Saving Account Accounts can be created for whole an entire group, rather than creating one for a every single client. The Group Saving Account is shared between all the members of the Group. They can This allows all the members of the Group to do all the transactions like Deposit and Withdraw.
To Create Group Saving Account:
1) Go to the specific Group and click on 'Group Saving Application'.
2) On the next window, Select the saving product for the Group.
3) types of transactions (including Deposits and Withdrawals).
Creating Group Saving Account
- Click on Clients on the top menu bar, and click on Groups in the sub-menu that appears.
- This will display a page with a list of all the Groups (as shown in the screenshot below).
- Find the Group you wish to add the Group Saving Application for (use the Search bar at the top, if necessary), and click on its Name. This will display the Group Profile.
- Click on the 'Group Saving Application' button (indicated on the screenshot above).
- On the window that appears, select the Saving Product for the Group.
- Fill up all the details and click on the Submit button
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- , once done (For more information on how to fill
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- in the details, see here).
- Afterwards, the Saving
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- Account needs to be approved and activated with the specified date so that each member of the group can make transactions. Click on the 'Approve' button to approve it.
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- Once the Saving Account is created for the Group, the 'Saving Account Overview' is shown on the Group page,
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- displaying the Saving Account Number, Saving Product and Balance.
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