FIX2.02.04 · Released 13 February 2015
High Importance
Breaking Change
FIXfinPOWER Connect
Released in
2.02.04
13 February 2015
- Opened23 Jan
- Closed27 Jan
- Released13 Feb
Article 12588
Job J014783
Restructured Loan Accounts; the grace period for Payments may not work as expected
After a Loan Account is restructured the grace period for Payments may not work as expected.
This means Payments may not be re-dated to their due date if within the grace period - and amongst other things Interest and Default Interest may be charged at a higher value.