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Spread Payment Options

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Spread Payment Options

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The following institution options are available when posting spread payments:

 

OP01 BKPM        Bankruptcy (Hold Code 4 and 5)

 Allows a principal decrease (tran code 510/518)

 Allows a principal increase (tran code 500/508)

 Allows a payoff (tran code 580)

 Allows a loan payment (including automatic payments) (tran code 600/608)

 Allows a spread payment (tran code 690/698)

 Allows payment of late charges (tran code 550/558)

 Allows waiving of late charges (tran code 570/578)

 Allows VSI Add (tran code 870/878)

 Allows VSI Cancel (tran code 890/898)

 Allows assessing of miscellaneous fees (tran code 660/668)

 Allows a payment of miscellaneous fees (tran code 850/858)

 Allows waiving of miscellaneous fees (tran code 670/678)

 Allows a partial payment (tran code 510/508 to field 33)

 

Institution option BKPM allows loans with a bankruptcy Hold Code 4 or 5 to be posted without a teller override.

 

OP02 APCO        Charge-offs (Hold Code 2)

 Allows a loan payment (including auto payments) (tran code 600/608)

 Allows a spread payment (tran code 690/698)

 Allows payment of late charges (tran code 550/558)

 Allows waiving of late charges (tran code 570/578)

 Allows VSI Add (tran code 870/878)

 Allows VSI Cancel (tran code 890/898)

 Allows assessing of miscellaneous fees (tran code 660/668)

 Allows a payment of miscellaneous fees (tran code 850/858)

 Allows waiving of miscellaneous fees (tran code 670/678)

 

 

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