4.3 Process deal using FX Contract Online Screen

This topic describes the systematic instruction to process deal using the FX Contract Online Screen.

1. On the Home page, specify FWDTRONL in the text box, and click next arrow.

   Foreign Exchange Pre-Settlement Contract Online screen is displayed.

   Figure 4-1 Foreign Exchange Pre-Settlement Contract Online

   
   Description of "Figure 4-1 Foreign Exchange Pre-Settlement Contract Online"
2. On the Foreign Exchange Pre-Settlement Contract Online screen, specify the fields.

   Following operations are allowed in this Contract Online:

   1. Amendment of the Contract
   2. Financial Amendment
   3. Non-Financial Amendment

   1. Authorization of the Deal
   2. Cancellation of the Deal

   Table 4-3 Foreign Exchange Pre-Settlement Contract Online - Field Description

   Field	Description
   Product Code	Indicates the product code of the deal.
   Product Description	Indicates the product description of the selected product.
   Pre-settlement Reference	Indicates the Unique reference number for the deal at the Pre-Settlement layer.
   Action Type	Indicates the Action type of the latest version. The various actions can be New, Modify or Cancel
   Contract reference	Indicates the Contract reference of the deal created in product processor.
   Deal Source	Indicates source system from which the deal is originated.
   Related Reference	Indicates related reference of the contract.
   Conversation ID	Indicates the Conversation ID from.
   External Reference	Indicates the Reference sent from front office. This remains unique for every deal.
   Front Office Book Time	Indicates Booking time of the contract in the front office.
   Special Handling Code	Special handling code of the deal. If the value is given as 'HVP' or Y, the deal is put into special handling queue.
   Counterparty	Indicates the Counterparty of the deal.
   Short Name	Indicates the Short Name of the counter party.
   Trade Date	Indicates the Trade Date of the Deal.
   Book Date	Indicates the Booking date of the deal.
   Exchange Rate	Indicates the Exchange rate of the contract.
   Cover Rate	Indicates the Cover rate of the deal.
   Product Processor Status	Indicates the status of the contract in product processor.
   Message Status	Indicates the status of the message generation.
   Credit Approval Status	Indicates the credit check status.
   Deal Type	Indicates the Type of deal, whether Buy of Sell deal.
   Bought Currency	Indicates the bought currency of the deal.
   Bought Amount	Indicates Bought amount of the deal.
   Bought Value Date	Indicates the bought value date of the deal.
   Sold Currency	Indicates sold currency of the contract.
   Sold Amount	Indicates sold amount of the deal.
   Sold Value Date	Indicates sold value date of the contract.
   Settlement Details Buy	Specify settlement details.
   Instruction Category	Instruction category as defaulted from the settlement instruction maintenance.
   Instruction Type	Instruction type as defaulted from settlement instruction maintenance.
   Account Branch	Indicates branch of the settlement account.
   Account	Indicates Settlement Account.
   Remarks	Indicates Remarks of the Deal.
   Credit Approval Remarks	Indicates Remarks on Credit Approval.
   Amendment Reason	Indicates Reason for amendment.
   Reject Reason	Indicates Reason for reject of the contract.

3. On the Foreign Exchange Pre-Settlement Contract Online screen, click Settlements.

   Settlement screen is displayed.

   Figure 4-2 Settlement

   
   Description of "Figure 4-2 Settlement"
4. On the Settlement screen, specify the fields.

   For more information on fields, refer to the below table.

