updateBillingSummary
- Description
- This transaction updates the information of an existing billing summary. In the financial services industry, a billing summary is typically a summary of the payment details for a contract, such as a life insurance policy, or an individual insurance coverage, such as a child protection rider or an additional term rider. In addition, this transaction can be used as a coarse-grained transaction to update a billing summary for a contract/contract component, add one or more billing summary miscellaneous values, or update one or more billing summary miscellaneous values.
- Web Services
- Operation name: updateBillingSummary
- Example
- Update a billing summary.
Update a billing summary to change the payment method or payment source on a life insurance policy, add one or more billing summary miscellaneous values, and update one or more billing summary miscellaneous values.
- Usage information
- When using this transaction as a coarse-grained transaction, the following simple transactions may also apply:
- Preconditions
- Billing summary must exist.
- Mandatory input
- BillingSummaryIdPK
- BillingSummaryLastUpdateDate
- Inquiry levels
- Not applicable
- Filter values
- Not applicable
- Transaction behavior
- When the payment source ID is provided on the billing summary,
it is validated to ensure that the payment source exists.
If both the payment source type and payment source ID are provided on the billing summary, there is no validation completed to ensure that the payment source type is of the same type as the payment source type associated with the payment source ID.
- Request message
- <TCRMTxType> updateBillingSummary
<TCRMTxObject> TCRMBillingSummaryBObj
<TCRMObject> TCRMBillingSummaryBObj
with an optional business object:
- Response objects
- TCRMBillingSummaryBObj
with an optional business object:
- Special note
- Not applicable