1.15 Maintain Currency Holiday Calendar

This topic explains systematic instructions to maintain a currency holiday calendar.

Through the Currency Holiday Calendar Maintenance screen, maintain a yearly list of holidays for the currencies defined in the Currency Definition screen.

The system uses the information maintained in this screen to check whether any settlement, involving a foreign currency (in the Foreign Exchange, Money market, Funds Transfer, Loans & Deposit modules) falls on that currency’s holiday. If yes, then the system will display a message stating so, and ask the user for an override.

For any schedule or contract maturing at a future date say, 5 years hence, the user can input the future date, only if the calendar for that year has been maintained. The currency holiday screen is maintained at the Bank Level by the Head Office.

Note:

The fields which are marked in asterisk are mandatory.

1. On Homescreen, type STDCCHOL in the text box, and click Next.
   The Currency Holiday Calendar Maintenance screen displays.

   Figure 1-18 Currency Holiday Calendar Maintenance

   
   

   
   Description of "Figure 1-18 Currency Holiday Calendar Maintenance"

   
   
2. On the Currency Holiday Calendar Maintenance screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 1-21 Currency Holiday Calendar Maintenance - Field Description

   Field	Description
   Currency	Click Search and specify the currency code for which defining holidays from the list of values. The list displays all valid currency codes maintained in the system.
   Year	Select the year using the arrows.
   Refresh	To build the calendar for the year, click Refresh. This is called the Refresh/Build up because it builds the calendar for users.

   In this screen, a list of holidays can be maintained for each of the currencies maintained in the Currency Definition screen, for any year between 1 AD and 4000 AD.

   Note:

   • On processing the calendar of any year, Saturdays and Sundays are marked as weekly holidays for the currency. This is the default setting of the system.
   • For identification, the working days are marked in black and the holidays in red.
3. To define any other weekly holiday for the currency other than the default, double-click the day of the week listed on the top row of the screen.
   For instance, if double-clicked on F, all Fridays in the year would be marked as holidays.
4. To clear off the default weekly holidays Saturdays and Sundays, double-click on Sa and S.
5. To define annual holidays, click on the particular date to mark the selected date as a holiday.
6. To unmark a day specified earlier as a holiday, double-click on it once again.
   The day gets marked in black.
7. Click Exit to end the transaction.