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## 3.6.2 Interest Optimization Closure

This topic describes the systematic instructions to close the Interest Optimization.

During the closure of an Interest Optimization structure:

1. On structure closure authorization, system will immediately liquidate and allocate the interest to all the accounts in the structure.
2. System will disable the ‘IC required’ flag from ‘Yes’ to ‘No’ for all the accounts and will stop doing further interest accruals for the structure.
3. During the reopening of the structure, user should update the relevant account groups for all the accounts and system will resume interest accruals for the structure.

1. On Home screen, click Liquidity Management. Under Liquidity Management, click Structure.
2. Under Structure, click Interest Optimization.
   The Interest Optimization screen displays.

   Note:

   For more information on the screen, refer to the Interest Optimization section.
3. Click on the Interest Optimization widget, click Close to close the interest optimization.
   Perform the anyone of the following actions in the popup screen:
   1. Click Proceed to close the interest optimization.
   2. Click View to view the interest optimization summary.
4. Click Proceed to close the interest optimization.
   The Close popup screen displays.

   Figure 3-3 Close popup

   Description of "Figure 3-3 Close popup"
   1. Click Confirm to confirm the interest optimization closure.
   2. Click Cancel to discard the interest optimization closure.

Parent topic: Interest Optimization