2.2.1 Documentary Collections

1. Interest Rate Interpolation
   Provision to calculate Floating interest rate based on Interpolation Method - Actual Days.

   • New option Interpolation Method introduced in Trade Finance Bank Preference Maintenance (STDTFBNK) with values Slab Based and Actual Days.
   • Slab Based indicates existing interest rate derivation. Actual Days introduced to derive effective interest rate based on Actual Days.
2. Accrual entries display
   Provision to display ACCR entries based on parameter.

   • ACCR Events Display Count introduced in Trade Finance Bank Preference Maintenance with provision to capture maximum of 100.
   • ACCR events will not be displayed when count is maintained as 0. ACCR events will be displayed until the ACCR Entries Display Count. Once ACCR events count is more than the maintained count, ACCR events will not be displayed.
3. Non Conforming Reimbursement Claim
   Provision to capture Non Conforming Reimbursement Claim details for Export Bills under LC.

   • Reason for Non-Payment Code, Reason for Non-Payment Narrative, Disposal of Reimbursement Claim and Disposal of Reimbursement of Reimbursement Claim Narrative fields introduced in BC online screen.
   • Details can be captured during amendment of Bill provided MT742 was already sent and Reimbursing Bank is a party of the bill.