1.5 ICCB Rule Availability Maintenance

This topic explains the systematic instructions to maintain ICCB Rule Availability.

So far we have discussed the concept of a ‘main’ interest, the attributes of an interest component, and floating rate codes. Now, we go on to definition of an Interest Rule. An Interest Rule identifies the basic nature of an interest component. Each Interest Rule is defined by an alphanumeric code called the Rule ID. Attributes are defined for this Rule ID, which is then linked to a product. When a contract is processed, the interest attributes defined for the Rule ID linked to the product will be applied on the contract, some of which can be changed. An interest rule is created in the same way that any Interest, Commission, Charge and Fee (ICCB) rule is created, as follows:

• The rule is created at the head office branch, by giving it a unique identification and description, in the ‘Treasury ICCB Rule Branch Availability’ screen. In this screen, the rule is made available for use in the required branches by maintaining an allowed / disallowed list of branches.
• At the required branch, in the ‘Treasury ICCB Rule Details’ screen, the attributes for the rule are defined. Maintaining the attributes in this screen is subject to whether maintenance of ICCB rules is allowed for the branch, and also whether the rule for which attributes are being defined, is allowed for the branch. To recall, at the head office of your branch, you can create appropriate ICCB rules and make the rules available to the required branches.

In the Treasury ICCB Rule Availability Maintenance screen, you can maintain ICCB rules, which you can make available to desired branches. You can do this by maintaining a list of branches for which the use of the rule is allowed, or disallowed.

You can define rate codes using the Rate Code Maintenance screen.

1. On the Homepage, enter CFDTRRLA in the text field and then click the next arrow.
   The system displays the Treasury ICCB Rule Maintenance screen.

   Figure 1-4 Treasury ICCB Rule Maintenance

   
   Description of "Figure 1-4 Treasury ICCB Rule Maintenance"
2. Specify the fields in the displayed screen.

   Table 1-4 Treasury ICCB Rule Maintenance - Field Description

   Field	Description
   Rule Identification and Description	You must specify a unique identification for the ICCB rule you are creating. If you are creating a charge rule, specify a unique identification for the interest rule. This is the code that will be used to identify the rule, in all subsequent references to it. You must also specify a unique description for the rule. Note: After the rule has been created in the ‘Treasury ICCB Rule Branch Availability’ screen, the attributes for the rule must be defined in the ‘Treasury ICCB Rule Details’ screen.
   Branch Restrictions	You can maintain a list of allowed branches (that is, the rule will be available for use in the allowed list of branches) or disallowed branches (the rule will not be available for use in the branches in the disallowed list). To recall, the attributes for the rule are defined, in the ‘Treasury ICCB Rule Details’ screen. Maintaining the attributes in this screen, for a branch, is subject to whether maintenance of ICCB rules is allowed for the branch, and also whether the rule for which attributes are being defined, is allowed for the branch. For details about the Common Branch Restrictions, refer the Security Management System user manual. For example, you have created the following Common Branch Restrictions: Table 1-5 Common Branch Restrictions Home Branch Restriction Type Allowed Branches 000 ICCBRULE 000, 001, 002, 005 001 ICCBRULE 001, 006 The administrator of branch 000 can create, modify and delete ICCB rules in the branches 000, 001, 002 and 005, but not for 006.