16.6 Assignment Advice

Assignment advices are generated by Oracle Banking Corporate Lending when a participant transfer (assignment) happens. The fields/tags that are available on the advice are the following:

• Facility
• Borrower code
• Borrower Name
• Tranche
• DD
• Currency
• Value Date of the transfer assignment
• Transfer From – Party details (code & name)
• Transfer Amount

The transferee advice (for each transferee) has the following fields/ tags:

• Transfer To – Party details (code & name)
• Amount

The associated event is the PRAM (Participant Amendment).

The advices are sent to both the participant – transfer from – party (the transferor) and the participant – transfer to – party (the transferee). The transferee details are present in the advice sent to the transferor as well. For a transferee, each transferee advice has only his/her share of the transferred amount in the advice apart from the transferor details.