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CL: Loan -Incorrect Amount In MT202 Message (Doc ID 2856803.1)

Last updated on MARCH 28, 2022

Applies to:

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

Symptoms

ACTUAL BEHAVIOR
---------------
MT202 with incorrect Loan Amount.

EXPECTED BEHAVIOR
-----------------------
System should send the MT 202 with correct outstanding amount.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1 Take a up-front interest collection product.
2. Lets say loan disbursed amount is 5000 and interest is 100 then amount in 202message amount should be 4900(5000-100).
3. But system is reducing the interest amount twice in the 202 message. MT202 sent as 4800 (5000-100-100).

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, incorrect message is being sent.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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