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VAMI failed with an error CL-VAM-018 while increase the amount financed. (Doc ID 2658190.1)

Last updated on APRIL 17, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.4.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 12.4.0.0.0 version, Production Support-SET

When attempting to do VAMI on the CL account,
the following error occurs.

ERROR
-----------------------
CL-VAM-018 UDE Effective Date cannot be less than VAMI Effective Date


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. BNBDEPOIND floating rate code values are maintained only for the amount of slab 999.999.999.
2. Book a back value dated loan - the amount financed 999.999.999 (equal with the amount slab above) - which is using this rate code BNBDEPOIND and there are several rate revisions triggered between Value Date of the loan and Loan Booking Date;
3. Go in CFDFLTRI and maintain with branch date a new value for BNBDEPOIND, but this time maintain the amount slab as 9.999.999.999;
4. Now go on loan level and perform a VAMI with Effective date = Branch Date --> increase the Amount financed of the loan to 1.000.000.000 --> click on Save

Cause

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In this Document
Symptoms
Cause
Solution
References


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