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Posted to issues@fineract.apache.org by "Thomas Kerin (Jira)" <ji...@apache.org> on 2021/12/30 15:23:00 UTC

[jira] [Created] (FINERACT-1463) Should not permit transfers between accounts of a different currency

Thomas Kerin created FINERACT-1463:
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             Summary: Should not permit transfers between accounts of a different currency
                 Key: FINERACT-1463
                 URL: https://issues.apache.org/jira/browse/FINERACT-1463
             Project: Apache Fineract
          Issue Type: Improvement
          Components: Accounting
    Affects Versions: 1.5.0
            Reporter: Thomas Kerin


In one scenario I created two savings products, each denominated in a different currency (say, EUR + USD) Then I created two users, one having an account in one currency, the other has the different currency.

I was able to set the other user up as a beneficiary and transfer 1.00 EUR from the EUR Savings Product into the USD Savings Product.

I raised this on the ML first and it was suggested to open an issue.

Bharath suggested and I certainly agree that we should add an option to disable such transactions where the currency differs between accounts. This would prevent the issue until there is a Currency Exchange rate service & FX capabilities built into Fineract



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