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System fails to pick the correct currency rate while doing the transaction using LOCH Screen. (Doc ID 2686569.1)

Last updated on JULY 11, 2022

Applies to:

Oracle FLEXCUBE Universal Banking - Version 11.3 and later
Information in this document applies to any platform.

Symptoms

While user is doing a cross currency AAT on LOCH Screen (Debit AFS and Credit USD) the system calculates the Buy Rate instead of Sell Rate. Actually the bank is selling USD, hence system should apply the Sell rate.

Simulation Steps :

Scenario 1 :

1. Login to Flexcube application and Navigate to LOCH Screen.

2. Post transaction from USD currency Account to AFS currency account.

3. Verify whether Buy Rate is applied.

 

Scenario 2 :

1. Login to Flexcube application and Navigate to LOCH Screen.

2. Post transaction from AFS Currency Account to USD currency account

3. Verify whether Sell Rate is applied.

 

Cause

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In this Document
Symptoms
Cause
Solution


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