Modify Bank Accounts

Created by Erik Akerlund, Modified on Mon, 20 Feb 2023 at 02:31 PM by Erik Akerlund

Front Office > Deal Entry

Modify Bank Account

Bank accounts can be changed from any given start date during a lifetime of a deal.

This is possible for the following Deal Types;

  • Loan/Depo
  • Caps/Floors
  • Leasing Loans
  • IRS
  • Credit facilities
  • Fees
  • FX

Note; Deal must be in status 'Modified' to change the bank accounts. ( -> Change this in 'Change deal status', if the deal is already "Confirmed").

  1. Select 'Modify Bank Account'

2. Select a Begin Date and the new Account/ or Accounts that you want. Begin date is not the same as payment date. The date showing in the field Begin date is equal to the interest start period date (value date of the interest period). 

3. Press "OK"

The change of accounts will only have effect from the chosen 'Begin Date'. All cashflows prior to that date will have the old account.

Permissions needed

The permission Modify Bank Accounts and Modify Deal needed to change Bank Accounts in 'Modify Bank Account'.

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