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Special Notice Deposit (SND) Interest Forfeit
June 24, 2015
0

Introduction

Special Notice Deposit (SND) is an interest bearing deposit where advance notice is required for withdrawal. System calculate & generate core banking system update file.

Functions

Web based multi user system that will be accessed from all branches and SCB offices

Duel control in data capture and update

Automatically calculate interests for forfeit and generate monthly/periodic reports

Product code setup in current SND system

Map Product Code with Interest Rate Configuration

Product Group wise (General/Islamic/Others) interest calculation

Product Group wise batch processing

Product Group wise Reports and MIS

Platform : Java Web based Solution/J2EE, SQL Server DB.

Clients : Standard Chartered Bank Bangladesh.