1. Loan Syndication
  2. Loans Syndication
  3. Agency Drawdown
  4. Agency Drawdown Initiation

1.8.1 Agency Drawdown Initiation

The basic registration details for Agency Drawdown for a prospective borrower can be initiated using this Initiation screen, provided you have the required access rights.

To initiate Agency Drawdown

Specify the User ID and Password, and login to Homepage.

  1. On the Homepage, from Corporate Lending, under Operations, click Syndication.
  2. On the Syndication, click Agency Drawdown.
    The Agency Drawdown screen is displayed.Description of agencydd1.png follows
    Description of the illustration agencydd1.png
  3. In the Agency Drawdown screen, provide the required details.

    Table 1-111 Agency Drawdown

    Field Description
    Party Number Click Search to view and select the required party number.
    Party Name As per the party number selected, party name gets auto-populated.
    Business Product Click Search to view and select the required business product.
    Application Date System date is defaulted as application date.
  4. Click Initiate to begin the process.

Related Topics

Parent topic: Agency Drawdown