Ideas for the Mambu Banking Engine

Prevent withdrawals on deposit accounts

Currently if a deposit account is locked in Mambu, it will not allow for any transactions and won't charge or collect interest for the time it remains locked. The idea is to have a separate function to block and not allow withdrawals from a given deposit account (without locking the deposit account, i.e. automatic interest and fees continue being accrued/applied and additional deposits being allowed to come through, where the product allows for this). 

An equivalent to this idea would be to allow setting a max amount of withdrawal to zero temporarily on a deposit account. 

  • Dorota Nosal
  • Jan 12 2015
  • Attach files