MT940 - Credit Interest Referencing
(Doc ID 2426064.1)
Last updated on OCTOBER 11, 2019
Applies to:Oracle FLEXCUBE Universal Banking - Version 12.0.3 and later
Information in this document applies to any platform.
Credit interest is applied to accounts each month and reflects on customer statements. FLEXCUBE generates a unique ‘contract’ reference but uses NONREF as the description. Question from Bank was whether there was an option to populate with something more descriptive
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