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Help Table of Contents
Closing
Transaction GCTCAN
This transaction is used to close a claim under a guarantee. This is the case, for example, if the applicant and the beneficiary agreed on closing the claim without involving the bank so that the bank has to reset the open claim. The open amount, that was reduced by registering the claim, will then be set back to the original value before registration.
Usually the claim is closed automatically when payment is made.
Booking Procedure
The “Booking procedure” combobox allows you determine how open amounts are to be dealt with when a contract is closed. There are 3 options:
- 'Reverse Booking (Claim)': this back posts the open amount and the additional amount drawn in the subcontract. The “Open Amount” field is set to zero. This is the default option.
- 'Reverse Booking (Claim, Guarantee)': the open amount and the additional amount drawn are posted back to the guarantee value of the main contract. The “Open Amount” field is set to zero.
- If none of the options in the combobox are selected, the “open amount” for the contract remains unchanged.
For contracts that have already been settled, a relevant message is displayed instead of the combobox.
Requirements
An existing Guarantee Claim contract which is not closed.
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.
Transaction Control
Fees
All fees not yet settled for the contract are transferred to the Settlement Panel and set to 'Settle immediately'.
Commissions
Results of this Transaction
Diaries
For more information see TRNDIA Diaries.
None
Updating/Storing of Amounts (CBS)
Liability (LIA)
All amounts posted to the liability are removed.
Outgoing Correspondence
Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.
None
Release
Signature required
Transaction Panels
Close Claim
DTAEA Fields
DTALC Fields
DTAG Fields
Liability
Settlement Details
Settlement
Bookings
Cash Cover
Completion
Incoming Tag 72/79
Messages
Compliance
Attachments
Fee Conditions
Close Claim
Datafields
| Datafield | Description |
|---|---|
| Own Reference | cf Appendix A, Table GCD field OWNREF |
| Own Reference | cf Appendix A, Table GID field OWNREF |
| Currency | cf Appendix A, Table CBB field CUR |
| Maximum Amount | cf Appendix A, Table CBB field AMT |
| Currency | cf Appendix A, Table CBB field CUR |
| Open Amount | cf Appendix A, Table CBB field AMT |
| Date of Claim | cf Appendix A, Table GCD field CLMDAT |
| Undertaking Type | cf Appendix A, Table GID field GARTYP |
| Expiry until | cf Appendix A, Table GID field EXPDAT |
| Expiry Type | cf Appendix A, Table GID field EXPTYP |
| Liability Type - Local Undertaking Seq. C | cf Appendix A, Table GID field LIATYPC |
| Liable until | cf Appendix A, Table GID field LIADAT |
| Name | cf Appendix A, Table PTS field NAM |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
| Name | cf Appendix A, Table PTS field NAM |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
| Name | cf Appendix A, Table PTS field NAM |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
DTAG Fields
Compliance
