Annuity saving

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.