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KYC Next Review Date Is Not Configurable (Doc ID 2605017.1)

Last updated on OCTOBER 30, 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
---------------

System populates/derives the KYC Next Review Date automatically depnding on the Risk level opted by user , as follows:
high risk customers = after 1 year
medium risk customers = after 2 years
low risk customers = after 3 yeas

EXPECTED BEHAVIOR
-----------------------
Bank wants to modify the Next Review date as per their requirement i.e after 1 year for every Risk Level.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Maintain new KYC details using screen STDKYCMN.
2. Select any Risk Level i.e Low, Medium or High.
3. Verify the Next Review Date is populated as mention in "ACTUAL BEHAVIOR "

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this bank cannot have the Next Review date as per their choice.

Cause

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In this Document
Symptoms
Cause
Solution
References


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