1.5.3.2.2 Rollover Preferences
Rollover Preferences can be added for the application in the Non Financial Amendment Enrichment Stage.
For information on the screen fields, refer to the field description table below.
Table 1-53 Rollover Preferences - Field Description
| Field | Description |
|---|---|
| Rollover mode | For a loan involving a product with rollover facility, you should specify the mode of rollover, automatic, semi-auto, or manual during processing. The mode of rollover also depends on whether the mode of liquidation of the loan is automatic or manual |
| Rollover Mechanism | You can indicate whether rolling over a loan contract using the product must create a new version of the original contract, a spawn contract or a linked contract |
| Schedule definition | Select the option Product if you want the schedule definition of the rolled over contract to be the default schedule maintained for the product. Select the option Contract if you want the schedule definition of the rolled over contract to be the one currently applicable for the contract |
| Rate definition | Select the option Product if you want the rate definition of the rolled over contract to be the default rate maintained for the product. Select the option Contract if you want the rate definition of the rolled over contract to be the one currently applicable for the contract |
Parent topic: Non Financial Amendment Enrichment