2.6.1 Margin-Netting Product Maintenance screen

1. On the Homepage, type MGDCPROD in the text box, and click the next arrow.

   Margin-Netting Product Maintenance is displayed

   Figure 2-6 Margin-Netting Product Maintenance

   
   Description of "Figure 2-6 Margin-Netting Product Maintenance"
2. On the Margin-Netting Product Maintenance screen, Click New.
3. On the Margin-Netting Product Maintenance- New screen, Specify the details as required.
4. Click Save to save the details or Cancel to close the screen.

   For information on fields, refer table below:

   * indicates mandatory fields.

   Table 2-3 Margin-Netting Product Maintenance

   Field	Description
   Product Code	Enter a product code that identifies a product throughout Oracle Banking Treasury Management. This code should be 4 characters in length This code should be unique across modules and across all product maintenance functions This field cannot be amended after saving the product
   Product Description	Enter a description for the product to identify easily. This description is displayed along with the code throughout Oracle Banking Treasury Management. A minimum of 10 and maximum of 100 chars can be entered for description
   Product Type	Select a specific type to which the product belongs. This field cannot be amended after first authorization of the product
   Type Description	Displays the description of the product type selected.
   Product Group	Select a group to which the product is associated with. Products can be categorized into groups based on the common elements that they share.
   Group Description	Displays the description of the product group selected.
   Start Date	Specify the date from which the product can be used. If not specified, the branch date is displayed as the Start Date. If amended, the value for this field cannot be greater than the previous value for this field
   End Date	Specify the date up to which the product can be used. End date cannot be less than the Start Date of the product If End Date is not specified, then the product can be used for an indefinite period. If amended, the value for this field cannot be less than the previous value for this field
   Slogan	Enter a marketing punch line for the product. This information can be printed on any correspondence with the customer. A maximum of 250 chars can be entered
   Remarks	Enter information about the product intended for bank’s internal reference. This information is not printed on any correspondence with the customer. A maximum of 250 chars can be entered
   Exchange Rate Preferences	Group of fields used to control the Foreign Exchange rates used for margining-netting transactions using this product.
   FX Rate Type	Select the exchange rate type for getting the exchange rate to be used for converting the amounts from one currency to another for a transaction using this product. If specified, this rate type is used to get the prevailing exchange rate for calculating the variance. If not specified, the latest available exchange rate for the applicable date, irrespective of rate type, is used for calculating the variance
   FX Rate Code	Select the exchange rate code for getting the exchange rate to be used. If ‘Buy/Sell Rate’ is selected, then Buy Rate is used for transactions where bank is receiving, and Sell Rate is used for transactions where bank is paying If ‘Mid-Rate’ is selected, then Mid-Rate is used for all transactions where bank is either receiving or paying Mid-Rate is set by default, if not specified
   Override Limit	Specify the normal variance (as %) allowed for the exchange rate used for the transaction. A minimum of 0 and maximum of 100 can be entered as limit In case the variance calculated (as %), between the prevailing exchange rate (for the selected rate code) and the rate captured for the transaction, exceeds the value specified for this field, the system displays an overriding (warning) message while saving the transaction but allows the transaction to be saved with the specified rate For back valued transactions, the system uses the rate prevailing at that time form exchange rate history, to calculate the variance If not specified, variance is not checked and overriding messages are not displayed
   Stop Limit	Specify the maximum variance (as %) allowed for the exchange rate used for the transaction. A minimum of 0 and maximum of 100 can be entered as limit Value for this field is mandatory, if ‘Override Limit’ is defined Value for this field should be greater than the ‘Override Limit’ defined In case the variance calculated (as %) exceeds the value specified for this field, the system displays an error message while saving the transaction and not allow the transaction to be saved with the specified rate If not specified, variance will not be checked, and error message will not be displayed