Message type: E = Error
Message class: FVD_REPAY - Messages for Payoff
Message number: 323
Message text: A payoff stop (&2) exists for loan &1
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FVD_REPAY323
- A payoff stop (&2) exists for loan &1 ?The SAP error message FVD_REPAY323 indicates that there is a payoff stop for a specific loan. This means that the system has identified a restriction or condition that prevents the loan from being paid off at this time. The error message typically includes the loan number (&1) and the payoff stop identifier (&2).
Cause: The error can occur due to several reasons, including but not limited to: Existing Payoff Stop: There is a defined payoff stop for the loan, which could be due to contractual obligations, regulatory requirements, or internal policies. Pending Transactions: There may be pending transactions or processes that need to be completed before the loan can be paid off.
Configuration Issues: The system configuration may have specific rules or conditions that trigger a payoff stop for certain loans.
Solution: To resolve this error, you can take the following steps: Check Payoff Stops: Review the payoff stop details associated with the loan. You can do this
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