1.2.4 Corporate Accounts (Current/Checking and Savings)
This topic provides information about enhancements in the Corporate Accounts.
Increase in the Length of Product Entities
This release standardized the following entities by increasing their maximum allowed length.- Branch code from 3 to a maximum of 6 alphanumeric characters
- User ID from 12 to a maximum of 320 alphanumeric characters
- Customer Number from 9 to a maximum of 20 alphanumeric characters
- Customer Name from 35 to a maximum of 140 characters.
- Account Number from 20 to a maximum of 34 alphanumeric characters
- Account Description from 105 to a maximum of 140 alphanumeric characters
Account Mask Definition Restricted to Bank Parameter Configuration
Previously, during account configuration, you could define the Customer Account and IBAN mask during the Bank Parameter and Branch Parameter configurations. In this release, defining Customer Account and IBAN masks is restricted to Bank Parameter configuration. This arrangement complies with the OBMA architecture, where the Account Number is the business key.Separate EOD Batch for Statement Narrative
This release introduces a new batch job in the end-of-day cycle to handle the statement generation process.
Statements in the MT940 SWIFT Format
In this release, the end-of-day processing can generate customer statements in the MT940 format, a standard SWIFT Customer Statement message format.
Default configuration for Non-financial activity
In this release, the system considers the default configuration for non-financial activity if the account class maintenance does not set the non-financial activity parameters.Undo the Blocks Created in ELCM, VAM, or LM during Transaction Reversals
Previously, the limit or RTL utilization updated in ELCM, LM, or VAM remained the same on reversing the original transaction. In this release, reversing the original transaction reverses the RTL value to the previous state.
Ignore Errors and Overrides Generated for Accounts Having ECA during EA
Errors and overrides generated from validations of accounts having ECA during EA are now ignored.
Parent topic: Release Enhancements