1.2.1.1 Maintain the settlement instructions for CLS deals

This topic provides the details of settlement instructions for CLS deals Maintenance.

When maintaining settlement instructions for CLS deals, you should specify the module as ‘FS’ (FX Settlements). This will indicate that they are meant exclusively for CLS deals.

The pay and receive accounts specified for the settlement instructions will be used as the ‘Control Accounts’ for CLS deals.

Refer the ‘Continuous Linked Settlements’ chapter of the Foreign Exchange User Manual for details on the following:

• Maintaining settlement instructions for CLS deals,
• Other maintenance required to be CLS compliant
• The processing involved in the settlement of CLS deals in Oracle Banking Treasury Management