This topic provides systematic instructions about on obligation details.

1. On Home screen select Limits and Collaterals. Under Limits and Collaterals, select Collaterals. Under Collaterals, select Maintenances.
2. Under Maintenances, select Collateral Types. Under Collateral Types, select Obligation Details.
3. Under Obligation Details, select Obligation Maintenance.
   The Obligation Maintenance screen is displayed.

   Figure 3-131 Obligation

   
   

   
   Description of "Figure 3-131 Obligation"

   
   
4. Click
   
   
   
   icon.
   The Obligation Details screen is displayed.

   Figure 3-132 Obligation Details

   
   

   
   Description of "Figure 3-132 Obligation Details"

   
   

   Here user can see Customer CIF No, Guarantee Amount, Amount in Collateral Currency, Action. On clicking of HOP option Edit, View and Delete option will be displayed. To maintain the record user needs to click on + icon and Obligation details screen will be displayed

   For more information on fields, refer to the field description table.

   Table 3-103 Obligation Details - Field Description

   Field	Description
   Guarantor CIF No	Specify the customer number (CIF ID) of the guarantor. Guarantor CIF No. should be unique across different obligation records in the same collateral.
   Guarantor Name	The system displays the guarantor’s name if guarantor CIF is entered.
   Guarantor Address	Specify guarantor’s address.
   Obligation Type	Specify if the guarantee is personal or corporate guarantee.
   Agreement Date	Specify the guarantee agreement date. Agreement date cannot be future dated.
   Amount Details	Displays the amount details under this section.
   Currency	Select the currency from the list.
   Guarantee Amount	Specify the guarantee amount. The amount is updated as collateral value. When multiple records are included as part of one customer collateral, sum of amounts of all obligations are updated as collateral value.
   Total Guarantee Amount	The system displays the total amount of guarantee provided by the mentioned Guarantor for multiple obligation collaterals on clicking Calculate. After authorizing the collateral record, clicking the ‘Calculate’ button will recalculate and update the Total Guarantee Amount based on the amount available in all the obligation records (current and existing records) at that time. Total Guarantee Amount will be updated for all Obligation collaterals of the guarantor CIF. In case obligation records are in different currencies in other collaterals, total guarantee amount in this obligation record will be updated in obligation currency considering exchange rates Note: Closed collateral records are not considered for Total Guarantee Amount calculation.
   Present Net Worth	Specify the present net worth of the guarantor.PNW cannot be negative.
   Guarantor’s Own Exposure	Specify the guarantor's own exposure as declared.
   Amount in collateral currency	Wherever the obligation currency is different from collateral currency, obligation collateral is converted to collateral currency as per rate configured and this value is updated.
   Rating Agency and	You can assign a credit rating to each Guarantor. Select the rating from the drop-down list. Selected rating details are populated in Rating Agency field.
   Rating	Display the rating. You can assign a credit rating to each Guarantor. Select the rating from the drop-down list. Selected rating details are populated in Rating field.
   Revocable	Signify whether guarantee is revocable or irrevovacable
   Revoke Date	Indicate the date when the Guarantor revokes the guarantee. This field is enabled only when the Revoke toggle is selected. Revoke date cannot be backdated. When multiple obligation records are added to customer collateral, farthest of revoke date is updated as collateral end date. On the expiry date of the farthest record, collateral value is updated as zero. When multiple records are having different end dates, collateral value is reduced to the extent of obligation on reaching revoke date. Note: If Revoke Date is given in the "Obligation Details" and Collateral End Date is not given, then farthest Revoke Date will be updated as Collateral End Date with appropriate message. Override message- Collateral End Date is not provided, so it will be updated as the maximum Revoke Date. If Revoke Date is given in the "Obligation Details" and Collateral End Date is also given and if Collateral End Date is after farthest Revoke Date, then End Date will be updated as the maximum Revoke Date id displayed. Override message - Collateral End Date is greater than the maximum Revoke Date, so Collateral End Date will be updated as the maximum Revoke Date. If Revoke Date is given in the "Obligation Details" and Collateral End Date is also given and if Collateral End Date is earlier than farthest Revoke Date, then Collateral End Date given will be retained. Override message - Collateral End Date will be retained though Maximum Revoke Date is greater than the Collateral End Date. Collateral will be marked as expired on this Collateral End Date.
   Continuing Guarantee	Select this toggle if the guarantee is a continuing guarantee.
   Remarks	Specify the remarks for the guarantee, if any.

5. Click Save to save the record.

• View Obligation
  This topic describes the systematic instructions to view the obligation.