Mambu Banking Engine

Ideas aimed to improve the current experience provided by the Mambu Banking Engine.

VAT on the instalment amount

What: Ability to charge VAT on the instalment amount. VAT would be calculated as exclusive of instalment amount: Total payment = instalment + (VAT% x instalment). Ability to change VAT rate over time
Why: This is a regulatory requirement in some countries and generally required for asset finance products.

  • Gerard Loedolff
  • Jan 11 2021
  • Attach files