Creating a Bundle
Creating a cash management structure (bundle) has three stages.Draft, Preliminary, Live
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Allows creation of master / bundle arrangement for summary, currency, transaction and master transaction accounts.
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Updates the bundle arrangement status from draft to pending live with all the accounts created.
Set GoLive Date
PUTUpdates golive date for the master arrangement. This is the date from which the master arrangement will become effective.
Add Accounts
PUTUpdates new accounts to the preliminary or modify the existing accounts from the preliminary structure.
Creating Internal FX
You can define an intra-cash pool transaction between transaction Accounts that are in different currencies without affecting the currency top accounts balances using the exchange rates set as Internal FX. In AA, a new product is created under the “Relationship Pricing” product line called, Internal FX. Under this product, the user can define the exchange rates for each currency pair that is used when the system performs intra-cash pool transactions. Internal FX will allow the corporate customer to perform cross-currency movements without affecting the bank’s currency positions.
Creating Internal FX
POSTInternal foreign exchange allows the corporate customer to perform cross-currency movements without affecting the bank currency positions.
Disburse Loan
Loan disbursements refer to the drawdown of the loan principal, which can be in a single disbursement or tranches. The proceeds of the disbursal can be channelized into a customer or customer-authorised account available within the bank or externally. In the former case, loan disbursements can be automatic (using a settlement account) or manual. In the latter case, funds can be transferred to another bank using clearing and other payment mechanisms.
Loan Disbursement
POSTCreate the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment