21.3 Modify Collection – Forex Deals

This topic provides the systematic instructions to view and link the forex deals in Modify Collection in the application.

This tab allows the user to link forex deals. 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 Modify Collection screen.

    Figure 21-5 Modify Collection – Forex Deals


    Description of Figure 21-5 follows
    Description of "Figure 21-5 Modify Collection – Forex Deals"

    For more information refer to the field description table below:

    Table 21-4 Modify Collection – Forex Deals - Field Description

    Field Name Description
    Deal reference Number Specify the deal reference number of the forex deal to be entered, when pre-booked deal is not available or the user do not want to use an existing deal.
    Exchange Rate Specify the exchange rate for 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 Collection Amount Displays the total Collection amount.
    Forex Reference Number Displays the deal reference number of the forex deal.
    Expiry Date Displays the expiry date of the forex deal for Collection.
    Exchange Rate Displays the exchange rate of the forex deal for Collection.
    Sell Amount Displays the selling amount of the forex deal for Collection.
    Buy Amount Displays the buying amount of the forex deal for Collection.
    Linked Amount Displays the amount to be linked in the forex deal for Collection.
    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: Modify Collection