21.1.1.1.4 Trading in securities that do not belong to a portfolio

You may encounter a situation where your customer requests you to sell securities that are not held in any of the portfolios that the customer maintains with the bank When entering the details of this deal in Oracle Banking Treasury Management, you can indicate this situation by checking against the option 'Accompany Lodge'. By checking this option, you indicate that the holding of the customer in any of the portfolios maintained with the bank should not be reduced on account of the deal. For example, your customer requests you to sell 100 units of a security. But these securities do not belong to any portfolio that the customer maintains with the bank. Another such situation is when a customer requests you to buy securities but does not want them to be held in any portfolio that the customer maintains with the bank. When entering the details of such a deal, check against the option 'Accompany Withdraw'. By checking this option you indicate that the holding of the customer in any of the portfolios maintained with the bank should not increase on account of the deal.

Note:

This situation will arise only when the bank is trading securities on behalf of a customer or while processing a deal for a walk-in-customer.