2.22 Limit Block

This topic describes about the detailed information on limit block screen.

Note:

The fields, which are marked with an asterisk, are mandatory.
  1. On the Home screen, specify GEDBLCKS in the text box and click the Next icon.

    Figure 2-59 Limit Block


    Description of Figure 2-59 follows
    Description of "Figure 2-59 Limit Block"

    Block on facility with FX setting:

    Fixed / Derived rate given as part of FX Revaluation will be considered for Blocking of transactions.

    For example: When only sub-line has FX Revaluation setting, Fixed / Derived rate given in FX revaluation screen is considered for blocking transaction on sub-line. Whereas main line & liability are blocked considering setting.

    When main line and sub line have FX Revaluation setting, Fixed / Derived rate at respective levels (Sub line and Main line) will be considered for blocking transaction, liability will be blocked considering GEDPARAM setting.

  2. On Limit Block screen, click New and specify the fields.
    For more information on fields, refer to the field description table.

    Table 2-61 Limit Block Maintenance - Block Details - Field Description

    Field Description
    Block Reference Number Specify the unique number which is to be assigned for every block that has been created.
    Simulate Click the toggle status to indicate that the details for the transaction being entered should be used only for simulation and not stored permanently within the system. After a successful simulation of a transaction, the system displays the utilized amount for the facility and the for the liability.
    Force Process Ovd Indicates whether transaction should ignore the overrides occurred in the process or not.
    Utilization Branch Branch code is displayed here. It indicates the transaction branch code.
    Action During new block, you can perform below mentioned operations for all entities.
    • New Block
    • Increase Block
    • Decrease Block
    • Alter Block
    • Reverse Block
    • Re-open Block
    • Mature
    • Query Block

    The following examples depict block applied on a facility for different block operations.

    For more information on new block, refer

    New Block

    Table 2-62 Before Block

    Facility Available Amount Block Amount Block Status
    10000 0 A

    Table 2-63 After Block of 1000

    Facility Available Amount Block Amount Block Status
    9000 1000 A
    Alter Block

    Table 2-64 After New Block of 1000

    Facility Available Amount Block Amount Block Status
    9000 1000 A

    Table 2-65 After Alter Block of 3000

    Facility Available Amount Block Amount Block Status
    7000 3000 A

    Table 2-66 After Alter Block of 2000

    Facility Available Amount Block Amount Block Status
    8000 2000 A
    Increase Block

    Table 2-67 After New Block of 1000

    Facility Available Amount Block Amount Block Status
    9000 1000 A

    Table 2-68 After Increase of 1000

    Facility Available Amount Block Amount Block Status
    8000 2000 A
    Decrease Block

    Table 2-69 After New Block of 1000

    Facility Available Amount Block Amount Block Status
    9000 1000 A

    Table 2-70 After Decrease of 500

    Facility Available Amount Block Amount Block Status
    9500 500 A
    Reverse Block

    Table 2-71 After Block

    Facility Available Amount Block Amount Block Status
    8000 2000 A

    Table 2-72 After Reverse of Block

    Facility Available Amount Block Amount Block Status
    10000 0 A
    Reopen Block

    Table 2-73 After Reopen of Block

    Facility Available Amount Block Amount Block Status
    10000 0 A
    Liquidate Block

    Table 2-74 After Block

    Facility Available Amount Block Amount Block Status
    8000 2000 A

    Table 2-75 After Liquidate of Block

    Facility Available Amount Block Amount Block Status
    10000 0 A

    Table 2-76 Limit Block Maintenance - Transaction Details - Field Description

    Field Description
    ID Indicates the transaction ID.
    Customer No The system displays the customer number to which the Facility, Liability, Collateral, Collateral Pool are linked. The option list displays all valid customer numbers linked to the facility and liability number selected on this screen. You can select the customer number from the option list.
    Entity Type The system displays the entity type to which the entity is associated.
    Default liability When a customer number is selected from list of values, default liability flag is checked by default and Liability No column shows the liability to which this customer is linked as default.

    If a customer is linked to multiple liabilities and block transaction needs to consider the entity belonging to a liability which is not default, then default liability needs to be unchecked and liability number can be selected from list of values against this field.
    Liability No Liability which is linked to customer in Customer to Liability Link Maintenance screen (GEDCULIK).
    Liability Currency The currency with which the liability is associated.
    Block Currency Specify the currency based on which the Block amount for the limit has to be considered.
    Block Amount Specify the amount to be blocked.
    Amount Tag The amount tag entered in Amount Tag Maintenance screen is displayed here.

    Amount tag would be required when there are multiple utilization for the same reference number. This tag would indicate which component needs to be authorized.
    Block Product Specify the product for the transaction.
    Liability Block Amount Displays the liability blocked amount.
    Line Code Specify the facility here.
    Serial No Indicates the Enterprise Limits and Collateral Management generated unique identifier for the facility. The Serial No field is disabled and it gets defaulted from the Facilities Maintenance screen.
    Collateral Code Specify the collateral code here. Each Collateral code should be unique.
    Pool Code Specify the Pool Code here. The pool code assigned to each collateral pool can be linked to a liability while creating credit limits.
    Limit Currency The limit currency of the facility.
    Limit Block Amount Specify the amount blocked from the limit in limit currency. In case of cross currency block transaction, convert the block amount from the transaction currency to Limit Currency and mention it as limit block amount.

    If the limit block amount is specified, foreign currency revaluation and currency revaluation is not applicable for the block transaction.
    Utilization Status Indicates the utilization status, The available options are:
    • A-Active
    • R-Reverse
    • L- Liquidated
    Tenor Basis Click the toggle status to indicate that the utilization should be tracked tenor wise for the facility.
    Days Sepecify the days for which tenor tracking should be done for the utilization. User must have selected the Tenor Basis option before you can specify the days here.
    Maturity Date Specify the date on which the transaction matures.
    Value Date Specify the value date for the transaction.
    Module The module from which the transactions are triggered is displayed.
    Source Code Indicates the product processor name from where the transaction has been originated. This field will be as part of Header section (Source Code).
    Exposure Block Number Specify a unique number for the block you are creating. The system does not allow you to modify it after authorization.
    Exchange Rate Specify the Exchange Rate for cross currency block transaction. The block amount for all Limit Entities such as Facility, Collateral, Pool, Liability and Exposure linked to facility and liability will be calculated in the mentioned block currency directly using this exchange rate instead of the exchange rate mentioned in GEDPARAM.

    Note: The exchange rate mentioned in GEDBLCKS will be used only for the calculation of direct limit entities block.

  3. Click Save to save the record.

Parent topic: Limits and Collateral