About FI Credit Proposal Amendment

2 About FI Credit Proposal Amendment

This topic describes about the FI Credit Proposal Amendment.

FI Credit Proposal Amendment in Oracle Baning Credit Facilities Process Management is a process to modify the credit limit offered to the Financial Institutions. This process can be initiated by the bank under different circumstances. Some of them include:

The FI customer’s credit worthiness is increased over the period
Banks have more capital to be allocated to the FI customers due to a higher profitability

The various stages available in the FI Credit Proposal Amendment process are:

Credit Initiation
Review and Recommendation
Approval
Draft Generation
Customer Acceptance
Handoff - Manual Retry (applicable only in case of automatic handoff failure)