Details of Modules

Banks Modules - Introduction

Risk Management

Customer Information and Facilities

Utilization and monitoring of facilities, line limits and group limits is maintained in real time. Risk Management is maintained on five levels: 

Each of the above levels can be in a different currency. Guarantor and collaterals are also maintained and monitored for their used amounts, revision dates, and revaluation periods. 

A facility type can be related up to 4 different groups. A facility risk limit is used for transaction process control. Where as a group limit is used for implementing corporate policies by setting limits and monitoring the use against such limits.

The system also has the capability to allocate facility to a branch or the head office. From these facilities the branch or the bank management can grant to customers such facilities. It follows the same control procedures.

Trade Finances

Letter Of Credit

The letter of credit system handles both the Export/Import LC and provides business functions to handle LC maintenance with minimal input, preparing and posting various multi-currency accounting entries. The customer facility automatically provides the control over LC activity. It is also integrated with Telex/Swift message generation for correspondent banks.

Letter of Guarantee

The letter of guarantee system provides business functions to handle LG maintenance with minimal input, preparing and posting various multi currency accounting entries. The customer facility automatically provides the control over LG activities. The system is integrated with Swift/Telex message generation.

Bills for Collection

The bills for collection handles both the Outward/Inward BC and allows branch to collect bills on behalf of a customer. It provides business functions to handle BC maintenance with minimal input, preparing and posting various accounting entries.