Interbank given loans

Software support enables:

  • input and modification of master data,
  • authorization of input and modification of master data (visually or with retyping),
  • automatic printing out of contracts, notices…,
  • installment / annuity method of repayment,
  • linear / conform method of calculation of interest,
  • automatic execution of repayments schedule at loan input,
  • support for reference interest rates (EURIBOR, LIBOR…),
  • support for different charges (approval fee, management fee, commitment fee…),
  • for transactions in foreign currencies the calculation of charges is possible in domestic currency also,
  • automatic connection with payment transactions at loan disbursement and repayment,
  • execution of corresponding SWIFT messages (MT202, MT210 and MT320),
  • automatic enabling of execution of specified business events depending on transaction status – for each phase the loan has it’s own status (for example: basic input, active, completed),
  • annexing,
  • automatic bookkeeping of business events,
  • virtual and actual calculation of interest (ordinary, on arrears, accrued),
  • virtual and actual calculation of charges,
  • conversion / currency swap on loans with a currency clause,
  • warning procedure – automatic execution of warnings,
  • support for the process of depreciation of lots (IFRS) – bookkeeping of depreciations on lots,
  • accrual of charges,
  • premature repayment of loan,
  • connection with transaction account – (standing order) transfer into queue at maturity of the claim on loan,
  • connection with the colleteral module.