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Interest is waived during TD redemption, but still system liquidates Interest. (Doc ID 2508707.1)

Last updated on MAY 12, 2022

Applies to:

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

Goal

During TD redemption, when the interest is waived still system credits the customer account with interest.

Simulaition Steps:

  1. Pick a TD account
  2. Perform redemption. Check the interest waive flag during redemption. 
  3. System will still liquidate the Interest till date

Solution

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In this Document
Goal
Solution


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