2.2.1 Bills and Collection

  1. Bills Commission
    Provision to collect Acceptance and Co-Acceptance commission for Bills
    • Commission class enhanced to support BC and IB modules.
    • BC and IB product maintenances enhanced to capture Commission related parameters namely commission components and rules.
    • Commission subsystem introduced in BC online screen to process commission.
  2. Automation of Charges and Net Amount in MT752
    Provision to default Charges and Net Amount in 71DCHARGES and 33TOTAMTCLMD
    • Charges deducted from negotiating bank to be defaulted to FFT-71DCHARGES and the same to be populated in MT752.71D.
    • Net amount payable to negotiating bank namely total amount advised minus charges deducted to be defaulted to FFT-33TOTAMTCLMD and the same to be populated in MT752.33A/B.