Hi Biodun,

Yes i am a Nigerian like you my brother.

Ok Current account is same as Cheque account...what about Fixed deposit
account?

Please help out ooooo.

-Micheal Abobade


> mike,
> you are fron Nigeria right, current account is a cheque account. An
> account you draw cheque on. Ryan i suppose you can help now
>
> thank you
> Abiodun Awe
>
>
>
> ________________________________
> From: "[email protected]" <[email protected]>
> To: Ryan Whitney <[email protected]>
> Cc: [email protected]
> Sent: Wednesday, 18 February, 2009 18:54:08
> Subject: Re: [Mifos-users] [Mifos-developer] Creating a Current Account
>
> Hi Ryan,
>
> There are different types of account opening (1) Savings (2) Current (3)
> Fixed Deposit e.t.c.
>
> Cheques are not issued to customers on Savings account, but Cheques are
> issued to Customers on 'Current' account, so the customers on 'current'
> account can ask someone to do withdrawal for them by giving a signed
> cheque to the person that is doing withdrawal. Moreso, there is a charge
> on each transaction if customer operates 'Current' account, for example
> whenever a cheque is issued there is a fixed charged called 'COT' on that
> account. But withdrwals in Savings does not attract any 'COT'.
>
> Fixed account is a process by which a client decided to let the MFI keep
> certain amount of money for him over a period of time. At the end of this
> period, the client get his money back with interest.
>
>
> I don't know if these infomation help,Sir? The challenge we have presently
> is how we can configure MIFOS to serve these kind of customers.
>
> Thank you for your time.
>
> -Micheal Abobade
>
>
>
>
>> Micheal,
>>
>> I'm not quite sure what you mean by 'current' and 'fixed deposit'
>> accounts.
>> Could you give a bit more detail on what this means and what you are
>> asking?
>>
>> I'm also responding on the Mifos User's list, as I think your question
>> may
>> be more appropriate for that list.
>>
>> Ryan
>>
>> Ryan Whitney
>> Mifos Technical Program Manager
>> [email protected]
>> Mifos - Technology that Empowers Microfinance (www.mifos.org)
>>
>>
>>
>>> From: <[email protected]>
>>> Reply-To: Developer <[email protected]>
>>> Date: Wed, 18 Feb 2009 10:08:36 -0600 (CST)
>>> To: <[email protected]>
>>> Subject: [Mifos-developer] Creating a Current Account
>>>
>>> Hi,
>>>
>>> Can someone help put me through on how i can create 'current' and
>>> 'fixed
>>> deposit' account in MIFOS.
>>>
>>> Thank you so much for your time.
>>>
>>> -Micheal Abobade
>>>
>>>
>>>
>>> ------------------------------------------------------------------------------
>>> Open Source Business Conference (OSBC), March 24-25, 2009, San
>>> Francisco, CA
>>> -OSBC tackles the biggest issue in open source: Open Sourcing the
>>> Enterprise
>>> -Strategies to boost innovation and cut costs with open source
>>> participation
>>> -Receive a $600 discount off the registration fee with the source code:
>>> SFAD
>>> http://p.sf.net/sfu/XcvMzF8H
>>>
>>
>>
>
>
>
> ------------------------------------------------------------------------------
> Open Source Business Conference (OSBC), March 24-25, 2009, San Francisco,
> CA
> -OSBC tackles the biggest issue in open source: Open Sourcing the
> Enterprise
> -Strategies to boost innovation and cut costs with open source
> participation
> -Receive a $600 discount off the registration fee with the source code:
> SFAD
> http://p.sf.net/sfu/XcvMzF8H
> _______________________________________________
> Mifos-users mailing list
> [email protected]
> https://lists.sourceforge.net/lists/listinfo/mifos-users
>
>
>
>



------------------------------------------------------------------------------
Open Source Business Conference (OSBC), March 24-25, 2009, San Francisco, CA
-OSBC tackles the biggest issue in open source: Open Sourcing the Enterprise
-Strategies to boost innovation and cut costs with open source participation
-Receive a $600 discount off the registration fee with the source code: SFAD
http://p.sf.net/sfu/XcvMzF8H
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