Ideas for the Mambu Banking Engine

Automatically apply interest accrued at Overdraft write-off

What: When a overdraft receivable is written-off, the interest accrued up to the write-off date shall be first applied to the customer account and then the total balance (including now the due interest) shall be written off as before.

Why: Currently this requires a manual intervention to first apply interest; ideally this interest application should be automated, to avoid oversights and user mistakes. 

  • Rodica Levitchi
  • Oct 5 2016
  • Planned
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