Open ended transfers have been the pride of the Phoenix suite; they offer the customer the flexibility to transfer funds from their accounts to virtually any account in the bank. One constraint to this service was that the banking host had to be available for destination account validation. In turn this would mean that open ended transfers could not be offered after banking hours. This limitation resulted in a timing based inconsistency in the services offered to the customer.
Phoenix now supports Open ended transfers in offline mode. Previously Phoenix used to rely on the banking host interface’s availability to validate destination accounts in “Open Ended Transfers”. In order to facilitate the customer, especially during non-banking hours, a more improved form of offline destination account validation has been added. To confirm the availability and validate the destination account, Phoenix attempts to look up the destination account in its internal databases. If the account is located, Phoenix then confirms the availability of this account as a destination account and presents the customer with the account details (Title, etc…). This in turn results in open ended transfers being offered throughout the day.
