Annuity saving is a s long-term form of saving (usually 5-40 years) for a pension supplement, child’s studies… The client ensures funds with a single or with multiple deposits and later draws them in single disbursements, multiple disbursements or a combination of both.
Software solution enables:
- input of contracts in domestic currency, foreign currency or with a currency clause,
- informative calculations,
- changes of contracts,
- termination of contracts,
- limitation by the lowest amount of monthly deposit,
- amortization schedule calculation for a contract,
- support for interest taxation,
- application of reference interest rates,
- premiums for reached periods of funds binding,
- execution of an annual statement for the client.