4.5.1 Upload Options Contract for Amendment

From an external system, you can upload contracts that require amendment in Oracle Banking Treasury Management. The system will distinguish between the new and the contracts that require amendment based on the action code of the uploaded record. For a contract requiring amendment, the action code is AMND’ If the action code is AMND, Oracle Banking Treasury Management will first check whether the contract exists in the system or not. If the contract does not exist in the system, an error message is displayed to notify that the contract cannot be amended.

The Reference Number provided by the external system has to same if it is a new contract or if it is an amendment to an existing contract.

When you upload a new contract, the Reference Number is displayed in the User Reference Number field for that contract. The User Reference Number is the basis for checking whether the contract exists or not.

The upload for contract amendment will trigger the AMND event. The same event is triggered even when the amendment is done in the Options Contract Input screen.

The fields that can be amended for an options contract are as follows:

• Credit Line Code
• Remarks

Amendments can be of two types:

• Financial
• Non-Financial

For financial amendment, the contract is reversed and new contract is booked based on the new values created. The other values are defaulted from the contract that is amended.

For non-financial amendment, the same contract can be modified. The non-financial fields are:

• Expiry Location
• Expiry Time
• Remarks