5.2.21 Viewing Settlement Instructions for the Drawdown

You can view the settlement instructions for the drawdown in the Settlement screen.

Specify the User ID and Password, login to Homepage.

From the Homepage, navigate to Drawdown Contract Detail screen.

1. From the Drawdown Contract Detail screen, click Settlement.
   The Settlement screen is displayed.

   Note:

   The fields which are marked in asterisk red are mandatory fields.

   Figure 5-29 Settlement

   
   

   
   Description of "Figure 5-29 Settlement"

   
   
2. The system obtains the settlement account for each drawdown component based on the SSI Mnemonic selected for the component.
   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.