This transaction is used when the grantor pays back the claim to the Syndication Party, once the recourse party (i.e. the liability party of the primary contract) has paid the grantor. Here, the settlement process is dependent on the “No Repayment Flag”.
Possible Syndication Status | Comments |
---|---|
Booked Out Claim | Once the user enters the Details Panel, this status is defaulted in the dropdown list. |
Not Syndicated |
Kindly refer to status_handling_of_syndication_deals for further particulars on Status Handling.
When the grantor pays back the claim to the Syndication Party, the amount is then reversed, and the syndication status is updated. The main panels used here are the Liabilities, Pay Back Claim and Settlement panel.
Syndication Liabilities: Once the claim amount is being paid back, the status is updated to ‘Booked Out Claim’.
“No Repayment Flag” and Settlement Panel:
An existing Syndication Deal which is open and not closed.
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.
For more information see TRNDIA Diaries.
None
Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.
None
Kindly refer to deal_message_handling for further particulars on Deal Message Handling.
Syndication Liabilities
Pay Back Claim
Overview
Details
Interest Details
Syndication Message
Completion
Messages
Attachments
Settlement
Settlement Details
Datafield | Description |
---|---|
Own Reference | cf Appendix A, Table CCI field OWNREF |
Name | cf Appendix A, Table CCI field NAM |
Datafield | Description |
---|---|
Name | cf Appendix A, Table LED field NAM |
Name | cf Appendix A, Table GID field NAM |
Own Reference | cf Appendix A, Table LED field OWNREF |
Own Reference | cf Appendix A, Table GID field OWNREF |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
Currency | cf Appendix A, Table CBB field CUR |
Maximum Amount | cf Appendix A, Table CBB field AMT |
Opening Date | cf Appendix A, Table SDD field OPNDAT |