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.
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Update the account conditions of the term deposit such as alternate references, posting restrictions, etc
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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.