Loan Statement Extract

This custom batch application will process the extract file (MM_STMXT.TXT) generated by the core application MM_STMXT.SQT.

This custom application will modify the statement extract record 4000 and include the contractual payment amount in effect for the account in the absence of any active receivables in the payment sequence for the account.

When receivables exist, they will still take precedence for statement notification.

This custom application will also modify the statement extract record 0001 and replace the native Member Number assigned to an Organization and replace it with the more familiar pseudo-Organization Member number assigned to enable Online Banking for the Organization.

The statement extract record 0001 record can also be modified to mask the SSN number with the standard DNA Mask.

Benefits

This DNAapp can make any of the following adjustment to the Statement file produced by MM_STMXT:

• Modify the statement extract record 4000 and include the contractual payment amount in effect for the account in the absence of any active receivables in the payment sequence for the account.
• Modify the statement extract record 0001 and replace the native Member Number assigned to an Organization and replace it with the more familiar pseudo-Organization Member number assigned to enable Online Banking for the Organization.  Record 0001 record can also be modified to mask the SSN number with the standard DNA Mask.