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21 CHARACTER UCR NUMBER

21 CHARACTER UCR NUMBER. AIMS. To address the problems related to advance and bulk payments and consignment goods. Exporters receiving advance payment often do not have an invoice or order number ready to include in the UCR. Bulk payments require the processing of individual amounts

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21 CHARACTER UCR NUMBER

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  1. 21 CHARACTER UCR NUMBER Updated 2006-11-01

  2. AIMS • To address the problems related to advance and bulk payments and consignment goods. • Exporters receiving advance payment often do not have an invoice or order number ready to include in the UCR. • Bulk payments require the processing of individual amounts • The processing of bulk payments is time-consuming and not efficient Updated 2006-11-01

  3. NON-COMPLEX EXPORTS Month of the year: Jan (A), Feb (B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. Normal payments (1) Sequence of Exports for the month (2) Customer client code (6) 21 Characters No change up to character 11 Updated 2006-11-01

  4. ADVANCE PAYMENTS Month of the year: Jan (A), Feb (B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. Advance payments (1) Sequence of Exports for the month (2) Customer client code (6) Annexure 4.3 21 Characters No change up to character 11 Updated 2006-11-01

  5. BULK PAYMENTS (1) Month of the year: Jan (A), Feb (B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. OPTION 1: Exports up to 99. Bulk payments (1) Sequence of Exports for the month (2) Customer client code (6) Annexure 4.3 21 Characters No change up to character 11 Updated 2006-11-01

  6. BULK PAYMENTS (2) OPTION 2: Exports greater than (>) 99 for January Month of the year: Jan (A), Feb (B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. Bulk payments (1) Sequence of Exports for the month (2) Customer client code (6) Annexure 4.3 21 Characters No change up to character 11 Updated 2006-11-01

  7. IN PRACTICE Scenario 1: Full payment for 99 export consignments SAD 500 INFORMATION 4ZA00011111USF003A01B – R1 m 4ZA00011111USF003A02B – R1 m 4ZA00011111USF003A03B – R1 m 4ZA00011111USF003A04B – R1 m 4ZA00011111USF003A05B – R1 m 4ZA00011111USF003A06B – R1 m 4ZA00011111USF003A07B – R1 m 4ZA00011111USF003A08B – R1 m 4ZA00011111USF003A09B – R1 m 4ZA00011111USF003A10B – R1 m Up to export consignment 99 4ZA00011111USF003A99B – R1 m BOP INFORMATION 4ZA00011111USF003A01B – R1 m 4ZA00011111USF003A02B – R1 m 4ZA00011111USF003A03B – R1 m 4ZA00011111USF003A04B – R1 m 4ZA00011111USF003A05B – R1 m 4ZA00011111USF003A06B – R1 m 4ZA00011111USF003A07B – R1 m 4ZA00011111USF003A08B – R1 m 4ZA00011111USF003A09B – R1 m 4ZA00011111USF003A10B – R1 m Up to export consignment 99 4ZA00011111USF003A99B – R1 mil Any one UCR no can be quoted on BOP + bulk amt of R99m Annexure 4.3 Updated 2006-11-01

  8. IN PRACTICE (cont) Scenario 2: Partial bulk payment of R90m SAD 500 INFORMATION 4ZA00011111USF003A01B – R1 m 4ZA00011111USF003A02B – R1 m 4ZA00011111USF003A03B – R1 m 4ZA00011111USF003A04B – R1 m 4ZA00011111USF003A05B – R1 m 4ZA00011111USF003A06B – R1 m 4ZA00011111USF003A07B – R1 m 4ZA00011111USF003A08B – R1 m 4ZA00011111USF003A09B – R1 m 4ZA00011111USF003A10B – R1 m Up to export consignment 99 4ZA00011111USF003A99B – R1 m BOP INFORMATION 4ZA00011111USF003A01B – R1 m 4ZA00011111USF003A02B – R1 m 4ZA00011111USF003A03B – R1 m 4ZA00011111USF003A04B – R1 m 4ZA00011111USF003A05B – R1 m 4ZA00011111USF003A06B – R1 m 4ZA00011111USF003A07B – R1 m 4ZA00011111USF003A08B – R1 m 4ZA00011111USF003A09B – R1 m 4ZA00011111USF003A10B – R1 m Up to export consignment 99 4ZA00011111USF003A99B – R1 mil Any one UCR no can be quoted on BOP + bulk amt of R90m Annexure 4.3 Updated 2006-11-01

  9. CONSIGNMENT GOODS Month of the year: Jan (A), Feb B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. “C” for consignment goods in 21st digit! Sequence of Exports for the month (2) Customer client code (6) Annexure 4.3 21 Characters No change up to character 11 Updated 2006-11-01

  10. Explanation of slides 4, 5, 6 & 7 • Up to 11th character/digit the UCR is exactly the same. • For the next 6 digits – 12 to 17 – the exporter must create a customer code for the client to whom he exports, i.e., it must be 6 digits long. The exporter decide how to compile this code limited to 6 digits. It may also reflects he payer. • The next character, 18, will indicate the month, i.e., A = Jan, B= Feb, etc. • The next 2 characters, 19 & 20, is the sequence of the export for the month up to 99. That is option 1 (slide 5). • If the exporter has to send more than 99 (i.e. 111) consignments in January to the same client, then he goes over to M = Jan, N =Feb, etc. So the 111th export in January will be “M11” on the 18, 19 & 20th digits. That is option 2 (Slide 6). • To reduce the number of transactions to be reported on BOP for bulk payments. i.e., where one payment covers these 111 export consignments, the exporter quote any one of these bulk UCR numbers & the amount of, say, R111m . • Our system will go and match it off against all the exports to this particular client for January, by using only one of the UCR numbers generated in January (Scenario 1, Slide 7) • If client make two payments of say R99 m and R12 m, then we will mark off the R99 m against the first 99 export consignments. The next R12 m will be use to mark off the next 12 export consignments (Scenario 2, slide 7). Thus, only one transaction need to be processed over BOP. Annexure 4.3 Updated 2006-11-01

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