9.2.11 Deleting Value Dated Amendments

You can delete the value-dated changes that you have made on a loan provided:
  • The change is yet to be authorized.
  • In case of a future value dated amendment) the change has not yet been effected.
All the value-dated changes have to be authorized before the End of Day operations begin.

All future Value Dated Amendment is applied by the automatic contract update program when the changes are due. If the value date of the change is earlier than, or the same as today’s date, the changes take effect immediately.

To delete value-dated amendments, call the contract on which you have made Value Dated Amendment (that are still to be authorized) through the Value Dated Amendment screen by entering the contract reference number. The details of the contract is displayed. Choose delete from the Actions Menu or click ‘Delete’ on the toolbar. The value-dated changes are deleted.