5.20.1 Foreign Exchange Payment Input

1. On the Home page, type FXDTRPAY in the text box, and click next arrow.

   The Foreign Exchange Payment Input screen is displayed.

   Figure 5-20 Foreign Exchange Payment Input

   
   
   Description of the illustration fxdpmnt__cvs_main.jpg
   

   The basic details of the deal indicating whether it is a Buy or Sell type of deal, the currency of the deal and the buy and sell currency and amounts will be displayed. You have to indicate whether the deal amount is to be liquidated or canceled, and specify relevant details such as the Deal Rate and Amount.

   To maintain details of a new FX Cancellation/Liquidation record, select New icon in the Application tool bar or click new icon. The FX Liquidation/Cancellation screen will be displayed without any details.

   Every record that you create will be processed in Oracle Banking Treasury Management only after it is authorized. A user bearing a different Login ID authorize the record that you have created.

   The following details are displayed/captured here.

   Table 5-19 Field Description

   Field	Description
   Reference Number	This is defaulted from the contract online. Fetch the transactions of all branches by choosing either contract reference number or branch from this option list.
   User Reference Number	This is defaulted from the contract online.
   Outstanding Amount	This is defaulted from the contract online.
   Currency	This is defaulted from the contract online.
   Counterparty Name	The system displays the name of the specified counterparty based on the details maintained at Treasury Customer Additional Details Maintenance level.
   Dealer	This is defaulted from the contract online.
   Buy/Sell	The Buy option is selected if it is a Buy type of deal. If it is a Sell type of deal, the Sell option is selected.
   Liquidate/Cancel	This indicates whether the deal is liquidated or canceled.
   Bought/Sold Currency	The currency of the bought leg and the sold leg of the FX contract is displayed in the Bought Currency and Sold Currency respectively.
   Bought/Sold Amount	FX deals can be canceled partially and the balance either extended or settled. You also have the option of canceling the deal completely Similarly, you also have the option of liquidating the deal either partially or fully. The entire amount involved in the deal will be picked up and defaulted in the Bought/Sold Amount fields respectively. While performing a partial liquidation you have to specify the amount that is to be liquidated. If not, the entire amount will be liquidated, and the system will treat it as an early settlement of the deal. Similarly, if you are performing a partial deal cancellation, indicate the amount that is to be canceled. When the deal amount is left as it is the system will treat it as deal cancellation. On saving the transaction after entering all the required details in the system, the system validates the value of the bought/sold amount against the following: Product transaction limit. User Input limit If the transaction currency and the limit currency are different, then the system converts the amount financed to limit currency and checks if the same is in excess of the product transaction limit and user input limit. If this holds true, the system indicates the same with below override/error messages: Number of levels required for authorizing the transaction Transaction amount is in excess of the input limit of the user

   This topic has the following sub-topic

• Deal Rate