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TD: Term Deposit Booked On Charge Date Falling On Holiday IC-0016 error While Modifying (Doc ID 2917937.1)

Last updated on JANUARY 11, 2023

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.0.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.0.0.0.0 version, Production Support-SET


There is a term deposit booked in 7x version (before migration) with charge start date as holiday. In 7x, there was no validation for Holiday treatment.
Now, user is trying to modify this TD in 14x (after migration) and facing error while saving - "Charge start date is a Holiday".

ERROR
-----------------------
IC-0016 "Charge start date is a Holiday".


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Unlock existing TD whose charge start date or account open date is before migration (booked in 7x)
2. Change maturity instruction (auto rollover/close on maturity)
3. Update Payout account details
4. Click on save
5. Error upon save - "Charge start date is a Holiday"

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot able to do amendment on account.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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