Epic:
SM-960
-
Repay an overdraft before 60th day
Done
Priority: as per Jira
Effort estimate: as per Jira
Review status: ready to review
Role: system
Objective: Automatically deduct outstanding principal on due date from client’s main account
Reason: client doesn’t forget to repay the loan
Functional requirements: pls see the technical documentation here Loans Technical documentation
UI requirements:
n/a
Process flow:
as per #3 and #4 workflows : Overdraft Technical documentation
Deducting the fixed fee if customer doesn’t have enough balance to cover the loan is discussed here:
Execution steps: pls see the technical documentation here Loans Technical documentation
Internal dependencies:
Intrabank transaction available, from clients' accounts to bank’s technical account
External dependencies:
n/a
Alternative scenarios:
BO to manually withdraw money from clients' main accounts
Acceptance criteria:
If available, total outstanding OD loan is deducted from client’s main account at the 30th day
If available, total outstanding OD loan is deducted from client’s main account at the 60th day
Fixed fee should be already deducted when there’s incoming money to the main account
Client is notified that loan was deducted successfully and so closed
Links to wireframes/UI: https://www.figma.com/file/0LEEFZgkUnPkPTkY9PMREt/SaFi---WF-%26-UI-(Shared)