Want To Calculate Fee On Unused Amount Of The Line Of Credit (Doc ID 1116759.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Treasury - Version: 11.5.5 to 12.1.3 - Release: 11.5 to 12.1
Information in this document applies to any platform.

Goal

Scenario 1:
You have a line of credit with a bank for 50 million. You pay interest only on the amount you use (let's say   use 35 million) and you pay a small fee on the unused amount (15 million). Is there any functionality in Oracle Treasury that allows us to calculate the fee on unused amount of line of credit?

You want to use Floating Interest Rate functionality and this is not supported by Short Term Money deals.
But Whole Sale Term Money deals screen supports this. But you don't find any functionality related to unused loan amounts i.e. fee on unused loan amounts etc. You believe Oracle Treasury doesn't have any functionality to support fee on unused loan amounts. But you would like confirmation from Oracle.

Scenario 2:
Once your company obtains a borrowing facility it has to pay commitment fees on the un-utilized portion of the loan. Interest is paid on the utilized portion. The total facility would be input as Limits (Borrowing) in the Treasury module.
1). Can the payment dates be input? Eg. Every 3 months from the start date.
2) How to keep record of guarantees provided to subsidiary companies for the  loans obtained?

Solution

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