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BCDTRONL - Parties Field Tab (Doc ID 3005248.1)

Last updated on MARCH 26, 2024

Applies to:

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


BCDTRONL - Parties Field tab

In v12, when do BC liquidation. Beneficiary Institution: will be blank => end user will fill in the beneficiary's bank account and swift code.

But in v14, system automatically picking the information of Applicant (name, address ...) to fill in this field.

Otherwise, Ordering customer seems to pick information: account + name of debit account (for the funds , not the fee).

But the key is payment by MT202 from BC contract is bank to bank transaction (the beneficiary is the bank), not similar to MT103 (direct to customer).

So please set up to leave these field blank as current version.


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