3.1 Initiation

This topic provides systematic instructions about the Initiation of the Credit Initiation.

This data segment allows to manage the party details captured in the FI Credit Proposal Initiation process. You can also add new customers to the party, if required.

Figure 3-3 Customer Creation

Description of Figure 3-3 follows
Description of "Figure 3-3 Customer Creation"
  1. Mouse hovering on the party icon displays the basic information about the Financial Institution.

    The following table describes the functionality of each actions listed above:

    Table 3-2 Customer Creation

    Actions Functionality
    actions Right click on the party icon to perform the following actions:
    • Add Customer
    • View
    • Quick View
    • Configure
    Add Customer Displays the Customer Details window for adding customer of the Financial Institution
    View Displays the Customer Details window for viewing Financial Institution details
    Quick View Displays the View Entity Details window
    Configure Displays the Customer Details window for modifying Financial Institution details
  2. To add a customer (child party) of the Financial Institution (party), click Add Customer.
    The FI Details screen is displayed.

    Figure 3-4 FI Details

    Description of Figure 3-4 follows
    Description of "Figure 3-4 FI Details"
    For information on fields in the FI Details screen, refer the below table.

    Table 3-3 FI Details

    Actions Functionality
    Application Priority Select the Application Priority based on the requirement. The options available are Low, Medium and High.
    Application Branch Click search icon in the Application Branch field. Select Branch window is displayed.

    Figure 3-5 Select Branch

    Description of Figure 3-5 follows
    Description of "Figure 3-5 Select Branch"

    The following table describes the functionality of each actions listed above:

    Table 3-4 Select Branch

    Actions Functionality
    Fetch Click Fetch. Branch details is displayed.
    Branch Code Click the required Branch Code to add it to the Application Branch field.

For information on fields in the FI Details screen, refer the below table.

Table 3-5 Organization details

Actions Description
Customer Select the Customer type. The options available are New and Existing.
Customer ID Upon selecting the Existing option, the Customer ID field is displayed.

  1. Click the search icon in the Customer ID field. Select Customer window is displayed.

    Figure 3-6 Select Customer

    Description of Figure 3-6 follows
    Description of "Figure 3-6 Select Customer"
    For information on fields in the Select Customer screen, refer the below table.

    Table 3-6 Select Customer

    Actions Functionality
    Fetch. Click Fetch. Customer details is displayed.
    Customer Id Click the Customer Id. Selected ID is added to the Customer ID field.

For information on fields in the Organization details screen, refer the below table.

Table 3-7 FI Details

Fields/ Icons Description
FI Name Type the FI Name.
FI Code Specify the unique code assigned to the Financial institution in the FI Code field.
BIC Code Specify the financial institution’s BIC Code.
FI Type Select the FI Type from the drop down list. The options available are Single and Conglomerate.
FI Legal Entity Select the FI Legal Entity Type from the drop down list. The options available are Proprietorship, Pvt Ltd, Public Ltd, Govt Owned, Trusts, Clubs, Society, Associations, Limited Liability Partnership, Foreign Bodies, NGO and Others.
Demography Type Select the Demography Type from the drop down list. The options available are Domestic and Global.
Geographical Spread Search and select all the countries in which the FI is operating as Geographical Spread.
Country of incorporation. Select the Country of incorporation.
Incorporation date Click the calendar icon and select the Incorporation date.
fields Type the following addresses in respective fields:
  • Website Address
  • Facebook Address
  • Twitter Address

  1. To capture industry details of the Financial Institution, click +Add sector.
    The Add Industry window is displayed.

    Figure 3-7 Add Industry

    Description of Figure 3-7 follows
    Description of "Figure 3-7 Add Industry"

    For information on fields in the Add Industry screen, refer the below table.

    Table 3-8 Add Industry

    Actions Functionality
    Industry Groups Select the FI sector. Available Industry Groups is displayed.
    Available Industries Select the FI Industry Group. Available Industries is displayed.
    Sub-Industries Select the FI Industry. Available Sub-Industries is displayed.
  2. Select the FI sub-industry. The Industry details are added and displayed as shown below:
  3. To capture rating information of the Financial Institution, click +Add ratings. The Add Rating window is displayed.
  4. Select the following details:
    • Rating Date
    • Outlook
    • Risk Ratings
    • Rated By

    The Year Of Rating is automatically populated based on the selected Rating Date.

