Ideas for the Mambu Banking Engine

Payment Due fees definable at account level

What: allow setting up Payment Due fees (all types) at Product level with amounts left blank (not predefined), so that it can be specified for each account, at account creation (could be added to the "Disbursement Details" and should editable until account is Approved).  

Why: Many organizations are charging transaction fees (with each repayment due) calculated based on a custom formula that can't be replicated in Mambu (for example, the monthly fee amount will depend on the loan term - 6$ if loan is under 12 months, 7$ if loan is over 12 months).
  • Dorota Nosal
  • Apr 4 2016
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