1.5 Supply Chain Finance

The following enhancements have been made in the supply chain finance module in this release.

Table 1-8 Enhancements in Supply Chain Finance

Enhancements Description
View Finances Detailed inquiry of Finance displays charges applied on the same as an existing feature. This display of charges has been enhanced to show a deferred status if the charges are deferred by the bank user to be collected at a later stage.
Finance Repayment The account drop-down available in the finance repayment screen is enhanced to have the access management capability applied to the drop-down. The drop-down will list only those accounts for which the user has access.

Table 1-9 Enhancements in Trade Finance Conventional

Enhancements Description
Export Collection Initiation, Modify and Inquiry New field of Settlement account has been introduced in the screen to allow corporate users to input the desired settlement account to receive the collection proceeds. User can modify or edit the account as well. The account can also be queried in view screen.

New fields to capture Invoice data is introduced while initiating export collection transaction as invoice is the main underlying document of an export trade arrangement. User should be able to capture multiple records of invoices. While modifying the transaction, user will be able to only view the invoice data. Inquiry screen will also list the captured invoice data.

Allow input of Preferred Exchange Rate New feature was added to enable corporate users to input preferred exchange rate while providing collateral and charges. All the transactions where collateral and charges are available will support input of preferred rate and deal reference number.
Structured/Unstructured Address As a regulatory compliance all the address fields are updated to display Structured/Hybrid type of address on the inquiry screens. The fields applicable for Structured/Hybrid and unstructured will now be supported in the inquiry screens. Structured/Hybrid address will be displayed if the same is maintained for any party in the host system.

The Structured/unstructured and hybrid data fields are as follows-

  1. Department. – Structured/Hybrid
  2. Sub Department – Structured/Hybrid
  3. Address Line 1 – Hybrid/Unstructured
  4. Address Line 2 – Hybrid/Unstructured
  5. Address Line 3 – Unstructured
  6. Building Name – Structured/Hybrid
  7. Building Number – Structured/Hybrid
  8. Floor -– Structured/Hybrid
  9. Room – Structured/Hybrid
  10. Street Name – Structured/Hybrid
  11. Town Location Name – Structured/Hybrid
  12. Post Box – Structured/Hybrid
  13. Postal Code – Structured/Hybrid
  14. District Name – Structured/Hybrid
  15. Country Subdivision – Structured/Hybrid
  16. Country – Structured/Hybrid/Unstructured
  17. City – Structured/Hybrid

The change is now incorporated for all the transaction screens.

Table 1-10 Enhancements in Trade Finance Islamic

Enhancements Description
Export Collection Initiation, Modify and Inquiry New field of Settlement account has been introduced in the screen to allow corporate users to input the desired settlement account to receive the collection proceeds. User can modify or edit the account as well. The account can also be queried in view screen.

New fields to capture Invoice data is introduced while initiating export collection transaction as invoice is the main underlying document of an export trade arrangement. User should be able to capture multiple records of invoices. While modifying the transaction, user will be able to only view the invoice data. Inquiry screen will also list the captured invoice data.

Allow input of Preferred Exchange Rate New feature was added to enable corporate users to input preferred exchange rate while providing collateral and charges. All the transactions where collateral and charges are available will support input of preferred rate and deal reference number.
Structured/Unstructured Address As a regulatory compliance all the address fields are updated to display Structured/Hybrid type of address on the inquiry screens. The fields applicable for Structured/Hybrid and unstructured will now be supported in the inquiry screens. Structured/Hybrid address will be displayed if the same is maintained for any party in the host system.

The Structured/unstructured and hybrid data fields are as follows-

  1. Department. – Structured/Hybrid
  2. Sub Department – Structured/Hybrid
  3. Address Line 1 – Hybrid/Unstructured
  4. Address Line 2 – Hybrid/Unstructured
  5. Address Line 3 – Unstructured
  6. Building Name – Structured/Hybrid
  7. Building Number – Structured/Hybrid
  8. Floor -– Structured/Hybrid
  9. Room – Structured/Hybrid
  10. Street Name – Structured/Hybrid
  11. Town Location Name – Structured/Hybrid
  12. Post Box – Structured/Hybrid
  13. Postal Code – Structured/Hybrid
  14. District Name – Structured/Hybrid
  15. Country Subdivision – Structured/Hybrid
  16. Country – Structured/Hybrid/Unstructured
  17. City – Structured/Hybrid

The change is now incorporated for all the transaction screens.