Setting up FX Rate Templates

FX Rates is a tab under the Products section where Platform Administrators can create and manage FX Rate templates, a collection of multiple Exchange Rates.

These FX rates: 

• Will be used to convert the value of an instrument to the Deal currency to calculate the limit used

• Can be updated via [API and SFTP]

FX rates and Limit calculations example: If you have a $10m facility and a EUR 100,000 invoice is uploaded, then the USD - EUR rate will be used to calculate the Limit, when the invoice is funded.

More on limit calculation here