FIX2.02.04 · Released 13 February 2015
High Importance
Breaking Change
FIXfinPOWER Connect
Released in
2.02.04
13 February 2015
  1. Opened23 Jan
  2. Closed27 Jan
  3. 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.