Tailor your deposits offering to access your perfect sector with our flexible product builder. You can quickly and independently create a wide range of deposit products with varying access to funds, or build a foundation account that can be easily reconfigured to adjust the notice period, interest rate, or more, helping savers enjoy the benefits for longer.
An easy access deposit account which allows customers to withdraw their funds whenever they need, for ultimate flexibility.
A notice account with a fully customisable notice period for customers who want a medium term savings product, with the ability to adjust the interest rate according to the notice period.
A fixed term account for customers who don’t need to access their funds imminently, and can take advantage of a longer term with a guaranteed rate of return.
An easy access deposit account which allows customers to withdraw their funds whenever they need, for ultimate flexibility.
A notice account with a fully customisable notice period for customers who want a medium term savings product, with the ability to adjust the interest rate according to the notice period.
A fixed term account for customers who don’t need to access their funds imminently, and can take advantage of a longer term with a guaranteed rate of return.
The flexibility doesn’t end there, you can set your own terms with bespoke access, notice and interest periods, with interest on all accounts calculated daily, and payable as often as you like. Notice and fixed term accounts have the facility to allow qualifying customers to make a discretionary exceptional withdrawal with or without any impact on their interest rate, and you can also make use of other features such as funding window tracking rates (BOE), maturity notifications, and four eyes verification on amendments.
All accounts have the facility to set a maximum deposit amount to satisfy FSCS requirements and any excess funds can be automatically returned to ensure the customer is protected.
Automation makes life easier on your team, accounts which don’t meet minimum funding requirements can be prompted to take action, or automatically closed with funds returned to the customer with no manual involvement at all, and your staff can be empowered to make bespoke decisions and changes based on their deep understanding of your customers’ needs.
Wrexham, UK – 24th March 2022 – UK digital bank Chetwood Financial (Chetwood) has today announced the acquisition of core banking provider Yobota to extend Chetwood’s Banking-as-a-Service (BaaS) capabilities.
Current Buy Now Pay Later (BNPL) apps often ignore the needs of the retailer with out of the box features and options baked in, leaving little room for personalisation to meet the specific needs of your customers.…
