Personal deposits

Personal deposits

Personal deposits module provides complete support of various types of personal deposits, such as time deposits, call deposits, savings accounts etc. Setting up various products with different conditions, commissions and interest rates is possible. Module features include:

• Possibility to specify different interest rates depending on currency, term and amount;
• Possibility of automatic prolongation on maturity or switching to call deposit with different interest rate;
• Fines for early withdrawal;
• Check for minimum balance;
• Automatic income tax calculation and withholding;
• Automatic account opening and transaction posting;
• All necessary paperwork generation and others.