Savings Accounts Management

Savings Accounts Management

The "Savings" account or rewarding type of account, is used as a deposit account to mature periodical interest or gains. The matured interest or gains can be transferred as Credits to wallet accounts. These accounts can be defined to specific customer types and currencies, allowing product specialization or market segments specific offerings.

The following data sets are related to the Savings Accounts and the related functions to manage them. The data sets are specialized by the type of main classes such, as introduced in the schema below.

The Savings Accounts opening and transactions management may be delivered by means of one or some of the following channels:

§     Web application by end user transactions (financial organization backend user)

§     API web services (in/out) triggered by the external systems

§     Data flows (in/out) provided or acquired using web services calls

The following data sets are related to the Savings Accounts and the related functions to manage them. The data sets are specialized or derived by the type of main classes as introduced in the figure below:




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