1.3 FAQ

1. Who is an Associated Party?

   The Corporate party’s customer with whom they trade is their associated party. In Supply Chain Finance parlance, the customer added in the Program by an Anchor (logged-in corporate party) is termed as Associated Party. This customer needs to be on-boarded as an associated party before linking to the Program.

2. What if the Associated Party is a customer of the Bank?

   The Associated Party may or may not be a customer of the bank. If the Anchor wants to link an associated party to a program, then the associated party must first be on-boarded to the system.

3. If the Associated Party is an existing customer of the Bank, will the on-boarding of this party create a new party ID for them?

   When the associated party is on-boarded and the details are submitted to the Bank’s Supply Chain Finance system, a de-dupe check is performed. During this de-dupe check, if the Supply Chain Finance system identifies the associated party as an existing customer then the existing party ID itself is assigned, else a new party ID is assigned.

4. Can the Associated Party get portal access for Supply Chain Finance / Cash Management?

   Yes, the associated party will get portal access for Supply Chain Finance / Cash Management.

5. How will the associated party get OBDX portal access, if they are not a customer of the Bank?

   The associated party who is not a customer of the Bank, has a party ID assigned by the back office. This party ID resides in the Supply Chain Finance or Cash Management back office system. OBDX portal access can be given to a non customer party ID that is residing in the Supply Chain Finance or Cash Management back office system. Details are explained in the ‘OBDX Channel access to Associated Parties (Non Customer)’ section of this document.