Backdating Loan Disbursement Transactions:

The system has been now enhanced to allow the import of multiple FD accounts with the same product name for the same member, providing more flexibility in managing FD accounts. The following are steps on how to execute this.

Previous Implementation: When a loan was topped up with an additional amount, the loan application would enter a pending state with a new principal amount calculated as:(Outstanding principal + Additional amount). After approval, the previous loan status would update to “New” with the adjusted principal amount. The following are steps of the new implementation.

You can now receive a transactional alert via SMS and email. An SMS and email notification(s) will now be sent to the Chairman, Secretary, and Treasurer (if their contact details are provided) for every deposit transaction made to the group’s savings account by the Teller. Follow the procedure below

Here are the steps we can take to explore this further:

The following are the steps taken to download the statement from WBA.

Objective:To improve data quality and ensure members provide complete and accurate personal information during onboarding by enforcing separate mandatory fields for First Name and Last Name. Follow the procedure below