The Rate System will be developed as a 3270 CICS-based application system to enable users in the Head Office to input the exchange and application systems’ rates, as well as to allow the branches to inquire and download these rates.

• A centralized database to store the various types of rates.

• Rates that can be maintained in the Exchange Rate System include: -

  • Exchange Rates

  • Base Lending Rates

  • Money Market Rates

  • Fixed Deposit Rates

  • Saving Deposit Interest Rates

  • Skim Perbankan Islam Rates

• To  provide  end-of-day  reporting  that  list  the  details  of  all the rates in the  system.

• Capability to broadcast a message to pre-defined 3270 workstations informing the branches of the new effective rates.  To create new effective rates file for ATM and EBS.  Branches could download new effective rates file via FTP to the Branch Display PC.

• To allow flexibility to create or remove new rates by users without changing any programs.

• To provide full screen to view all effective rates and  ability to  scroll to next page when the rate entries cannot be fitted into one single page.

• To allow user to activate all rates by product type at one time or selectively one rate at a time.

• To allow user to input tiered rate.

• To view the effective rate without having to input the effective date.

• To support multiple Fixed Deposit Rates / Saving Deposit Interest rates based on the product feature.

• Security profile will be based on Transaction ID interfacing to RACF.  The system will group the security profile by product or function level.

  • Product level
    A user is authorised to update by product level, example. Saving interest rates, Money market rates. 

  • Function level
    A user is authorized to (i) View Only , or (ii) View and Update.

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