The user can select a message from the ‘Advices Details’ section and associate a code and a description to it.

1. On the Islamic Guarantees and Standby Letters of Credit Amendment Input screen, click the Split Settlement button.
   Split Settlement Master and details get populated for the Cash collateral based upon on the Guarantee Issuance collateral split details.User can modify the details.

   For subsequent amendments split details get populated for the Cash collateral based upon on the consolidated collateral split details.User can modify the details.

   Split Settlement Master and Split Settlement Details get populated for the Charge and Commmission component based upon LC Issuance split details if split details available for the charges and commission component during Guarantee Issuance or Advise.

   If Split details is not available for Issuance or Advice then Split Settlement Master and Split Settlement Details get populated for the Charges and Commmission component if split flag is checked in the respective subsystems. System will default the split settlement details with two splits for a charge/commission component one for counterparty and another one for Other party.System will default split amount 50% of charge/commission component between parties.User can modify the amount and and percentage will be derived based on modified amount. If AR-AP is unchecked for a component then Split account will default with settlement instructions of Customer and Split Account can be modified to another valid account of the Customer.If AR-AP is checked then Split account will be defaulted with AR-AP GL and Split account cannot be modified.Maximum of two splits is allowed for Charges and Commission components.

   Table 10-27 Party Type Derivation for Charges and Commission

   Category	Counter Party	Other Party	Other Party Resolution
   Guarantee/SBLC Amendment	APP	BEN/CIB/LIB/AB K	If Beneficiary is a bank customer Else CIB if exists Else LIB if exists Else Advising Bank
   Guarantee/SBLC Amendment	BEN	APP/ISB	If Applicant is a bank customer else Issuing bank

   The Split Settlement screen is displayed.

   For more information on fields, refer the field description table below:

   Table 10-28 Split Settlement - Field Description

   Field	Description
   Specify Settlement Split Master	You can specify the details of the settlement split master in the following fields:
   Basis Amount Tag	Specify the amount tag involved in the contract. The option list displays all valid amount tags maintained in the system. You can choose the appropriate one. For example, on booking a new contract, the only tag allowed is PRINCIPAL. This is referred to as the basis amount tag. This field is optional.
   Currency	The system displays the currency associated with the amount tag. This field is optional.
   Basis Amount	The system displays the basis amount associated with the amount tag. For example, the amount involved in the contract would be displayed against the amount tag PRINCIPAL. The amount is in terms of the currency associated with the amount tag. You can use Get Exchange Rate button to get the original exchange rates defaulted in the screen. This field is optional.
   Specify Settlement Split Details	For each split amount tag, you need to specify the following details: This field is optional.
   Amount	Specify the amount for the split amount tag. This amount should not be greater than the amount of the corresponding basis amount tag. The split amount is in the currency of the basis amount tag. This is a mandatory field and you will not be allowed to save the details if you do not specify the amount. This field is optional, if percentage of proceeds is provided. Amount will be derived based upon the percentage.
   Branch	Specify the branch. The list displays all valid values.This field is mandatory.
   Account Currency	Specify the account currency. This field is mandatory.
   Account	Specify the account. This list displays all the accounts. For Cash Collateral the account should be account of the counterparty. If the account selected is other than counterparty account, then system will throw error. This field is mandatory.
   Loan/Finance Account	Check this box to indicate that the specified account should be the loan account. This field is optional.
   Exchange Rate	Specify the exchange rate that must be used for the currency conversion. Specify the destination to which the goods transacted under the LC should be sent by selecting the appropriate option from the list of values. This field is optional.
   Original Exchange Rate	The base or the actual exchange rate between the contract currency and collateral currency gets displayed here.
   Party Type	System defaults this field for Charges and Commission components if split flag is checked in respective components.This field is applicable only for charges and commission components.
   AR-AP Tracking	System defaults this field for charges and commission components based upon the AR-AP tracking selection in charges and commission component when split flag is checked in respective components. This field is applicable only for Charges and Commission components.
   Customer	Select the customer number from the list.
   Percentage of Proceeds	Specify the percentage of proceeds.
   Negotiated Rate	Specify the negotiated cost rate that should be used for foreign currency transactions between the treasury and the branch. You need to specify the rate only when the currencies involved in the transaction are different. Otherwise, it will be a normal transaction. The system will display an override message if the negotiated rate is not within the exchange rate variance maintained at the product. This field is optional.
   Negotiated Reference	Specify the reference number that should be used for negotiation of cost rate, in foreign currency transaction. If you have specified the negotiated cost rate, then you need to specify the negotiated reference number also. Note: Oracle Banking Trade Finance books then online revaluation entries based on the difference in exchange rate between the negotiated cost rate and transaction rate. This field is optional.