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  2. Fairways Debt
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  4. Transactions

Repay a Transaction

  • Public

Updated .

In Fairways Debt, you can perform repayments, full or partial, at any time during the term to maturity of a transaction.

 

Navigate to the Debt & Derivatives Application
  1. Log in to your Fairways Debt account, e.g. https://login.financeactive.com/eu.
  2. Select a customer account.
  3. Navigate to Applications > Debt & Derivatives.

 

Repay a Transaction
  1. Open a transaction.
  2. Navigate to Life Cycle.
  3. Click Repay.

Transaction_LifeCycle_EN.png

  1. Complete the form with all relevant details.

Note: Fields marked with an asterisk * are mandatory.

Field

Description

Trade Date

Timestamp of the repayment.

Notes:

  • The repayment trade date must be later than the transaction trade date.
  • The repayment trade date must be earlier than tomorrow.

Repayment Date

Unadjusted repayment date.

Notes:

  • The repayment date must be later or equal to the trade date.
  • If multiple repayments are associated with the transaction, the repayment dates must be different.

Repayment Type

Repayment amount type.

Note: Additional fields become available depending on the selection.

Repayment Amount

Note: This field is only available for partial repayments.

The maximum value, i.e. the outstanding balance at the repayment date, automatically fills out. Edit this value, if relevant.

Fees

Amount of the fees paid for the repayment.
  1. Click Apply to repay.

Transaction_Repay_EN.png

The repayment displays and updates the transaction schedule.

Transaction_Repaid_EN.png

 

Note: With partial repayments, if the schedule shows an amortization after the repayment, the amortization recomputes to preserve the ratio between the outstanding balance and the amortization amount.

 

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