<< Click to Display Table of Contents >> Navigation:  Regulation E Back Office > Regulation E > Reg E Setup > Events > Interest Refund

The Interest Refund event provides the ability to have the system calculate an Interest Refund amount from the Notification Date to the current date. Interest is calculated on the accounts current rate and can be either computed as simple interest or compounding.

 

 

Use of the events triggers the Interest Refund calculation dialog. For an detailed example see Sample Events / Interest Refund.