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DEV : OBCL : 14.6.0.3.0 : LBDVAMND : System Is Not Allowing To Do Amendment For Loan With Amendment (Doc ID 2998319.1)

Last updated on JANUARY 22, 2024

Applies to:

Oracle Banking Corporate Lending - Version 14.7.0.0.0 to 14.7.0.0.0 [Release 14]
Information in this document applies to any platform.

Symptoms

On : 14.7.0.0.0 version, Implementation Support

DEV : OBCL : 14.6.0.3.0 : LBDVAMND : System is not allowing to do amendment for loan with amendment date as other than contract value date displaying error message on save - USNSBB1210960304


ERROR
-----------------------
LB-INT-050!-- Reset tenor can be amended only on contract value date~


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Book a three days back dated revolving loan for 5M GBP for 4 days(Tomorrow is maturity date.)
  Value date - 01-04-2021
  Book date - 06-04-2021
  Maturity date - 07-04-2021
2. Interest details :
  Rate code : TERMSONIA
  Rate fixing required : Yes
  Rate fixing days : 0
  Reset Tenor : 90
3. Save and authorize.
4. Amend loan from LBDVAMND and change reset tenor to 180 in interest call form.
5. Save and on save -- System is displaying error message on save " Reset tenor can be amended only on contract value date "

Changes

 Fix shared as Reset tenor validation has been modified as override message to allow the reset tenor amendment only on interest schedule date/value date of the loan for FPA contract on VAMI operation

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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