3.6.3 Specifying the Rekey Options

You can specify those values in a borrower facility contract that must be keyed in when a user is authorizing it.

You can use the rekey feature to ensure that the right contract is being authorized. It requires the authorizer to key in the values of certain fields during authorization. You can select the fields for which the values must be entered, in the Auth Rekey Fields option in the Loan Syndication Product Preferences screen.

The user that authorizes a contract cannot be the same user that entered the contract.

All operations on a syndication contract, as well as the tranche contracts and the drawdown loan contracts under a tranche of the agreement contract, must be authorized before the End of Day procedures are begun at the branch.

Click Disclosure in the Loans Syndication - Facility Product Preferences to invoke the Product Disclosure Mapping screen.

For more information on Product Disclosure Mapping, refer the section Mapping the Disclosure Code to a Product in this manual.