Thursday, 2 March 2017

Error in Closure Verification of Term Deposit (TD) Account in DOP Finacle

Error in Closure Verification of Term Deposit (TD) Account in DOP Finacle

HCAACTD command is used for close of TD Account. CPA invoked the command to proceed the closure of TD Account. The command is invoked successfully in CPA Level. Now Supervisor invoked HCAACVTD command and try to verify the TD Account but there are four types of error appear on screen. Error details are given in screen shoot.
Error in TD Closure Verification
Reason of Error :- As you know TD account is auto renewal at the maturity date. If we close the account after maturity date, this error appears.

Finacle Solution :- 

  • The closure value date at the time of closing at the counter PA should be same as the current date.
  • For Ex;- If you are trying to close the account on 01/03/2017 then enter the closure value date also as 01/03/2017.
  • Then verify the closure in the supervisor, Now there is no such error.

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