C1-THRSHDAMT

This algorithm works when the individual Membership Status is Pending Effectuation and status reason is Awaiting Binder Payment (configurable on field mapping).

• If Binder Applicability is not available at the membership level, it invokes Business Rule service to fetch Binder Payment Business Rule.

• If Binder Payment Business Rule is not available, then it updates membership status reason as per configured value and creates a TO DO.

• If the Binder Applicability switch is 'Y', it calculates the binder payment threshold amount based on the binder liability amount and the binder payment threshold percentage.

• It also holds / releases the billable charges based on the 'Hold billing' configuration.