2.1.6 Settlement Instruction Maintenance

NOSTRO account need to be created for the bank in which the borrower and participant (both) should have their CASA account. This needs to be mapped in LBDINSTR and pay/ receive account should be NOSTRO. You need to select NOSTRO account in pay and receive accounts fields, but borrower cannot have NOSTRO account, only bank can have the NOSTRO bank account and you need to select Pay and Receive as BANK id. This is replaced by internal bridge GL while doing the transaction.

Maintain the counter party with all required fields in the Settlement Instructions Maintenance screen (LBDINSTR). For more information on settlement instructions, refer to Loan Syndication User Manual.