2.4 Facility Block

This topic describes about the information on blocking funds for the facility

You can block funds for the facility using the Facility Blocking screen.

Note:

Facility block maintenance can also be performed using GEDFBLCK or GEDBLCKS which is a common block maintenance screen for both collateral and facility.

Facility Blocking

Using the Facility Block screen , you can place block on the facility

Note:

During block transaction, non-revolving facilities will act as revolving facilities.

Note:

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

    Figure 2-37 Facility Block


    Description of Figure 2-37 follows
    Description of "Figure 2-37 Facility Block"

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

    Table 2-117 Facility Block - Field Description

    Field Description
    Block Reference Number Specify the unique number which is to be assigned for every block to be created.
    Simulate

    Switch to On 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 liability, facility and collateral pool.

    Switch to Off to indicate that the details not to simulated.

    Select this check box 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 liability, facility and collateral pool.
    Force Process Ovd Displays 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 the entities (liability, facility, and collateral pool). The available options are:
    • New Block
    • Increase Block
    • Decrease Block
    • Alter Block
    • Reverse Block
    • Re-open Block
    • Mature
    • Delete

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

    New Block

    Table 2-118 Before Block

    Available Amount Utilization Amount Utilization Status
    10000 0 A

    Table 2-119 After Block of 1000

    Available Amount Utilization Amount Utilization Status
    9000 1000 A

    Alter Block

    Table 2-120 After New Block of 1000

    Available Amount Utilization Amount Utilization Status
    9000 1000 A

    Table 2-121 After Alter Block of 3000

    Available Amount Utilization Amount Utilization Status
    7000 3000 A

    Table 2-122 After Alter Block of 2000

    Available Amount Utilization Amount Utilization Status
    8000 2000 A

    Increase Block

    Table 2-123 After New Block of 1000

    Available Amount Utilization Amount Utilization Status
    9000 1000 A

    Table 2-124 After Increase of 1000

    Available Amount Utilization Amount Utilization Status
    8000 2000 A

    Decrease Block

    Table 2-125 After New Block of 1000

    Available Amount Utilization Amount Utilization Status
    9000 1000 A

    Table 2-126 After Decrease of 500

    Available Amount Utilization Amount Utilization Status
    9500 500 A

    Reverse Block

    Table 2-127 After Block

    Available Amount Utilization Amount Utilization Status
    8000 2000 A

    Table 2-128 After Reverse of Block

    Available Amount Utilization Amount Utilization Status
    10000 0 A

    Reverse Block

    Table 2-129 After Reverse of Block

    Available Amount Utilization Amount Utilization Status
    10000 0 A

    Reopen Block

    Table 2-130 After Block

    Available Amount Utilization Amount Utilization Status
    10000 0 A

    Table 2-131 After Reopen of Block

    Available Amount Utilization Amount Utilization Status
    10000 0 A

    Liquidate Block

    Table 2-132 After Block

    Available Amount Utilization Amount Utilization Status
    8000 2000 A

    Table 2-133 After Liquidation of Block

    Available Amount Utilization Amount Utilization Status
    10000 0 L

    Note: For NRS lines, facility amount can be blocked only to the extent of Available Amount. NRS Available amount will not be considered during facility block transaction.

    Transaction Details Specify the fields under this section.
    ID Indicates the transaction ID.
    Customer No Click the Search icon and select the customer number from the list. The system displays the customer number to which the liability, facility, and collateral pool are linked. The option list displays all valid customer numbers linked to the liability number selected on this screen.
    Entity Type Select the limit type from the drop down list. The options available are:
    • Liability
    • Facility
    • Collateral Pool
    Default liability

    Switch to On to enable this parameter. When a customer number is selected from drop-down list, default liability toggler is enabled by default and Liability No column shows the liability to which this customer is linked as default.

    Switch to Off to disable this parameter. If a customer is linked to multiple liabilities and blocking transaction needs to consider the entity belonging to a liability which is not default, then default liability needs to be disable and liability number can be selected from drop-down list against this field.

    Liability No Click the Search icon and select the liability number from the list. The liability which is linked to customer in Customer to Liability Link Maintenance screen (GEDCULIK) is displayed here.
    Liability Currency Displays the currency based on the selected liability number.
    Block Currency Click the Search icon and select the currency based on which the Block amount for the facility has to be considered.
    Block Amount Specify the amount to be blocked.

    For NRS lines, facility amount can be blocked only to the extent of Available Amount. NRS Available amount will not be considered during facility block transaction
    Amount Tag Click the Search icon and select the amount tag fromt the list. The Amount Tag entered in Amount Tag Maintenance screen is displayed here.
    Block Product Click the Search icon and select the product for the transaction.
    Liability Block Amount Displays the liability blocked amount
    Line Code Click the Search icon and select the line code from the list.
    Serial No The Serial No field is disabled and it gets defaulted from the Facilities Maintenance screen.
    Collateral Code Click the Search icon and select the collateral code from the list.
    Pool Code Click the Search icon and select 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 Displays the utilization status. The other options to be displayed are:
    • Active
    • Reverse
    • Liquidated
    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 Click the Search icon and select the 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 (Liability, Facility and Exposure linked to liability and facility) 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 GEDFBLCK will be used only for the calculation of direct limit entities block

  3. Click Save to save the record.

Parent topic: Limits