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Posted to dev@fineract.apache.org by "Zayyad A. Said" <za...@intrasofttechnologies.com> on 2016/06/19 05:22:43 UTC
Savings No Activity Fee
Hello Devs,
What is the relevance of this charge? Its appearing on Savings and Deposit
charges in 16.05.1.
Kindly advise.
Regards;
*******
Zayyad A. Said | Chairman & C.E.O
Cell No.: +254 716 615274 | Skype: zsaid2011
Email: <ma...@intrasofttechnologies.com>
zayyad@intrasofttechnologies.com
Email banner
Re: Savings No Activity Fee
Posted by Shreyaank Byadagi <sh...@confluxtechnologies.com>.
Hi Zayyad,
"Savings No Activity Fee" is charge applied on saving accounts that are
inactive status. And the saving account inactive status and dormancy can be
defined at saving product definition.
Regards
Shreyaank
On Sun, Jun 19, 2016 at 10:52 AM, Zayyad A. Said <
zayyad@intrasofttechnologies.com> wrote:
> Hello Devs,
>
>
>
> What is the relevance of this charge? Its appearing on Savings and Deposit
> charges in 16.05.1.
>
>
>
> Kindly advise.
>
>
>
> Regards;
>
>
>
>
>
> *********
>
> *Zayyad A. Said | Chairman & C.E.O*
>
>
>
> Cell No.: +254 716 615274 | Skype: *zsaid2011*
>
> Email: zayyad@intrasofttechnologies.com
>
>
>
> [image: Email banner]
>
>
>
--
Thanks and Regards
Shreyaank
E-mail:shreyaank@confluxtechnologies.com
Re: [Mifos-developer] Savings No Activity Fee
Posted by Nayan Ambali <na...@gmail.com>.
Zayyad,
Assume there is a saving account X and has balance of 1000USD and this
account is not operated from last 40years then what bank supposed to do
with this balance?
http://www.allbankingsolutions.com/Banking-Tutor/Dormant-Inoperative-Accounts-Unclaimed-deposits.htm
Can Bank charge for account remaining as dormant?
Yes, bank can charge as per the schedule of charges declared by the bank.
Thanks
Nayan Ambali
On Mon, Jun 20, 2016, 10:02 PM Zayyad A. Said <
zayyad@intrasofttechnologies.com> wrote:
> Thanks Shreyaank.
>
>
>
> I however find it not logical, why would one want to charge an inactive
> account and may be offset it to zero or the accounts get overdrawn?
>
>
>
> Anyway if it was a feature requested by users, then it may be relevant to
> them.
>
>
>
> No harm to have it.
>
>
>
> Regards;
>
>
>
>
>
> *********
>
> *Zayyad A. Said | Chairman & C.E.O*
>
>
>
> Cell No.: +254 716 615274 | Skype: *zsaid2011*
>
> Email: zayyad@intrasofttechnologies.com
>
>
>
> [image: Email banner]
>
>
>
> *From:* Shreyank Byadagi [mailto:shrunk7byadagi@gmail.com]
> *Sent:* 20 June 2016 15:23
> *To:* Mifos software development
> *Cc:* dev@fineract.incubator.apache.org
> *Subject:* Re: [Mifos-developer] Savings No Activity Fee
>
>
>
> Hi Zayyad,
>
>
>
> "Savings No Activity Fee" is charge applied on saving accounts that are
> inactive status. And the saving account inactive status and dormancy can be
> defined at saving product definition.
>
>
>
> Regards
>
> Shreyaank
>
>
>
> On Sun, Jun 19, 2016 at 10:52 AM, Zayyad A. Said <
> zayyad@intrasofttechnologies.com> wrote:
>
> Hello Devs,
>
>
>
> What is the relevance of this charge? Its appearing on Savings and Deposit
> charges in 16.05.1.
>
>
>
> Kindly advise.
