2.3.8 Settle Deals
For a customer, you can maintain settlement preferences, centrally, in the Settlements subsystem of Oracle Banking Treasury Management. Defining preferences centrally means you do not have to specify settlement details every time you enter into a deal. Security deals are settled, by default, according to the preferences specified for the counterparty. When entering into a deal, however, you can change the default settlement details.
Parent topic: Started with the Module