Mambu Banking Engine

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

2 Vote

Option to calculate withholding tax if the daily interest accrued/paid is equal to or greater than a threshold

What: Currently Mambu calculates the withholding tax based only on the total amount of interest income that was accrued and paid to the client. However, Colombian’s regulation demands that the withholding tax should be calculated and applied, only...

Created 28 Oct 04:20pm by Alejandra Bennett

Deposits / Deposits

0
1 Vote

Ability to block and unblock funds via the Mambu UI

What?Currently the blocking and unblocking of funds against a deposit account is only available via API. Would like to request the ability to apply a block and unblock funds via the UI for a deposit account.Why?Required so that internal users can ...

Created 22 Oct 07:39am by Yun Wang

Deposits

0
1 Vote

Option to pay interest accrued to another account

What?Ability to select an alternative account to pay interest earned on a deposit account, i.e. interest earned on account A to be paid into account B.Why?Common feature for corporate accounts to have the ability to pay interest earned on one acco...

Created 22 Oct 07:30am by Yun Wang

Deposits

0
1 Vote

Generate SWIFT MT940 Account Statement Messages

What?The SWIFT MT940 Customer Statement Message is an end-of-day report used to transmit detailed information of all booked entries to an account.Why?The SWIFT MT940 Customer Statement Message is a standardised format for transmitting Customer Dat...

Created 22 Oct 04:24am by Yun Wang

Deposits

0
1 Vote

Overdraft Penalties

What: Add penalty parameters and functionality in overdrafts as available on lending products Why: Charging additional penalty interest on overdrafts in arrears (and log it separately in accounting) is a common use case that Mambu doesn't cover

Created 13 Oct 04:23pm by Rodrigo Ocampo Uribe

Deposits / Deposits

0
2 Vote

Parent account or arrangement to group deposit accounts

What:Currently it is not possible to create parent-child hierarchies at a deposit account level within Mambu. We need the ability to create a parent account or arrangement which allows the customer to link multiple deposit accounts (sub accounts) ...

Created 23 Sep 06:39am by Yun Wang

Deposits

0
3 Vote

Add Encoded key placeholder to the webhook communication templates for Deposit product events

What:Add Encoded Key placeholder to the webhook template for the Deposit account transaction related eventsWhy:Encoded keys are the only unique key that identifies an object in Mambu. Having this available for web hook notifications, would allow t...

Created 21 Aug 03:02pm by Alyona Gorlushko

Deposits / Notifications / Deposits

0
1 Vote

Transferring Deposit Account Ownership

What: Allow changing the account holder of Fixed Term Deposit accounts, to model sales of such financial instruments in the market to 3rd parties.Why: Term deposit investments can be financial instruments that can typically be sold in the stock ma...

Created 5 Oct 07:53pm by Rodrigo Ocampo Uribe

Deposits / Deposits

0
1 Vote

Overdraft Term for Arrears

What: Functionality to define the number of days that an account can be in Overdraft before being considered in arrears, regardless of the Overdraft expiry date parameter. Eg. an account allowing ODs can only be 30 days with an OD balance before b...

Created 5 Oct 06:58pm by Rodrigo Ocampo Uribe

Deposits

0
1 Vote

Overdraft interest grace period

What: Capability to define X days of no interest accrual when an account goes into overdraft. Why: Product offerings for commercial current accounts can have such definitions, which are cumbersome or not possible to orchestrate via API (eg. when u...

Created 5 Oct 05:58pm by Rodrigo Ocampo Uribe

Deposits / Deposits

0