Block or Unblock Commitment and Term
The deal commitment term can be blocked or unblocked based on the customer's request after deal creation for a particular period.
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Existing deal level commitment term is blocked
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Existing deal level commitment term is unblocked
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There could be adverse credit rating of the customer as part of the periodic review and bank would like to restrict further credit exposure. In such cases when the facility is blocked further drawdowns are not allowed while the existing drawings can be serviced.
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There could be adverse credit rating of the customer as part of the periodic review and bank would have restricted further credit exposure and stipulated some mitigants to be fulfilled by customer based on which the restrictions on credit exposure can be lifted. This API is used to unblock the facility commitment.
Update Account Details & Settlement Instructions
You can update the details related to the settlement and account holder.
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Links a direct debit to an existing facility
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Update the account conditions of the loan such as alternate references, posting restrictions, etc
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Perform the renegotiation of the loan contract details such as payment frequency, interest rates, etc.
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Perform the renegotiation of the loan contract details such as payment frequency, interest rates, etc.