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.