FIX3.03.00 · Released 1 May 2020

FIXfinPOWER Connect

Released in

3.03.00

1 May 2020

1. Opened13 Feb
2. Closed14 Feb
3. Released1 May

Article 16730 Job J023721

Revolving Credit Loan Accounts; changing Next Interest Date may not have any affect

When creating a Revolving Credit Loan Account the Interest Cycle and First Interest Date can be specified.

If the Interest Cycle is later updated and the Next Date changed it does not override the First Interest Date if Interest has not yet been charged. This means there is no way of changing the date of the first Interest charge.