    Upon selection of the above details, the rating is added and displayed as shown below:

    Figure 3-10 Customer Rating

    Description of Figure 3-10 follows
    Description of "Figure 3-10 Customer Rating"
  5. To modify or delete the added rating, click the hamburger icon and select the required option.

    Note:

    If the Financial Institution is rated by different rating firms, all the rating information must be captured while adding customer. To add another rating information, click +Add ratings again.
  6. Enable the Special customer flag, if the Financial Institution is a special customer for your bank.

RM Id is automatically populated based on the login details.

For information on fields in the RM Details screen, refer the below table.

Table 3-9 RM Details

Actions Functionality
RM Id To modify the RM Id, search and select the required user.
Create Click Create. The child customer is added to the parent party.

Note: After creating the customer, right click the customer icon to Add Customer for the customer, View the customer details, Quick View the customer details, Configure the customer information and Delete the customer if required.

View, and Quick view To View, and Quick view the party information, right click the party icon and click the respective option.

  1. To Configure the Financial Institution details, right click the party icon and click Configure option. The following screen is displayed.

    Figure 3-11 Harry fi

    Description of Figure 3-11 follows
    Description of "Figure 3-11 Harry fi"

    In the above screen, the Financial Institution details captured in the FI Credit Proposal Initiation process are displayed. You can modify the details only if modification is allowed in Business Process configuration.

    For information on fields in the Company Details screen, refer the below table.

    Table 3-10 Company Details

    Fields Description
    Fields Specify / update the following details in the corresponding fields:
    • Registration Number
    • FI Name
    • FI Code
    • BIC Code
    • FI Type
    • FI Legal Entity Type
    • Demography Type
    • Country Of Incorporation
    • Incorporation Date
    • Established Date
    • Country of Domicile
    • RM Id
    • Employee Strength
    • No. Of Years In Business
    • Company Website
    • Facebook Address
    • Twitter Address
    Is KYC Compliant? Enable the Is KYC Compliant? switch, if the Financial Institution is KYC Compliant.
    Last KYC Date Click the calendar icon and select the Last KYC Date.
    Listed Enable the Listed flag, if the Financial Institution is listed in share market.
    Language Select the Language from the drop down list.
    Media Select the Media for transactions from the drop down list.
    Business Type Select the Financial Institution’s Business Type from the drop down list. The options available are Islamic, Conventional, and Both.
    MICR Specify the MICR code of the Financial Institution.
    RTGS Specify the RTGS code of the Financial Institution.
    Earmarking Mandated Enable the Earmarking Mandated flag, if earmarking needs to be done for the Financial Institution.
    Role Select the Financial Institution Role from the drop down list. The options available are Correspondent and Advisory.
    Borrower Since Specify the period from which the Financial Institution is your bank’s borrower, by clicking the calendar icon in the Borrower Since field and selecting the date.
    Legal Entity Code Specify the Legal Entity Code of the Financial Institution.
    Head Office Country Search and select the Financial Institution’s Head Office Country.
    Approved for Exposure Enable the Approved for Exposure flag, if the Financial Institution is approved for the exposure flow.
    Correspondent FI Enable the Correspondent FI flag, if the Financial Institution is a correspondence FI.

    For information on fields in the KYC Details screen, refer the below table.

    Table 3-11 KYC Details

    Fields Description
    Received Enable the Received switch, if KYC verification details are received for the Financial Institution.
    Verification Date and Effective Date Click the calendar icon and select the KYC Verification Date and Effective Date.
    Verification Method Type the KYC Verification Method. For example: Field verification.
    Save Click Save.
  2. To add the Financial Institution address details, click the Address tab and then click the Add icon.
    The Address Details screen is displayed.

    Figure 3-12 Address Details

    Description of Figure 3-12 follows
    Description of "Figure 3-12 Address Details"

    For information on fields in the Address Details screen, refer the below table.

