FIX1.06.03 · Released 17 September 2012
FIXfinPOWER Connect
Released in
1.06.03
17 September 2012
  1. Opened10 Sep
  2. Closed10 Sep
  3. Released17 Sep
Article 10492 Job J010340

NZCCFA Loss Formula 1; message incorrect if VFP is less than Unpaid Balance

The message generated when calculating the NZCCCFA Loss Formula 1 when closing an Account was incorrect.

It was stating:

"value of forgone payments is greater than the Account's unpaid balance."

It should be:

"value of forgone payments is less than the Account's unpaid balance."