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  • Set Up Sweep Between Transaction Accounts

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    Ram Mohan Mishra
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    This document outlines the process for setting up a sweep between transaction accounts: 1. A request is received to set up an internal sweep between accounts belonging to a customer. 2. The balance netting administrator searches for and selects the bundle account and transaction account involved. They then decide on the sweep type. 3. Details like the link account, rule, frequency, and minimum/maximum amounts are captured depending on whether the accounts use the same or multiple currencies. 4. The link account is checked to ensure it belongs to the same bundle before the sweep is set up. If not, an error message is displayed and the transaction aborted.

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    This document outlines the process for setting up a sweep between transaction accounts: 1. A request is received to set up an internal sweep between accounts belonging to a customer. 2. The balance netting administrator searches for and selects the bundle account and transaction account involved. They then decide on the sweep type. 3. Details like the link account, rule, frequency, and minimum/maximum amounts are captured depending on whether the accounts use the same or multiple currencies. 4. The link account is checked to ensure it belongs to the same bundle before the sweep is set up. If not, an error message is displayed and the transaction aborted.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    2 views1 page

    Set Up Sweep Between Transaction Accounts

    Uploaded by

    Ram Mohan Mishra
    This document outlines the process for setting up a sweep between transaction accounts: 1. A request is received to set up an internal sweep between accounts belonging to a customer. 2. The balance netting administrator searches for and selects the bundle account and transaction account involved. They then decide on the sweep type. 3. Details like the link account, rule, frequency, and minimum/maximum amounts are captured depending on whether the accounts use the same or multiple currencies. 4. The link account is checked to ensure it belongs to the same bundle before the sweep is set up. If not, an error message is displayed and the transaction aborted.

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    © All Rights Reserved
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    of 1

    27/04/21 Set Up Sweep Between Transaction Accounts

    TEMENOS Banking Reference Processes


    Set Up Sweep Between Transaction Accounts Last change: 17-Mar-2021 12:05:15
    Type: EPC

    Sweep between
    transaction
    accounts to be
    set up

    Request Form Receive request


    Balance Netting
    to set up internal
    Administrator
    Sweep

    Transfer between transaction accounts

    ENQ Search and select


    Balance Netting
    AA.FIND.ARR Bundle account of
    Administrator
    ANGEMENT... customer

    Search and select


    ENQ
    Transaction Balance Netting
    BN.TR.IN.BU
    account of the Administrator
    NDLE
    Bundle

    ENQ
    Decide on sweep Balance Netting
    BN.TR.IN.BU
    type Administrator
    NDLE

    Maintenance/ Zero Balancing


    Surplus Sweep Sweep

    ENQ Check currencies ENQ Check the


    Balance Netting Balance Netting
    BN.TR.IN.BU of the accounts BN.TR.IN.BU currencies of the
    Administrator Administrator
    NDLE involved NDLE accounts involved

    Same currency Multiple currencies Same currency Multiple currencies


    involved involved involved involved

    AC.CASH.PO AC.CASH.PO AC.CASH.PO AC.CASH.PO


    Capture Sweep Balance Netting Capture Sweep Balance Netting Capture Sweep Balance Netting Capture Sweep Balance Netting
    OL,BNSWEE OL,BNSWEE OL,BNSWEE OL,BNSWEE
    details Administrator details Administrator details Administrator details Administrator
    P PFX PTWO PTWOFX

    - Link Account - Link Account - Link Account - Link Account


    - Rule - Rule - Rule - Rule
    - Frequency - Frequency - Frequency - Frequency
    - Minimum/ Maximum amount - Minimum/ Maximum amount - Sequence - Sequence
    - Sequence - Sequence - C/B Link Account
    - C/B Link Account - C/B Sweep Account
    - C/B Sweep Account

    PO Check Link Account

    SYS

    Link account
    Link account
    does not belong
    belong to the
    to the same
    same Bundle
    Bundle

    Display error
    PO Set Up Sweep PO message

    SYS SYS

    AC.CASH.PO
    OL,BNSWEE
    Sweep set up P
    completed
    AC.CASH.PO
    OL,BNSWEE
    PTWO
    AC.CASH.PO
    OL,BNSWEE
    PFX
    AC.CASH.PO
    Balance Netting
    OL,BNSWEE Abort transaction
    Administrator
    PTWOFX

    Sweep set up
    aborted

    Temenos R21 Proprietary & Confidential 1

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