Creating a Bundle
Creating a cash management structure (bundle) has three stages.Draft, Preliminary, Live
-
Allows creation of master / bundle arrangement for summary, currency, transaction and master transaction accounts.
-
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.
Block or Unblock Commitment and Term
The deal commitment term can be blocked or unblocked based on the customer's request after deal creation for a particular period.
-
Existing deal level commitment term is blocked
-
Existing deal level commitment term is unblocked
-
There could be adverse credit rating of the customer as part of the periodic review and bank would like to restrict further credit exposure. In such cases when the facility is blocked further drawdowns are not allowed while the existing drawings can be serviced.
-
There could be adverse credit rating of the customer as part of the periodic review and bank would have restricted further credit exposure and stipulated some mitigants to be fulfilled by customer based on which the restrictions on credit exposure can be lifted. This API is used to unblock the facility commitment.