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MT940 - Credit Interest Referencing (Doc ID 2426064.1)

Last updated on JUNE 21, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.3 and later
Information in this document applies to any platform.

Goal

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


 

Solution

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In this Document
Goal
Solution
References


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