Monitoring Loan Transaction for PH CTR
Users now possess the ability to supervise Loan Transactions for CTR reporting. Loan transactions consist of two components: one linked to the Loan itself, and the other tied to the Offset CASA account. CTRs can only be generated for the loan transaction within the CASA leg.
The client is required to provide a Transaction Receipt number to distinguish between the legs of both Loan transactions and their corresponding CASA transactions. This receipt number will remain consistent for both legs and can be retrieved from the STG_LOAN_CONTRACT_TXNS and STG_CASA_TXNS tables.
Increased coverage allows organizations to better meet regulatory requirements.
Steps to Enable
You don't need to do anything to enable this feature.