Ideas for the Mambu Banking Engine

6 VOTE

Allow setting, changing and backdating the credit interest rate / interest rate source / margin/spread on active deposit accounts.

Allow setting, changing and backdating the credit interest rate / interest rate source / margin/spread on active deposit accounts.Relates to https://mambu.aha.io/features/APP-621

Created 12 months ago by Sascha Dannroth

Deposits / Deposits

0 Planned
3 VOTE

Max withdrawal amount for specific transaction channels available for deposit account

What: At the account level, allow adding a max withdrawal amount for a specific transaction channel available for the account.Why: Currently, it’s possible to add limited availability for transaction channels, however this will be applied to all t...

Created 3 months ago by Ancuta Covaci

Deposits / Deposits

0
3 VOTE

Negative index interest rates on deposits

What: Allow for the index rates on deposit to be negative. Why: A negative interest can be charged on a deposit account, i.e. instead of receiving money on deposits, depositors must pay regularly to keep their money with the bank. It's applicabl...

Created 11 months ago by Dorota Nosal

Deposits / Deposits

0
2 VOTE

Debit, Credit and Total Account Locks

What?At the moment Mambu only supports a total account lock, that prevents all transactions on an account and suspends application of interest.Create a functionality that disallows debit, credit or all transactions on an account until the lock is ...

Created 12 months ago by Sascha Dannroth

Deposits / Deposits

0 Planned
2 VOTE

Ability to calculate tiered interest by bands for credit interest

Currently, Mambu only offers calculating tiered credit interest by levels. For example: 0-$1,000 -> 5% $1,001 - $5,000 -> 10% If the balance on the account is $1,500, interest is calculated as 10% of $1,500. Banks often tier interest by...

Created 12 months ago by Sascha Dannroth

Deposits / Deposits

0
1 VOTE

Product amendment with backdated financial changes impact

WhatAt Product level, once a global change needs to be performed, it might have a financial impact (interest change in my example). The scope of these changes should be defined, only one as been requested so far.WHYIn the example of a global inter...

Created 2 months ago by Tania Perroud

Deposits / Deposits

0
1 VOTE

Add WHT Source information to Transaction Information for Journal Entries

What?Similar to Tax Rate (Transaction), add Tax Rate Source (Transaction) to Journal Entries.Why?In Australia, WHT collected needs to be separated by tax-resident and tax-foreigners, ideally GL accounts. If separate Tax Rate Sources were setup for...

Created 3 months ago by Sascha Dannroth

Deposits / Deposits / Accounting

0
1 VOTE

Ability to Indicate Deposit Account ID in the UI

What: Allow for deposit account ID assignment/modification in Mambu UI (the same way it is possible for client ID) Why: This is possible via API and we need this capacity via UI as well, in cases when the API process fails and the account needs to...

Created 3 months ago by Suzana Dejkanovic

Deposits / Deposits

0
1 VOTE

Option to not charge overdraft interest if end of day balance is >=0

WhatAn option to not charge overdraft interest if the end-of-day balance is greater than or equal to 0, even if a different balance is used for the calculation itself (e.g. minimum daily balance).WhyThe current behaviour is that the minimum balanc...

Created 3 months ago by James Anderson

Deposits / Deposits

0
1 VOTE

A possibility to process transactions in a different currency than the deposit account currency

What: A possibility to process transactions in a different currency than the deposit account currency. This should be available for the following transaction types: deposit (buy FX rate should apply)withdrawal (sell FX rate should apply)transfer (...

Created 3 months ago by Dorota Nosal

Deposits / Deposits

0