16.7.9 Interest Rate Fixing Notice to the Participant

For Split Renewal Drawdown – Consolidated for All Splits

This notice is generated to give the borrowing customer a consolidated view of when a drawdown loan is due for a split renewal. 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 Original Advance
  • The name of the borrowing customer
  • The Participant’s existing amount (Base Currency equivalent)
  • The Participant’s existing amount (Optional currency amount)
• Details of New advances – Consolidated list
  • The New Base Currency Participation
  • The New Optional Currency Participation

Note:

In case you have chosen the media as SWIFT, an MT643 is generated instead of the above mail format.