1.4.3 Levying Charges on the Recipient of a Message

You can define these charges for a Receiver, Media and Country combination. You can define these charges in the Message Charges Maintenance screen, which is invoked from the Application Browser. On the messages that are generated from Oracle Banking Treasury Management, you can levy charges

1. On the Homepage, enter MSDCHRMN in the text field and then click the next arrow.
   The Charges Maintenance screen is displayed.

   Figure 1-5 Charges Maintenance

   
   Description of "Figure 1-5 Charges Maintenance"
2. On the Charges Maintenance screen, specify the fields.
   For field details and description, refer to the below table.

   Table 1-7 Charges Maintenance - Field Description

   Field	Description
   Charges Maintenance	Enter the following details in the Message Charges Maintenance screen. Receiver Media Currency Country Amount
   Defining Charges for a Specific Recipient	The message generation charges that you define in this screen are for a Recipient (customer or bank) + Media (SWIFT, Telex, Mail, and Fax) + Country combination. You can select the appropriate Receiver/Media/Country codes from the option lists available. For a given combination, you can define a charge amount and specify the currency in which the charge should be levied. The account of the recipient will be automatically debited for the charge amount during the event at which the message is generated.
   Defining Charges for All Recipients	You can define a charge that can be levied on all customers that are recipients of messages generated from your bank. To make the charge applicable to all recipients, choose the ‘ALL’ option in the Receiver field. If you have defined a charge to be applied to all customers, and also defined a similar charge for a specific customer, the customer charge takes precedence.
   Identifying the Receiver, Media and Country Combination	In this screen, you need to identify the Receiver, Media and Country combination for which a particular charge amount is to be debited. The receiver of charges is the customer of your bank for whom you are maintaining charge maintenance details. Since advices can be sent to customers through various media, you can choose to maintain separate charge amounts depending on the type of media being used. In addition, you have to indicate the country of the customer for whom you are specifying charge maintenance details. Each time you process a transaction in Oracle Banking Treasury Management for the respective Receiver, Media, and Country combination, the system automatically deducts the charge amount associated with the particular combination. The charge amount is deducted from the customer account and the relevant accounting entries will be posted based on the accounting entry set-up defined for the product involved in the contract.
   Specifying the Currency and Amount	In addition to specifying the Receiver + Media + Country combination, you have to indicate the currency in which the charge amount is to be collected. Subsequently, you can specify the amount for which the customer account is to be debited.
   Maintaining Wildcard Records	You have the option of using the wildcard ‘All’ in all or some of the fields to indicate that the charge maintenance details are applicable for all customers, irrespective of the media type, the resident country to which they belong, and the currency in which the amount is to be deducted. Let us assume that you have maintained the following specifications in a Charge Maintenance record: Receiver – All Media – SWIFT Country – All Currency Code – All Amount – 35.00 The system will by default use this record to deduct charges incurred for sending advices through SWIFT for all the customers of your bank irrespective of their resident country. Moreover, an amount of 35.00 will be deducted as advice processing charges in the currency of the customer account.