1. Payments Core User Guide
  2. Payment Maintenance
  3. External Systems Maintenances
  4. External Exchange Rate System
  5. Maintaining JMS Preferences

Maintaining JMS Preferences

  1. On PMDERTMT screen, click JMS Preferences tab.
    JMS Preferences screen is displayed.

    Figure 2-9 Exchange Rate System Detailed_JMS Preferences


    Description of Figure 2-9 follows
    Description of "Figure 2-9 Exchange Rate System Detailed_JMS Preferences"

  2. On JMS Preferences tab, specify the fields.
    For more information on fields, refer to the field description below:

    Table 2-6 Exchange Rate System Detailed_JMS Preferences - Field Description

    Field Description
    Inqueue JNDI Name Specify the name for External exchange rate response queue configured in Application server.
    Outqueue JNDI Name Specify the name for External exchange rate request queue configured in Application server.
    Queue Profile Select the Queue Profile from the list of values. All the valid queues are listed. The Queue Profiles defined in the 'PMDQPROF' screen are listed.

    The profile details defined are linked here to post the request and receive the responses respectively for the Exchange Rate system.
    Rate Request Preference Select the Rate Request Preference from the drop-down values. The options are - Market/ Client.
    • If the option selected is ‘Market’/’Client’, then in External FX request, the following details will be populated for the market/client deal reporting:
      • Buy/Sell indicator
      • Buy Currency
      • Buy Amount
      • Sell Currency
      • Sell Amount
    • The details populated in the Edit FX details screen in External Exchange Rate Queue, is based on the Rate Request Preference option selected for the external system. See the table below for more details:

    Table 2-7 Exchange Rate System Detailed_JMS Preferences_Rate Request Preference Option

    Payment/Collection Transaction Type Client-facing Client-facing Client-facing Market-facing Market-facing Market-facing
    Payment/Collection Transaction Type Account Ccy Transfer Ccy Buy Sell Indicator Account Ccy Transfer Ccy Buy Sell Indicator
    Payment Outbound Buy Sell Sell Sell Buy Buy
    Payment Outbound Return Sell Buy Buy Buy Sell Sell
    Payment Inbound Sell Buy Buy Buy Sell Sell
    Payment Inbound Return Buy Sell Sell Sell Buy Buy
    Collection Outbound Sell Buy Buy Buy Sell Sell
    Collection Outbound Return Buy Sell Sell Sell Buy Buy
    Collection Inbound Buy Sell Sell Sell Buy Buy
    Collection Inbound Return Sell Buy Buy Buy Sell Sell
    External FX Request / Response changes
    • Customer Number & Transaction Branch to be added in the External FX request.
    • The response will have deal date, Unit Currency and response status tags.
    • The exchange rate considered for the payment is dependent on the Unit currency received in the response:
      CCY1 CCY2 Quotation Method Unit Ccy Exchange Rate
      ccy1 ccy2 Direct ccy1 Take the Rate as It is
      ccy1 ccy2 Direct ccy2 Invert the Rate as 1/Rate
      ccy1 ccy2 Indirect ccy1 Invert the Rate as 1/Rate
      ccy1 ccy2 Indirect ccy2 Take the Rate as It is

Parent topic: External Exchange Rate System