    Table 3-12 Address Details

    Fields Description
    Fields Type or select the following details in the corresponding fields:
    • Address Type
    • Name of the contact person
    • House/Building name
    • Street
    • Locality
    • Landmark
    • Area
    • City
    • State
    • Zip-Code
    • Country
    • Email Address
    • Phone Number
    Add Click Add. Address details are added.
    Industry To add the industry details, click the Industry tab and select the required details.

    Note: To Edit, Delete or View the added Basic Info, Address, and Industry. click the hamburger icon in the required list item and select the required option.

    Customer Profile To view the Financial Institution’s business details, click the Customer Profile menu and then select Business sub-menu.

    Figure 3-13 ICUICU Customer Profile

    Description of Figure 3-13 follows
    Description of "Figure 3-13 ICUICU Customer Profile"
  3. To add Financial Institution’s market share details, click the Market Share. The following window is displayed.

    For information on fields in the Market Share screen, refer the below table.

    Table 3-13 Market Share

    Fields Description
    Year Specify the Year for which you want to add market share details.
    Market Share Percent Specify the Financial Institution’s Market Share Percent in the mentioned year.
    Currency Specify the Currency in which the Sales is recorded.
    Sales Specify the Sales recorded in the mentioned year.
    Growth Percent Specify the Growth Percent.
  4. To Update or Remove the added market share detail, select the record and click the corresponding option.
  5. To configure Financial Institution’s financial details, click Financial Profile in the left menu.
    The Financial profile screen is displayed.

    Figure 3-15 Financial Profile

    Description of Figure 3-15 follows
    Description of "Figure 3-15 Financial Profile"
  6. Click the Add icon. The following screen is displayed.

    Figure 3-16 Financial Profile


    Description of Figure 3-16 follows
    Description of "Figure 3-16 Financial Profile"

    For information on fields in the Financial Profile screen, refer the below table.

    Table 3-14 Financial Profile

    Fields Description
    Year Specify the Year for which the financial details are to be added.
    Currency Search and select the Currency for the financial information.
    fields Specify the following details in the corresponding fields:
    • Balance Sheet Size
    • Operating Profit
    • Net Profit
    • Year Over Year Growth
    • Return On Investment
    • Return On Equity
    • Return On Asset
    Add Click Add. The financial details are added.
    Upload Financial Document To add financial documents, click Upload Financial Document.
    The Financial Documents screen is displayed.

    Figure 3-17 Financial Documents

    Description of Figure 3-17 follows
    Description of "Figure 3-17 Financial Documents"
  7. In the Financial Documents window, the user can Add the following documents by clicking respective tabs.
    • Balance Sheet
    • Profit & Loss Statement
    • Cash Flow Statement
  8. Upon clicking Add in any of the above tabs, the following window to upload documents is displayed.

    Figure 3-18 Balance Sheet details

    Description of Figure 3-18 follows
    Description of "Figure 3-18 Balance Sheet details"

    For information on fields in the Balance Sheet details screen, refer the below table.

    Table 3-15 Balance Sheet details

    Fields Description
    Period and Quarter Select the Period and Quarter for which the financial document is to be added.
    Drop files here or click to select In Drop files here or click to select section, drag and drop or click and upload the financial document.
    Add Click Add. Document is added.
  9. In the Financial Profile screen, click the Chart view icon to change the List view to Chart view.

    Note:

    To Edit, Delete or View the added Financial Profile. click the hamburger icon in the required list item and select the required option.
  10. To configure projection details, click Projections from the left menu and then click the Add icon.
    The Projections screen is displayed.

    Figure 3-19 Projections

    Description of Figure 3-19 follows
    Description of "Figure 3-19 Projections"

    For information on fields in the Projections screen, refer the below table.

    Table 3-16 Projections

    Fields Description
    Year Specify the Year for which the Financial Institution’s projection details are to be added.
    Currency Search and select the Currency for the projection details.
    fields Specify the following details in the corresponding fields:
    • Balance Sheet Size
    • Operating Profit
    • Net Profit
    • Year Over Year Growth
    • Return On Investment
    • Return On Equity
    • Return On Asset
    Add Click Add. The projection details are added.
    Upload Projection Document To add projection documents, click Upload Projection Document.

