Introduction to Mass Deferment
It is assumed that the reader of this document is familiar with the navigation around Temenos Transact product is familiar with the Temenos Transact accounting concepts, FT, TT and DC modules.
The functionality allows bank to:
- Defer the payments of all the retail loan products.
- Collect the additional interest at the end of the contract.
- Enable the installment amount to be the same throughout the tenure.
In this topic
