Manage Interest
Banks can pay an interest to the customers on credit balances held in their accounts. Credit interest or debit interest can be changed in the account at any time during the entire life cycle of the account.
Update Interest
PUTUpdate the interest conditions of the account such as interest rate, tier details, margin amount etc.
-
Retrieves the interest details of an account such as interest rate , interest type and interest amount
-
Retrieve the past period's interest accruals
-
Retrieves the interest accrued for the current period of an account
-
Retrieves the interest accruals of the previous year
Stop Payment
Stop payment is a service that allows a customer to stop payment on a check that they have made, typically if the check has been lost, stolen, or if there is an issue with the payment.
-
Initiate a stop cheque request for an account
-
Update an existing stop cheque request for an account
-
Retrieves the list of Payment Stop requests details such Cheque nos, Amount range, Beneficiary, Period and Charge details available for a specific account
-
Retrieves the list of Payment Stop requests available in the system with details such as Account Reference, Cheque nos, Amount range, Beneficiary, Period and Charge details