    The Projection Documents screen is displayed.

    Figure 3-20 Projection Documents

    Description of Figure 3-20 follows
    Description of "Figure 3-20 Projection Documents"

    For information on fields in the Projection Documents screen, refer the below table.

  11. In the Projection Documents window, the user can Add the following documents by clicking respective tabs.
    • Balance Sheet
    • Profit & Loss Statement
    • Cash Flow Statement
  12. Upon clicking Add in any of the above tabs, the following window to upload documents is displayed.

    Figure 3-21 Balance sheet details

    Description of Figure 3-21 follows
    Description of "Figure 3-21 Balance sheet details"

    For information on fields in the Balance Sheet details screen, refer the below table.

    Table 3-17 Balance Sheet details

    Fields Description
    Period and Quarter Select the Period and Quarter for which the projection document is to be added.
    Drop files here or click to select In Drop files here or click to select section, drag and drop or click and upload the projection document.
    Add Click Add. Document is added.
  13. . In the Business Projection screen, click the Chart view icon to change the List view to Chart view.

    Note:

    To Edit, Delete or View the added Projections. click the hamburger icon in the required list item and select the required option.

Rating

  1. To add rating information of the party, click Rating in the left menu and click +Add Ratings.
    The Add Ratings screen is displayed.

    Figure 3-22 Add Ratings

    Description of Figure 3-22 follows
    Description of "Figure 3-22 Add Ratings"
  2. Select the following details of the rating:
    • Rating Date
    • Outlook
    • Risk Ratings
    • Rated By
  3. The Year Of Rating is automatically populated based on the selected Rating Date.
  4. Upon selecting the Rated By organization, the rating is added and displayed as shown below.

Stakeholders

  1. The user can add information about the following stakeholders by clicking the Stakeholders menu:
    • Auditors
    • Sponsors
    • Share holders
    • Directors
    • Management Team
    • Bankers
    • Guarantors
    • Customers
    • Suppliers

    Figure 3-24 Stakeholders


    Description of Figure 3-24 follows
    Description of "Figure 3-24 Stakeholders"

  2. To add sponsor details, click Sponsors from the left menu and then click Add.
    The Sponsors screen is displayed.

    Figure 3-25 Sponsors


    Description of Figure 3-25 follows
    Description of "Figure 3-25 Sponsors"

  3. If the sponsor is an individual, select or type the following sponsor details in the corresponding fields:
    • Promoter Type (select Individual option)
    • Name
    • Age
    • Experience Summary
    • Designation
    • Role
    • Stake Percentage
    • Associated Since
    • Education Qualifications
  4. If the sponsor is an entity, select or type the following sponsor details in the corresponding fields:
    • Promoter Type (select Corporate option)
    • Name
    • Stake Percentage
  5. Click and expand the Address details section.
  6. Type or select the following details in the corresponding fields:
    • House/Building name
    • Street
    • Locality
    • Landmark
    • Area
    • City
    • State
    • Zip-Code
    • Country
    • Email Address
    • Phone Number
  7. Click Add. Sponsor details are added.

    Note:

    To Edit, Delete or View the added Sponsors. click the hamburger icon in the required list item and select the required option.

    Note:

    For information on adding Share holders, Directors, Management Team, Bankers, Guarantors, Customers, and Suppliers detail, refer Economic Dependency Analysis User Manual.
  8. To add asset details, click Assets from the left menu and then click Add.
    The Assets screen is displayed.

    Figure 3-27 Assets


    Description of Figure 3-27 follows
    Description of "Figure 3-27 Assets"

    For information on fields in the Assets details screen, refer the below table.

    Table 3-18 Assets

    Fields Description
    Name Type the Name of the Asset.
    Currency Search and select the Currency for the asset value.
    Value Specify the asset Value.
    Description Type the asset Description.
    Add Click Add. Asset details are added.

