2.2.3 Applicability
This topic provides the information about the applicability.
- If the Periodic fee definition is already existing on the account, the system will set the run date next of fee as DT_MAX. This implies, recurring fee calculation will be stopped on the account.
- If the periodic fee definition is not available or stopped, the system will define a new fee/restart calculating fee on the account and the system will start charging the recurring fee from the next applicable cycle.
Parent topic: Periodic Maintenance Fee – Start and Stop Transaction