4.9.40.1 Processing of Banker’s Acceptance Contracts

The following processing takes place in LB Tranche Contract Online screen for BA contracts.

• When a BA drawdown is booked under a tranche, the utilization amount of the tranche is calculated with the principal amount of the drawdown like discounted loans.
• If Sighting Funds Applicable check box is selected at tranche level and if you have linked any discounted drawdown BA to tranche, then system throws an error, and you need to clear the Sighting Funds Applicable check box.