    Note: To Edit, Delete or View the added Assets. click the hamburger icon in the required list item and select the required option.

  9. To associate covenant with the Financial Institution, click Customer Covenants from the left menu. The following screen appears.
  10. Click the add icon. The Covenant Details screen is displayed.

    Figure 3-29 Covenant Details


    Description of Figure 3-29 follows
    Description of "Figure 3-29 Covenant Details"

    For process Covenant Details, user can set up extra placeholder fields in the Maintenance screen. For more information on managing these placeholders, refer to the Maintenance User Manual.

    The system supports configuration of up to 20 fields each for the following data types:
    • Text
    • Numeric
    • Boolean
    • Date

    Each field type allows a minimum of 0 and a maximum of 20 fields per Covenant details, based on the requirements. These fields displays in the Covenant Details screen only if they are configured. If no additional fields are defined, the screen will display only the standard covenant details fields.

    For example, we maintained 20 additional fields each for text, numeric, boolean, and date.

    The Covenant Details screen displays.

    Figure 3-30 Covenant Details


    Description of Figure 3-30 follows
    Description of "Figure 3-30 Covenant Details"

    For information on fields in the Assets details screen, refer the below table.

    Table 3-19 Assets

    Fields Description
    Covenant code To link existing covenant, click the search icon and select the Covenant code. The covenant codes maintained in the Covenant Maintenance page are displayed in LOV.
    Covenant Code, Covenant name, Covenant description Upon selecting the Covenant Code, Covenant name, Covenant description and Classification type get defaulted.
    Click to add new covenant To create new covenant, click the Click to add new covenant link and specify the following details:
    • Covenant code - A unique code for the covenant to be created
    • Covenant name - Name for the covenant to be created
    • Covenant description - A brief description about the covenant
    • Classification type - Classification type of the covenant, such as Internal and External
    Covenant details Click and expand the Covenant details section.

    Figure 3-31 Covenant details

    Description of Figure 3-31 follows
    Description of "Figure 3-31 Covenant details"
  11. Specify the following details in respective fields:
    • Covenant type - Type of the covenant, such as Financial and Non-Financial
    • Covenant Sub Type - Sub type of the covenant
    • Notice Days - Number of days before which the covenant tracking task has to be created
    • Revision Frequency - Frequency for reviewing the covenant, such as Quarterly, Monthly, SemiAnnual, and Annual
    • Revision Days - Number of days in which the covenant must be reviewed
    • Start Date - Date on which the covenant becomes effective
    • End Date - Date on which the covenant expires
    • Maximum Defer Days - Number of days for which the covenant can be deferred

    In case of linking existing covenant, you cannot modify the Covenant Type and Covenant Sub Type.

  12. To capture monitoring information for the covenant, click and expand the Monitoring Information Details section.

    Figure 3-32 Monitoring Information Details


    Description of Figure 3-32 follows
    Description of "Figure 3-32 Monitoring Information Details"

  13. Select the monitoring information. Monitoring information maintained in the Monitoring Information Maintenance module are displayed in the LOV.
  14. To build a formula and validate the party against it, expand the Formula Details section.

    For information on fields in the Formula Details screen, refer the below table.

    Table 3-20 Formula Details

    Fields Description
    Variable Select a Variable from the drop down list. The options available are Debt, Asset, Debt Ratio and Asset Ratio.
    Operators Select the required operator from the available Operators.
    Custom Value Provide a Custom Value, if you want to use it in the formula.
    Build Formula Click Build Formula. The formula is built and displayed below the formula box.

    The system will also display whether the formula is valid expression or invalid expression below the formula box. You must change the formula in case it is invalid expression.
    Target Type Select the Target Type from the drop down list. The options available are: Value, Percentage, and Ratio.
    Covenant check condition Select the Covenant check condition from the drop down list. The options available are: Greater than, Greater than or equal to, Between, Less than or equal to, Equal to, and Less than.
    Target Value Specify the Target Value(s).

    If Between is selected as the covenant check condition, Target Value 1 and Target Value 2 fields appear. You need to specify the range of target values.

