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From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Commented] (FINERACT-409) Improvement to min_required_balance: Make minimum balance for all savings accounts global
Date Thu, 02 Mar 2017 12:38:45 GMT

    [ https://issues.apache.org/jira/browse/FINERACT-409?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=15892167#comment-15892167
] 

Santosh Math commented on FINERACT-409:
---------------------------------------

[~Ippez], As discussed with Nazeer, once savings account is created with some fixed minimum
balance, how is it helpful changing minimum balance of existing savings accounts by modifying
it in product level?

> Improvement to min_required_balance: Make minimum balance for all savings accounts global
> -----------------------------------------------------------------------------------------
>
>                 Key: FINERACT-409
>                 URL: https://issues.apache.org/jira/browse/FINERACT-409
>             Project: Apache Fineract
>          Issue Type: Improvement
>            Reporter: Ippez Roberts
>            Assignee: Markus Geiss
>              Labels: confirm, p3
>
> Currently when you have created savings account for a product, the minimum balance for
that product is one capture and entered in min_required_balance for this savings account.
Now if you change the minimum balance for this product, accounts already created are not affected
by this changes i.e min_required_balance is not updated for the accounts in existence.
> Any changes in min required balance should affect all accounts of that product i.e those
accounts already created and those yet to be created. This will make sense and will be fair
to all clients



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