5.15 FX Linkage

This topic describes the FX forward contracts linking to external application.

Oracle Banking Treasury Management supports linking of FX forward contracts to external application Oracle Banking Trade Finance (OBTF). OBTR receives a LINK (link), DLNK (de link), UTIL (Utilization) and DUTL (De- Utilization) requests from external application upon linkage of the FX forward contract. The value of available amount, linked amount and utilized amount is computed during LINK/DLNK/UTIL/DUTL events. The OBTRFX Service uses the operation ID Create FX Link for the external gateway linkage processing.

1. On the Foreign Exchange Contract Online screen, click FX Linkages button.

   FX Linkage screen is displayed.

   Figure 5-13 FX Linkage

   
   Description of "Figure 5-13 FX Linkage "
2. Following details will be defaulted by the system:

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

   Table 5-11 FX Linkage - Field Description

   Field	Description
   Module Identification	The system displays the external module id.
   Linked Reference Number	The system displays the external reference number for which you are maintaining the linkage.
   Event	The system displays the event. It can be any of the following: Linkage De-linkage Utilization De-Utilization event
   Event Date	The system defaults the date of the event
   Bot Linkage Currency	The system defaults the bought linkage currency
   Bot Linkage Amount	The system defaults the bought linkage amount
   Sold Linkage Currency	The system defaults the sold linkage currency.
   Sold Linkage Amount	The system defaults the sold linkage amount
   Utilization Amount	The system defaults the bought or sold amount liquidated for the contract linked.
   Reject Reason	The system defaults the reject reason for payment reversal during DUTL operation
   Total Linked Amount (BOT)	The system derives the total bought linked amount
   Total Linked Amount (SOLD)	The system derives the total sold linked amount
   Total Utilized Amount (BOT)	The system defaults the total bought amount liquidated for the contract linked.
   Total Utilized Amount (SOLD)	The system defaults the total sold amount liquidated for the contract linked.
   Available Amount (BOT)	The system derives and defaults this amount as the difference between FX transaction bought amount and the amount already linked to any external application contract.
   Available Amount (SOLD)	The system derives and defaults this amount as the difference between FX transaction sold amount and the amount already linked to any external application contract.

   The external application OBTF can select the following FX transactions:

   • Active and authorized forward FX transactions not marked for auto liquidation.
   • The FX forward contract cannot be a part of a combination product.
   • FX forward contract cannot have NDF feature
   • The settlement for the FX contract should not be through CLS.
   • FX contracts having netting agreement with counterparty should not be allowed.
   • FX contract should have the same bought and sold value date i.e., split value dates are not allowed.
   • Option date is mandatory for the forward FX deal, which is to be attached as linkage to external transactions.
   • Once the FX deal amount is fully availed the FX deal should not be available in LOV fetch and cannot be linked further towards other transactions.
   • Once the FX deal amount is fully utilized the FX deal should not be available in LOV fetch and cannot be linked further towards other transactions.