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Object documentationCondition Category 115070 - Early Withdrawal Penalty

 

You use this predefined condition category to map an early withdrawal penalty.

 

You use this condition category if, the customer makes an early withdrawal from a time deposit. This means that a penalty charge is due to the bank. The penalty can be a charge, an interest rate, or a combination of both. It is not linked directly to credit interest. The savings capital can be debited.

Note Note

Note the difference to Condition Category 105040 - Interest Penalty.

End of the note.

Integration

The following amount categories are allowed for this condition category:

Conditions of this condition category are calculated using the Cash Flow Calculator.

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Condition Category