Creating a Deposit Account
Every deposit account you create in Mambu is an instance of a deposit product that has been created before. So, the terms that were set for the...
Every deposit account you create in Mambu is an instance of a deposit product that has been created before. So, the terms that were set for the...
Accounts with profit-sharing capabilities are created in the same way as interest-based accounts. For more information on creating an account, refer...
A Profit-Sharing Accounts is created in two places.
Deleting a deposit account removes it permanently. Except when created by mistake, we recommend that you close deposit accounts, not delete them.
Each new deposit account has a life cycle consisting of the following states:
Balance information can be retrieved from a deposit account via API v2 by using the [Deposit Accounts - getById](/api/api-v2/deposits/get-by-id)...
In this article we discuss how we calculate the deposit interest, overdraft interest, and how we manage days in a year.
A *settlement deposit account* allows you to have a deposit account that is automatically used as a source for loan repayments. On the day a...
Mambu allows you to lock and unlock deposit accounts to better manage situations where you need to stop applying interest or fees to them.
Mambu supports three types of fees you can set up when creating a deposit product and later apply to deposit accounts, monthly fees, manual fees, and...
To observe Islamic deposit accounts for a particular Islamic product, follow these steps:
Defining a *maximum balance* for deposit accounts allows you to create an account balance limit, above which Mambu will not allow a client to post...
With the *Current accounts*-type deposit product, you have the option to allow overdrafts. If you select this option, the accounts created under this...
Learn about islamic-finance, deposit-accounts, overview in Mambu.
Learn about islamic-finance, deposit-accounts, lifecycle in Mambu.
If a deposit account was closed by mistake or if a client who has been inactive for some time comes back to your organization and wants to use the...
When a deposit account is still *Pending Approval* and the application hasn't fulfilled your organization's requirements, for instance, you can...
If the client or your organization decides to withdraw the request for a deposit account, you can do it only if the account is in the *Pending...