Add an Upfront Fee

Upfront fees in Fairways Debt are paid at the start date of the transaction.

 

Prerequisite

 

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

 

Navigate to the Fees Tab
  1. Navigate to Draft.
  2. Click the relevant transaction to open its profile.

Draft_EN.png

  1. Navigate to Fees.

Transaction_EN.png 

 

Add an Upfront Fee
  1. Click More > Add Upfront Fee.

Transaction_Fee_More_EN.png

  1. 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.

  1. Enable Show Details after Validation to automatically open the new fee profile once created.
  2. Click Apply.

Fee_Upfront_Add_EN.png

The new upfront fee displays.

Fee_Upfront_Added_EN.png 

 

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