1.2.4 Charges

Use the Charges Details screen to define the charge rules.

You can calculate charges and fees for a contract in the following manner:

• Define a Charge/Fee Rule
• Build a Charge Class and associate it with a rule
• Associate a product with charge classes. These classes apply on all contracts processed under the product
• Amend, if required, certain charge details that a contract acquires from the product under which it is processed

You can identify the charge component for a product in the Charge Details screen.

On the transactions and contracts you enter in Oracle Banking Treasury Management, you may opt to levy charges or fees.

1. Click Charges Details button from the Product Definition screen of any module to invoke this screen.
   The system displays the Charge Details screen.

   Figure 1-3 Charge Details

   
   Description of "Figure 1-3 Charge Details"
2. Specify the fields.
   The steps involved in processing charges for a contract, i.e. Defining charge rules, defining charge classes, associating charge classes with a product, and amending charge details to suit a contract are explained in the Charges User Manual.