In the Basic Data section the Term End Without Notice is displayed.

You enter the due date for the payoff in the Due on field.

If you choose the Check function for the due date, the system determines whether the payment date for the payoff is a working day for the bank. If necessary, it asks whether you want to shift the payment date for the payoff to the previous or next working day.

Enter a reason for the notice of cancellation, if necessary.

In the Notice Overview section, the system displays the net and gross payoff amounts.

In the CLI Recalculation section, the system recalculates the credit life insurance policy for the loan. If you set the Copy indicator, the system generates and posts the recalculation of the credit life insurance within the business operation as a CLI extra charge or CLI reimbursement.

In the Notice Prerequisites section you see the arrears as a percentage, the term of the loan, and the dates of the last dunning notices.