This topic describes the systematic instructions to maintain status code.

1. On Homescreen, specify STDTFSCD in the text box, and click next arrow.
   Trade Finance Status Code Maintenance screen is displays.

   Figure 1-23 Trade Finance Status Code Maintenance

   
   
   Description of "Figure 1-23 Trade Finance Status Code Maintenance"
   
2. On Trade Finance Status Code Maintenance screen, specify the fields.
   For more information on fields, refer to

   • A unique code for the status
   • A brief description for the status
   • A sequence number for the status
   • The type of status – Indicate whether the status codes are maintained for an ‘Account’ or for a ‘Contract’, or for ‘Both’

   The type of status you choose depends on the status processing basis for your branch, which is defined in the Branch Parameters Preferences maintenance. If status processing basis is at individual account / contract level, you can choose the applicable status types as ‘Account’ or ‘Contract’. The status codes that have been maintained of type ‘Account’ are available for association in the Account maintenance and those maintained with type ‘Contract’ can be associated with contracts. If status processing basis is at Group / CIF level, you can only maintain status codes of type ‘Both’ (that is, applicable for both accounts and contracts). In such a case, you must associate the statuses at both the Account maintenance as well as for contracts.

   Note:

   It is mandatory to maintain the status code ‘NORM’ (Normal) with the sequence number as ‘0’, for all the status types. The sequence number must not be repeated for a status type. The sequence number associated with the status will be used for determining the hierarchy of statuses, i.e., higher the number, worst the status and this will be unique for the status codes.