   Table 4-4 Settlements - Field Description

   Field	Description
   Our Receive Account	Indicates Our Receive account
   Receive Party	Indicates Receive Party
   Intermediary Party	Indicates Intermediary Party
   Their Receive Account	Indicates their Receive Party
   Beneficiary Account	Indicates Beneficiary Account
   Receive Party Code	Indicates Receiver Party Code
   Intermediary Party Code	Indicates Intermediary Party Code
   Beneficiary Details	Indicates beneficiary Code
   Beneficiary Name 1	Indicates Beneficiary Name 1
   Beneficiary Name 2	Indicates Beneficiary Name 2
   Ultimate Beneficiary	Indicates Ultimate Beneficiary
   Sender To Receiver Information	Indicates Sender to Receiver information
   Payment Details	Indicate Payment Details
   Receive Differential	Indicates Receive Differential
   Clearing Network	Indicates Clearing network
   Transfer Type	Indicates Transfer Type
   Pay Funding Reference	Indicates Pay Funding Reference
   Receive Funding Reference	Indicates Receive Funding reference

5. On the Foreign Exchange Pre-Settlement Contract Screen, click Queue.

   Queue screen is displayed.

   Figure 4-3 Queue

   
   Description of the illustration fwdtronl_cvs_queue1.png
6. On the Queues screen, specify the fields.

   For more information on fields, refer to the below table.

   Table 4-5 Queue - Field Description

   Field	Description
   Repair	Indicates whether the deal is in repair queue.
   Enrichment	Indicates whether the deal is in enrichment queue.
   Un confirm	Indicates whether the deal is in unconfirmed queue.
   Verification	Indicates whether the deal is in verification queue.
   Amend	Indicates whether the deal is in amend queue.
   Special	Indicates whether the deal is in special queue.
   Credit Check	Indicates whether the deal is in credit check queue.
   Repair Queue Reason	Reason for the deal for falling into repair queue.
   Enrichment Queue Reason	Reason for the deal for falling into enrich queue.
   Unconfirm Queue Reason	Reason for the deal for falling into unconfirmed queue.
   Verify Queue Reason	Reason for the deal for falling into verify queue.
   Amend Queue Reason	Reason for the deal for falling into amend queue.
   Special Queue Reason	Reason for the deal for falling into special handling queue.
   Credit Queue Reason	Reason for the deal for falling into credit check queue.
   Exit Queues	Indicates Exit Queues.
   Exit Repair Queue	To indicate whether to exit from the repair queue.
   Exit Amend Queue	To indicate whether to exit from the amend queue.
   Exit Special Queue	To indicate whether to exit from the Special queue.
   Exit Credit Check Queue	Indicates to exit credit check queue.

7. On the Foreign Exchange Pre-Settlement Contract screen, click Additional Info.

   Additional Info screen is displayed.

   Figure 4-4 Additional Info

   
   Description of "Figure 4-4 Additional Info"
8. On the Additional Info screen, specify the fields.

   Table 4-6 Additional Info - Field Description

   Field	Description
   Suppress Confirmation	Indicator to suppress the confirmation message.
   Suppress Receive Notice	Indicator to suppress the receive notice.
   Settlement message Sent	Indicate Whether settlement message is sent.
   Suppress Payment Message	Indicator to suppress the payment message.
   CLS Eligible	Indicate whether the contract is CLS eligible.
   Affirmation Details	Indicate about affirmation details.
   Affirmation Type	Indicates type of affirmation.
   Affirmation Reference number	Indicates any reference for the affirmation.
   Affirmation Remarks	Indicates remarks on Affirmation.
   Confirmation Details	Indicates Confirmation details.
   Confirmation Method	Indicates method of confirmation.
   Confirmation Status	Indicates status of the confirmation.
   Cutoff details	Indicates the cutoff details.
   Pay Cutoff	Indicates Pay cut off time calculated for the deal. This is derived by taking the cut off details maintained for the currency.
   Receive Cutoff	Receive cut off time calculated for the deal. This is derived by taking the cut off details maintained for the currency.
   NDF Currency	The NDF currency is one among the Bought and Sold currency of the NDF Forward contract.
   NDF Fixing Date	Indicate the date on which the difference between the existing market exchange rate and the agreed upon exchange rate is calculated. This date is the settlement days (which are maintained for the settlement currency) before the maturity date of NDF Forward Contract. This field is applicable only for the NDF Forward Contract.
   NDF Fixing Source	Source system for NDF fixing.