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Account Debit For CD Contract (Doc ID 2526178.1)

Last updated on DECEMBER 04, 2019

Applies to:

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


Problem Description:

1. Future dated CD contract was booked for an account which does not have balance.
2. Transaction code is marked for "Check available balance"
3. When value date arrives, system is firing the init event and debiting customer account even though it doesn't have balance. Resulting account balance going into negative

Expectation- System should not allow debit if balance is not suffficient and display error.


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