Vaults
Overview
Vault is an interest-bearing bank account that has a pre-configured maturity date. The money must remain in the account for a fixed period of time in order to earn the stated interest rate.
The Vaults tab provides the list of all Vault accounts created and allows to edit and create new accounts manually.
Mostly, Vault accounts are created in the Web Interface by the end-user. The following article defines the configuration process performed by an Administrator. See Banking Web Interface - Persons for the configuration process performed by the end-user.
Related pages
Opening the item
Follow the steps below to see the list of access roles:
Navigate to the Admin Panel.
Click Banking on the left sidebar.
Go to the Vaults menu item to open the Vaults list.
Follow the steps below to browse role details:
Navigate to the Admin Panel.
Click Banking on the left sidebar.
Go to the Vaults menu item.
Click Show in a vault account line to open its details.
Component parameters

Parameter | Description |
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Number | The column demonstrates internal account numbers. At the same time, internal account numbers are used as entity IDs that are available in the Activity log section. Click a number to open Vault account details. |
Client | The column includes Client names the accounts are assigned to. Click a client name to open profile details. |
Name | The Vault account name set by the end-user or Administrator. |
Type | Three main account types are available for opening:
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Status | Account verification status:
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State | The parameter defines the account state
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Currency | Account currency. |
Actions |
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Add new | Create a Vault account manually. |
Configuring the component
Vault account details is the main panel of account information display and editing.


Most of the parameters correspond to the main parameters used in the Administrative Panel. Though, there are a few special parameters that should be mentioned.
Parameter | Description |
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Details | |
Last charge date | Defines the last date a fee was charged from the account. |
Fee activated at | Defines the last date a fee was charged from the account. |
Vault | |
Base amount | The notional sum bearing the interest rate. |
Percent | Annual intereset rate paid to the account holder. See Price lists for configuration details. |
Locked up | The date when the account was opened. The parameter defines the start of the fixed period when the money must remain in the account. |
Begin accruing | The first day when the interest rate is paid. The accruing period starts the next day after the account opening date. |
End accruing | The last day when the interest rate is paid. The next day, the money can be retrieved. See Price lists for configuration details. |
Maturity date | The day when the deposited funds can be retrieved. |
Opened up | The day when the Locked up period ends. |
On demand | Defines whether the Vault remains active after the Lock up period. If the parameter is set, the account operates as follows:
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State | The parameter defines the account state:
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Useful tips
Remember to create a Price list to define interest rates for Vault accounts opened in the Web Interface. See Price lists for additional details.