TD Roll Over With Incorrect Term
(Doc ID 2554734.1)
Last updated on FEBRUARY 10, 2020
Applies to:Oracle Banking Platform - Version 2.4 and later
Information in this document applies to any platform.
TD Roll over with incorrect term - how the new term is determined for the TD account which is getting rolled over, Does it depends upon the previous deposit term or there are any rules defined.
For example :
- A account:
- Deposit 14 of Account A got rolled over to 6 months and then contract modification was done to change the deposit term to 9 months.
- Later on account A got rolled over for 9 months in deposit 15.
- B account:
- Deposit 13 of Account B got rolled over to 6 months and then contract modification was done to change the deposit term to 9 months.
- Deposit 14 of Account B got rolled over to 6 months instead of 9 month as happened in account A.
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