62 Terms and Conditions Maintenance

This topic describes the information about Terms and Conditions Maintenance option.

Terms and Conditions are set by Bank to layout the expected guidelines, and act as the backbone for the transactional agreement between customer and the bank.

Termsand Conditions Maintenancescreenallows the bank administrator userto maintain terms and condition text for All/Specific Parties for All/Specific Transactions, so that corporate users gets to view and accept it while initiating a trade finance transaction.

Pre-Requisites

• Transaction access is provided to Bank Administrator.
• Approval rule set up for Bank Administrator to perform the actions.
• Party for which preference needs to be set up is created in core banking application.

Figure 62-1 Workflow

Features supported in Application:

Terms and Conditions maintenance available for bank administrator in the application includes:

• Create Terms and Conditions
• View Terms and Conditions
• Edit Terms and Conditions
• Delete Terms and Conditions
• Copy Terms and Conditions

Navigation Path: Perform the following navigation to access Terms and Conditions Maintenance.

• From System/ Bank Administrator Dashboard, click Toggle Menu, then click Menu and then click Others. Under Others , click Terms and Conditions Maintenance.

• Terms and Conditions - Search and View
  This topic describes the systematic instruction to Terms and Conditions - View option.
• Create Terms and Conditions
  This topic describes the systematic instruction to Create Terms and Conditions option. Using this option, Bank Administrator can configure terms and conditions for a specific party.
• Edit Terms and Conditions
  This topic describes the systematic instruction to Edit Terms and Conditions option.
• Copy Terms and Conditions
  This topic describes the systematic instruction to Copy Terms and Conditions option.
• Delete Terms and Conditions
  This topic describes the systematic instruction to Delete Terms and Conditions option.