39.1.3 Handling Hypothecated Deposits in OFSDF
The process of adjusting deposit proceeds to repay the Loan Contract is a part of the Deposit and Loan Transaction tables. To handle the Hypothecated Deposits in OFSDF, perform these steps:
- You can continue to:
- Use the Term Deposits table to store deposits. Additionally, perform these
tasks:
- Set the column STG_TD_CONTRACTS.V_OFFSET_ACCT_NBR to display the Loan Account Number.
- Set the flag column STG_TD_CONTRACTS.F_LIEN_MARKED_IND to True or Y.
- Set the flag column STG_TD_CONTRACTS.F_PRODUCT_LINKED_DEPOSIT_FLAG to True or Y.
- Use the Loan Contracts table to store loans.
- Use the Term Deposits table to store deposits. Additionally, perform these
tasks:
- Additionally, store deposit as mitigant in the Mitigant table and perform this
task:
- Set the flag column STG_MITIGANTS.F_CONSENT_TO_ADJUST_MATURITY to True or Y.