Create loan contract payout parameters
Here are the parameters for the loan contract payout. Mandatory fields are marked with a red asterisk (*).
Payment channel *
Select the payment channel name.
Counterparty name *
Enter the counterparty name.
Note: This field is not mandatory for ACCOUNT-API payment channel.
Beneficiary account ID *
Select the beneficiary account number.
Note: This field appears only when the payment channel is selected as ACCOUNT-API.
Beneficiary account number *
Enter the beneficiary account number.
Note: This field appears only when the payment channel is selected as TRUSTLY.
Bank code *
Enter the bank code.
Note: This field appears only when the payment channel is selected as TRUSTLY.
Payment amount *
Enter the payout amount.
Payment reference number
Enter the payment reference number.
Details
Enter the payout details.
Schedule re-generation rule *
Select the schedule regeneration rule. The available options are the following:
FIXED_LENGTH - the contract scheduled length remains the same as in the original contract version.
FIXED_PAYMENT - the amount of instalments remains the same as in the original contract version.
FIXED_PAYMENT_LENGTH - the amount of instalment and the contract length remains unchanged; the difference between the amounts after re-generation is assigned to the last payment in the loan repayment schedule - fixed payment length rule.
Value date *
Select the value date by clicking on the existing date field to open the calendar, then choose the desired date.
Note: This field appears only when the payment channel is selected as MANUAL.
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