In Oracle Banking Trade Finance, define the different types of charges or fees that apply on a product as classes. A charge class is a specific type of charge component (E.g. Charges for amending the terms of a loan).

When defining a product, attach the required classes. In this manner, a contract processed under a particular product acquires the classes (components) associated with the product.

A Discount Accrual class made applicable for loans and bills processed in Oracle Banking Trade Finance. To apply a Discount Accrual , first define attributes for each of the components.