Repay Facility
You can create a payment order for transferring the funds from an account to a facility arrangement account to repay the facility amount.
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Create the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment
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Create the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment
Repay Facility
POSTCreate the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment
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