This topic provides the systematic instructions to accept the Import Collection in the application.

1. Navigate to Settlement Details tab of Acceptance of Import Collection screen.

   Figure 17-3 Acceptance of Import Collection – Settlement Details

   
   

   
   Description of "Figure 17-3 Acceptance of Import Collection – Settlement Details"

   
   

   For more information refer to the field description table below:

   Table 17-2 Acceptance of Import Collection – Settlement Details - Field Description

   Field Name	Description
   Settlement Account	Option to select the account for settlement of Collection. Drop-down lists all the accounts belonging to the logged party or the selected party.
   Apply for Loans	Select this option to apply for a loan directly from the page. Bank would be informed that the corporate user is looking for a loan. This field appears only if the product of the collection has the loan availment feature enabled. Following fields appear if the user selects the Apply for Loans option.
   Settle Available Balance	Option to select whether the user wishes to settle the collection against available balance. By default the option is de-selected.
   Loan Preference	Displays the Loan Preference.
   Contract Currency	Displays either the Contract Currency.
   Loan Product	Displays the Loan Product defaulted from back-office. On selection of the loan, certain features of the loan should be displayed like the Minimum Tenor and Maximum Tenor of the loan, Tenor Type, Exchange Rate The user can change the value.
   Loan Currency	Select the loan currency in which the loan needs to be disbursed.
   Tenor	The system fetches the default Loan Tenor from the back-office system. The user can specify the tenor for the loan in months.
   Tenor Type	Displays the tenor type fetches from the back-office system.
   Original Exchange Rate	Displays the Original Exchange Rate fetches from the back-office system.

2. Select the option for mode of settlement.
3. Select the Settlement Account option and select the account, if he wishes to use it for settlement of bill.
4. Select Apply for Loans option to apply for a loan directly from the page.
5. In the Settle Available Balance, select the appropriate option.
6. From the Loan Product field, change the product if required.
7. In the Tenor field, modify the value for tenor, if required.
8. 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.