INTERBranch

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Data Access
Suppose a customer has an account in Branch B of the bank but comes to branch A
and wants to perform a cash withdrawal from the account in Branch B. The teller can
carry out this transaction exactly the same way as he would perform an intra-branch
cash withdrawal. On entering the account number of the inter-branch account, the
details of that account will be populated in the relevant fields of the teller transaction
fields. The cash denomination information will still come from the local branch’s
database. For all inter-branch transactions we assume that there is some way of
identifying the branch from the account number.
On saving the transaction, the following entries will be made at the local and remote branch.
Here each branch is assumed to have an inter-branch account of every other branch
in the bank. E.g. suppose a bank has three branches, branch A, branch B, branch C.
 
Branch A will have: Branch B will have: Branch C will have:
Inter Brach Accounts for
Branch B & Branch C
Inter Brach Accounts for
Branch A& Branch C
Inter Brach Accounts for
Branch A & Branch B
 
Entries for Inter-Branch cash withdrawal of 1000 INR from branch B at branch A.
Entries at Branch B:
Inter-branch account for branch A – credit by 1000 INR
Customer’s Account - debit by 1000 INR
 
Entries at Branch A:
Inter-branch account for branch B – debit by 1000 INR
Give the 1000 INR out to the customer.
   
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