Not Able To View Maturity Amount During TD Account Creation (STDCUSTD)
(Doc ID 2953526.1)
Last updated on JUNE 05, 2023
Applies to:
Oracle FLEXCUBE Universal Banking - Version 14.6.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
On : 14.6.0.0.0 version, Implementation Support
ACTUAL BEHAVIOR
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Not able to view maturity amount during TD account creation (STDCUSTD)
1) Processed STDCUSTD function ID
2) Define deposit amount, TD pay in details as well as TD pay out details for the customer
3) While defining TD payout details maintained 2 rows, one for Principal payout and other for interest payout with different pay out accounts
4) On click of compute application display applicable rate but same amount display for both deposit and maturity amount
EXPECTED BEHAVIOR
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Expectation of the bank is application should display maturity amount which includes also interest amount, which will help user to update interest amount to the customer upfront as well as to print on certificate. Application should display maturity date for TD account during click as well on SAVE, currently maturity amount displayed same as Deposit amount.
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot able to view maturity amount during TD account creation
Changes
The new field 'Interest amount' is introduced in Term deposit screen which will display the projected interest amount till maturity.
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |