CL>Floating Rate Is Not Getting Picked Up Properly During Manual Rollover
(Doc ID 2446201.1)
Last updated on NOVEMBER 25, 2021
Applies to:
Oracle FLEXCUBE Universal Banking - Version 11.3 LA and laterInformation in this document applies to any platform.
Symptoms
Below issue is faced while doing Manual Rollover with floating Rate for a CL account.
Simulation steps :
1) Create a CL Account where for interest rate , floating rate is attached .
2) So nominal value for Interest ude will become interest rate value + floating rate value as Floating Rate Maintenance
3) Now during CLDMROLL , after account default the resolved interest rate is coming as the new nominal value . But once it is saved ,
Nominal value is getting reset to old interest value.
Cause
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In this Document
Symptoms |
Cause |
Solution |