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This glossary defines terms used throughout the Trade Services Admin system and Admin Help. Click here to view the glossary for the Corporate Customer Help (CCH) system. Glossary terms are sorted in alphabetical order.
Note: Use your browser's Back button to return to a topic after displaying a glossary definition. Online help topics referenced in this topic that are followed by '(CCH)' are part of the Corporate Customer Help system. Clicking on one of these links displays the selected Corporate Customer Help topic in a new browser window.
Data items in the Trade Services system that are set up by admin users at the ASP, client bank, and bank group levels. Authorised admin users can create and work with the following types of admin reference data: parties (CCH), phrases (CCH), security profiles (CCH), and instrument templates (CCH).
A reference data item that provides a control of the admin functions of the system. Admin users are assigned to admin security profiles so that each user can perform specific functions. Some or all functions are available to each user, depending on the security profile to which the user is assigned.
An admin reference data item identifying a person who is able to log into and use administrative features of the Trade Services system. Each user has a admin user profile and is assigned an admin security profile.
Information that exists for each admin user of the Trade Services system. The admin user profile contains information about the user, such as his or her contact information, as well as security settings for the admin user. You work with admin user profiles in the Admin Users & Security area. You can view a read-only version of your admin user profile by pressing View My User Profile on the Admin Home page.
The organisation that maintains and operates the Trade Services system for its client banks. ASP admin users can create and work with client bank organisations and can access corporate customer data through the Customer Access function when a corporate customer or client bank needs assistance with a corporate customer's data.
The process by which the Trade Services system validates the users login/identity credentials, and provides the user with access to the system. The Trade Services system determines, during authentication, the appropriate branding and language to display on the application pages, and what information to display to the user.
The currency for your organisation, which your bank defines in your organisation's profile.
An organisation used by a client bank to group its corporate customers. Admin users at the bank group level access the Trade Services system in order to add corporate customers or access corporate customer data through the Customer Access function when a corporate customer needs assistance with a corporate customer's data.
An organisation that accesses the Trade Services system in order to process trade transactions through a client bank organisation. Users at the corporate customer level cannot access the admin functions of the system.
An organisation that accesses the Trade Services system in order to add corporate customers and associated reference data (CCH), add bank groups, add operational bank organisations, and access corporate customer data through the Customer Access function when a corporate customer needs assistance with a corporate customer's data.
A function of the Trade Services system through which an admin user at either the client bank or ASP level can access corporate customer data when a corporate customer needs assistance using the system. The ability to use the customer access function to access corporate customer data is controlled by each admin user's admin user profile.
A security profile (CCH) defined in an admin user profile that defines the actions an admin user can perform while accessing customer data through the Customer Access function. You can specify any valid security profile added through the Reference Data Area with Security Profiles as an admin user's customer access security profile. Regardless of the security rights defined in the selected customer access security profile, an admin user accessing corporate customer data can never authorise transactions.
A daily monetary limit imposed by the bank on each type of payment separately (Transfer Between Accounts, Domestic Payment or International payment) determining how much a customer can be debited in local currency when processing each type of instrument before alerts are raised to bank processing staff. The limit is reset at the beginning of each business day.
Allows the user to decline of any receivables or payables invoices that are sent to the Portal from TPS for approval.
Allows the user to decline of any receivables or payables Credit Notes that are sent to the Portal from the TPS for approval.
A payment instrument facilitating the movement of money between counterparties located in the same country, usually in the local currency. It may be a monetary movement from one debit party to one credit party, or from one debit party to multiple credit parties in one transaction/instrument.
A group of transactions in the Trade Services system. The first transaction is an issue (for activities generated in the Trade Services system) or could be either an advise or issue, for bank-initiated activities. Subsequent transactions are amendments, payments (issued by the bank), and usances (issued by the bank). An instrument can have related instruments; for example a usance Letter of Credit would have related instruments representing future payments. You work with instruments in the Instruments area of the system.
A payment instrument facilitating the movement of money across international borders and often in a currency that is a foreign currency for either the debit party or the credit party or both parties.
A locked out user is an admin or corporate customer user who has exceeded the allowable number of unsuccessful login attempts (as defined in the Client Bank Detail Page), and the user's account is now locked (the user is unable to log into the system). Locked accounts can be viewed and unlocked in the Locked Out Users Listing.
An organisation that represent the 'back-office' operational processing areas for a client bank. Each client bank can have multiple operational bank organisations through which corporate customer transactions are processed.
The structure of organisations that access and use the Trade Services system. At the top of the organisation hierarchy is ASP, followed by client bank organisations, then bank groups, and finally by each corporate customer organisation.
Passwords for accessing the Trade Services system must adhere to the following constraints (unless specified otherwise, all validations are case sensitive):
Your password cannot be the same as any of the following fields: user ID, first name, last name, or login ID. This validation is case insensitive.
Your password cannot start or end with any spaces.
Your password must contain the minimum number of password characters defined by your bank. For more information, contact your bank.
Your password cannot have three consecutive characters that are the same.
When changing a password, your new password cannot be the same as your old password.
When changing a password, the entry in New Password and Retype New Password on the Change Your Password page must match.
Note: Passwords are not applicable if your organisation uses certificates, rather than passwords, for system security.
Types of transactions/instruments that facilitate the movement of money from one bank account to another, from one institution to another.
The mode in which the field cannot be edit-able.
Receivables Management refers to a bank service offering where the bank provides tools to enable the customer (seller) to more efficiently perform A/R reconciliation and receivables financing. The A/R items are the customer’s accounts receivables.
Receivables Management refers to a bank service offering where the bank provides tools to enable the customer (seller) to more efficiently perform A/R reconciliation and receivables financing. The A/R items are the customer’s accounts receivables.
An import documentary letter of credit instrument issued in the trade portal by a bank (or corporate) customer that requests the Proponix bank, upon receipt, to advise the letter of credit on its behalf instead of issuing it themselves.
The Security Rights given to the user.
An instrument (not intended to be the vehicle of payment for the trade transaction) issued by a bank that supports trading activities by corporate customers. A Standby Letter of Credit can be either Outgoing (initiated by your organisation and sent to your bank for processing) or Incoming (initiated by another organisation and sent to you by your bank). The Trade Services system supports both a simple Standby Letter of Credit form and a detailed Standby Letter of Credit form. Your corporate customer profile, set up by your bank, determines whether your organisation uses the standard form, detailed form, or both.
SWIFT is a message type (MT) that transmits financial information from one financial institution to another.
A payment instrument allowing money to be transferred from one of a corporation’s bank accounts to another bank account belonging to the same corporation – both accounts being held at the same banking institution.