4.9.26 Viewing Settlement Instructions for the Tranche
To view the settlement instructions for the tranche borrowers, click the Settlement Instructions button from Borrowers Details screen.
The system obtains the settlement details based on the SSI Mnemonic for each borrower.
If the Chinese Characters in Payment box is selected in the Loan syndication- Branch Parameters screen, then only you can enter the Chinese characters in the field 57, 59, and 70 for foreign currency and local currency settlement instructions / accounts and there are no validations in the system. You need to operationally control it.
You are allowed to enter the information in Chinese or English or a combination of both in this field. If it is a combination, then the system considers it as Chinese and allow up to 35 characters.
Note:
This is applicable only for ASPAC region.For more details about the Settlement Message Details screen, refer the Settlements User Manual.
Parent topic: Processing a Borrower Tranche Contract