2.3.3.1 Liability Merger Maintenance

The topic describes about the detailed information on liability merger maintenance.

Note:

The fields, which are marked with an asterisk, are mandatory.
  1. On Home screen, select Limits and Collaterals. Under Limits and Collaterals, select Limits.
  2. Under Limits, select Maintenances. Under Maintenances, select Liability Merger.
  3. Under Liability Merger, select Liability Merger Maintenance.
    The Liability Merger Maintenance screen displays.

    Figure 2-69 Liability Merger Maintenance



  4. On Liability Merger Maintenance screen, specify the fields.
    For more information on fields, refer to the field description table.

    Table 2-54 Liability Merger Maintenance - Field Description

    Field Description
    Branch Code System defaults the branch code as the branch from which the Liability Merger Maintenance screen is launched.
    From Liability Code Click the Search icon and select the liability code which is to be merged with another liability using the adjoining option list.
    To Liability Code Click the Search icon and select the liability code with which the liability specified under From Liability Code must be merged using the adjoining option list.

    To Liability Code can be from any different branch as well.

    Effective Date Specify the date from which the merger of liabilities must take effect. Current business date is defaulted which can be changed by user.

    This can be current dated or future dated. Current dated will get completed as part of process completion whereas future dated will get processed as part of batch transaction.

    Status

    It indicates the status of the merger process. It is a non-editable field and displays the below 2 options.

    • Unprocessed
    • Processed

    As part of liability merger maintenance, status will get updated as Unprocessed. Once the merger is complete, status is updated as Processed.

    Remarks Specify the remarks about the Liability Merger Maintenance.
    Post liability merger maintenance, user has to invoke liability merger process for processing current dated record. Post successful completion of the process, liability code covering following maintenances will be updated with target liability code.
    • Liability Customer
    • Collateral
    • Collateral Pool
    • Facility
    • Netting
    • Facility Transfer
    • Ear Marking
  5. Click Save to save the record.