Ideas for the Mambu Banking Engine

Early settlement rebate - to add future interest on the loan pay-off event

What:

Ability to charge future interest from X number of days in the scenario of the loan account pay-off

Why:

In some countries, lenders can calculate "early settlement rebate" e.g. when giving a pay-off quote to the customer, the amount includes future interest calculated based on X number of days

  • Szymon Klapcinski
  • Jan 10 2020
  • Attach files