8 Limit Activation

This topic provides information about limit activation.

In this stage, a member of the release team goes through the Credit Proposal and the PSN application and updates the facility release amount either in partial or in full and collateral held value as per the documentation submitted in the previous stages.

The following table provides a high level overview about the Limit Activation stage in PSN process.

Table 8-1 Limit Activation Information and Activities

Information available for user Activities that can be performed by user
  • Latest approved Credit Proposal (Gold copy)
  • Customer summary
    • Liabilities approved
    • Facilities approved
    • Collateral Offered
    • Covenants stipulated
    • T&C stipulated
    • Financials
    • Demographic details
  • Facility marked for release
  • Collateral value updated as Held
  • Comments from previous stage
  • Activating/Handoff of the limit amount to ELCM as per full or partial release done in previous stages
  • Handoff held collateral value to ELCM
  • Send the application back for any information
  • Complete the hand off process

Refer Docket Generation chapter for information on fields in this stage. The Outcomes available for selection in this stage are:

  • Proceed
  • Send back for Additional Info

If Outcome is selected as Proceed, the PSN application is handed off to Oracle Banking Enterprise Limits and Collateral Management system (OBELCM) for Limit Activation.

If Outcome is selected as Send back for additional Info, the PSN application is moved to Final Check stage on clicking Submit.