16.7.8 Interest Rate Fixing Notice to Participant
Interest Rate Fixing Notice to Participant for Consolidated Renewal Drawdown
This notice is generated to give the participant customer a consolidated view of the interest rate fixing done for a drawdown loan. All the fields available in the Interest Rate Fixing Notice to the Borrower are available in this notice. In addition, the following fields are included.- Details of New Consolidated Advance
- The name of the borrowing customer
- The amount contributed by the participant bank and the base currency in which it is expressed.
- The participant’s amount in the optional currency
- Details of Original Advances
- The Participant’s existing amount (Base Currency equivalent)
- The Participant’s existing amount (Optional currency amount)
Note:
In case you have chosen the media as SWIFT, an MT643 is generated instead of the above mail format.Parent topic: Interest Rate Fixing Notice