Interest Accruals
Interest accrual is the accumulation of interest on funds that are deposited into an interest-bearing account over a period. It can occur daily, monthly, quarterly, or annually depending on the account terms. The below service operations are used to retrieve the interest accrued for various time frames.
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Retrieve the accrued interest details of virtual accounts for the current period.
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Retrieve the interest details of virtual accounts for the previous period.
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Retrieve the total interest details of virtual accounts.
Sweep
Sweeps are a movement of funds from one virtual account to another targeting to maintain the defined minimum or maximum amount of account balances. You can set up balance sweeps among virtual accounts that are part of the same structure and currency. You can also perform sweeps among accounts in a cash pool group.
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Retrieve the processed sweeps.
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Retrieves sweep with rules which will be checked against to see if a transfer of funds needs to be made from one account to another.
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Retrieves the cashpool group details of the virtual accounts.
Balances
Finances of a cash management structure has the following balance information.
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Retrieves the balances of Master/Bundle Arrangement
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Simulated Balances
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Retrieves the balances of a TR Account
Account Details
Account details include displaying of transaction account summary and the details of the accounts individually under a bundle.
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Retrieve the arrangement details of a bundle, summary accounts, currency summary accounts and virtual accounts.
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Retrieves the account details of a Bundle arrangement
Syndicated Loan
Syndicated or club loans are substantial credit facilities provided by a group of lenders to a single borrower. Below are the service operations for creating syndicated loan arrangements.
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Creates a club facility with facility details along with the details of participating lenders
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Creates a club drawing arrangement with drawdown details along with the details of participating lenders
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Creates a funded share transfer for a facility when participant details are passed. Share of a funding participant is transferred to another funding participant in a club facility and underlying drawings
Transfer Risk Share
POSTCreates a risk share transfer for a facility when participant details are passed. The risk of the own bank in a facility is mitigated by selling a portion risk to another financial institution
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Creates a funded share transfer for a drawing under a facility when participant details are passed. Share of a funding participant is transferred to another funding participant in a standalone club loan
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Creates a risk share transfer for a drawing under a facility when participant details are passed. The risk of the own bank in a loan is mitigated by selling a portion risk to another financial institution
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Retrieves club facilities, drawings and deal