Collection Tracers

Globus Trade Finance

TEMENOS

An extra feature not used by other LC

Transactions
Helps automatic following up collection
documents at periodic intervals by way of
reminders / tracers
Done thro Operation T in LC application
earlier.
Date of first tracer and subsequent
periodicity mentioned

Trade

Slide no. 1

Collection Tracers

Globus Trade Finance

TEMENOS

Now automatic generation of Tracers

during EOD is enabled
Default period to define frequency of
sending tracer may be set in Country Table
Country of Issuing Bank (for export
collections) and applicant (for import
collections) is made applicable
Alternately, can be set in EB.FREE.
PARAMETERS. Frequency may be changed
in EB.FREE.MESSAGE

Trade

Slide no. 2

Collection Tracers

TEMENOS

At LC level

Globus Trade Finance

Or at Country
level

Or at
EB.FREE.PARAMETERS

Trade

Set for 5 Working Days here

Can be set for different applications with
Different days

Slide no. 3

Workshop - 36

TEMENOS

Send a Sight bill for USD 10000 on

clean collection basis on behalf of
your customer to your correspondent
bank.
Send a Tracer today and instruct
that it should be sent every working
day thereafter.

Globus Trade Finance

Trade

Slide no. 4

Workshop (36) Solution

TEMENOS

Globus Trade Finance

Sent for collection

Docs sent on collection.

Note the Delivery message types

Trade

Slide no. 5

Workshop (36) - Solution

TEMENOS

Triggering Tracer

Globus Trade Finance

To trigger
Tracer

Note the
Message Type
First message date
Further periodicity

Trade

If not mentioned, gets defaulted from

Country table or EB.FREE.PARAMETERS

Slide no. 6

Workshop (36) - Solution

TEMENOS

Globus Trade Finance

Tracer Message

Trade

Slide no. 7

Tickler

TEMENOS

Ticklers are messages for internal

upkeep.
Ticklers can be set for own or for
others
Receiver or Sender can stop the
ticklers by accessing EB.TICKLER
General utility and usage not
restricted to Trade Finance alone

Globus Trade Finance

Trade

Slide no. 8

EB.TICKLER

TEMENOS

Application Tickler intended for

Globus Trade Finance

Date of Tickler
Tickler instruction

Tickler recipient
Tickler status - can be set to STOP when Tickler
no longer required

Trade

Slide no. 9