1.6 Settlements of FX Contracts

This topic describes the settlements of FX deals through fund transfer.

The Settlements module interface of Oracle Banking Treasury Management allows the user to settle the foreign exchange deals (processed in Oracle Banking Treasury Management) through a funds transfer.

The Settlement Instructions for a foreign exchange deal is captured through four different screens (please refer the topic on Settlements). Through these four screens, you can capture the following information:

• Account details (the details about the accounts that are either debited or credited in the branch).
• Party details (the details about the various parties involved in the deal).
• Information required to be sent as part of messaging.