2.8.4.1 Default the Credit Lines

As mentioned above, in a FX contract creation, the following credit lines are involved:

• Settlement Risk Credit Line
• Pre-Settlement Risk Credit Line
• Weighted Risk Credit Line
• Following are the possible ways to set these credit lines:
• If Track Settlement Risk box is checked and if no Settlement Risk Credit Line is provided as part of the upload, then list of valid lines maintained for the Counterparty, Product, Branch, Currency will be determined. If there exists only one line for the combination specified, then that will be defaulted.
• If Track Pre-Settlement Risk box is checked and if no Pre-Settlement Risk Credit Line is provided as part of the upload, then list of valid lines maintained for the Counterparty, Product, Branch, Currency will be determined. If there exists only one line for the combination specified, then that will be defaulted.
• If Track Weighted Risk box is checked and if no Weighted Risk Credit Line is provided as part of the upload, then list of valid lines maintained for the Counterparty, Product, Branch, Currency will be determined.
• If there exists only one line for the combination specified, then that will be defaulted.