Sweep
Sweeps are a movement of funds from one virtual account to another targeting to maintain the defined minimum or maximum amount of account balances. You can set up balance sweeps among virtual accounts that are part of the same structure and currency. You can also perform sweeps among accounts in a cash pool group.
-
Retrieve the processed sweeps.
-
Retrieves sweep with rules which will be checked against to see if a transfer of funds needs to be made from one account to another.
-
Retrieves the cashpool group details of the virtual accounts.
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.
-
Creates term deposits and the payload should include customer identifier, customer role, deposit currency, deposit amount and the deposit duration term etc.
-
Simulate a deposit arrangement for the given principal amount, term, payment frequency and interest rates