15.6 Assignment Advice
Assignment advices are generated by Oracle Banking Corporate Lending when a participant
transfer (assignment) happens. The fields/tags that are available on the advice are the
following:
- Facility
- Borrower code
- Borrower Name
- Tranche
- DD
- Currency
- Value Date of the transfer assignment
- Transfer From – Party details (code & name)
- Transfer Amount
The transferee advice (for each transferee) has the following fields/ tags:
- Transfer To – Party details (code & name)
- Amount
The associated event is the PRAM (Participant Amendment).
The advices are sent to both the participant – transfer from – party (the transferor) and the participant – transfer to – party (the transferee). The transferee details are present in the advice sent to the transferor as well. For a transferee, each transferee advice has only his/her share of the transferred amount in the advice apart from the transferor details.
Parent topic: Customer Correspondence