BankingTermDepositAccount maturityInstructions value for multiple instructions

Question

The knowledge base article maturityInstructions does not cover circumstances where the customer has provided multiple instructions. For example, a customer can request that 50% of the term deposit is paid out at maturity, with the remaining 50% of the term deposit rolled over.

Is it appropriate to use the maturityInstructions value ROLLED-OVER, where the customer has elected to roll over either the entire principal and interest, or a partial amount?

Is an additional option required in the maturityInstructions enumeration?

Answer

In this circumstance the correct enumeration value is debatable, but ROLLED_OVER seems most logical.

An additional value could be warranted. If you believe this to be the case, and have a recommendation for the new value, we would welcome a change request in the maintenance repository.

See:

• Creating a Change Request