1. Class User Guide
  2. Introduction

2.1 Introduction

You need to create a class and attach certain attributes to it. You can build a charge class, for instance, with the attributes of a specific type of charge, such as Charges for provision of services. Similarly, you can build an event class with the attributes of a specific type of events, such as a Booking a Transaction, Collecting Charges, Cancellation and so on.

Once you create classes, you can link them suitably to products thereby avoiding the need to specify the generic attributes available in the class.

In Oracle Banking Trade Finance, you can categorize these classes into Mandatory and Optional. Unless certain mandatory classes are maintained, you will not be able to process transactions.

The mandatory classes that you need to maintain are:
  • Interest Class
  • Fee Class
  • Charge Class
  • Old Charges Class
  • Tax Class
The optional classes that you can maintain are:
  • Customer Restriction Class
  • Discount Accrual Class
  • Events Class
  • Role to Head Mapping Class
This chapter contains the following sections: