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LC: MT707 Showing 40A As IRREVOCABLE Despite No Change. (Doc ID 2586093.1)

Last updated on SEPTEMBER 24, 2019

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.2 and later
Information in this document applies to any platform.

Symptoms

On : 12.2 version, Implementation Support

ACTUAL BEHAVIOR
---------------
MT707 showing 40A as IRREVOCABLE despite no change.

EXPECTED BEHAVIOR
-----------------------
Generation of MT707 advice should show tag 40A as IRREVOCABLE only upon any change.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Import LC contract is created and MT700 is generated correctly with 40A updated as IRREVOCABLE
2. Amend the contract from LCDAMEND with ‘Beneficiary Confirmation Required’ as ‘Y’ and also make changes to Description of goods, Instruction etc.
3. On generation of MT707 the tag 40A is shown again as IRREVOCABLE, this should only be shown if there was a change.

BUSINESS IMPACT
-----------------------
-

Changes

 Changes provided in patchset 12.2.0.9.0 to add code to only generate tag 40A when field transferable is modified.

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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