Oracle FLEXCUBE Universal Banking Remittances 12.0.3 Course Overview

Oracle FLEXCUBE Universal Banking Remittances 12.0.3 Course Overview

The Oracle FLEXCUBE Universal Banking Remittances 12.0.3 course provides comprehensive training on the remittance module of the Oracle FLEXCUBE Universal Banking solution. Learners will delve into the Funds Transfer, Payments and Collections, and Standing Instructions domains, gaining expertise in key operational areas.

Starting with Module 1, participants will explore the intricacies of the Funds Transfer Domain, learn how to maintain branch parameters, manage BIC codes, set up financial products, enter contracts, and understand the full contract life cycle processes.

In Module 2, the focus shifts to Payments and Collections, where students will again work with branch parameters, define product categories, and handle contracts from creation to completion.

Module 3 provides a deep dive into Standing Instructions, equipping learners with the skills to manage recurring transactions efficiently.

This course will enable participants to proficiently manage remittance-related functions within a banking institution, enhancing their professional development in the financial technology sector.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

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  • Live Online Training (Duration : 24 Hours)
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Course Prerequisites

To ensure the successful undertaking of the Oracle FLEXCUBE Universal Banking Remittances 12.0.3 course, students should meet the following minimum prerequisites:


  • Basic understanding of banking operations and principles, especially pertaining to funds transfer, payments, and collections.
  • Familiarity with general financial concepts such as contracts, standing instructions, and product management within a banking context.
  • Knowledge of SWIFT and BIC codes, and their role in international banking transactions.
  • Some exposure to or experience with banking software systems, though not necessarily Oracle FLEXCUBE.
  • Ability to navigate and comprehend software applications, as the course involves hands-on practice with the Oracle FLEXCUBE interface.
  • Analytical skills to understand the workflow and life cycle of banking transactions.
  • Willingness to learn and adapt to new software functionalities and banking regulations.

Please note that while prior experience with the Oracle FLEXCUBE system is beneficial, it is not a mandatory requirement for undertaking this course. The training is designed to guide participants from foundational concepts to more advanced functionalities within the remittance modules of Oracle FLEXCUBE.


Target Audience for Oracle FLEXCUBE Universal Banking Remittances 12.0.3

Oracle FLEXCUBE Universal Banking Remittances 12.0.3 course offers in-depth knowledge on funds transfer, payments, and standing instructions.


  • Banking IT Professionals
  • Oracle FLEXCUBE Consultants
  • Core Banking System Administrators
  • Remittance Operations Officers
  • Banking Software Implementation Specialists
  • Financial Systems Analysts
  • Technical Support Engineers for Banking Software
  • Bank Operations Managers
  • Business Analysts in Banking Sector
  • Product Managers for Banking Solutions


Learning Objectives - What you will Learn in this Oracle FLEXCUBE Universal Banking Remittances 12.0.3?

Introduction to Learning Outcomes and Concepts Covered

This Oracle FLEXCUBE Universal Banking Remittances 12.0.3 course equips learners with the knowledge to manage funds transfers, payments, collections, and standing instructions using the FLEXCUBE system.

Learning Objectives and Outcomes

  • Understand the Funds Transfer Domain and its relevance in the banking sector.
  • Learn to maintain Branch Parameters to tailor the FLEXCUBE system to specific branch needs.
  • Gain proficiency in maintaining BIC codes, crucial for international banking communications.
  • Master the process of setting up various banking products within the FLEXCUBE system.
  • Acquire the skills to accurately enter contracts into the FLEXCUBE system.
  • Comprehend the entire Contract Life Cycle Processes to manage contracts effectively from initiation to completion.
  • Understand the Payments and Collections Domain for handling customer transactions.
  • Learn to define Product Categories to streamline and categorize banking services.
  • Develop the ability to manage Standing Instructions to automate recurring banking operations.
  • Enhance operational efficiency within the bank through the effective use of the FLEXCUBE Universal Banking solution.