Upfront fees in Fairways Debt are paid at the start date of the transaction.
Prerequisite
Navigate to the Debt & Derivatives Application
- Log in to your Fairways Debt account.
- Select a customer account.
- Navigate to Applications > Debt & Derivatives.
Navigate to the Fees Tab
- Navigate to Draft.
- Click the relevant transaction to open its profile.
- Navigate to Fees.
Add an Upfront Fee
- Click More > Add Upfront Fee.
- Complete the form with all relevant details.
Note: Fields marked with an asterisk * are mandatory.
|
Field |
Description |
|---|---|
|
Reference Code |
Unique reference of the fee. |
|
Amount |
Amount to pay. |
|
Currency |
Currency of the fee. Note: The fee currency is inherited from the transaction currency. |
- Enable Show Details after Validation to automatically open the new fee profile once created.
- Click Apply.
The new upfront fee displays.
