Capture Merge or Split
You can split a facility into two or more facilities or merge two or more facilities into a single facility.
-
API for the creation and management of credit agreements for corporate customers. The types of credit agreements are single level facility, credit agreement with multiple facilities, club loans with agency and syndicated loans
Charge Off
Borrowers can default on their payments due to economic or other personal crises. Under these circumstances, a bank may deem certain receivable amounts on the loan arrangement to be charged off. A charge off can be for the overdue amounts (partial) or the entire loan amount. Customers are not aware of a charge off and bills are generated as usual. However, the charged off balances are held in a separate account on the banks books (shadow balances).
Charge Off
PUTExecute loan charge-off activity to charge-off account balance only
-
Retrieves the charge off balances of an arrangement account