Process ROPA Function - Fields Description

At this function, user will come across various fields or columns that needs to be maintained with relevant data.

The descriptions of the respective field or column, are as follows:-

Process ROPA (Panel)

<Task Card> (Sub-Panel)

This is the status task card related to ROPA process.

The Task Cards that can be displayed, are as follows:-

  • New Request (Request or book a collateral item as an ROPA item)

  • Pending Approval (Review, propose and approve on ROPA items)

  • Pull Out (Pull out ROPA items for repossession)

  • Take Up (Update Repossession status of ROPA item)

<New Request> Task Card

<Collateral Search Criteria> (Panel)

Please Enter Search Value

This is the value to be used to search for credit applications. This is a search criteria data input field.

Note: If the value inputted into this field is relating to Collateral Key or Reference No. or Prefer Collateral ID or Account No. or Customer Name, user can click the related criterion button, accordingly.

Collateral Key

This is the unique internal system generated reference number of a particular collateral, which disregards the collateral type, e.g., 563. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Reference No.

This is a system generated unique reference number of a particular collateral, which is pre-fixed with a collateral type code at the first and second digit, e.g., 01351 or 02351. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Prefer Collateral ID

Prefer Collateral ID is the preferred reference number maintained by user relating to a particular collateral. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Account No.

This is the system generated unique reference number of a credit facility account that is related to a particular collateral. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Customer Name

Customer Name refers to the name of a customer in system that is related to a particular collateral. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.
<Collaterals List Modal Screen> (Pop-up Window)

Please Enter Search Value

This is the value to be used to search for collateral records. This is a search criteria data input field.

Note: If the value inputted into this field is relating to Collateral Reference No. or Prefer Collateral ID or Account No. or Customer Name, user can click the related criterion button, accordingly.

Collateral Key

This is the unique internal system generated reference number of a particular collateral, which disregards the collateral type, e.g., 563. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Reference No.

This is a system generated unique reference number of a particular collateral, which is pre-fixed with a collateral type code at the first and second digit, e.g., 01351 or 02351. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Prefer Collateral ID

Prefer Collateral ID is the preferred reference number maintained by user relating to a particular collateral. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Account No.

This is the system generated unique reference number of a credit facility account that is related to a particular collateral. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Customer Name

Customer Name refers to the name of a customer in system that is related to a particular collateral. This is the search criteria button to be clicked once, in order for system to search and retrieve the relevant collateral records.

Note: Click on this button if the value inputted at the 'Please Enter Search Value' search criteria field is related to existing collateral records.

Collateral Key

This is the unique internal system generated reference number of a particular collateral, which disregards the collateral type, e.g., 563.

Reference No.

This is a system generated unique reference number of a particular collateral, which is pre-fixed with a collateral type code at the first and second digit, e.g., 01351 or 02351.

Account No.

This is the system generated unique reference number of a credit facility account that is related to a particular collateral.

Collateral Type

This is the category of the collateral and the collateral value (in collateral currency).

Some possible collateral types that can be displayed, are as follows:-

  • Accounts Receivables

  • Farm Equipment and Machineries

  • Gadget

  • Home Appliance

  • Heavy Equipment

  • Inventory/ Trust Receipts

  • Livestock

  • Motorcycle

  • REM

  • Sea Vessel

  • Vehicles

Customer Name

This is the name of a customer in the system that is related to a particular collateral.

Preferred Search Key

This refers to the preferred reference number maintained by user relating to a particular collateral.

  • This window will pop up, after user has clicked once on one of the available search criterion buttons, located at the <Collateral Search Criteria> panel, when there are more than one record found.

  • This window allows the user to select a relevant account record that has been found.
Process ROPA (Panel)

<New Request> Task Card

Collateral Key/Ref

This refers to representation of the following data:

  • Unique internal system generated reference number of a particular collateral, which disregards the collateral type, e.g., 563

  • System generated unique reference number of a particular collateral, which is pre-fixed with a collateral type code at the first and second digit, e.g.,M000378

  • Status of the collateral, e.g , Active.

Type

This is the category of the collateral, that is applicable to user and has been pre-mapped to system’s collateral category.

Description

This is the description of a collateral e.g., a unit of light industrial factory known as Lot 108, at Batu Tiga Light Industrial Park.

Secured

This refers to the system generated unique reference number of a credit facility account that is related to a particular collateral as well to the name of a customer in system that is related to that particular collateral

<New Request> Task Card(Sub-Panel)

Account No.

This is the system generated unique reference number of a credit facility account that is related to a particular collateral.

Product

This is credit facility product code of the account associated with the Account No. above.

Non Starter

This is the indicator that no payment was made to the credit facility account since the 1st repayment date.

The possible values are as follows :

  • N - No

  • Y - Yes

Principal Balance

This is the credit facility account’s principal balance outstanding amount.

