Some Suggestions on Finacle Agents Streamlining Program (FASP)

Suggestions on Finacle Agents Streamlining Program

1. To handle the Finacle speed issues the following methods may be adopted for the Agents, instead of the declared region-wise time slab this may be a permanent solution too. All the below lines are given only by logically without knowing the Finacle Architecture.
2. Agent should first credit the List Amount in their corresponding SB Account (or) the SB Account Should have sufficient Balance before creating Bulk Lists through their portal.
3. After creating Bulk Lists they should be allowed to post their transaction from their portal like online banking. All the entries in the bulk lists should be posted like Standing Instructions ( i.e., SB to RD ) and should be inserted with special field values
4. The Bulk List amount should be marked as Lien in the SB Account
5. On the next working date or on the same day the agent should submit the Bulk Lists with passbook in the counter to approve the transaction which was already posted by the agent along with SB Withdrwal voucher for the Total Amount.
6. Posting date should be the Current Working date.
7. Update method will be faster than insert method. And the update method will not create headaches like insert method (Insert Creates records by twice/thrice etc.,)
8. Total amount should be withdrawn from the SB account after the lien lifted from the SB Account Automatically and update remarks field in the SB Account with Bulk List Number.
9. Agents should be allowed to prepare their Bulk Lists after 18.00 hrs to 08.00 hrs (or) 18.00 hrs to 00.00 hrs. This will not affect the counter transactions and DC Closures.
10. If the Agent Bulk lists has not been approved by the counter or the agents fails to submit the bulk lists at the Counter till the default deadline(i.e., 15 or 31) all the records and un-posted records should be cleared and the lien should be lifted from the SB Account and a message to be sent to the Agent’s Mobile Number regarding the cancellation and also for re-submission.

Suggested by:

By S. Thiyagarajan, SPM, Kilaiyur S.O, Mayiladuthurai Division

raajansankaran@gmail.com