T24 Induction Business - Limits

T24 Limits
Agenda
T24 Limits
01 Learning Objectives
02 Overview
03 Types of Limits
04 Linkages to Static Tables
05 Creating Limits
06 Attaching Limits to Accounts
07 Standard Enquiries
Learning Objectives
T24 Limits > Learning Objectives
Objectives
To Learn what is meant by Limits
Why Banks assign Limits to Customers
Different Kinds of Limits
Creation of Limits
Agenda
T24 Limits
02 Overview
03 Types of Limits
05 Creating Limits
What are Limits?
T24 Limits > Overview
 Banks are exposed to various risks while granting

credit to a customer
 These risks can be reduced by fixing Limits for the

credit facility being offered
 A Bank can choose to fix various kinds of Limits for

a customer
What are Limits?
T24 Limits > Overview
 Core Application
 Checked when transactions are input
 Incase the customer does not have a limit, an

override is generated while inputting a transaction
 System would create a limit if the override is approved
 Even if the Limit is utilized in excess, the system

generates an override
 Normally Limits are updated online except Currency,

Commodity and Country limits, which are updated
during COB
Agenda
T24 Limits
02 Overview
03 Types of Limits
05 Creating Limits
Types of Limits
T24 Limits > Types Of Limits
Individual
Customer Revolving
Product
Non
Group
Revolving
Sub Product
Limits
Country Limits
Unsecured Currency Limits
Fixed Commodity Limits
Secured
Variable
Agenda
T24 Limits
02 Overview
03 Types of Limits
05 Creating Limits
Inputting Limits
T24 Limits > Linkages to Static Tables
 Every application gets information from

certain tables called Static Tables
 These tables help with information that is

required for the applications to perform
the required functions
 These tables vary from application to

application
Inputting Limits
T24 Limits > Linkages to Static Tables
Customer
Limit.
Currency LIMITS Reference
Helpful Tips
Customer and
Limit.Reference
Collateral. form part of the ID
Code
Agenda
T24 Limits
02 Overview
03 Types of Limits
05 Creating Limits
Mandatory Details
T24 Limits > Creating Limits
 Id
 Input by the user
 Given in the format – Customer ID . Limit Product
. Serial No
 Eg. 111502.100.01 wherein 111502 is the
customer id , 100 is the Limit product and 01 is
the serial number
 Currency
 Currency in which the Limits should be
sanctioned to the customer
 The customer is free to utilise this limit in any
currency
Mandatory Details
 Internal Amount
 This means the maximum Limit amount the customer
has been sanctioned
 This may not be revealed to the customer
 It may also be greater than the advised amount
 Available Marker
 The availability of the limit sanctioned can be
controlled using this field
 Changes can be made from “Y” to “N” or vice versa
accordingly
 If an unavailable limit is used then an override gets
generated
Additional Details
 Approval Date
 Date when the limit has been approved
 If not given, the system date gets defaulted
 Offer Validity
 Maximum time given to the customer to accept the
offer
 Review Frequency
 Date on which the Limit approved is to be reviewed
 If not given, then the system defaults the date as
one year from the system date and monthly review
thereafter
 Expiry Date
 Date when the approved limit would expire
 If not given, the system defaults it as One year
T24 Limits – Creating Limits
 Maximum Total
 The available limit amount as of now
 Input can also be lower than the limit assigned
 If not given, the Internal amount gets defaulted
 Netting
 This option is used when the user wants to net both
his debit and credit balances
 This is applicable only when one single limit is
attached to two or more accounts
 Notes
 Free text
Relation between Product and Sub-Products
 Most of the Banks have products which are

linked to each other
 A Bank might choose to have Loans as its

product and under that have sub products like
Home loans, Car loans, etc
 If the product is revolving then all the sub

products under it would also be revolving
 A Non revolving product can only have a non

revolving sub product under it
Relation between Product and Sub-Products
 If we need to create a limit for the sub product, we

need to first create a limit at the product level
 Lets say a Bank wants to assign a limit to a customer

for a Home loan, then we need to first create a limit
for this customer for the product called Loan and
then create the limit for the sub product home loan
Creating an Unsecured Limit
Menu Navigation
Workshop
Use Role Based Home Pages > Retail Operations > Home
Page – Retail Credit officer > Create Limit > Unsecured Limit
Instructions
 Create an Unsecured Limit for a customer using product

code 100
 Limit amount 50000 USD and available immediately
 Commit and view the defaulted details
 Authorise the record using the following Menu:

 Use Role Based Home Pages > Retail Operations >
Home Page – Retail Credit Manager
Solution - Creating an Unsecured Limit
Workshop
Limit ID
Amount sanctioned internally Limit available for usage

Solution - Creating an Unsecured Limit (Authorisation)
Workshop
Creating a Secured Limit
Menu Navigation
Workshop
Use Role Based Home Pages > Retail Operations > Home
Page – Retail Credit officer > Create Limit > Secured Limit
Instructions
 Limit amount 100000 USD and available immediately
 Fixed limit with a collateral code 600
 Commit and authorise the record

Solution - Creating a Secured Limit
Workshop
Agenda
T24 Limits
02 Overview
03 Types of Limits
05 Creating Limits
Parameter Tables
T24 Limits > Attaching Limits to Accounts
 If a Bank wants to attach a limit to a customer’s account, it can do

so
 A single limit can be attached to more than one accounts
 Netting of balances for Limits can be opted in cases where one

limit is attached to more than one account
 The Id of the limit created, needs to be given in the

