3.10 Transaction Currency Tab

This topic explains the Transaction Currency tab of Product Maintenance Detail screen.

An LEP product can support multiple currencies. The base currency of the policy can be any of the currencies supported by the product. If the product and policy base currencies are different and if the load is maintained at product level, the policy transaction amount in product base currency is used to derive the load slab. You also need to maintain product base currency in the transaction currency list.

You can maintain the list of currencies supported by the product in Transaction Currency tab.

1. On Product Maintenance Detail screen, click Transaction Currency tab to enter the details.
   The Transaction Currency details are displayed.

   Figure 3-10 Product Maintenance Detail_Transaction Currency Tab

   
   

   
   Description of "Figure 3-10 Product Maintenance Detail_Transaction Currency Tab"

   
   
2. On Transaction Currency tab, specify the fields.
   For more information on fields, refer to the field description table.

   Table 3-10 Transaction Currency - Field Description

   Field	Description
   Currency Code	Alphanumeric; 3 Characters; Optional Specify the currency supported by the LEP product or select the currency from the option list provided.
   Currency Name	Display The name corresponding to the currency code selected previously gets displayed here.