Banking
Revolving Credit Facility — Customer Drawdown
A corporate customer draws JOD 500,000 from their approved JOD 2 million RCF.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Revolving Credit Loans (Drawn) | Asset (+) | 500,000.00 | - |
| Customer Current Account | Liability (-) | - | 500,000.00 |
💡 Accountant's Note
Only the drawn portion of an RCF is recognized as a loan asset. The undrawn commitment is an off-balance-sheet item for which a smaller ECL provision is required (Stage 1 — 12-month ECL on undrawn commitments).
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