Limit.Reference field of the respective account
 The product code and the serial no in the ID alone is to be given

without the customer ID
Parameter Tables
Menu Navigation
Workshop
Use Role Based Home Pages > Retail Operations > Home Page – Retail
Credit officer > Attach Limit to Overdraft Account
Instructions
 Using menus and sub menus attach the unsecured limit

created earlier to an account
 Input the product code and the serial number in the Limit
Reference field
 Commit and Authorise the record

Solution - Parameter Tables
Workshop
Solution - Parameter Tables(Authorisation)
Workshop
Agenda
T24 Limits
02 Overview
03 Types of Limits
05 Creating Limits
Enquiries
T24 Limits > Standard Enquiries
 LIAB.ENQUIRY
 Gives information on Limits Summary, currency, sanctioned,
outstanding, available amounts, and Expiry date
 LIM.TRADE
 Sub Productwise break up of top level credit line
 Can view this enquiry through Liab Enquiry
 LIM.TXN
 Details of contracts and Accounts within a Limit
 Can view this enquiry through LIM.TRADE
 Customer Position Summary

 Displays Limits, Account and Contract balances
 Can also view collateral details through this enquiry
Liab Enquiry
 Here the customer ID is to be given as the Liability Number

Enquiries
Liab Enquiry
LIM.TRANSACTION Enquiry
LIM.TRADE Enquiry
Enquiries
Customer Position
Enquiry
Quiz
T24 Limits
1. What is a Revolving Limit?
2. What is a Secured Limit?
3. What kind of limit varies as per Collateral amount?
4. Which field is used to attach a limit to an account?
5. In which table are the limits created?
6. What happens when a customer utilises the limit

assigned in excess?
What Did We Learn?
T24 Limits
Conclusion
What are Limits
Different types of Limits
Attaching Limits to Accounts
Linkages to Static Tables
Standard Enquiries
Have a nice discovery of the Limits Application

Contact Us
For training Enquiries
university@temenos.com
Thank You
NOTICE
These training materials are the copyrighted work of Temenos Headquarters SA and other companies in the TEMENOS group of companies (The Copyright Owner). The
training materials contain protected logos, graphics and images. Use of the training materials is restricted solely for use by licensed end users, partners and employees.
Any un-licensed reproduction by any means, redistribution, editing, transformation, publishing, distribution, or public demonstration of the training materials whether for
commercial or personal gain is expressly prohibited by law, and may result in severe civil and criminal penalties. Violators will be prosecuted to the maximum extent
possible. Such training materials shall not be represented, extracted into or included in part, or in whole, as part of any other training documentation without the express
permission of the Copyright Owner, which must given in writing by an authorised agent of the Copyright Owner to be valid. Where such permission is given a clear and
prominent notice must be displayed on any and all documentation accrediting the Copyright Owner with having copyright over the materials. End-user licenses will in no
event contain permissions extending the use of these training materials to third parties for commercial training purposes.
Without limiting the foregoing, copying or reproduction of the training materials in part or in whole to any other sever or location for further reproduction or redistribution is
expressly prohibited, unless such reproduction is expressly licensed by the Copyright Owner.
Copyright © 2010 Temenos Headquarters SA

T24 Induction Business - Limits

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

T24 Induction Business - Limits

Uploaded by

Copyright:

Available Formats

T24 Limits

04 Linkages to Static Tables

06 Attaching Limits to Accounts

To Learn what is meant by Limits

Why Banks assign Limits to Customers

Different Kinds of Limits

04 Linkages to Static Tables

06 Attaching Limits to Accounts

 Banks are exposed to various risks while granting

 These risks can be reduced by fixing Limits for the

 A Bank can choose to fix various kinds of Limits for

 Checked when transactions are input

 Incase the customer does not have a limit, an

 System would create a limit if the override is approved

 Even if the Limit is utilized in excess, the system

 Normally Limits are updated online except Currency,

04 Linkages to Static Tables

06 Attaching Limits to Accounts

04 Linkages to Static Tables

06 Attaching Limits to Accounts

 Every application gets information from

 These tables help with information that is

 These tables vary from application to

04 Linkages to Static Tables

06 Attaching Limits to Accounts

 Most of the Banks have products which are

 A Bank might choose to have Loans as its

 If the product is revolving then all the sub

 A Non revolving product can only have a non

 If we need to create a limit for the sub product, we

 Lets say a Bank wants to assign a limit to a customer

 Create an Unsecured Limit for a customer using product

 Limit amount 50000 USD and available immediately

 Commit and view the defaulted details

 Authorise the record using the following Menu:

Amount sanctioned internally Limit available for usage

 Limit amount 100000 USD and available immediately

 Fixed limit with a collateral code 600

 Commit and authorise the record

04 Linkages to Static Tables

06 Attaching Limits to Accounts

 If a Bank wants to attach a limit to a customer’s account, it can do

 A single limit can be attached to more than one accounts

 Netting of balances for Limits can be opted in cases where one

 The Id of the limit created, needs to be given in the

 The product code and the serial no in the ID alone is to be given

 Using menus and sub menus attach the unsecured limit

 Commit and Authorise the record

04 Linkages to Static Tables

06 Attaching Limits to Accounts

 Customer Position Summary

 Here the customer ID is to be given as the Liability Number

1. What is a Revolving Limit?

2. What is a Secured Limit?

3. What kind of limit varies as per Collateral amount?

4. Which field is used to attach a limit to an account?

5. In which table are the limits created?

6. What happens when a customer utilises the limit

What are Limits

Different types of Limits

Attaching Limits to Accounts

Linkages to Static Tables

Have a nice discovery of the Limits Application

For training Enquiries