1.77 Maintain Financial Center

This topic explains systematic instructions to maintain a financial center.

Through the Financial Center Maintenance screen, maintain the financial centers to indicate the holiday treatment for principal and interest schedules at the time of processing the contract. The purpose of maintaining the financial centers is to reset the rates according to the holiday calendar of the financial center.

Note:

• The Financial Center feature is currently applicable to Oracle Banking Treasury Management only.
• The fields which are marked in asterisk are mandatory.

1. On Homescreen, type STDFCDMT in the text box, and click Next.
   The Financial Center Maintenance screen displays.

   Figure 1-85 Financial Center Maintenance

   
   

   
   Description of "Figure 1-85 Financial Center Maintenance"

   
   

   Note:

   The Financial Center feature is currently applicable to Oracle Banking Treasury Management only.
2. On the Financial Center Maintenance screen, specify the details.

   For more information on fields, refer to the field description table.

   Table 1-100 Financial Center Maintenance - Field Description

   Field	Description
   Financial Center	Enter a unique three-character code to the clearing house. This code is used to identify the particular clearing house whenever linked it to a particular contract. The user can follow own convention while devising this code.
   Financial Center Description	Type a brief description for the assigned code to identify it easily while retrieving information. The Financial Center Description is for information purposes only.
   Swift Code	Specify the SWIFT code that is to be maintained for the financial center.
   Time Zone	Click Search and specify the time zone of the contract for holiday preference from the list of values.

3. Click Exit to end the transaction.