5 Finance Amendment

This topic describes the information to initiate amendment and processing the amendment task.

Finance Amendment functionality enables the banks to modify the tenor of the outstanding finances/loans for corporate customers in the supply chain finance system. Based on your role, you can initiate the amendment of a loan on behalf of the corporate customer. The amendment request can initiated from the Finance Amendment screen.

The Finance Amendment process involves the below steps:

• Initiate Finance Amendment
  This topic describes the systematic instruction to initiate finance amendment to modify the outstanding finances/loans for corporate customers.
• Processing Amendment Task
  This topic describes the steps to process the amendment record.