    The system will periodically derive the built formula with the values obtained from party’s financial documents and validate it against the set target values based on covenant check condition.

  15. To add other covenant details, expand the Others section.

    For information on fields in the Others screen, refer the below table.

    Table 3-21 Others

    Fields Description
    Compliance Status Select the current covenant Compliance Status of the party. The options available are: Met and Breach.
    Waiver Status Select the Waiver Status from the drop down list. The options available are: Waive and Waive all.
    Last Check Value Specify the target value observed during the last covenant check in the Last Check Value field.
    Deferred due date Specify the Deferred due date. The covenant review can be postponed till the mentioned date.
    Remarks Capture overall Remarks for the covenant.
    Create Click Create. Covenant details are added.
    Edit To edit the added covenant, select the covenant record and click the Edit icon.
    Delete To delete the added covenant, select the covenant record and click the Delete icon.
  16. To configure conditions for the Financial Institution, click Customer Condition in the left menu and then click Add.
    The Add Conditions screen is displayed.

    Figure 3-35 Add Conditions


    Description of Figure 3-35 follows
    Description of "Figure 3-35 Add Conditions"

    For process Conditions Details, user can set up extra placeholder fields in the Maintenance screen. For more information on managing these placeholders, refer to the Maintenance User Manual. The system supports configuration of up to 20 fields each for the following data types:
    • Text
    • Numeric
    • Boolean
    • Date

    Each field type allows a minimum of 0 and a maximum of 20 fields per Conditions details, based on the requirements. These fields displays in the Conditions Details screen only if they are configured. If no additional fields are defined, the screen will display only the standard Conditions details fields. For example, we maintained 20 additional fields each for text, numeric, boolean, and date.

    The Add Conditions screen displays.

    Figure 3-36 Add Conditions


    Description of Figure 3-36 follows
    Description of "Figure 3-36 Add Conditions"

    For information on fields in the Add Conditions screen, refer the below table.

    Table 3-22 Add Conditions

    Fields/ Icons Description
    Conditions Code Search and Select Conditions Code. Conditions Description and Conditions are defaulted based on the selected Conditions code.
    Conditions Description Display the Conditions description. The Conditions description will be defaulted from Conditions maintenance based on the selected Conditions Code and cannot be modified.
    Conditions Clause Specify the Conditions clause. This field defaulted based on the selected Conditions code. The user can input up to 250 characters.
    Notice Days Specify the number of notice days are the number of days before the Due date of a Conditions for the Conditions tracking.
    Grace Days Specify the grace days. The user must update the compliance status within grace days after the due date. If not complied, the status will be marked as breached and the compliance date will be updated to the current date during the end-of-day process using the batch “tncTrackingOverdueBreachJob”.
    Conditions Type Click Create. Conditions are linked to the party and displayed in the Conditions tab.
    Cancel Conditions Type is defaulted based on selected Conditions code. The options available are:

    • Pre-disbursement

    • Post-disbursement

    • Pre-Sanction
    Compliance Status

    Select Compliance Status from drop-down list. The options available are:

    • Met

    • Breached
    Due Date Select the due date.
    Compliance Remarks Enter Compliance Remarks, if required.
    Customer Linkage Customer Linkage details are displayed by default based on selected Conditions code.
    Create Click Create. Conditions are linked to the party and displayed in the Conditions tab.
    Cancel Click the Cancel to cancel and exist the screen.
  17. To add the exposure details of the Financial Institution, click Exposures in the left menu. The Country Exposure and Currency Exposure sub-menus are displayed.
  18. Click Country exposure and then click the add icon. The following window is displayed.

    Figure 3-37 Country Dependency Details

    Description of Figure 3-37 follows
    Description of "Figure 3-37 Country Dependency Details"
  19. Search and select the Country and its Currency.

    For information on fields in the Country Wise Data Details screen, refer the below table.

    Table 3-23 Country Wise Data

    Fields Description
    Sales Specify the amount of Sales recorded in the selected country.
    Purchase Specify the amount of Purchase made from the selected country.
    Investments Specify the amount of Investments made in the selected country.
    Loans Specify the amount of Loans received from the selected country.
    Deposits Specify the amount of Deposits made in the selected country.

