Copy Mandate

Introduction

This option allows the retail user to copy details of the selected mandate and create a new mandate.

Navigation

• Click Copy in the View Mandates screen under Transaction Support Services menu option

• The Copy Mandate  screen is displayed.

What you can do

The table below provides a brief description of the data that should be entered on the screen and the functions you can perform:

Field

Description

Option

The activities possible for mandate management are:

• Register a mandate

• View Mandates

Click Ok to go to the Manage Mandate screen based on the selected activity type.

MANDATE FORM

Counter Party Nickname

Enter the counter party nickname. The mandate is applicable for this counter party.

Click LookUp to select the counter party using search criteria.

Bank Name

The bank name of the counter party is displayed.

Bank Branch

The counter party branch id is displayed.

Bank Country

The bank country of the counter party is displayed.

Collect from Account

The account number of the counter party is displayed.

Account Currency

The currency of the counter party account is displayed.

Mandate Reference

Specify the unique reference of the mandate. This could, for example, be a loan number.

Note:

This is a mandatory field.

Collection Currency

Select the currency for the collection transaction from the drop-down.

Note:

This is a mandatory field.

Maximum Amount Per Collection

Specify the maximum amount to be collected per transaction in collection frequency.

Note:

This is a mandatory field.

Minimum Amount Per Collection

Specify the minimum amount to be collected per transaction in collection frequency.

Note:

This is a mandatory field.

Collection Frequency

Select the frequency with which the collection is be done  from the drop-down.

Valid Values:

Daily

Weekly

Monthly

Yearly

Note:

This is a mandatory field.

Collection Account

Select the account of the retail user to which the collection amount is credited. Click View Account Details button to view the details of the selected account.

Note:

This is a mandatory field.

Mandate Start Date

Select from the calendar widget the date on which the mandate should begin.

Note:

This is a mandatory field.

Mandate End Date

Select from the calendar widget the date on which the mandate should end.

Note:

This is a mandatory field.