4.13 Collateral Charge Details

This topic describes the information about Collateral Charge Details.

• When collateral charge details for existing delinquent accounts are updated, the changes are loaded into the OBC staging area with RECORD_TYPE = 'U' (Update) or RECORD_TYPE = 'D' (Delete). An automated batch process then validates and processes these staging records and applies the corresponding updates to the main entity table. Each record is uniquely identified by the combination of Record Type, Product Processor, Collateral Code, and Charge Code.
• For RECORD_TYPE = 'U': Oracle Banking Collections checks whether a record exists for the specified Collateral Code and Charge Code. If a match is found, the record is updated; if not, a new record is inserted.
• For RECORD_TYPE = 'D': Oracle Banking Collections checks whether a record exists for the specified Collateral Code and Charge Code. If a match is found, the record is deleted; otherwise, the request is rejected with an appropriate error