Account Statement Now Shows Transactor Name

The Transactor Name included in the account statement provides greater transparency and detail for every transaction recorded in the system. Steps to Explore the Feature: After submission, the receipt will include all the relevant details, including the Transactor Name, ensuring transparency and easy identification of transaction initiators.

SMS and Email Alerts for Group Transactions

You can now receive SMS and Email Alerts for group deposit transactions! For every deposit made to a group’s savings account via the Teller, notifications will be sent to the Chairman, Secretary, and Treasurer, provided their contact details are available. Procedure for Making Deposits via Teller: Once the deposit is made, a receipt will be…

Backdating Loan Disbursement Transactions:

Wakandi CAMS has the ability to backdate loan disbursements! This ensures that loan repayment schedules now accurately reflect backdated transactions, enhancing record accuracy and customer trust. Watch the DEMO below to learn the steps in detail (best viewed in full screen). Steps to Use the Backdated Loan Disbursement Feature:

Understanding Loan Schedules and How to Download Them

A loan schedule is a vital tool for both lenders and borrowers, offering a clear outline of repayment terms, including payment dates, amounts, and applicable interest. It helps borrowers plan finances effectively and ensures lenders can track repayments accurately. This promotes transparency, simplifies communication, and reduces misunderstandings. How to Download a Loan ScheduleWakandi makes it…