Figure 3-38 Country Wise Business Operations

Description of Figure 3-38 follows
Description of "Figure 3-38 Country Wise Business Operations"

For information on fields in the Country Wise Business Operations screen, refer the below table.

Table 3-24 Country Wise Business Operations

Fields Description
Market Share Percentage Specify the Financial Institution’s Market Share Percentage in selected country.
Presence for Years Specify the Financial Institution’s Presence for Years in selected county.
Major Products Sold Specify the Major Products Sold by the Financial Institution in the selected country.
Associated Since Specify the date on which association between the Financial Institution and selected country is established in the Associated Since field.

Sales Breakup

In this section, you must add details of all the customers of Financial Institution in the selected country.

Figure 3-39 Sales Breakup

Description of Figure 3-39 follows
Description of "Figure 3-39 Sales Breakup"

  1. Click the add icon. The Sales Breakup screen is displayed.

    For information on fields in the Sales Breakup screen, refer the below table.

    Table 3-25 Sales Breakup

    Fields Description
    Customer Specify the Customer of the Financial Institution.
    Sales Amount Specify the Sales Amount recorded for the specified customer.
    Percentage of Total Sales Specify the Percentage of Total Sales recorded for the specified customer.
    Major Product Sold Specify the Major Product Sold to the specified customer.
    Debtor Days Specify the Debtor Days for the specified customer.
    Associated Since In the Associated Since field, search and select the date on which association between the Financial Institution and its customer is established.
    Save Click Save. Sales breakup is added and displayed in the Sales Breakup section.
    edit or delete To edit or delete the added sales breakup, select the record and click the respective icon.

Purchase Breakup

In this section, you must capture details of all the Financial Institution’s suppliers in the selected country.

  1. Click the add icon. The Purchase Breakup screen is displayed.

    Figure 3-41 Purchase Breakup

    Description of Figure 3-41 follows
    Description of "Figure 3-41 Purchase Breakup"

    For information on fields in the Purchase Breakup screen, refer the below table.

    Table 3-26 Purchase Breakup

    Fields Description
    Supplier Specify the name of Supplier.
    Purchase Amount In the Purchase Amount field, specify the amount of products / services purchased by the Financial Institution from the supplier.
    Percentage of Total Purchases Specify the Percentage of Total Purchases from the supplier.
    Major Product Bought Specify the Major Product Bought by the Financial Institution from the supplier.
    Creditor Days Specify the Creditor Days for the supplier.
    Associated Since In the Associated Since field, search and select the date on which association between the Financial Institution and its supplier is established.
    Save Click Save. Purchase breakup is added and displayed in the Purchase Breakup section.
    edit or delete To edit or delete the added purchase breakup, select the record and click the respective icon.
  2. In the Country Dependency Details window, click Save. The details are added and displayed as shown below.
  3. To capture the currency dependency details, click the Currency Exposure submenu.
    The Currency Dependency Details screen is displayed.

    Figure 3-43 Currency Dependency Details

    Description of Figure 3-43 follows
    Description of "Figure 3-43 Currency Dependency Details"

    For information on fields in the Currency Dependency Details screen, refer the below table.

    Table 3-27 Currency details

    Fields Description
    Sales Amount Specify your customer's Sales Amount in the selected currency.
    Sales Percentage Specify your customer's Sales Percentage with respect to the selected currency.
    Purchase Amount Specify your customer's Purchase Amount in the selected currency.
    Purchase Percentage Specify your customer's Purchase Percentage with respect to the selected currency.
    Loan Amount Specify the Loan Amount availed by your customer in the selected currency.
    Loan Percentage Specify your customer's Loan Percentage with respect to the selected currency.
    Investment Amount Specify your customer's Investment Amount in the selected currency.
    Investment Percentage Specify your customer's Investment Percentage with respect to the selected currency.
    Deposit Amount In the Deposit Amount field, specify the amount deposited by your customer in the selected currency.
    Deposit Percentage In the Deposit Percentage field, specify the percentage of amount deposited by your customer in the selected currency.

