Fairways Debt enables you to create overdraft facilities.
Navigate to the Overdraft Facilities Section
- Log in to Fairways Debt.
- Navigate to Import > Overdraft Facility.
Create an Overdraft Facility
- Click Add Overdraft Facility.
- Complete the form with all relevant details.
Note: Fields marked with an asterisk * are mandatory.
|
Field |
Description |
|---|---|
|
Reference |
Transaction reference, identifying the transaction in the portfolio. Note: The reference must be unique in the account. |
|
Field |
Description |
|---|---|
|
Bond Issue |
With or without bond issue. |
|
Issue Type |
Direct or indirect. |
|
Debt |
Include or exclude the transaction in the debt computation. |
|
Field |
Description |
|---|---|
|
Bank Reference |
External reference of the counterparty. |
|
Bank |
Counterparty name. |
|
Signature Date |
Date at which the contract was signed. |
|
Deliberation Date |
Date at which the transaction was traded. |
|
Field |
Description |
|---|---|
|
Start Date |
Unadjusted start date of the transaction. |
|
Day Count |
Used to compute the day fraction of an interest accrual period. |
|
Maturity Date |
Unadjusted maturity date of the transaction. |
|
Comments |
Additional details about the transaction. |
|
Field |
Description |
|---|---|
|
Limit |
Maximum authorized amount of all the bonds issued. |
|
Drawing Currencies |
Currencies allowed when drawing. |
|
Interest Rounding |
Rounding rule: count of decimals. |
|
Round Interest |
Rounding rule: rounding up or down. |
- Click Done.
The new overdraft facility displays.
