Provider and account records

An approved application can be submitted to a provider. The application records the provider instruction identity and the dates that help staff follow the response. A submitted instruction may still be pending. The team recognizes a confirmed outcome only when the provider evidence supports it. The Credit Officer can inspect the application alongside evidence that carries a provider event identity, received date, type and verification position.

Loan accounts identify the borrower, provider, external account and currency. Disbursement records then connect a direction and amount to both the loan account and the originating application. Keeping both references makes a movement traceable to the request that authorized it and to the account where it belongs. A provider account reference should be verified before the first movement is associated with it.

• Instruction trail. Retain the reviewed application and provider instruction identity together.
• Account identity. Confirm borrower, account code, provider and external account identity before recording a movement.
• Movement evidence. Link each disbursement to the application and loan account, preserving its debit or credit direction.

Agree how the provider sends acknowledgements, confirmations and settlement evidence. Decide which event type is sufficient to confirm an application and who checks that its provider event identity belongs to the submitted instruction. Map the provider’s account identity into the loan account record without substituting a borrower name for a unique external account reference. Define how the team handles a repeated event or an account identity correction.

The supported organization and account currencies should be chosen deliberately. Requested principal and disbursement amounts are recorded in USD, while an account may carry another currency. Exchange rates are available as effective reference records; the team should agree when they are used and who owns the provider amount. Do not infer a final cash movement from an exchange-rate record alone.

A Credit Officer submits an approved application and receives a provider instruction identity. The provider later sends a confirmation event. The officer checks its identity and verified position before treating the application as confirmed. The borrower then receives an account identity from the provider. The officer records the account for that borrower and associates a disbursement with both the account and application. If a second provider message repeats the earlier event, its identity should lead the team back to the same evidence rather than a second effect.

• Pending Provider Outcome — Submitted or pending applications with the provider instruction alongside them.
• Active Loan Accounts — Current provider account identities, currencies and linked borrowers.

Read provider outcome and repayment evidence.