Skip to Main Content

Insurance

Announcement

Testing banner

Can I have a limits tree in different currencies

User_QGWU5Sep 30 2022 — edited Sep 30 2022

A holding company with global limit in a currency
subsidiary sub-limit in a different currency
is it allowed in flexcube
will the system use conversion rate to calculate the limit utilization
example: 1 usd = 5 aed
global limit level 1 = 50 usd - which means 250 aed
sub limit level 2 = 100 aed - which means 20 usd
when trying to utilize 80 aed that is linked to level 2, flexcube doesn’t allow it, it only looks at the number ignoring the currency

Comments
Post Details
Added on Sep 30 2022
0 comments
34 views