Intra Account Transfer

Support ›› Manual ›› Accounts Management ›› Operations ›› Recurring Procedures ››

Customer Accounts - Intra Account Transfers.

 Use this sub-module to  transfer money from customer accounts i.e from savings to repay loan or from investment to savings of same individual

To access this window, click :Accounts Module - > Operations - > Customers Account - > Intra - Account Transfer

The following screen will open up :

Intra Account Transfer Figure 1. 

Creating An  Intra- Account Transfer :

Click on Full Account Number look up icon to pick an origination account : 

Intra Account Transfer Figure 2.

   The associated account details will be displayed to the relevant fields as below : 

Intra Account Transfer Figure 3.

 Apportionment Tab :

Intra Account Transfer Figure 4.

Click on Full Account Number look up icon and select the recipient account from the dialog box :

Intra Account Transfer Figure 5.

       The additional account details will be populated to the respective fields: 

Intra Account Transfer Fig 6.

Amount - Enter amount to apportion to account.

Component:

 Intra-Account Transfer Fig 7

• Aggregate - Choose Aggregate on Loan accounts for the system to distribute  Amount based on Standing Order 
• Interest - Choose Interest for amount to go to Interest
• Principle -  Choose Principle for amount to go to Principle.

Primary Description - Type in the appropriate primary description into this field. 

Secondary Description - Type in an appropriate Secondary description defining the transaction. 

                 Click on the add button to  commit the entry to the apportionment  tab just below: 

Intra Account Transfer Figure 8

Select an entry then click on the remove button to effect the removal of an erroneous entry. 

NOTE: When apportioning to a Loan product account, the following Buttons and flag appear:

Intra Account Transfer Figure  9

Check on 

to recover any existing charges that had been carried forward

NOTE: (OPTIONAL)  Clicking on 

will open the following window:

Intra Account Transfer Figure  10

Capitalize is an optional way to load interest  for a specified number of months before making payment.

Click on 

after making adjustments in the editable fields in the window above

On successful completion you will get a pop up message confirming that the operation was successful.

Check off charges in the Indefinite Charges tab as shown below

           Click on the update button to effect the transfers. 

              The following prompt will pop up : 

            Acknowledge and continue. 

On successful completion you will get a pop up message confirming that the operation was successful.

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