1. User Guide
  2. Managing Price Creation and Discovery
  3. Managing Deal Pricing
  4. Adding Product Details
  5. Term Deposit

6.4.3.7 Term Deposit

Figure 6-22 Term Deposit (TD) Product Type


Term Deposit (TD) Product Type

Figure 6-23 Account Details Table


Account Details Table

Enter the following details:

Table 6-25 Account Table Field and Descriptions

Field Description
Start Date Select the Start Date of the deal from the calendar.
Maturity Tenure Select the Date of Maturity for the deal either in Days, Months, or Years.
Transaction Amount Enter the deal amount.
Origination Fees Enter the amount of fees or activation fees that have been charged for the deal.
Annual Fees Enter the annual amount of fees applicable for the account.
Interest Payment Type

Select the relevant option for Interest Payment Type:

  • Periodic: If you select this option, then enter the Payout Frequency.
  • At Maturity: If you select this option, then select the Compounding Frequency.
Transfer Pricing Parameters:
  • The Real-Time Transfer Pricing service is optional as an additional service and can be invoked as has been mentioned in the Mortgage product type.

    The Relationship Manager has also the flexibility to input the values directly without the service.

Enter the Profitability Drivers:

Table 6-26 Profitability Drivers Fields and Descriptions

Field Description
Miscellaneous Fees

This is the likely fee income to be generated from the account. This can be captured by three different approaches:

  • Specify: If you select this input type, then you need to enter a value in the text field or you can define a schedule. For defining a schedule, see Scheduling a Profitability Driver.
  • Lookup: If you select this input type, then the system identifies the appropriate curve for the account and that is selected for rate computation.
  • Realtime: If you select this input type, then PCD Application will get the value from Customer Insight Application.
Other Income This is any other income that is charged against the account. This can be captured by three different approaches as explained in the Miscellaneous Fees field.
Expenses These are any expenses that are charged against the account. This can be captured by three different approaches as explained in the Miscellaneous Fees Field.
Utilization Rate % This is the utilization rate against the account. This can be captured by three different approaches as explained in the Miscellaneous Fees field.
Revolve Rate % This is the Revolve Rate against the account. This can be captured by three different approaches as explained in the Miscellaneous Fees field.

OFS PCD supports Import and Export of Profitability Drivers. When you are defining the Schedule for the Profitability Drivers, click either Import or Export buttons to select the external file to import/export the Profitability Drivers.