4.2 Party Details

This topic describes the information about Party Details.

• When Party details are updated for existing delinquent accounts, it is loaded into the OBC staging area with RECORD_TYPE = 'U'. An automated batch then processes these staging records and updates them into the main entity table. Each record must be uniquely identified by the combination of Record Type, Product Processor and Party Number.
• Oracle Banking Collections checks whether a record exists for the specified Product Processor and Party Number. If a match is found, the record is updated; otherwise, it is rejected with an appropriate error.
• Record Type ‘D’ is not supported for this entity.