Tracers and Ticklers Temenos T24

Globus Trade Finance

Collection Tracers  





TEMENOS

An extra feature not used by other LC Transactions Helps automatic following up collection documents at periodic intervals by way of reminders / tracers Done thro Operation T in LC application earlier. Date of first tracer and subsequent periodicity mentioned

Trade Finance G12

Slide no. 1

Globus Trade Finance

Collection Tracers   



TEMENOS

Now automatic generation of Tracers during EOD is enabled Default period to define frequency of sending tracer may be set in Country Table Country of Issuing Bank (for export collections) and applicant (for import collections) is made applicable Alternately, can be set in EB.FREE. PARAMETERS. Frequency may be changed in EB.FREE.MESSAGE

Trade Finance G12

Slide no. 2

Globus Trade Finance

Collection Tracers

TEMENOS

At LC level

Or at Country level

Or at EB.FREE.PARAMETERS

Trade Finance G12

Set for 5 Working Days here Can be set for different applications with Different days

Slide no. 3

Globus Trade Finance

TEMENOS

Workshop - 36 Send a Sight bill for USD 10000 on clean collection basis on behalf of your customer to your correspondent bank.  Send a Tracer today and instruct that it should be sent every working day thereafter. 

Trade Finance G12

Slide no. 4

Globus Trade Finance

Workshop (36) – Solution TEMENOS

Sent for collection

Docs sent on collection. Note the Delivery message types

Trade Finance G12

Slide no. 5

Globus Trade Finance

Workshop (36) - Solution

TEMENOS

Triggering Tracer

To trigger Tracer

Note the Message Type First message date Further periodicity

Trade Finance G12

If not mentioned, gets defaulted from Country table or EB.FREE.PARAMETERS

Slide no. 6

Globus Trade Finance

Workshop (36) - Solution

TEMENOS

Tracer Message

Trade Finance G12

Slide no. 7

Globus Trade Finance

Tickler

TEMENOS

Ticklers are messages for internal upkeep.  Ticklers can be set for own or for others  Receiver or Sender can stop the ticklers by accessing EB.TICKLER  General utility and usage not restricted to Trade Finance alone 

Trade Finance G12

Slide no. 8

Globus Trade Finance

EB.TICKLER

TEMENOS

Application Tickler intended for Date of Tickler Tickler instruction

Tickler recipient Tickler status - can be set to ‘STOP’ when Tickler no longer required

Trade Finance G12

Slide no. 9