Depositproductinterestsettings
The interest settings, defines constraints regarding interest that will be used on the deposit account based on this product.
Whether locked accounts still collect Interest or not
How many days in a year should be used for interest calculations
Possible values: [ACTUAL_365_FIXED, ACTUAL_360, ACTUAL_ACTUAL_ISDA, E30_360, E30_42_365, BUS_252]
The balance which is used for the Interest calculation
Possible values: [MINIMUM, AVERAGE, END_OF_DAY, MINIMUM_TO_END_OF_DAY, FRENCH_INTEREST_ACCRUAL]
The date when the accounts under this product, will no longer have interest gains provided
1987-04-26The date when the accounts of this product will start to have interest gains provided. Starting with this date 0 interest rate is enforced on the accounts of this product.
1987-04-26If interest should be payed into the deposit account
interestPaymentSettings object
Defines the interest payment settings for the deposit product and for deposits created based on this product
interestPaymentDates object[]
List of all dates on which the interest is payed into deposit account
The day in the month
The month of the year
Specifies when the interest should be paid to the deposit account
Possible values: [FIRST_DAY_OF_MONTH, EVERY_WEEK, EVERY_OTHER_WEEK, EVERY_MONTH, EVERY_3_MONTHS, ON_FIXED_DATES, DAILY, ANNUALLY, BI_ANNUALLY, ON_ACCOUNT_MATURITY]
interestRateSettings object
The interest settings, defines constraints regarding interest that will be used on the deposit created based on this product.
If the product supports this option, specify if the interest should be accrued after the account maturity date
Indicator whether the deposit product allows negative values for interest rate
The encoded key of the interest rate tier, auto generated, unique
Index rate source key.
The interest change frequency method for a loan account. Shows the possible methods for obtaining the balance based on which the interest will be calculated for loan repayment.
Possible values: [ANNUALIZED, EVERY_MONTH, EVERY_FOUR_WEEKS, EVERY_WEEK, EVERY_DAY, EVERY_X_DAYS]
the count of units to apply over the interval
interestRate object
Decimal constraints, like min/max/default.
The default value, will be used in case no other value was filled in by the user.
The maximum value.
The minimum value.
Interest rate review frequency unit count
The interest rate review unit values. Shows how often is index interest rate reviewed.
Possible values: [DAYS, WEEKS, MONTHS]
The interest rate review unit values. Shows how often is index interest rate reviewed.
Possible values: [FIXED_INTEREST_RATE, INDEX_INTEREST_RATE]
The option for how is the interest rate determined when being accrued for an account
Possible values: [FIXED, TIERED, TIERED_PERIOD, TIERED_BAND]
interestRateTiers object[]
The list of interest rate tiers available for the current settings instance
The encoded key of the interest rate tier, auto generated, unique
The top-limit value for the account balance in order to determine if this tier is used or not
The top-limit value for the account period since activation in order to determine if this tier is used or not
The rate used for computing the interest for an account which has the balance less than the ending balance
The maximum balance used for Interest calculation
{
"collectInterestWhenLocked": true,
"daysInYear": "ACTUAL_365_FIXED",
"interestCalculationBalance": "MINIMUM",
"interestGainsProvidedEndDate": "1987-04-26",
"interestGainsProvidedStartDate": "1987-04-26",
"interestPaidIntoAccount": true,
"interestPaymentSettings": {
"interestPaymentDates": [
{
"day": 0,
"month": 0
}
],
"interestPaymentPoint": "FIRST_DAY_OF_MONTH"
},
"interestRateSettings": {
"accrueInterestAfterMaturity": true,
"allowNegativeInterestRate": true,
"encodedKey": "string",
"indexSourceKey": "string",
"interestChargeFrequency": "ANNUALIZED",
"interestChargeFrequencyCount": 0,
"interestRate": {
"defaultValue": 0,
"maxValue": 0,
"minValue": 0
},
"interestRateReviewCount": 0,
"interestRateReviewUnit": "DAYS",
"interestRateSource": "FIXED_INTEREST_RATE",
"interestRateTerms": "FIXED",
"interestRateTiers": [
{
"encodedKey": "string",
"endingBalance": 0,
"endingDay": 0,
"interestRate": 0
}
]
},
"maximumBalance": 0
}