3.1 Relationship Pricing for Interest

This topic describes the systematic instruction on relationship pricing for Interest.

The interest call-form in Money Market Contract Input screen is enhanced to display the external pricing component and the system pick up the rate from FCUBS for RP.

1. On the Home page, enter MMDTRONL in the text box, and then click the next arrow.

   Money Market Contract Input screen is displayed.

   Figure 3-1 Money Market Contract Input

   
   Description of "Figure 3-1 Money Market Contract Input"
2. On the Money Market Contract Input screen, click the Interest tab to display the external pricing component details.
   The ICCF screen is displayed.

   Figure 3-2 ICCF

   
   Description of "Figure 3-2 ICCF"

   • If the user enables External Pricing for the interest component, the system picks up the rate or variance based on the benefit plans and the schemes.
   • The system allows the user to modify the RP defaulted interest rate through VAMI.
   • On performing a Rollover, the system must default the RP interest rate, charges, exchange rate for the rolled over amount of child contract.
   • When an RP interest rate has defaulted at the deal and the user tries to modify the interest rate at VAMI, the system must allow the user to modify it with an override message “Interest Rate is changed for contract having Relationship Pricing customer”.