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OBTF-14.7||Collateral Amount Tag Not Appearing In Split Settlement For SG Issuance In Import LC (Doc ID 2955961.1)

Last updated on JULY 04, 2023

Applies to:

Oracle Banking Trade Finance - Version 14.7.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.7.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
---------------
OBTF-14.7||Collateral amount tag not appearing in split settlement for SG issuance in import LC

We are following below steps:
1. An import usance LC is crated as open and confirmed for INR 34000. A cash collateral is linked for INR 20000
2. A shipping Guarantee is being issued, under the import LC, for the entire LC amount
3. For this SG product, collateral funding by loan is allowed and loan bridge GL accordingly maintained
4. While issuing shipping guarantee, collateral amount from LC is copied to SG.

Issue:
1. Amount Tag "Collateral Amount" does not appear under split settlement sub-system for shipping guarantee

Logs for import LC issuance and split settlement default attached.

EXPECTED BEHAVIOR
-----------------------
We are expecting collateral to be booked for INR 20000 through loan in shipping guarantee so that through BKSG, this collateral is decreased in import LC

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. An import usance LC is crated as open and confirmed for INR 34000. A cash collateral is linked for INR 20000
2. A shipping Guarantee is being issued, under the import LC, for the entire LC amount
3. For this SG product, collateral funding by loan is allowed and loan bridge GL accordingly maintained
4. While issuing shipping guarantee, collateral amount from LC is copied to SG.


BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users are unable to see Collateral amount in subsystem.

Cause

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In this Document
Symptoms
Cause
Solution
References


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