Balance Maintenance
Balance Maintenance involves managing financial accounts and ensuring that the balances, bills, and debts associated with those accounts are properly maintained and reconciled.
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Bill balances such as commitment balance, principal or interest or charge amount of facility should be adjusted
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Perform the write off of all the balances and bills of a loan. Bank calls for the write off of a loan borrowed by a defaulter when the chances of loan recovery are almost zero and its assets are non-performing.
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Bill balances such as commitment balance, principal or interest or charge amount of facility should be adjusted
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Perform a write off of the balances and bills such as principal or interest or charge amount for the unpaid loans
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Perform a write off of the balances such as principal or interest or charge amount for the unpaid loans
Write Off Bills
PUTPerform a write off of the bills such as interest or charge amount for the unpaid loans
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