8.2 Bill Settlement – Single Bill – Forex Deals

This topic provides the systematic instructions to view and link the forex deals in Bill Settlement in the application.

This tab allows the corporate user to provide a Deal Reference Number and the FX rate on the screen, when they do not have any pre-booked deal to be used or an existing deal. The user can pass these details to the bank.

Bill settlement using deal is available to maker and approver users in maker activity log and pending approval details section to re-initiate and approve the transactions respectively.

To view and link the Forex deals:

  1. Navigate to Forex Deals tab of Bill Settlement screen.

    Figure 8-4 Bill Settlement – Forex Deals


    Description of Figure 8-4 follows
    Description of "Figure 8-4 Bill Settlement – Forex Deals"

    For more information refer to the field description table below:

    Table 8-3 Bill Settlement – Forex Deals - Field Description

    Field Name Description
    Deal Reference Number Specify the deal reference number of the forex deal, when pre-booked deal is not available or the user do not want to use an existing deal.
    Exchange Rate Specify the exchange rate of the forex deal.
    Link Forex Deals This section displays the Link Forex Deals details.
    Search The filter option to search the records based on Forex Reference Number.
    Total Bill Amount Displays the total undertaking amount.
    Forex Reference Number Displays the deal reference number of the forex deal.
    Expiry Date Displays the expiry date of the forex deal.
    Exchange Rate Displays the exchange rate of the forex deal.
    Sell Amount Displays the selling amount of the forex deal.
    Buy Amount Displays the buying amount of the forex deal.
    Linked Amount Displays the amount to be linked in the forex deal.
    Available Forex Contract Number Displays the available forex contract number.
    Total Selected Deals Displays the total selected deals.
    Total Linked Amount Displays the total Linked Amount linked in the forex deal.
  2. Specify the Deal Reference Number in the Deal Reference Number field.
  3. Specify the exchange rate in the Exchange Rate field.
  4. Specify the Forex Reference Number in the Search field.
    The searched Deal Reference Number record details appear.
  5. Click the check box to select the required searched Deal Reference Number record.
  6. Specify the linked amount, in the Linked Amount field.
  7. Perform any one of the following actions:
    • Click Next to save the entered details and proceed to the next level.
    • Click Cancel to cancel the transaction, The Dashboard appears.
    • Click Back to navigate back to previous screen.

Parent topic: Bill Settlement