The CASA product can be configured as a Current Account or a
Savings Account. As a Current Account, it is an everyday banking
product, allowing customers to perform transactional activities
such as deposits and withdrawals whilst accessing certain
banking services. As a Savings Account, the product allows
customers to hold everyday savings and earn variable interest
rate while having the flexibility to withdraw funds.
Key features include:
● Arranged and unarranged overdraft
● Adjustable overdraft limits
● Positive and negative interest accrual
● Multi-currency transactions
● Autosave mechanism
● Account maintenance fees
● Dormancy
● ATM withdrawal limits
The CASA product comes with the following Workflows:
● CASA Application
● CASA Closure
● CASA Overdraft Creation
● CASA Overdraft Adjustment
● CASA Overdraft Cancellation
● CASA Interest Payment Date Change