Ideas for the Mambu Banking Engine

Backdating Transfer transactions

What:
Currently in Mambu one can backdate Withdrawals, Deposits and Repayment Transactions, but not Transfers.

Why:

Transfers are extensively used for different business cases (payment of loan from savings account, transfers between clients’ deposit accounts etc.) - therefore, it should be possible to backdate them, so that organizations which process their transactions with a slight delay of 1 or 2 days can do so.

  • Theodoros Bourliaskos
  • Mar 17 2015
  • Planned
  • Attach files
  • Kelly Jaques commented
    9 Jun, 2017 10:33am

    We would also need to be able to track the date we made the backdated transaction. Like a credit card statement showing the Transaction date and the Date. 

  • Samit Sundaresan commented
    30 Jan, 2017 03:55pm

    We have found use cases where we need to backdate the funding of a Fixed Deposit through a transfer from deposit account but it is currently not possible. Please can the scope include transfers from deposit accounts to loans as well as fixed deposit accounts.

  • Richard Axelsson commented
    12 Sep, 2016 09:45am

    Commonly used after end of month to make payment at end of month from savings to loan