Customer Name

This is the customer name of the main holder and joint account holder, that is related to a particular collateral.

Note: For each individual account that comprises main and joint holders, the value that will be display includes, the main customer name, follows by each joint customer name.

Example: Annie Wong/ Suzie Wong
ROPA Request Details (Pop-Up Window)

Classification Code

This refers to the collateral classification in relation to its value in the market.

The possible values that can be selected, are as follows:-

  • A - Good

  • B - Fair

  • C - Substandard

  • D - Deteriorating

Replace Collateral

This indicates that the collateral is being replaced by another collateral.

The possible values that can be selected, are as follows:-

  • Y - Yes

  • N - No

Reason for Replacement

This refers to the description of the replacement, e.g., 01 - Owner has sold off.

Note: The possible values that be selected for this field can be pre-maintained using the 'Common Codes' function under the 'ROPARPLRSN' codes category.

Condition of the Collateral

This refers to the brief description on the conditions of the collateral.

Current Market Value

This is the worth of the collateral, which is usually mentioned as the open market value at the valuation report.

Remarks

This is the description/remark of the ROPA.

  • This window will pop up, after user has clicked once on Enter Request ROPA button at the display of collateral details at <New Request>. Task Card (Subpanel)

  • This window allows the user to update details of the selected collateral record for ROPA process.
<Pending Approval> Task Card (Panel)

Reference No.

This is a system generated unique reference number of a particular collateral, which is pre-fixed with a collateral type code at the first and second digit, e.g., 01351 or 02351.

Description

This is the description of a collateral e.g., a unit of light industrial factory known as Lot 108, at Batu Tiga Light Industrial Park.

Market Value

This is the worth of the collateral, which is usually mentioned as the open market value at the valuation report.

Replacement

This indicates the collateral being replaced by another collateral.

The possible values that can be displayed, are as follows:-

  • Y - Yes

  • N - No

No.Of Account

This is the number of credit facility that has been linked or attached to the collateral.

Create By

This refers to the User ID who has created the related ROPA process request record.
Pending Approval Detail (Pop-Up Window)

Status

This refers to the status of the ROPA process request.

The possible radio button options that can be selected are as follows :

  • U - Approve

  • R - Reject

Decision Maker Remarks

This is the additional description of the decision made relating to the ROPA item in the ROPA process.

Classification Code

This refers to the collateral classification in relation to its value in the market.

The possible values that can be displayed, are as follows:-

  • A - Good

  • B - Fair

  • C - Substandard

  • D - Deteriorating

Replace Collateral

This indicates the collateral being replaced by another collateral.

The possible radio button options that can be selected are as follows :

  • N - No

  • Y - Yes

Reason for Replacement

This indicates that the collateral is being replaced by another collateral.

The possible values that can be displayed, are as follows:-

  • Y - Yes

  • N - No

Condition of the Collateral

This refers to the brief description on the conditions of the collateral.

Current Market Value

This is the worth of the collateral, which is usually mentioned as the open market value at the valuation report.

Remarks

This is the additional information relating to the ROPA process request.

Account No.

This is the system generated unique reference number of a credit facility account that is related to a particular collateral.

Product

This is credit facility product code of the account associated with the Account No. above.

Non Starter

This is the indicator that no payment was made to the credit facility account since the 1st repayment date.

The possible values are as follows :

  • N - No

  • Y - Yes

Principal Balance

This is the credit facility account’s principal balance outstanding amount.

Customer Name

This is the customer name of the main holder and joint account holder, that is related to a particular collateral.

Note:

For each individual account that comprises main and joint holders, the value that will be display includes, the main customer name, follows by each joint customer name.

Example: Annie Wong/ Suzie Wong

  • This window will be displayed after user has clicked once on the Details on a selected record of <Pending Approval> Task Card (Panel)

  • The purpose of this window to allow the user to update the decision status of pending collateral for the ROPA process.
<Pull Out> Task Card (Panel)

Reference No.

This is a system generated unique reference number of a particular collateral, which is pre-fixed with a collateral type code at the first and second digit, e.g., 01351 or 02351.

Description

This is the description of a collateral e.g., a unit of light industrial factory known as Lot 108, at Batu Tiga Light Industrial Park.

Market Value

This is the worth of the collateral, which is usually mentioned as the open market value at the valuation report.

Replacement

This indicates the collateral being replaced by another collateral.

The possible values that can be displayed, are as follows:-

  • Y - Yes

  • N - No

No.Of Account

This is the number of credit facility that has been linked or attached to the collateral.

Create By

This refers to the User ID who has created the related ROPA process request record.
Pull Out Detail (Pop-up Window)

Pickup Order No

This is the order reference number relating to the collateral, that is to be repossessed.

Pull Out Remarks

This is the additional information relating to the collateral, that is to be repossessed.

