OBSCF - Absence of CASA Accounts in Contract Creation/Repayment Service (Doc ID 3067928.1)

Last updated on JANUARY 20, 2025

Applies to:

Goal

OBSCF - Absence of CASA accounts in Contract Creation/Repayment Service

As per bank's core banking system's requirement, loan contract creation and settlement require multiple CASA accounts like disbursement account, repayment account, charges account etc. for disbursing funds to that account and settling outstanding finances.

But after exploring the product thoroughly, we could not find any configurations or product setups where account mapping is done for this purpose.

Also, we have checked CreateContract service request from documentation, there are no fields for account numbers to be passed. Since we are integrating OBSCF with third party core (T24), it expects OBSCF to pass on these account numbers in CreateContract and CreatePayment request.

Kindly comment why such basic configuration/fields are missing from product setup and host services in OBSCF and how we can overcome this disconnect between both systems.

Solution

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