Maintaining Bank Information

Overview

The Bank Maintenance feature enables you to record bank information that Sales Representatives and Analysts can select when adding bank references for customers or credit requests, or Issuing, Advising  or Confirmation banks for collateral transactions.

When the bank is selected, the information stored for the bank is automatically added to the bank reference or collateral transaction, reducing data entry effort and helping to ensure that the information entered is correct.

Using the Bank Maintenance feature, you can set a limit for the total amount of exposure an issuing bank can incur for your customers. eCredit uses the maximum exposure you enter to calculate the balance exposure for the issuer bank that guides analysts when they enter letter-of-credit collateral transactions.

Related topics

• Adding Bank Information

• Viewing Bank Exposure

• Changing Bank Information

• Deleting Bank Information