SM-2260 - Handle OD overdue penalty fee Done
Epic: SM-961 - Repay an overdraft after 60 days Done
Priority: as per Jira
Effort estimate: as per Jira
Review status: ready to review
Role: system
Objective: Update the outstanding IR on a daily bases
Reason: the customer will pay the right amount of IR
Functional requirements:
The IR is calculated on a daily basis and posted against the main account on a daily basis
The IR is calculated and applied at 0:00 every day
pls see the technical documentation here Loans Technical documentation
UI requirements:
n/a
Process flow:
#4 workflow, the negative path of not being able to repay debt on 2nd due date Overdraft Technical documentation
Execution steps: pls see the technical documentation here Loans Technical documentation
Internal dependencies:
n/a
External dependencies:
n/a
Alternative scenarios:
n/a
Acceptance criteria:
The IR is posted against the main account just as any other delayed payment.
Links to wireframes/UI: n/a