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Bank Cannot Collect Charges/Fees For Facility Creation/Linkage With Accounts. (Doc ID 2797701.1)

Last updated on AUGUST 09, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.3 and later
Information in this document applies to any platform.


As per the Flexcube user manual, for the facility creation fee, bank followed the document link and create one facility id and mapped with the new account after creation. Users have verified that system did not collect the charge.


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