How to create a standing instruction order and use Sweep out (Doc ID 1966106.1)

Last updated on AUGUST 23, 2016

Applies to:

Oracle FLEXCUBE Universal Banking - Version 7.0 to 12.0.3 [Release 7 to 12]
Information in this document applies to any platform.

Goal

Standing payment order for complete available money on customer account should be moved to an account in another bank (BANK B).

The customer account will be used for a cash lodgment. Customer is coming to the branch and he is depositing cash to his account. Money should be moved to the bank account (BANK B) So that the money should be available in bank account (BANK B) 

Solution

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