File Upload

This is the area whereby user can drag an image file of a collateral item or a document, and drop it at this area for file upload purpose.

Status

This refers to the status of the pull out.

The possible radio button options that can be selected,are as follows :

  • U - Approve

  • R - Reject

Decision Maker Remarks

This is the additional description of the decision made relating to the ROPA item in the ROPA process.

Classification Code

This refers to the collateral classification in relation to its value in the market.

The possible values that can be displayed, are as follows:-

  • A - Good

  • B - Fair

  • C - Substandard

  • D - Deteriorating

Replace Collateral

This indicates the collateral being replaced by another collateral.

The possible radio button options that can be selected are as follows :

  • N - No

  • Y - Yes

Reason for Replacement

This indicates that the collateral is being replaced by another collateral.

The possible values that can be displayed, are as follows:-

  • Y - Yes

  • N - No

Condition of the Collateral

This refers to the brief description on the conditions of the collateral.

Current Market Value

This is the worth of the collateral, which is usually mentioned as the open market value at the valuation report.

Remarks

This is the additional information relating to the ROPA process request.

Account No.

This is the system generated unique reference number of a credit facility account that is related to a particular collateral.

Product

This is credit facility product code of the account associated with the Account No. above.

Non Starter

This is the indicator that no payment was made to the credit facility account since the 1st repayment date.

The possible values are as follows :

  • N - No

  • Y - Yes

Principal Balance

This is the credit facility account’s principal balance outstanding amount.

Customer Name

This is the customer name of the main holder and joint account holder, that is related to a particular collateral.

Note: For each individual account that comprises main and joint holders, the value that will be display includes, the main customer name, follows by each joint customer name.

Example: Annie Wong/ Suzie Wong

  • This window will be displayed after user has clicked once on the Details on a selected record of <Pull Out> Task Card (Panel)

  • The purpose of this window to allow the user to update the decision status to repossess collateral for the ROPA process and upload the relevant documents.
<Take Up> Task Card(Panel)

Reference No.

This is a system generated unique reference number of a particular collateral, which is pre-fixed with a collateral type code at the first and second digit, e.g., 01351 or 02351.

Description

This is the description of a collateral e.g., a unit of light industrial factory known as Lot 108, at Batu Tiga Light Industrial Park.

Market Value

This is the worth of the collateral, which is usually mentioned as the open market value at the valuation report.

Replacement

This indicates the collateral being replaced by another collateral.

The possible values that can be displayed, are as follows:-

  • Y - Yes

  • N - No

No.Of Account

This is the number of credit facility that has been linked or attached to the collateral.

Create By

This refers to the User ID who has created the related ROPA process request record.
Take Up Detail (Pop-up Window)

Take Up Remarks

This is the additional information relating to the ROPA item to be taken up in the ROPA process.

Pickup Order No

This is the order reference number relating to the collateral, that is to be repossessed.

Pull Out Remarks

This is the additional information relating to the collateral, that is to be repossessed.

File Upload

This is the area whereby user can drag an image file of a collateral item or a document, and drop it at this area for file upload purpose.

Status

This refers to the status of the take out.

The possible radio button options that can be selected are as follows :

  • U - Approve

  • R - Reject

Decision Maker Remarks

This is the additional description of the decision made relating to the ROPA item in the ROPA process.

Classification Code

This refers to the collateral classification in relation to its value in the market.

The possible values that can be displayed, are as follows:-

  • A - Good

  • B - Fair

  • C - Substandard

  • D - Deteriorating

Replace Collateral

This indicates the collateral being replaced by another collateral.

The possible radio button options that can be selected are as follows :

  • N - No

  • Y - Yes

Reason for Replacement

This indicates that the collateral is being replaced by another collateral.

The possible values that can be displayed, are as follows:-

  • Y - Yes

  • N - No

Condition of the Collateral

This refers to the brief description on the conditions of the collateral.

Current Market Value

This is the worth of the collateral, which is usually mentioned as the open market value at the valuation report.

Remarks

This is the additional information relating to the ROPA process request.

Account No.

This is the system generated unique reference number of a credit facility account that is related to a particular collateral.

Product

This is credit facility product code of the account associated with the Account No. above.

Non Starter

This is the indicator that no payment was made to the credit facility account since the 1st repayment date.

The possible values are as follows :

  • N - No

  • Y - Yes

Principal Balance

This is the credit facility account’s principal balance outstanding amount.

Customer Name

This is the customer name of the main holder and joint account holder, that is related to a particular collateral. Note: For each individual account that comprises main and joint holders, the value that will be display includes, the main customer name, follows by each joint customer name.

Example: Annie Wong/ Suzie Wong

  • This window will be displayed after user has clicked once on the Details on a selected record of <Take Up> Task Card(Panel)

  • The purpose of this window is to allow the user to update the decision status for proceeding with collateral repossession for the ROPA process.