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.
Migration
Migration on loans involves transferring loan contracts, including contract details, bills (IDs, properties, amounts), and balance specifics.
Migrate Loans
POSTMigration of a legacy system loan contract to the given product by providing the original contract date, principal amount, term, payment frequency and start date, etc.
Migrate Bills
PUTCaptures the bill information of the loan such as bill id, property names, bill amount etc. This is used to migrate the bills of a legacy contract which is migrated from other system & update the bill details
Migrate Balnaces
PUTCaptures the balance details of the mortgage loan such as balance type, due amount etc. This is used to migrate the balances of a legacy contract which is migrated from other system & update the balance details.