This topic provides the systematic Instructions to capture the Linkage details.

1. On the Bills and Collection Contract Detailed screen, click FX Linkage Details.
   FX Linkage screen is displayed.

   Figure 5-26 FX Linkage

   
   
   Description of "Figure 5-26 FX Linkage"
   

   This link invokes a screen in which you can link a BC involving a specific counterparty with FX deals involving the same counterparty.

   You can link one or more FX deals to a bill. The value of an FX deal should not exceed the value of the bill it hedges.

   If you link several FX deals to a bill, the total value of all the deals should not exceed the bill amount.

   Table 5-21 FX Linkage - Field Description

   Field	Description
   Sequence No	System generates the ‘Sequence No’ for linked FX contracts sequentially
   FX Reference no	Indicates FX deal reference no. from treasury system.
   Date	Indicates FX deal value date. FX Value date should be greater or equal to BC Maturity Date.
   BOT/SOLD Currency	LC contract currency should be BOT currency of the FX transaction in case of an export LC or the SOLD currency in case of an Import LC. Bought Currency: Presents FX Deal Bought Currency. Incase of export contract, LC contract currency should be same FX Bought Currency. Sold Currency: Presents FX Deal Bought Currency. Incase of import contract, LC contract currency should be same FX Sold Currency.
   Rate	Presents FX deal Exchange rate
   Available Amount	Present FX available amount (i.e) FX contract amount minus total linked FX amount.
   Linked Amount	User will capture Linked amount at FX Linkage screen. Sum of Linked amount will not be greater than BC contract amount. Linked amount will not be greater than the available amount for linkage.
   Current Utilized amount	Current Utilized amount will display the current amount utilized of the event.
   Total Utilized amount	Total Utilized amount will display the total amount utilized of the contract.

   OBTF system initiates the link/delink/utilization to treasury system as below,

   1. During initiation of bills with operation other than purchase/negotiation/discount, link request is being initiated from OBTF.
   2. During initiation of bills with operation purchase/negotiation/discount or liquidation of bills, link followed by Utilization is being initiated from OBTF.
   3. Manual delink of FX, delink request is being initiated from OBTF.Delink of FX is allowed only if the linked FX is not utilized at bills.

      When a bill is drawn under LC, available FX linkages will be defaulted to bills from LC with linked amount same as contract amount of bills.

      Multiple forward FX contract could be linked and exchange rate of FX contract vary from each. Hence, effective exchange rate for bill would be arrived using weighted average method and it is utilized during purchase/negotiation/ discount or liquidation of the bill.