6.1.3 Identify the Customer as a CLS Participant and Maintain Currency Restrictions

This topic provides the instructions to capture the Customer as a CLS Participant and Maintain Currency Restrictions.

At the time of maintaining the details of a customer in the Customer Information Maintenance screen, you can mark the customer as a CLS Participant.

1. From the Home page, type STDTRCIF in the text box, and click the next arrow.
2. On the Treasury Customer Additional Details Maintenance screen, Click CLS Restrictions.

   You are allowed to capture currency restrictions only for customers who are CLS participants.

   However, ensure that the branch at which the customer operates is also qualified to process CLS deals i.e. the branch should also be marked as a CLS Participant (refer the section titled ‘Maintaining CLS Preferences for the branch’ in this chapter) before allowing the same for the customer.

   CLS Currency Restrictions screen is displayed.

   Figure 6-2 CLS Currency Restrictions

   
   Description of the illustration stdcif__cvs_cls.jpg

   Note:

   All the currencies that are allowed for CLS trading will be listed as available currencies. You may define a list of allowed or disallowed CLS currencies for a specific customer. By default, every customer who is a ‘CLS Participant’ will be allowed to trade in all the available CLS currencies unless specifically mentioned. Only if the customer is allowed to transact in a CLS currency, the particular deal will be eligible for CLS trading.