Question

Can you explain to us the effect of changing the value of field DAYS.DELIVERY in CURRENCY
application from 1 to 0?

Answer

The system refers the field DAYS.DELIVERY in Currency table to generate Pay/Receive
instructions. The value mentioned in this field indicates the number of working days prior to
the Value Date on which the Pay/Receive instructions are to be generated.
For example: If the field holds the value '2' then the Pay/Receive instruction will be
generated two days(working days) before the Value Date and if it holds the value '0' then
the Pay/Receive instructions will be generated on the Value Date only.
Thus, if you change the value of the field DAYS.DELIVERY in Currency table from '1' to '0',
the Pay/Receive instructions will be generated on the Value Date of the transactions.

Note: For each application the system refers to different other concat files to get the
DAYS.DELIVERY (other then Currency record); and the currency records value is used if
those records are not set.

For example: in LD and MM application, the system refers to the LMM.ADVICES

(DAYS.PRIOR.POST) to generate the messages; if this is not defined then the system refers
to the DAYS.DELIVERY field in the currencies involved.

In Swap applications, the system refers to the SWAP.ACTIVITY (DAYS.PRIOR.EVENT) to

generate the messages; if this is not defined, then the system refers to the DAYS.DELIVERY
field in the currencies involved.

Similarly the system has different priority to get the days prior to which the system is
expected to generate the messages for different applications.

But certain applications might produce an addition Pay/Receive message during this change,
hence ensure that the messages triggered that day when the change is done is not a
duplicate message and block the same before delivering it.