In LC Unable To Save A Contract With Combination Of Limits And Cash Collateral, Error comes as limit should be 100 percentage
(Doc ID 2914100.1)
Last updated on DECEMBER 13, 2022
Applies to:
Oracle FLEXCUBE Universal Banking - Version 14.3.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
On : 14.3.0.0.0 version, Production Support-SET
LC :: Unable to save a contract with combination of Limits and Cash collateral
Bank tries to create a LC contract as a combination of Line 60% and cash collateral 40%.
Getting below error 'Sum of Linkage Percentage should be equal to 100' on visit of collateral, after capturing the limits detail
Below is the case:
- Amount: USD 100,000.00
- Tenor:30D
- Payment Term: Sight
- Collateral : 40% CASH + 60% LINE
ERROR
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LC-VALS-600
STEPS
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The issue can be reproduced at will with the following steps:
1.Launch LCDTRONL/LCDGUONL
2.Choose any product and choose a customer
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |