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PC - SYSTEM Is Not Allowing To Reject A Contract If The BIC Is Invalid (PAIN001 & PAIN008) - contract does not resolve the Product (Doc ID 2702436.1)

Last updated on AUGUST 25, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.3 and later
Information in this document applies to any platform.


PC - SYSTEM is not allowing to reject a contract if the BIC is Invalid (PAIN001 & PAIN008)

User is having an issue with transactions coming from a PAIN001 and a PAIN008 which have an invalid BIC.

The contract does not resolve the Product and therefore the transaction cannot be rejected

Simulation Steps :
1. Perform a transaction from PAIN001 or PAIN008 with Invalid BIC
2. Contract does not resolve the product and does not reject the transaction


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