7.1 Maintain Restrictions as Classes

This topic describes the restrictions maintenance as classes.

From the head office of your bank, you can establish certain controls over your branch operations. You can achieve these controls by specifying restrictions. In Oracle Banking Treasury Management, you can define restrictions of the following types:

• The branches that can offer a service and the currencies in which an allowed branch can offer a service
• The customers who can avail a service

A set of restrictions grouped is referred to in Oracle Banking Treasury Management as a Restriction Class. You can maintain several restriction classes of branch and currency and several classes of customer restrictions. To every product created, you can attach these restriction classes. If restricted, a product can only be used by those branches and offered only in those currencies that you allow. Only those customers that you allow, can avail a service.For example, suppose that you offer a special portfolio management facility, christened Safe Fast Buck.

Requirement

• You would like to offer this facility only in select branches
• You would like to offer this facility only in the local currency the GBP
• You would like to offer this service only to individuals

Set up:

Maintain the restrictions as follows:

• Maintain a restriction class of branches and currencies (in this case, only GBP) that you would like to allow: Class_A
• Maintain a restriction class of customer categories that you would like to allow: Class_B

You can associate these classes (Class_A and Class_B) with the product, Safe Fast Buck.

Result:

• Only those branches that you have allowed can offer Safe Fast Buck
• Allowed branches can offer Safe Fast Buck only in GBP
• Only Individuals can avail Safe Fast Buck

This topic has the following sub-topics:

• Advantage of Defining Restrictions as Classes
  This topic describes the advantages if defining restriction as classes.