2.7.1.4 Restriction Preference

This topic describes about configuring products to allowed or disallowed branches, customer categories and/or adhoc codes

These restrictions maintained at product level are validated while on-boarding loan account / Line of Credit.

Note:

• Branch Code restriction will be applicable on the branch where the account is getting opened.
• Customer category code restriction will be applicable on customer category of the primary customer of the loan account / Line of Credit.
• User can configure either the allowed list or the disallowed list for a product, but not both at the same time.

1. Click Next in the Product Preference screen to define the stage.
   The Restriction Preference screen is displayed.

   Figure 2-59 Restriction Preference - Category Code Restriction

   
   

   
   Description of "Figure 2-59 Restriction Preference - Category Code Restriction"

   
   
2. Select the Category Code Restriction tab.
   The Restriction Preference - Category Code Restriction screen is displayed.

   User can create a product with allowed/ disallowed list of Customer Categories in Restriction preference.

   1. Select the appropriate option allow/disallow some products for configuring restriction preferences.
   2. Specify the fields on the Restriction Preference - Category Code Restriction screen.

      Table 2-59 Restriction Preference - Category Code Restriction - Field Description

      Field	Description
      Category Code Restriction	The list of allowed/disallowed customer categories can be configured in this section. Note: Customer category code restriction will be applicable on customer category of the primary customer of the loan account / Line of Credit.
      Restriction Details	Select the restriction details from the drop-down list. The available options are: Allowed Disallowed Note: The Allowed option requires a minimum of one customer category code to be added. For the Disallowed option, user can add a list of category codes, but this is not mandatory.
      Customer Category Details	The Customer categories maintained in Core Maintenance → View Customer Category. Select the appropriate category from the provided pick-list to add the customer categories.
      + button	Click to add a row.
      Delete	Click to delete a row that is already selected.
      Customer Categories Code	Specify the allowed/disallowed customer category code from the drop-down list.
      Customer Category Description	Displays the customer category description.
      Action	Displays the actions to be taken for restriction preference. The available options are: Edit - Click to edit the restriction preference. As user clicks this icon, the fields becomes editable. User can edit the required details and click Save. Delete - Click to delete the restriction preference record.

3. Select the Branch Code Restriction tab.
   The Restriction Preference - Branch Code Restriction screen is displayed.

   You can create a product with allowed/disallowed list of branch codes in Restriction preference.

   1. Select the appropriate option allow/disallow some products for configuring restriction preferences.
   2. Specify the fields on the Restriction Preference - Branch Code Restriction screen.

      Figure 2-60 Restriction Preference - Branch Code Restriction

      
      

      
      Description of "Figure 2-60 Restriction Preference - Branch Code Restriction"

      
      

      Table 2-60 Restriction Preference - Branch Code Restriction - Field Description

      Field	Description
      Restriction Details	Select the restriction details from the drop-down list. The available options are: Allowed Disallowed Note: The Allowed option requires a minimum of one branch code to be added. For the Disallowed option, you can add a list of branch codes, but this is not mandatory.
      Branch Code Details	The Branch Codes maintained in Core Maintenance → External Branch Parameters → View External Branch Parameters screen are shown in the list of adding the branch codes.
      + button	Click to add a row.
      Delete	Click to delete a row that is already selected.
      Branch Code	Specify the allowed/disallowed branch code from the drop-down list.
      Branch Description	Displays the branch description,
      Action	Displays the actions to be taken for restriction preference. The available options are: Edit - Click to edit the restriction preference. As user clicks this icon, the fields becomes editable. User can edit the required details and click Save. Delete - Click to delete the restriction preference record.

4. Select the Adhoc Restriction tab.
   The Restriction Preference - Adhoc Restriction screen is displayed.

   User can create a product with allowed/ disallowed list of Adhoc codes in Restriction preference. The allowed values of adhoc codes are defined by the lookup type ADDL_RESTRICTION

   1. Select the appropriate option allow/disallow some products for configuring restriction preferences.
   2. Specify the fields on the Restriction Preference - Adhoc Restriction screen.

      Figure 2-61 Restriction Preference - Adhoc Restriction

      
      

      
      Description of "Figure 2-61 Restriction Preference - Adhoc Restriction"

      
      

      Table 2-61 Restriction Preference - Adhoc Restriction - Field Description

      Field	Description
      Adhoc Code Details	This section enables the configuration of products subject to Regulation Z (Reg Z) and Insider exposure limit.
      + button	Click to add a row.
      Delete	Click to delete a row that is already selected.
      Adhoc Code	Specify the allowed/disallowed adhoc code from the drop-down list. The available options are: REGZ_APPLICABLE- If attached, the product is categorized as Reg Z-enabled, and corresponding compliance features shall be triggered. This is to identify whether the Product is RegZ applicable or not INSIDER_LIMIT_APPLICABLE - If attached to a product, insider lending limit validations will apply. The Insider Exposure Service aggregates the balances of all accounts under this product to calculate the total party exposure.
      Adhoc Code Description	Displays adhoc code description.
      Action	Displays the actions to be taken for restriction preference. The available options are: Edit - Click to edit the restriction preference. As user clicks this icon, the fields becomes editable. User can edit the required details and click Save. Delete - Click to delete the restriction preference record.

5. Perform one of the following action:
   • Click Cancel to close the details without saving.
   • Click Back to go back to previous tab.
   • Click Save and Close to save the details.
   • Click Next to save and navigate to the next screen.