4 Process Repayments

When you make a Money Market deal, you also decide on the terms of the repayment of the placement or borrowing. You may have your repayment schemes; for example, you may prefer monthly repayments of interest or the repayment of the principal on maturity, and so on. Or, you may design repayment schedules to suit the convenience of your customer. Your customer may want the repayments done daily, instead of every week, for example.

In Oracle Banking Treasury Management, you can customize your repayment schedules for a Money Market product. The same schedules will, by default, apply to the deals involving the product. However, when processing a specific deal, you can change the repayment schedule, which it inherits, from the product it involves.

This topic has the following sub-topics:

• Define Schedules for a Product
  This topic describes the repayment schedules definition for the product.
• Schedule Preferences
  This topic provides the instructions to capture the product schedule preferences.
• Define Repayment Schedules
  This topic provides the instructions to capture the repayment schedules.
• Specify the Contract Preferences
  This topic describes the back valued schedules liquidation, move schedules forward or backward, specify the holiday currency, mode of liquidation, and cascade schedules.
• Revision and Repayment Schedules
  This topic describes the interest rate revision schedules, rate revision frequency, rate revision dates, repayment schedule, and schedules for a deal with a fixed interest rate.
• Redefine Schedules
  This topic describes how to redefine schedules.
• Schedule Details
  This topic provides the instructions to capture the Schedule Details.
• Make Manual Payments
  This topic provides the instructions to capture the Manual Payments.
• Split Settlements
  This topic provides the instructions to capture the details of the split settlements.