Platform - Operate
Operate savings accounts within the same client and accounting environment.
Savings and financing share one client record and one general ledger, so deposits, withdrawals and transfers are always connected to accounting and KYC.
Savings capabilities
Savings products
ImplementedLock periods and maturity
ConfigurableOpening and maturity handling
ImplementedDeposits
ImplementedWithdrawals with approval controls
ImplementedTransfers
ImplementedChannel fields (cash, bank, cheque, mobile money)
ConfigurableReceipts and statements
ImplementedSavings KYC
ImplementedSavings-to-financing repayment
Implemented
A savings account transaction timeline
| Date | Type | Channel | Amount | Balance |
|---|---|---|---|---|
| 12 Feb | Deposit | Mobile money | +$250 | $1,450 |
| 03 Feb | Withdrawal | Cash | -$100 | $1,200 |
| 28 Jan | Transfer in | Internal | +$300 | $1,300 |
| 15 Jan | Deposit | Bank | +$1,000 | $1,000 |