CBS - PRE MIGRATION ACTIVITIES

CBS - PRE MIGRATION ACTIVITIES

Written By Admin on May 9, 2014 | Friday, May 09, 2014

CORE BANKING SOLUTION

(PRE MIGRATION ACTIVITIES)

Core Banking Solution (CBS) is a network of post offices, which enables customers to operate their accounts and avail account related services from any post office. It replaces the existing sanchay post. The difference between sanchay and CBS is very simple. Sanchay Post is a LAN (Local Area Network) based application. CBS on the other hand is a centralized application with internet base.

CBS will make the job stress free as there will not be any possibility of data manipulation at any stage. There will be master data for each customer with a unique customer id. This will also link one account with all other accounts.

In the first phase, the core banking solution with finacle software will be implemented in all Head Post offices. All savings data ie SB, RD, NSC, KVP, MIS, TD, PPF along with all discontinued schemes, should be updated in sanchay post or in the tool supplied by the department.

As the modification is very difficult and risky job in finacle, all postmasters should see that the information should be fed with accuracy. The following are some important tasks to be completed immediately before migration to make the CBS success.

CERTIFICATES

Segregate all live applications from the binder and file the same in separate binders (say 200 or 300 for each) and allot serial no to the all binders.

Handover the binders to the infoysis vendors one by one.

Check the feeding cent percent and put a remark CHECKED on the binder.

Settle all discrepancies, if any, on the end of the day itself with top most priority as it is almost all impossible after migration.

A register with binderwise and with the columns date, type, binder no, appln from-to, total no of applns, no of applns completed, no of applns due in the binder, remarks should also be maintained daily.

DATABASE ANALYZER

Install and run latest DB Analyzer ie DBA+ and settle all discrepancies immediately.

Install and run latest DET and settle all discrepancies immediately.

A register with columns date, type, nature of discrepancy, total No, settled today, balance due, remarks.

PASSBOOKS VERIFICATION

Call for all SB passbooks ie SB/RD/TD/PPF etc through SB 46 notices and verify the same with the PB Vfn Tool.

Settle all discrepancies immediately by checking with original vouchers.

Verify all closed TD accounts, which may likely be shown as live in sanchay module.

A register with columns date, type, total no of passbooks existing, passbooks reced for vfn, verified, balance, remarks.

MISCELLANEOUS

Clear all minus balances immediately and maintain a register with columns date, OB, raised today, total, cleared today, balance, remarks.

Clear all SBCO Objections immediately and maintain a register with columns date, OB, raised today, total, cleared today, balance, remarks.

Complete labeling of all silent accounts immediately.

Open savings accounts to each MPKBY and SAS agents and upload the same with sanchay module.

Verify SB-63 and SB-85 registers and see that the same may be updated