Clareti Banking
Deposit Functionality: Savings and Chequing
Solutions
Savings and DDA (Demand Deposit Accounting) accounts will always be with us. The evolution of ever more sophisticated investment vehicles has not changed the customer's need for a basic savings and/or transaction account. The Savings/DDA module provides the functionality needed to deliver service to your clients in an effective and low-cost way.
Like all Clareti Banking products, this module generates General Ledger entries on an ongoing basis to support the activities of treasury managers. There is also extensive reporting to support the needs of management, product managers and branch personnel.
Key features include:
Online financial transaction history
Backdating of transactions for as long as 24 months if required
Extensive reporting
Support for non-resident accounts
Automatic generation of charges and fees
Ability to support special packages like seniors' accounts, student accounts, etc.
Many interest calculation options
Full support for the management of overdrafts, including a Line of Credit via overdraft
Automatic interface with our Signature Verification Module
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Easily interfaced to your Home Banking application using Clareti Integration
Deposit Functionality
