Payment Schedule
A payment schedule is the agreed-upon timeline and frequency for making payments on a loan or credit account. The payment schedule specifies when the payments are due, the amount due, and the total number of payments required to pay off the account.
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Update the payment schedule condition such as payment method from capitalise to pay, payment frequency from monthly to quarterly etc., on an account
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Retrieves the payment schedule of an arrangement account
Create Deposits
Deposit accounts allow the customers to create fixed bonds. These bonds are characterized by a fixed interest rate or coupon rate that remains constant throughout the life of the bond.
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Creates term deposits and the payload should include customer identifier, customer role, deposit currency, deposit amount and the deposit duration term etc.
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Simulate a deposit arrangement for the given principal amount, term, payment frequency and interest rates