Posting Restriction
Banks employ posting restrictions to regulate transactions in deposits. Posting restrictions are transaction-based controls, that prevent transactions from being posted for the purpose of operational control. A typical business case in which a bank applies a posting restriction to control credits is for non-resident accounts, where there could be restrictions against the deposit of local currency amounts into the deposit.
-
Update the account conditions of the term deposit such as alternate references, posting restrictions, etc
-
Update the account conditions of the term deposit such as alternate references, posting restrictions, etc
Create - SWAP
Transact supports the following products. Interest Rate Swap – Trade, Interest Rate Swap – Hedge, Currency Interest Rate Swap – Trade, Currency Interest Rate Swap -Hedge
SWAP Deal
POSTAllows to book an interest rate swap deal.
Enquire - SWAP
Enquire Swap details
-
Lists all the swap contracts for review and authorisation
-
Lists all the swap contracts for reversal and authorisation
-
List swap contracts maturing in the next 10 days.
-
Lists outstanding swap contracts
-
Lists deals that were booked on today's date.
-
Fetches swap schedule details like description, schedule date, type, amount and principal for a specific contract.