2.2.2.1.4 Reverse Utilization
This topic provides information about reverse utilization.
Reverse Utilization transaction is used to reverse or roll back all existing
utilizations linked to a facility, liability or Exposure thereby setting the utilization
balance back to zero. This action undoes all previous utilization-related activities
(NEW, INCREASE, DECREASE). This can be used to handle below scenarios.
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- Error Correction: If there was an operational error, reversing the utilizations allows you to quickly correct the account status without individually undoing every transaction.
- Contract or Cancelation: When user wants to close the transaction.
Parent topic: Utilization Transaction Actions