Dear experts,
You think it is possible to round the interest rate calculation in nominal interest?
The situation is the following; we got a bank a clause interest rounding by contract.
This means, for example that in the settlement that corresponds to the product (55K Bank loans) for the day 11/06/15 (interest of 11.03 to 11.06 with fixing two days before such date ) plus the differential , ie , 0.22 + 3.5 = 3.72 should be applied by standard, but using the below mentioned clause, it must be rounded to 3.8...and the only way to fix it like that its manually;
Are you aware if we can customize or implement a note to get conditions that allow us to indicate in the operation to make the automatic rate adjustment calculating a rounded interest?
Thanks very much