Cycle
Select the frequency that interest is credited to Deposit Accounts.
Interest List
Enter a comma separated list of interest cycle options. The list should be defined in conjunction with the "Limit Interest cycle to List" flag.
Limit Interest cycle to List?
Tick to limit the Interest Cycle selection to the list. This means that if it is ticked and an "interest cycle frequency" has not been entered in the list it cannot be entered elsewhere.
Available Types
Select the startup interest types that are applicable. To not include startup interest select 'Not Applicable'.
| Not Applicable | Startup interest is not applicable and therefore will not be shown for selection in the New Account Wizard. |
| Fixed Rate | Interest is at a Fixed Rate defined on the Account during Fixed Rate periods. |
| Rate Table | To calculate Interest using a Rate Table on a daily basis. A premium can be defined for the account. |
Rate Table
Select the current Rate Table to default to for new Accounts and the interest margin (if applicable).
Period
Select a specific period for the Startup Interest period.
Period List
Enter a comma separated list of startup interest period options. This would be used in conjunction with the "Limit Startup Interest period to List".
Limit Startup Interest period to List?
Tick to limit the Interest Startup period selection to the list, e.g. if this is ticked and the interest startup period is not listed it cannot be entered.
Available Types
Tick the interest types that are applicable.
| Fixed Rate | Interest is at a Fixed Rate defined on the Account during Fixed Rate periods. |
| Rate Table | To calculate Interest using a Rate Table on a daily basis. A premium can be defined for the account. |
Interest Types
Select the interest type to default for new Deposit Account(s).
Interest Rate
Enter the Interest Rate to default to for new Deposit Account(s).
Rate Table
Select the Rate Table to default to for new Deposit Account(s) and the interest margin (if applicable).
Other Type
Select Other Interest Type to be used when calculating interest via a Script.
Other Rate
If using an Other Interest Type, enter the Other Rate.