Where, for [simple_tooltip content='FCTRNG; Financial transaction in which the bank purchases receivables from a business and may advance all or part of the receivables. ']Factoring[/simple_tooltip]:

– [simple_tooltip content='CNNCTD_FCTRNG_ID; An identifier to establish the relation with the factoring operation. This variable contains the Instrument unique identifier of the related factoring operation (i.e. the instance of the cube Factoring)']Connected factoring operation identifier[/simple_tooltip] is by default null
– [simple_tooltip content='DT_END_INTRST_ONLY; The date on which the interest-only period ends. Interest-only is an instrument for which, for a contractually set period, only the interest on the principal balance is paid, with the principal balance remaining unchanged.']End date of the interest-only period[/simple_tooltip] is by default null
– [simple_tooltip content='PRJCT_FNNC_LN; Identification of project finance to identify in case of a project finance loan in accordance with Implementing Regulation (EU) No 680/2014.']Project finance loan[/simple_tooltip] is by default [simple_tooltip content='The instrument is not a project finance loan in accordance with Implementing Regulation (EU) No 680/2014.']Non-project finance loan (2)[/simple_tooltip]
– [simple_tooltip content='RPYMNT_RGHTS; Classification of credit exposures according to the creditors rights to claim the repayment of the exposure. On domand or at short notice']Repayment rights[/simple_tooltip] is by default [simple_tooltip content='Instruments subject to repayment rights other than on demand or at short notice.']Other (2)[/simple_tooltip]
– [simple_tooltip content='SBRDNTD_DBT; Identification of subordinated debt. Subordinated debt instruments provide a subsidiary claim on the issuing institution that can only be exercised after all claims with a higher status (e.g. deposits/loans) have been satisfied.']Subordinated debt[/simple_tooltip] is by default [simple_tooltip content='The instrument is not a subordinated debt in accordance with the Table in Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33).']Non-subordinated debt (2)[/simple_tooltip]
– [simple_tooltip content='TYP_AMRTSTN; Type of amortisation of the instrument including principal and interest.']Type of amortisation[/simple_tooltip] is by default [simple_tooltip content='Other amortisation schedule applied than the ones specified.']Amortisation types other than French, German, Fixed amortisation schedule or bullet (5)[/simple_tooltip]
– [simple_tooltip content='TYP_INSTRMNT; Classification of the instrument according to the type of contractual terms agreed between the parties.']Type of instrument[/simple_tooltip] is Factoring (1020)

Scheme dependencies:

Transformation Scheme ID



Derivation of the variables with implict value for “Factoring”


Phase Type Subtype Related entity
Preparation Derivation Implicit LN

Natural language

Where, for Factoring:

Connected factoring operation identifier is by default null
End date of the interest-only period is by default null
Project finance loan is by default Non-project finance loan (2)
Repayment rights is by default Other (2)
Subordinated debt is by default Non-subordinated debt (2)
Type of amortisation is by default Amortisation types other than French, German, Fixed amortisation schedule or bullet (5)
Type of instrument is Factoring (1020)

Scheme dependencies:

VTL Syntax

0 FCTRNG_E := FCTRNG [calc null as "CNNCTD_FCTRNG_ID"];
1 FCTRNG_E := FCTRNG_E [calc null as "DT_END_INTRST_ONLY"];
2 FCTRNG_E := FCTRNG_E [calc "2" as "PRJCT_FNNC_LN"];
3 FCTRNG_E := FCTRNG_E [calc "2" as "RPYMNT_RGHTS"];
4 FCTRNG_E := FCTRNG_E [calc "2" as "SBRDNTD_DBT"];
5 FCTRNG_E := FCTRNG_E [calc "5" as "TYP_AMRTSTN"];
6 FCTRNG_E := FCTRNG_E [calc "1020" as "TYP_INSTRMNT"];