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Term Deposit redemption fails with error AC-OVD01 (Doc ID 2560744.1)

Last updated on FEBRUARY 01, 2021

Applies to:

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

Symptoms

When attempting to redemption of TD, the following error occurs.

ERROR
-----------------------
AC-OVD01


STEPS
-----------------------
The issue can be reproduced with the following steps:
1. Book a discounted TD with upfront liquidation.
2. Withdraw the interest amount liquidated from the book account.
3. Do a premature redemption of the Deposit.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot liquidate the deposit


Cause

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In this Document
Symptoms
Cause
Solution
References


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