View Additional Bank Limits

This page allows you to view the Letter of Credit details for each Bank Code of the bank account. You can also view the category for which the Bank Limit of the LC will be validated. This page also allows you to view the Trust Receipt Credit Limits and Discounting Limits for each Bank code of the Bank account.

Select the “View Additional Bank Limits” link under the View Bank Cash Details activity of the “Bank Cash Definition” business component.

The “View Additional Bank Limits” page appears.

The system displays the following:

Bank Reference	The number identifying the bank reference
Currency	The transaction currency of the bank account
Status	The status of the bank account.
Bank Account No.	The number identifying the bank account.
LC Limit Validation	The category by which the LC limit are specified

Note: Based on the value in the LC Limit validation, the multiline columns in the LC Limit Details section would be displayed.

Bank Code, Description and Finance Book columns would be displayed for all the values in the LC Limit Validation.

If the LC Limit Validation is “Overall” then along with the above three columns, Sanctioned Limit – Total, Limit on Hold – Total and Drawable Limit – Total columns would be displayed in the LC Limit Details multiline.

If the LC Limit Validation is “Category Specific” then along with the above three columns, Sanctioned Limit – Sight, Limit on Hold – Sight, Drawable Limit – Sight, Sanctioned Limit – Usance, Limit on Hold – Usance and Drawable Limit – Usance columns would be displayed in the LC Limit Details multiline.

If the LC Limit Validation is “Sight” then along with the above three columns, Sanctioned Limit – Total, Limit on Hold – Total, Drawable Limit – Total, Sanctioned Limit – Sight, Limit on Hold – Sight and Drawable Limit – Sight columns would be displayed in the LC Limit Details multiline.

If the LC Limit Validation is “Usance” then along with the above three columns, , Sanctioned Limit – Total, Limit on Hold – Total, Drawable Limit – Total, Sanctioned Limit – Usance, Limit on Hold – Usance and Drawable Limit – Usance columns would be displayed in the LC Limit Details multiline.

The system displays following:

Non Fund Based Limit Validation

The option for Non Fund Based Limit Validation. It could be ‘”General’”, “Specific” or “LC and Trust Receipts”.

Note: If the Option is selected as Specific, the available Limit check would be done for each limit separately. (Letter of Credit, Trust Receipts and Discounting Limits)

If the Option is selected as General, the available Limit check would be done first with each limit separately (Letter of Credit, Trust Receipts and Discounting Limits) then with the Overall Available Limit. i.e Overall Limit + Over Draft Limit – Overall Utilized Limit. The transaction would be allowed if the available limit check in both the places passes.

If the Option is selected as LC and Trust Receipts, For Bill discounting, the validation would continue to remain as if the Validation is set to ‘Specific’ For Letter of Credit and Trust Receipts, available Limit check would be done first with each limit separately (Letter of Credit, Trust Receipts) then with the Overall Available Limit. i.e Overall Limit + Over Draft Limit – Overall Utilized Limit. The transaction would be allowed if the available limit check in both the places passes.

Overall Limit	The overall Limit for which Letter of Credit can be raised / Payment can be made through Trust Receipt / Instruments can be discounted for the bank account number.
Overdraft Limit	The Limit for Over and above the overall limit for which Letter of Credit can be raised / Payment cane be made through Trust Receipt / Instruments can be discounted for the bank account number.

Note : Non Fund Based Limit Validation, Overall Limit and Overdraft Limit would be displayed only when the Trust Receipt Applicability is set to Yes in IPS.

The system displays the following in the LC Limit Details Multiline.

Bank Code	The code identifying the bank.
Bank Description	The description of the bank code
Finance Book	The code identifying the finance book in which the bank code has been mapped.
Sanctioned Limit – Total	The total limit sanctioned by the bank for LC.
Limit On Hold – Total	The limit held by the bank.
Drawable Limit – Total	The total limit for which LC can be raised.
Outstanding Availed Limit – Total	The amount for which total LC have been raised
Effective Limit – Total	The available limit for which total LC can be raised
Sanctioned Limit – Sight LC	The limit sanctioned by the bank for Sight LC.
Limit On Hold – Sight LC	The limit held by the bank for Sight LC.
Drawable Limit - Sight LC	The total limit for which LC can be raised for Sight LC.
Outstanding Availed Limit – Sight LC	The amount for which Sight LC have been raised.
Effective Limit – Sight LC	The available limit for which Sight LC can be raised
Sanctioned Limit – Usance LC	The limit sanctioned by the bank for Usance LC.
Limit On Hold – Usance LC	The limit held by the bank for Usance LC.
Drawable Limit - Usance LC	The total limit for which LC can be raised for Usance LC.
Outstanding Availed Limit – Usance LC	The total limit for which LC can be raised for Usance LC.
Effective Limit – Usance LC	The amount for which Usance LC have been raised.

Note: Trust Receipt Credit Limit Details multiline would be displayed only when the Trust Receipt Applicability is set to Yes in IPS.

The system displays the following in the Trust Receipt Credit Limit Details multiline.

Bank Code	The code identifying the bank.
Bank Description	The description of the bank code
Finance Book	The code identifying the finance book in which the bank code has been mapped.
Sanctioned Limit	The total Trust Receipt Credit limit sanctioned by the bank.
Limit On Hold	The limit held by the bank.
Drawable Limit	The total limit for which payment through Trust Receipt can be made.
Requested Limit	The total limit up to which the Payment / Prepayment Voucher has been raised in requested status.
Utilized Limit	The total limit up to which the Payment / Prepayment Voucher has been raised in paid status.
Available Limit	The Balance limit available for raising Payment / prepayment voucher through Trust Receipt.

The system displays the following in the Discounting Limit Details Multiline.

Bank Code	The code identifying the bank.
Bank Description	The description of the bank code
Finance Book	The code identifying the finance book in which the bank code has been mapped.
Sanctioned Limit	The total discounting limit sanctioned by the bank.
Limit On Hold	The limit held by the bank.
Drawable Limit	The total limit for which Instruments can be discounted.
Utilized Limit	The total limit up to which the Instruments have been discounted.
Available Limit	The Balance limit available for further discounting of instruments.
Partly Limit	The total limit upto which Instruments can be discounted for a specific party.
Tenure	The number of days up to which the post dated instruments can be discounted.