1.2.9 Branch Restriction

Use Branch Restriction in the Treasury Product Restriction screen to maintain restriction lists for a product.

You can achieve these controls by maintaining restriction lists when creating a product. When you create a product, you can specify the branches of your bank that can offer it and the currencies that are allowed or disallowed for it.

Note:

When you create a product, it is, by default, available to all the branches of your bank and in all currencies.

From the head office of your bank, you may want to establish certain controls or standardize operations across the branches of your bank. For instance, you may want to restrict the products you offer to select branches and currencies.

1. Click Branch Restriction in the Treasury Product Restriction screen to maintain a list of allowed/disallowed branches and currencies.
   The Branch Restriction screen is displayed.

   Figure 1-10 Treasury Product Restriction- Branch Restriction

   
   Description of "Figure 1-10 Treasury Product Restriction- Branch Restriction"
2. In the Branch Restriction screen, specify the fields.
   When defining a product, you can choose to specify Branch and Currency Restrictions either by:

   • Associating the product with a Branch and Currency Restrictions Class
   • By defining these restrictions specifically for the product in the Branch and Currency Restrictions screen

   . For detailed explanation on the fields, refer to the below table.

   Table 1-9 Treasury Product Restriction- Branch Restriction- Field Description

   Field	Description
   Product Code	This is defaulted from the Product definition screen.
   Product Description	This is defaulted from the Product definition screen.
   Branch Restrictions List	Select the Branch Restriction List from the drop-down list to maintain the list of allowed/disallowed branches. The available values are: Allowed Disallowed You can specify branch and currency restrictions in the form of allowed lists or disallowed lists. If you create ‘allowed’ lists of branches and currencies, the product can only be offered in those branches and currencies that are part of the respective allowed lists. On the other hand, if you maintain ‘disallowed’ lists, the product cannot be offered by the branches and currencies on the respective disallowed lists. You can indicate whether you are maintaining an allowed or a disallowed list type by choosing the appropriate option. For example, you have a network of twenty branches. You would like to exclude six branches from trading in securities. You would like all other branches to deal in securities. Since there are more branches that can offer the facility than those that cannot, you can opt to maintain a disallowed list, and include the six disallowed branches in it.
   Default From Class	Click Default From Class to associate a branch and currency restrictions class to a product. The product acquires the restrictions defined for the class. If you do not use a class to indicate branch and currency restrictions, you should define these restrictions specifically for the product in the ‘Branch and Currency Restrictions’ screen.
   Currency Restriction List	Select the Currency Restriction List from the drop-down list to maintain the list of allowed/disallowed currencies. The available values are: Allowed Disallowed You can specify branch and currency restrictions in the form of allowed lists or disallowed lists. If you create ‘allowed’ lists of and currencies, the product can only be offered in those branches and currencies that are part of the respective allowed lists. On the other hand, if you maintain ‘disallowed’ lists, the product cannot be offered by the branches and currencies on the respective disallowed lists. You can indicate whether you are maintaining an allowed or a disallowed list type by choosing the appropriate option.
   Class Code	In Oracle Banking Treasury Management, you can define a set of customer restrictions as a class. You can maintain several restriction classes. When creating a product, you can associate it with a customer and category restrictions class that best suits your requirement. The manner of creating a restrictions class is similar to setting up restrictions for a product, as explained below.
   Class Description	Specify customer and category restrictions in the form of allowed lists or disallowed lists. If you create ‘allowed’ lists of branches and currencies, the product will be applicable only for those categories and customer types that are part of the respective allowed lists. On the other hand, if you maintain ‘disallowed’ lists, the product will not be applicable for those categories and customer types on the respective disallowed lists. You can indicate whether you are maintaining an allowed or a disallowed list type by choosing the appropriate option. In Oracle Banking Treasury Management, you can define a set of customer restrictions as a Customer Restrictions Class. You can maintain several restrictions classes of customer categories. When creating a product, you can associate it with a customer restrictions class that best suits your requirement. The procedure for creating a customer restrictions class is similar to setting up customer restrictions for a product, as explained below. If you would like to associate a customer restrictions class to a product, click Default From Class button in the Product Customers and Categories Restrictions screen. The product acquires the restrictions defined for the class.
   Branch/Currency Code	Under Branch and Currency Restrictions respectively specify the code of the branch and currency that should be allowed/disallowed for the product. You can select the required code from the adjoining option lists.