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Unable to devolve the letter of credit contract - LC-DVOL-12 (Doc ID 2780239.1)

Last updated on JUNE 01, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 11.80.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 11.80.0.0 version, Production Support-CET

When attempting to devolve the letter of credit contract
the following error occurs.

ERROR
-----------------------
LC-DVOL-12 - TD redemption failed from FCR xxxx fails the minimum deposit-term slab check.


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Select a letter of credit contract which is to be devolved.
2. Ensure insufficient balance in the linked customer account.
3. Try to devolve the letter for credit contract.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot debit the account by devolving letter of credit contract.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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