Financial Institution Setup

Admin user can define different financial institutions acting as a borrower in a business credit application under this screen which are required in the user panel can be configured.

View

After selecting Financial Institutions Setup from the Credit Policy Management module, User will be shown the main screen where the following fields with data will be visible for already added other bank setups or if a new bank setup is configured then the below details are displayed along with add button.

• Financial institution Code
• Financial institution Key
• Financial institution Name
• Status
• Actions (Edit, Delete)

Add

To add a new other bank type, User will press the green “Add Financial Institution” button on the right, after which they will be redirected to the main screen where the following fields need to be filled and clicked on save button. User can choose to cancel the adding the item by clicking on cancel button. User views a pop-up saying “Are you sure you want to cancel. All unsaved data gets discarded” with yes/no option.

Screen name	Field name	Description	Mandatory/non mandatory	Field type
Financial Institution setup	Financial Institution Name	This is to mention the Financial Institution names	Mandatory	Alphanumerical
	Financial Institution description	A brief note on banks	Mandatory	Alphanumerical
	Financial Institution key	This is to map the bank to a type.	Mandatory	Dropdown
	Country	This field is to mark the country of the bank	Mandatory	Dropdown
	Status	Status is to mention if this is active or inactive. If this is marked as inactive, then it will not appear in the respective screens.	Mandatory	Dropdown
	Establishment date	This is to mention when the Financial Institution was established	Non-mandatory	Calendar
	Financial Institution limit	To mention the maximum permissible limit for the bank	Non-mandatory	Numerical
	Credit Rating	To mention the credit ratings of the bank	Non-mandatory	Numerical

Edit

Clicking on the Edit icon (Action Column) as highlighted in the above screenshot will redirect the user to the screen where he/she can make changes to relevant bank type data and click on save button. User cannot edit code and key. User can choose to cancel the changes made by clicking on cancel button. User views a pop-up saying “Are you sure you want to cancel. All unsaved data gets discarded” with yes/no option.

Delete

Clicking the Delete icon (Action Column) displays a pop-up confirmation if the user is sure about deleting the record.User can press “Yes” to continue or “No” to cancel.

Prerequisites Configuration

Screens to Configure (as Pre-requisite)	Screen name	Reflection in user panel	Reflection in admin screens
Country Credit rating agency Financial Institution Type The above screens need to be configured first to configure other bank type screen.	Financial Institution setup	Borrower information report (Field name: Name of the bank) Borrower information - Only for Financial institution business segment. Field name: Bank name/financial institution)	This is reflected only in user panel