16.3.2 Exchange Rate Fixing Advice to Borrower for Renewed Drawdown

  • Likewise, you can also send an Exchange Rate Fixing Advice to the borrowing customer on the date the loan contract is due for renewal. All the fields (excluding standing instructions fields) explained above are made available for the renewed drawdown as well.
  • In addition, an advice is generated on the renewal day. This gets precedence over the advice generated on the day the drawdown is due for a renewal.