1. Foreign Exchange User Guide
  2. Define Attributes Specific to FX Products
  3. Product Combinations
  4. Maintain Product Category Details for Internal Swap Transactions
  5. Validations for Product Category Details for Internal Swap Transactions

3.4.3.2 Validations for Product Category Details for Internal Swap Transactions

  • The Product category must be unique across all categories and Oracle Banking Treasury Management products.
  • No modification should be allowed (except closure) once a product category has been authorized.
  • The MM Products must have auto liquidation marked as YES.
  • The MM Products must have payment type as Bearing.
  • The MM products must have rollover set to NO.
  • The MM products must have only one interest component (main) defined for the principal amount.
  • The MM products having negative interest class can be linked.
  • The rate type of the main interest component should be fixed for both MM products.
  • The schedule type for the principal and the interest component should be BULLET at the MM product level.
  • The FX products must have Cross Currency deals allowed set to YES.
  • The FX products must have rollover allowed set to NO.
  • The FX products must have Auto liquidation allowed set to YES.

Parent topic: Maintain Product Category Details for Internal Swap Transactions