency May be :
1- Daily
2- Weekly
3- Fortnightly
4- Monthly
5- Quarterly
6- Half yearly
7- Yearly

6. Execution Time – Valid values are

B The S I will be executed at the Day beginning.
D The S I will be executed at the Any time during day.
A The S I will be executed at the After Business Hours.
E The S I will be executed at the Every Time.

7. Next Execution Date – Enter the date on which the SI will be executed first time.
Press
Ctrl+X to bring today’s date.

8. Auto Post - Value is default

. If Option is Y
whenever SI is executed, the system will post the transactions automatically and
user need not go to TM (Transaction Maint.) menu option to post these
transactions.
If option is N
then the transactions created during execution of this SI will remain in Entered
state. User has to
go into TM and post them.
9. End Date – Enter the date on which SI to be ended.
10. Suspended Upto – Enter the date upto which SI will not be executed.
Means, suppose, if the starting date is 20.11.2002 and End date is 20.11.2003 and
on 01.02.2003, customer
comes and request to suspend the SI till 20.04.2003, then this date can be entered
 in this field. This means, SI will not be executed on 20.02.2003 and 20.03.2003.

11. Accept Event – Press F2 to select the valid charge event . Select valid option code.
1- SIA To accept event
2- SIF To failure event
3- SIE To Execute Event
The charges are applicable to customer induced S I’s only. The charges
transaction created for SI execution , and SI failure report during the EOD operation.
For the purpose of charges calculation batch job run during sol EOD . If a charge is not
posted , it will be proxy posting. For single S I one type of charge Either Success or
Failure charge is collected.
12. Chrg Rate – Default is NOR (i.e. Notional Rate).
13. Dr. Acct –give the account number from where the charges will be deducted by the
system automatically.
14. Delete tran if not posted – Default is N. If the transaction is not posted due to any
reason and if this field is kept as N, the system will keep the transaction in Entered
state, otherwise , the transaction will be automatically deleted by the system on
unsuccessful execution of the SI.
15. Carry Forward – Default is Y. System will carry the instruction onward.
16. Max times – enter number of days. If the Carry Forward field is kept as Y and value
for Max times field is entered, the system will carry forward the SI for the number of
days entered in Max times field, if not successfully executed.
17. Remarks – free text.
18. Closure Remarks – free text.
The system will bring Sub Instruction screen. The cursor is in Option field. At the
right-top side Sub Instruction Serial No. 1 is displayed.
Debit part of SI -
19. Option – Enter E. Press F4.
20. Amount Ind – Valid values are F-Fixed, V-Variable, C-Contra Balancing, T-Table
Code. In our example we have to debit SB A/c 01929 by Rs.5000/- i.e. we have to debit
the a/c by fixed amount, so in this field enter F.
21. Part Tran Type – Valid values are C-Credit and D-Debit. In our example we have to
debit the a/c, so make it D.
22. Create Memo Pad – Y.
23. Currency – INR.
24. Fixed Amount – This field will be mandatory as we have made Amount Ind field as
F. Enter Rs.5000/-. Press F4. System will bring part tran details screen.
25. Account Number – Enter the account, which you want to debit. In our example it’s
01929. Press Tab.
26. Amount Indicator – Enter P (Percentage). Press Tab.
27. Percentage to be applied – Finacle has the capacity to collect SI amount form one
or more accounts. Procedure is given below
Case 1
Enter 100. This is because, we want to debit full amount of Rs.5000/- from
only one account
Case 2
Enter If customer instruct to debit 30% of Rs.5000/- from one account and
rest 70% (of Rs.5000/-) from another account, we need to enter 30 in this field
and press Down arrow, enter account no, press tab, enter P, press Tab and
enter 70 in the percentage field).
28. Press F4.
29. The cursor will come back to Option field. We have only completed Debit part of SI.
To enter Credit part of SI, Enter E (which is already there in the field) and press F4.
Credit part of SI –
30. Amount Ind – C (Contra balancing). This is because, we are entering contra part of
the SI.
 31. Part tran Type – C (Credit), because we want to credit Rs.5000/- to the account.
32. Create Memo Pad – Y.
33. Currency – INR. Press F4.
35. Account Number – Enter the account, which you want to credit. Press Tab.
36. Amount Indicator – Enter P (Percentage). Press Tab.
37. Percentage to be applied – Finacle has the capacity to deposit SI amount in one or
more accounts. Procedure is given below
Case 1- Enter 100. This is because, we want to credit full amount of Rs.5000/- to
only one account.
Case 2 If Customer instruct to credit 30% of Rs.5000/- to one account and rest 70%
(of Rs.5000/-) to another account, we need to enter 30 in this field and press Down
arrow, enter account no, press tab, enter P, press Tab and enter 70 in the percentage
field.
38. Press F4.
39. The cursor will come back to Option field. Now that we have completed debit and
credit parts of SI, we can save the SI. Press F10 to Commit/Save .
40. Note down the SI Serial No. and press F3 twice. You back in the main menu.
VERIFICATION OF STANDING INSTRUCTION
Menu Option SIM (Standing Instruction Maintenance)
Invoke meun SIM
1. Function – V (Verify). Press Tab.
2. SI Srl.No. –
Enter SI Serial No. which you wish to verify. If you forgot to note the SI Serial No. you can
press F2 to get the list of unverified Sis , select the one which you wish to verify. Press F4. The
general details will appear on the screen. Check the details. PressF4. The cursor will appear on
Option field with the Debit part of the SI on your screen. Check it.

