A.1.23 Pay Off Quote Fee
The PAYOFF QUOTE transaction on Maintenance screen includes the required parameter ASSESS PAYOFF QUOTE FEE. If you select Y, Oracle Financial Services Lending and Leasing assesses a payoff quote fee on Customer Service form’s Balances screen for Balance Type FEE PAYOFF QUOTE. The amount of the payoff quote fee is based on contract setup.
The following transactions allow you to adjust or waive the pay off quote fee.
The adjustments will appears in the corresponding column of Customer Service form’s Balances screen for FEE PAYOFF QUOTE Balance Type-- Waive, Adjusted (-), or Adjusted (+) -- depending on which of the following transactions you perform.
Table A-43 To adjust a pay off quote fee
| Transaction | Parameters |
|---|---|
| Adjustment to Payoff Quote Fee - Add | Txn Date Amount |
| Adjustment to Payoff Quote Fee - Subtract | Txn Date Amount |
Table A-44 To waive a pay off quote fee
| Transaction | Parameters |
|---|---|
| Waive Payoff Quote Fee | Txn Date Amount |
Parent topic: Monetary Transactions