LIAALL - Liability

Overriding the condition defaulting

The rule “SetFecForNewCom”, which is located at Level 5, allows condition details like the calculation method or the interest rate to be overridden prior to the defaulting of the fee. This happens, for example, with the condition details of a different fee in the contract. When using this rule, specific values only need to be used once in a contract, and based on this instance they can then be copied to other fees, rather than having to be entered manually for each fee.

This method is useful for contract-specific conditions, for example, where fees for deferred payment are to be calculated the same way as guarantee fees.