Hedging Details

Figure 3-44 Hedging Details

Description of Figure 3-44 follows
Description of "Figure 3-44 Hedging Details"

For information on fields in the Hedging Details screen, refer the below table.

Table 3-28 Hedging Details

Fields Description
Credit Outstanding Specify the Credit Outstanding amount in the selected currency.
Debit Outstanding Specify the Debit Outstanding amount in the selected currency.
Variance Upon entering the Credit and Debit Outstanding amounts, the system calculates and displays the Variance.
Hedging required Enable the Hedging required switch, if hedging analysis is required.

Figure 3-45 Future Currency Requirement - Loan Repayment

Description of Figure 3-45 follows
Description of "Figure 3-45 Future Currency Requirement - Loan Repayment"

For information on fields in the Future Currency Requirement - Loan Repayment screen, refer the below table.

Table 3-29 Future Currency Requirement - Loan Repayment

Fields Description
Outstanding Loan Amount Specify your customer's Outstanding Loan Amount in selected currency.
Repayment in current year In the Repayment in current year field, specify the loan amount to be repaid in the current year.
Repayment in Next 3 Years In the Repayment in Next 3 Years field, specify the loan amount to be repaid in next three years.

Figure 3-46 Future Currency Requirement - Creditor Payment

Description of Figure 3-46 follows
Description of "Figure 3-46 Future Currency Requirement - Creditor Payment"

For information on fields in the Future Currency Requirement - Creditor Payment screen, refer the below table.

Table 3-30 Future Currency Requirement - Creditor Payment

Fields Description
Outstanding Amount Specify the Outstanding Amount to be paid by your customer to their creditor in selected currency.
0-30 days Specify the outstanding amount to be paid in 0-30 days.
30-60 days Specify the outstanding amount to be paid in 30-60 days.
60-90 days Specify the outstanding amount to be paid in 60-90 days.
90-120 days Specify the outstanding amount to be paid in 90-120 days.
120-150 days Specify the outstanding amount to be paid in 120-150 days.
150-180 days Specify the outstanding amount to be paid in 150-180 days.
More than 180 days Specify the outstanding amount to be paid after 180 days in the More than 180 days field.

Figure 3-47 Future currency credit - Debtor payment

Description of Figure 3-47 follows
Description of "Figure 3-47 Future currency credit - Debtor payment"

For information on fields in the Future currency credit - Debtor payment screen, refer the below table.

Table 3-31 Future currency credit - Debtor payment

Fields Description
Outstanding Amount Specify the Outstanding Amount to be paid by your customer’s debtor in the selected currency.
0-30 days Specify the outstanding amount to be received in 0-30 days.
30-60 days Specify the outstanding amount to be received in 30-60 days.
60-90 days Specify the outstanding amount to be received in 60-90 days.
90-120 days Specify the outstanding amount to be received in 90-120 days.
120-150 days Specify the outstanding amount to be received in 120-150 days.
150-180 days Specify the outstanding amount to be received in 150-180 days.
More than 180 days Specify the outstanding amount to be received after 180 days in the More than 180 days field.
Future Currency Credit - Interests

Figure 3-48 Future Currency Credit - Interests

Description of Figure 3-48 follows
Description of "Figure 3-48 Future Currency Credit - Interests"
For information on fields in the Future currency credit - Interests screen, refer the below table.

Table 3-32 Future Currency Credit - Interests

Fields Description
Investment amount interests In the Investment amount interests field, specify the interest to be received for the amount invested in selected currency.
Interest expected in current year In the Interest expected in current year field, specify the interest to be received in the Current year.
Interest expected in next 3 years field In the Interest expected in next 3 years field, specify the interest to be received in the next 3 Years.

  1. Click Save in the Currency Dependency Details window. The details are saved and displayed in Currency Dependency Details page.
  2. To Edit, Delete and View the added currency exposure details, select the record and click the respective icons or click the hamburger icon and select the corresponding option.
  3. Click Ok in the Party Details window.

Parent topic: Credit Initiation