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RT Funds Transfer (FTRQ) Between FCY and LCY Accounts, the LCY Amount is Posted Equal to FCY Amount (Doc ID 2596434.1)

Last updated on OCTOBER 20, 2019

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.1 and later
Information in this document applies to any platform.

Symptoms

On : 12.0.1 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
For retail account to account transfer (FTRQ) from a Foreign currency account to Local currency account, the LCY is calculated equal to FCY even when the exchange rate is greater than 1.

EXPECTED BEHAVIOR
-----------------------
The LCY amount should be FCY amount * Exchange rate and must not be equal to FCY when the exchange rate is greater than 1

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Post an FTRQ transaction between FCY and LCY accounts.
2. Verify the LCY vs FCY amount.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Wrong LCY amount posted in credit account.

Cause

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In this Document
Symptoms
Cause
Solution
References


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