Deposits

The deposit module implements the entire cycle of providing this financial service to a client. Deposit products are registered in the back office. A client chooses a product while submitting a request in their client web-interface. The system automatically filters the existing products according to the parameters specified by the client and show only the ones which best suit their needs.

In case an operator approves the request, the system automatically opens a deposit account and an interest account tied to this client. The interest is accrued automatically according to a specified algorithm. Information on the current status of deposit accounts is available only to the client in their client web-interface.

The early deposit withdrawal possibility is regulated in the deposit product parameters. If such options is available, a client can initiate deposit withdrawal in the appropriate section of the client web-interface.