Interest Accruals
Interest accrual is the accumulation of interest on funds that are deposited into an interest-bearing account over a period. It can occur daily, monthly, quarterly, or annually depending on the account terms. The below service operations are used to retrieve the interest accrued for various time frames.
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Retrieve the accrued interest details of virtual accounts for the current period.
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Retrieve the interest details of virtual accounts for the previous period.
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Retrieve the total interest details of virtual accounts.
Update Drawing Details
Drawing conditions are initiated to restrict customers, currency, and products for drawdown with overrides. It is set based on the product line, product group, product, property, currency, attribute, value, and message for drawdown under facility level.
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Drawing condition are set based on the product line, product group, product, property, currency, attribute, value, message for drawdown under facility level.
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Drawing rules such as borrower, currency, product and product group are defned for drawdown under facility level.