23.2 Specify the SK locations and accounts
This topic describes how to specify the SK location and accounts.
As part of the general maintenance for the Securities module of Oracle Banking Treasury Management, you can define various SK locations. The securities can be lodged or withdrawn or bought into or sold from the SK locations as and when they are traded with. In addition to maintaining SK locations, you need to define SK accounts for each of the locations maintained. 24-4 The codes assigned to SK locations and SK account in the SK Location Maintenance screen, are picked up and displayed in this screen.
Therefore while transferring a specified quantity of securities from one SK location to another, you have to indicate the SK location code from which securities are to be withdrawn and the location where they are to be lodged. In addition, you are also required to indicate the accounts from and to which securities are to be transferred.
You can do this by entering details in the Transfer From and Transfer To fields. You can transfer a specified quantity of securities from one account to another within an SK location. Indicate the SK location code in the Transfer From field and specify the account from and to which the securities are to be transferred.
Form Type
When you change the form type of a security, from Immobilized to Dematerialized, you can initiate a securities transfer. The transfer of securities can either be across SK locations, it can be from one account to another in the same SK location, or it can be from one form to another.
Move on to the Other Screens
Table 23-2 Sub-systems
Sub-systems | Description |
---|---|
Settlement |
Enter the settlement message details. You can specify details such as: The accounts to be debited for charges. The method in which the transfer is to be settled whether it is an instrument ( as in a check or a demand draft) or a message (as in SWIFT or mail message). Details about the parties involved in the transfer. |
MIS |
Enter the transaction MIS details. |
Advices |
Enter the leg advices. You can view, suppress and priorities the advices that are to be generated for each leg of the deal. |
ICCF |
View the charge details associated with the product. You are allowed to amend the charge amount and if necessary waive the application. |
Tax |
View the transaction tax details. In addition to changing the tax amount you can also waive the application. |
Parties |
Enter details of parties and party narratives. |
Parent topic: Securities Transfer Across Locations