2.1.8 Facilities Transfer Maintenance

This topic describes about the detailed information on transferring limit amounts from one facility to another facility.

Facilities Amount Transfer allows banks to move available limit amounts between different facilities or sub-limits held by the same customer or related parties. This feature enables:
  • Flexible Credit Management: Customers or credit administrators can reallocate approved facility amounts based on changing business needs, without requiring a full credit reassessment.
  • Optimized Utilization: Ensures unused facility limits are not idle and can be efficiently deployed where there is greater demand or utilization.
  • Operational Efficiency: Simplifies the process compared to cancelling and re-issuing facilities, supporting seamless customer service and relationship management.

Note:

The fields, which are marked with an asterisk, are mandatory.

In Oracle Banking Enterprise Limits Management, transfer of full or partial limit amounts from one facility to other within or across liabilities for certain periods is possible. The limit transfer details must be defined through the Facilities Amount Transfer Maintenance screen. You can close/cancel this transfer operation before a specified End Date. Upon manual closure/cancellation or on automatic expiry, the system transfers the transferred amount back to the original line.

  1. On Home screen ,select Limits and Collaterals. Under Limits and Collaterals, select Limits.
  2. Under Limits, select Maintenances. Under Maintenances, select Facility Transfer. Under Facility Transfer, select Facility Transfer Maintenance.
    The Facilities Transfer Maintenance screen is displayed.

    Figure 2-67 Facilities Transfer Maintenance


    Description of Figure 2-67 follows
    Description of "Figure 2-67 Facilities Transfer Maintenance"

  3. On Facilities Amount Transfer Maintenance screen, and specify the fields.
    For more information on fields, refer to the field description table.

    Table 2-63 Facility Amount Transfer Maintenance - Field Description

    Fields Description
    Branch Click the Searchicon and select the branch from the list. It indicates the transfer branch code.
    Transfer Reference Specify the unique number which is to be assigned for every transfer record created.
    Rate In case of cross currency transfers, this displays the exchange rate used from Currency Exchange Rate maintenance.
    Limit Transfer This shows the transferred amount in To Facility currency, post conversion in case of cross currency transfers.
    From Liability Number Click the Searchicon and select the liability code of the facility for which the limit amount is to be transferred.
    From Liability Name Displays the liability name based on the selected from liability code.
    From Line Click the Searchicon and select the line from which the amount is to be transferred.
    From Line Serial This field displays based on the From Line selected. .
    From Facility Currency This field displays based on the From Line selected. User can transfer the amount between the facilities in different currencies.
    From Facility Amount Displays the effective amount of selected From Line.
    From Facility Available Amount Displays the available amount of the selected From Line.
    From Facility Start Date Displays the facility start date of the selected From Line
    From Facility Start Date Displays based on the From Line selected.
    To Liability Number Click the Search icon and To Liability code,that is, to who’s facility the amount is to be transferred.
    To Liability Name This field is displayed based on the selected To Liability Code.
    To Line Click the Search icon and select the line to which the line amount to be transferred.
    To Line Serial Displays based on the To Line selected.
    To Facility Currency Displays based on the To Line selected. User can transfer the amount between the facilities in different currencies.
    To Facility Amount Displays the effective amount of selected To Line .
    To Facility Available Amount Displays the available amount of selected To Line
    To Facility Start Date Displays the facility start date of the selected To Line
    To Facility End Date Displays the facility expiry date of the selected To Line
    Transfer Amount Specify the fields under this section.
    Transfer Amount Specify the amount to be transferred from the From Line to the To Line from the Effective From Date onwards. This is in the From Line currency
    Effective From Date Specify the Effective From Date of transfer that is, the date from when the transfer of limits is effective.
    Note:
    • Effective From Date cannot be after To / From Facility End Date
    • Effective From Date cannot be before To / From Facility Start Date
    Effective To Date Specify the Effective To Date of transfer that is, the date till when the transfer of limits is effective. This date must be greater than the Effective From Date. Post the effective to date, system transfers the transferred amount back to the original line (From line).
    Expiry Status
    System shows the Expiry status as:
    • A – Active
    • E - Expired
    Source Code User can capture the source code for reference purpose.
    User Reference If required, you can provide a user reference number for this transfer.
    Remarks User can capture the remarks as required.
  4. Click Save to save the record.

Parent topic: Maintenances