11.2.30 Events for Reversal of Linked Finance before and after initiation of the finance

Reversal of linked finance before initiation of the finance

The RLNK event is triggered in the bill on the reversal of a linked finance before initiation of the finance is allowed. This event does not have any accounting or messaging and such bills are again available for linking.

Reversal of linked finance after initiation of the finance

Upon initiation of the finance, the bill gets liquidated, and the finance behaves as a normal finance in Oracle Banking Trade Finance which can be reversed. Such an event does not perform any subsequent action on the Bill linked.

Bill Reversal upon linkage of finance with finance to be initiated

Bill reversal is not allowed if there is a finance linked to the bill that has not been reversed. The reversal of the bill is allowed once the underlying linked finance has been reversed.