1. Instruments & Clearing User Guide
  2. Instruments
  3. Instrument Maintenances
  4. Foreign Currency Instrument Issuer

Foreign Currency Instrument Issuer

This maintenance is applicable when the bank is acting as a drawee bank for foreign currency demand drafts.
  1. On Homepage, specify PIDFCISR in the text box, and click next arrow.
    Foreign Currency Instrument Issuer screen is displayed.

    Figure 2-7 Foreign Currency Instrument Issuer

    Description of Figure 2-7 follows
    Description of "Figure 2-7 Foreign Currency Instrument Issuer"
  2. Click New button on the Application toolbar.
  3. On Foreign Currency Instrument Issuer screen, specify the fields.

    Table 2-4 Foreign Currency Instrument Issuer - Field Description

    Field Description
    Host Code System defaults the Host Code of transaction branch on clicking ‘New’.
    Instrument Code Specify the Instrument Code from the list of values.
    Code Description System defaults the description of the Instrument Code selected.
    Instrument Currency System defaults the Instrument Currency of the Instrument Code selected.
    Issuer BIC Code Specify the Issuer BIC Code from the list of values. All valid BICs are available for this field.
    Issuer Bank Name This field is defaulted based on the issuer BIC selected.
    Direct Correspondent Check this flag if there is a direct correspondent relation with the issuer bank.
    Account Number It is mandatory to maintain the account number if ‘Direct Correspondent ‘flag is checked. All accounts of type OUR/THEIR maintained for the issuer BIC (11 digit BIC if not available 8 digit BIC+XXX) in currency correspondent maintenance for the issuer BIC are listed. 2-7.
    Correspondent Bank BIC It is mandatory to maintain Correspondent Bank BIC if ‘Direct Correspondent’ flag is not checked. All valid BICs that are available in currency correspondent maintenance are available for Correspondent Bank BIC field.
    Correspondent Bank Account All valid BICs that are available in currency correspondent maintenance are listed for Correspondent Bank BIC field. All accounts of type OUR/THEIR maintained for the correspondent bank BIC in currency correspondent maintenance are available in correspondent bank account field.

Parent topic: Instrument Maintenances