Компания CS

The S&CS subsystem includes two types of transactions which implement functionally the following forms of services:-

- On a balance of an account (interest is charged on the actual balances of the account for each day of a charging period);
- On an average balance (interest is charged on the average (arithmetic mean) balance of the account for a charging period);
- On a minimum balance (interest is charged on the minimum balance of the account for a charging period);
- On an irreducible balance (interest is charged on the irreducible balance in the event that the actual balance of the account is more than or equal to the irreducible balance; otherwise, the amount to be charged for a day when the actual balance does not reach the irreducible balance is 0);

The transaction is engineered to keep contracts for providing customers with S&CS; to calculate, automatically or semi-automatically, fees and commissions for S&CS according to documents (by each document, for a period of time, at request); and to create documents for payment of fees and commissions for S&CS; to charge S&CS as debt; to repay the debt for S&CS; to record an overdue indebtedness. The documents that fall under fees and commissions are selected in accordance with tunable templates. Where turnovers for a period are required to be accounted for, additional special functions are used.

Moreover, the subsystem enables you to automate the charging of interest on various services offered by the bank such Customer-Bank, the maintenance of an account, etc. These formalized services (the rules of calculating fees and commissions) are combined in packages provided to customers. For each service, the subsystem gives you the ability to determine a separate scale of rates, a charge and payment interval; to tune the accounts of charge, indebtedness, payment (including with other banks).

The calculation and accrual of amounts may be performed both in an automatic mode and manually. The software code which carries out calculations and produces documents is created, tuned and maintained for each rule separately.

The subsystem has the capability to calculate automatically, to look through charged amounts corrected manually prior to producing documents under each rule. This, in particular, enables you to model the results of calculation after setting various values in scales of rates.

Apart from fees and commissions for S&CS according to documents, the rates determined in this subsystem include:-

The implemented bookkeeping model to account for fees and commissions supports various accounting options:

In a predetermined time, fees and commissions passed to the indebtedness accounts may be carried automatically to overdue indebtedness accounts and accounted for by the system of provisions and allowances.

Reports exist which enable you to project amounts for charging fees and commissions in the event of a possible change in a customer service package.