To create a saving account use the “Savings” tab in the customer profile. Then click on the + Create term deposit button the upper right-hand corner.
After a new term deposit page loaded you will have to specify the following parameters:
Term deposit product – select the term deposit from the drop-down list
Term deposit officer – select the person with the relevant role
Created at – specify the open date of the account
Interest rate – specify the interest rate within the predefined range
Maturity - specify the number of periods it lasts
Early close fee rate - specify the early close fee in percentage
Early close fee flat - specify the early close fee amount
Please note that in order to open a term deposit account, the customer has to have funds on his current account. If he doesn't, "Insufficient funds on account" error will appear.
You can deposit funds via the Teller management module.