Ideas for the Mambu Banking Engine

Risk Levels & Provisioning for Overdrafts in Arrears

What: support managing Overdraft accounts that are in “In Arrears” status by:
  • Calculating and displaying “Days In Arrears” for these accounts in the same way it’s done for loans (for Overdrafts, arrears would be calculated from the “Overdraft Expiry Date”)
  • Attaching a “Risk Level” to the accounts that are in arrears (based on “Days In Arrears”)
  • Adding these accounts to the Risk Report (and calculating a suggested provision amount based on the applicable Risk Level).  
Why: Overdrafts are technically loan accounts and when in arrears, they also need to be actioned and provisioned, exactly like loans.
  • Rodica Levitchi
  • Mar 23 2016
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