System Picks Up Wrong Value Of The Rate Code
(Doc ID 2592281.1)
Last updated on DECEMBER 31, 2019
Applies to:Oracle FLEXCUBE Universal Banking - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
For a loan account, A VAMI is created to start the legal interest on component with value date and the value of the chosen rate code is wrong. System is picking up the latest Base Rate Code value which was maintained before Maturity Date.
Floating Rate OLPPMS should be updated correctly.
The issue can be reproduced at will with the following steps:
1)Crated a backdated account with backdated maturity date.
2)Do current dated vami and modify penalty with rate code.
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