3. Option – Enter P. Press F4. Check the account and other details. Press F3.
4. Option – Press Down Arrow. The system will display credit details of SI. Press P (which is
already displayed in the field) and F4. Check the account and other information. Press F3.
5. Option – Press F10 to commit/save. The SI is verified. Press F3 to come out of the menu option.
How to enter SI for Draft
Menu Option – SIM
Example – Enter SI, to prepare a draft of Rs.500/- (drawn on BO: SANSAD MARG, NEW DELHI ,
favouring P N SHUKLA ) on the 1st day of every month, by debiting A/c 01929 (customer ID
D10052288).
Invoke Menu SIM
1. Function – A (Add). Press F4.
2. SI Class – C (Customer Induced)
3. Cust id – D10052288
4. SI Frequency – M-Blank-Blank-1-N
5. Execution time – D (Anytime During Day)
6. Next Execution Date – 01-12-2002 (enter appropriate date). Press F4.
To Enter DD related transaction details -
7. Option – E (Enter). Press F4.
8. Amount Ind – F (Fixed)
9. Part tran Type – C (Credit)
10. Create Memo Pad – Y
11. Currency – INR
12. Fixed Amount – 500. Press F4.
13. Account Number – DD. Press F4.
14. Amount Ind – P (Percentage)
15. Percentage – 100. Press F6. The system will bring ‘Issue of DD’ screen. Leave City
Name as blank.
16. Drawn on – Bank Code – 024. Branch Code – 1005.
17. Payee Name – Anant Jadhav
 18. Purchase A/c No. – 01929.
19. Purchaser Name – This will automatically appear.
20. Print Option – I (Immediate). Press F4. The cursor will appear in the A/c No. field of
previous screen. Press F4. The cursor will appear in Option field.
To enter commission on DD related transaction–
21. Option – E(Enter). Press F4.
22. Amount Ind – T (Table Code)
23. Part tran type – C (Credit)
24. Create Memo Pad – Y
25. Currency – INR
26. Fixed Amount – 500. Go to the ‘Amount Table Code’ field by pressing Tab.
27. Amount Table Code – Press F2. Go to list item DDCOM (Commision on DD/MT/TT).
Select it by pressing Shift+F4.Press F4.
28. Account No. – Type COMM, press F2. Go to ‘INC COMM ON DRAFTS &
TRANSFERS’, select it by pressing Shift+F4.
29. Amount Ind – P (Percentage)
30. Percentage to be applied – 100. Press F4. The cursor will appear in Option field.
To enter debit account details –
31. Option – E (Enter). Press F4.
32. Amount Ind – C (Contra Balancing)
33. Part tran type – D (Debit)
34. Create Memo Pad – Y
35. Currency – INR. Press F4.
36. Account No. – 01929
37. Amount Ind – P (Percentage)
38. Percentage – 100. Press F4.The cursor will come back to option field. Press F10 to
Commit/Save the SI.
Verify the SI as explained above.

EXECUTION OF STANDING INSTRUCTION

Menu option – SIE
1. Execution Time –Enter D or E. Press F4.
2. System will bring Print parameter acceptance form.
3. Fore/Background – Enter F.
4. Print Required – N. Press F10. Wait till until progress indicator (which is on the
bottom-right corner of the screen) comes back to green. Press F3. The system
generates execution report for all the SI s selected of the type mentioned in steps 1.
Please see the report.
Menu option – PR (Print Report)
Make sure the cursor appears before ‘Standing Instruction Execution Report’. Type T
and press F10. The report will appear on the screen. If the status of the SI is
‘Submitted for Post means, SI is successfully posted. Otherwise, note the transaction
id (e.g. ) generated for the SI. Type Q in the green bar which appears below
the report and Press F4.
Press F3. Even if the status of SI is ‘Submitted for Post’ or anything, please check the
transaction in TM and if it is not posted by the system, please post it.
Reports & Inquiries –
SIRP – Standing Instruction Register Printing
Invoke meuu option : SIRP
Enter the selection criteria and press F4 . This will generate standing instruction
register . System will take you to report printing process.
SI Executed during the day :
Invoke menu option SIETR give the selection criteria and press F4 . This will generate
report of executed standing instruction during the day.
Printing of Standing Instruction Advice to customer:
Invoke menu option : SIADVC , give selection criteria . Press F4 . System will generate
With this option voucher for standing instruction can be printed.