OBTF-FCUBS integration for Interest

1.5.4 OBTF-FCUBS integration for Interest

Below are the types of rate that can be sent by FCUBS :

Type	Processing
Fixed Rate	RP rate will be considered to compute Interest amount
Variance Rate	RP rate will be added to internal rate in OBTF. Interest will be computed based on derived rate.
Percentage	RP value will be considered as percentage. System will derive final rate as percentage of internal Interest rate. Interest will be computed based on derived Interest rate.

Type

Processing

Fixed Rate

RP rate will be considered to compute Interest amount

Variance Rate

RP rate will be added to internal rate in OBTF.

Interest will be computed based on derived rate.

Percentage

RP value will be considered as percentage.

System will derive final rate as percentage of internal Interest rate.

Interest will be computed based on derived Interest rate.

Rate will be displayed in Interest subsystem. Type to be verified in FCUBS.

Parent topic: Integration Process