Products
About Products
A product is a financial offering by a financial institution to its clients. Products are set up once and are then available to qualifying clients (individuals, groups, and centers).
Financial institutions can set up and configure:
Deposit Products:
Savings Products (current and saving accounts)
Term deposit products
Each product may have one or more associated charges (i.e. fees and penalties). These charges need to be defined before they can be associated with a product. To learn about charges see Charges.
Your system administrator will define which users are able to define products, charges and product mix.
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