4.1.1.2 Increase/Decrease/Alert Utilization
This topic provides information about Increase/Decrease/Alter Utilization.
Increase/Decrease utilization transaction are used to modify the utilization amount of the transaction. This transaction will be used when customer is making payment for the loan or when the loan amount is modified.
Alter Utilization is used to modify the entire utilization transaction
details. As part of Alter Utilization, the external system sends the entire latest
utilization details. Oracle Banking ECM internally arrives the difference between the
last and current utilization and posts the difference amount as increase or decrease as
the new utilization.
- Increase and Alter (Increase) utilization actions increases the Utilization Amount and decreases the Available Amount for the associated Collateral.
- Decrease and Alter (Decrease) utilization actions decreases the Utilization Amount and increases the Available Amount for the associated Collateral.
Parent topic: Utilization Transaction Action