1 OBTF – FCUBS Integration – Corporate Deposit & CASA
The integration between OBTF and FCUBS enables banks to do the following:
- Linking a CASA accounts/CD contracts in Bills and Collections/Islamic Bills and Collection/Letters of Credit/ Islamic Letters of Credit/Guarantee/Islamic Guarantee during initiation and amendment of import or export contract.
- Delinking a CASA accounts/CD contracts in Bills and Collections/Islamic Bills and Collection/Letters of Credit/ Islamic Letters of Credit/Guarantee/Islamic Guarantee during amendment or during any of these events bills liquidation, availment, contract closure, rollover, claim lodgment of LC/Guarantee.
- Release amount block request sent to FCUBS during handoff from external system for contracts in Bills and Collections/Islamic Bills and Collection/Letters of Credit/ Islamic Letters of Credit/Guarantee/Islamic Guarantee.