Interest Calculation and Payment

This subsystem is designed to calculate interest rates and bank fees in real time. It allows the user to automate calculation of interest rates and fees for all major banking services such as loans/deposits, overdrafts, payments, currency exchange, cash management, etc.

Functions

• Automated calculation and payment of interest
• Automated generation of relevant entries

Main Features

• Automated real time calculation of interest rates and fees
• Adjustable fees calculation procedures
• Possibility to correct schedule of fees depending on transaction type, sum and
currency of transaction, client category, etc.
• Automated generation of transactions on the basis of calculations in general
ledger