2.3 Deposit Creation on OL Contract Disbursement

In Contract Disbursement Input (OLDMNDSB) screen, the disbursements for OL contracts are done. This triggers deposit creation or amendment automatically based on the scenario. On disbursement save, there are two possible cases.

• If the OL contract is disbursed for the first time deposit creation is initiated.
• For consecutive disbursements deposit amendment for the appropriate new principal is initiated.

On save of deposit creation, the following takes place in the staging table.

• Fetches deposit details from the Branch Auto Funding Product Maintenance screen and rates from the Treasury Floating Rate Maintenance screen.
• Value date of the deposit is based on the following dates:
  • Back dated contract - Application date is the value date of deposit.
  • Current dated and Future dated contract-Disbursement date of the contract.
• Deposit amount is the sum of principal due amount starting from the application date of the contract for that disbursement.
  • Web service is exposed for deposit creation.

The system creates a new CD contract when you disburse the amount for a contract after deleting or reversing the previous disbursement.

You can initiate redemption on reverse of VAMI and you cannot reverse the deposit.

Table 2-6 Processing of Contract Disbursement

Screen	Operation	Description	CD Action
OLDTRONL	Authorize	You can authorize OL contract, once CD is processed
	Delete	You can delete OL contract, once CD processed or if CD creation fails
	Reverse	You can reverse OL contract	CD reverse
	Reverse-Deletion	You cannot delete reverse action in OL contract for processed/unprocessed record. You can delete reverse action in OL contract for failed records
OLDVAMND	Authorize	You can authorize VAMI in OL, once request is processed in CD
	Delete	You can delete VAMI in OL, once CD processed or if VAMI fails in CD
	Reverse	You can reverse VAMI	Redemption
	Reverse-Deletion	You cannot delete reversed VAMI for processed/ unprocessed record. You can delete reversed VAMI for failed records
OLDPMNT	Authorize	You can authorize payment, once request is processed in CD
	Delete	You can delete payment in OL, once CD processed or if payment process fails in CD	Reverse Redemption
	Reverse	You can reverse payment	Reverse Redemption
	Reverse-Deletion	You cannot delete reversed payment record for processed/unprocessed record. You can delete reversed payment record for failed records
OLDMNDSB	Authorize	You can authorize disbursement record, once CD is processed
	Delete	You can delete Disbursement record, once CD processed or if CD creation fails	Reverse CD contract
	Reverse	You can reverse disbursement	Reverse CD contract
	Reverse-Deletion	You cannot delete reversed disbursed record for processed/unprocessed record. You can delete reversed disbursed record failed records