>
>
>
> Regards;
>
>
>
>
>
> *********
>
> *Zayyad A. Said | Chairman & C.E.O*
>
>
>
> Cell No.: +254 716 615274 | Skype: *zsaid2011*
>
> Email: zayyad@intrasofttechnologies.com
>
>
>
> [image: Email banner]
>
>
>
>
>
> ------------------------------------------------------------------------------
> What NetFlow Analyzer can do for you? Monitors network bandwidth and
> traffic
> patterns at an interface-level. Reveals which users, apps, and protocols
> are
> consuming the most bandwidth. Provides multi-vendor support for NetFlow,
> J-Flow, sFlow and other flows. Make informed decisions using capacity
> planning
> reports. http://sdm.link/zohomanageengine
> Mifos-developer mailing list
> mifos-developer@lists.sourceforge.net
> Unsubscribe or change settings at:
> https://lists.sourceforge.net/lists/listinfo/mifos-developer
>
>
>
RE: [Mifos-developer] Savings No Activity Fee
Posted by "Zayyad A. Said" <za...@intrasofttechnologies.com>.
Thanks Shreyaank.
I however find it not logical, why would one want to charge an inactive account and may be offset it to zero or the accounts get overdrawn?
Anyway if it was a feature requested by users, then it may be relevant to them.
No harm to have it.
Regards;
*******
Zayyad A. Said | Chairman & C.E.O
Cell No.: +254 716 615274 | Skype: zsaid2011
Email: zayyad@intrasofttechnologies.com
Email banner
From: Shreyank Byadagi [mailto:shrunk7byadagi@gmail.com]
Sent: 20 June 2016 15:23
To: Mifos software development
Cc: dev@fineract.incubator.apache.org
Subject: Re: [Mifos-developer] Savings No Activity Fee
Hi Zayyad,
"Savings No Activity Fee" is charge applied on saving accounts that are inactive status. And the saving account inactive status and dormancy can be defined at saving product definition.
Regards
Shreyaank
On Sun, Jun 19, 2016 at 10:52 AM, Zayyad A. Said <za...@intrasofttechnologies.com> wrote:
Hello Devs,
What is the relevance of this charge? Its appearing on Savings and Deposit charges in 16.05.1.
Kindly advise.
Regards;
*******
Zayyad A. Said | Chairman & C.E.O
Cell No.: +254 716 615274 | Skype: zsaid2011
Email: zayyad@intrasofttechnologies.com
Email banner
------------------------------------------------------------------------------
What NetFlow Analyzer can do for you? Monitors network bandwidth and traffic
patterns at an interface-level. Reveals which users, apps, and protocols are
consuming the most bandwidth. Provides multi-vendor support for NetFlow,
J-Flow, sFlow and other flows. Make informed decisions using capacity planning
reports. http://sdm.link/zohomanageengine
Mifos-developer mailing list
mifos-developer@lists.sourceforge.net
Unsubscribe or change settings at:
https://lists.sourceforge.net/lists/listinfo/mifos-developer
Re: [Mifos-developer] Savings No Activity Fee
Posted by Shreyank Byadagi <sh...@gmail.com>.
Hi Zayyad,
"Savings No Activity Fee" is charge applied on saving accounts that are
inactive status. And the saving account inactive status and dormancy can be
defined at saving product definition.
Regards
Shreyaank
On Sun, Jun 19, 2016 at 10:52 AM, Zayyad A. Said <
zayyad@intrasofttechnologies.com> wrote:
> Hello Devs,
>
>
>
> What is the relevance of this charge? Its appearing on Savings and Deposit
> charges in 16.05.1.
>
>
>
> Kindly advise.
>
>
>
> Regards;
>
>
>
>
>
> *********
>
> *Zayyad A. Said | Chairman & C.E.O*
>
>
>
> Cell No.: +254 716 615274 | Skype: *zsaid2011*
>
> Email: zayyad@intrasofttechnologies.com
>
>
>
> [image: Email banner]
>
>
>
>
> ------------------------------------------------------------------------------
> What NetFlow Analyzer can do for you? Monitors network bandwidth and
> traffic
> patterns at an interface-level. Reveals which users, apps, and protocols
> are
> consuming the most bandwidth. Provides multi-vendor support for NetFlow,
> J-Flow, sFlow and other flows. Make informed decisions using capacity
> planning
> reports. http://sdm.link/zohomanageengine
> Mifos-developer mailing list
> mifos-developer@lists.sourceforge.net
> Unsubscribe or change settings at:
> https://lists.sourceforge.net/lists/listinfo/mifos-developer
>