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Setting up a new bank interest rates

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Written by Antoine Larsen
Updated over 2 weeks ago

Below are the steps to take when setting up a new interest rate:

  1. Open Interest Maintenance.

  2. Select either Standard Interest Mode or Dynamic Interest Mode.

  3. For Standard Interest Mode select the client bank account required.

  4. Select New at the bottom of the screen.

  5. Put a date in the box.

  6. Then go through the different bands for the values you require and the interest rate value.

  7. Select Save at the bottom.

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