Ability to transfer funds from one account to another - Either Savings to Loan Account, Savings to Savings, or Payment of Fees from Savings.

Description

Many MFIs in Kenya and I believe around the world may decide to recover fees and loan repayments from Savings Accounts especially in default cases or a member of a group may exit and give instructions his/her savings transferred to another member.

The current practise which is supported by Mifos currently to achieve these tasks is by making a withdrawal then post to the other accounts manually. We have received numerous request if Mifos can have an option of doing direct transfer to different accounts and we think its very important to have this feature to make Mifos a better solution for Microfinance.

Environment

None

Attachments

Assignee

Paweł Gesek

Reporter

Zayyad A. Said

Labels

None

Implementation Priority

Must

Team

Core

Epic

None

productboard URL

None

Man Day Estimate

None

Time tracking

40h

Fix versions

Affects versions

Priority

Critical
Configure