1. Use case introduction
To maximize understanding of the process, in this article we use the following example:
=>You are a program manager at a Polish bank and are managing an EIB program. The institution requests that all reports be issued in euros.
2. Select the main currency
When you create a new program, you specify its amount and the main currency. We recommend that you select the currency that will be used for reporting. As in our example, we want to report in euros, the main currency is "EUR (€)".
3. Set up all currencies
Add all applicable currencies in the program setup: these currencies will be available for distributors to choose from when initiating a reservation. After a currency is selected for a reservation, all amounts associated with that reservation will be managed in the chosen currency:
You can change the exchange rate of a currency at any time when the program is commercialized.
4. Reporting
During the reporting period, Debt Eligibility allows you to easily export the data to be sent to the institution.
For programs involving multiple currencies, simply choose:
- Either to export the raw data, with amounts expressed in the currency of the reservation.
- Or to export the converted data, with amounts expressed in the main currency.
The data is converted based on the exchange rates selected at the time of export.