Close {{ data.partyCode }} early

@if (loading) { }

Customer {{ data.partyName }}

Balance {{ data.currentBalance | number: '1.2-2' }}

Matures on {{ data.maturityDate | dateFormat }}

Scheme rate {{ data.interestRate | number: '1.0-2' }}%

Who bears the cost of closing early?

Customer

@if (scheme) {

Interest recalculated at {{ reducedRate | number: '1.0-2' }}% instead of {{ data.interestRate | number: '1.0-2' }}% for the whole period, and the difference taken back before the balance is paid out.

} @else {

Their interest is recalculated at the scheme's reduced rate.

}

Agent — {{ data.agentCode }}

The customer keeps a full month's interest, and the agent funds the days left in this month. The balance is paid out in full.

@if (scheme && scheme.prematureAgentCommissionPenalty > 0) {

Either way, {{ data.agentCode }} is charged {{ scheme.prematureAgentCommissionPenalty | number: '1.0-2' }}% of the commission owed to them — the round was not kept going.

}

Where should the balance go?

Into another account of theirs at this bank

Park it for transfer to another bank

@if (destination === 'own' && ownAccounts.length > 0) {

Credit to account

@for (account of ownAccounts; track account.accountNo) { {{ account.accountNo }} — {{ account.productName }} }

} @if (ownAccounts.length === 0 && !loading) {

This customer has no other account here, so the balance is parked in matured-deposits payable for the branch to send on.

}

This closes the account. It cannot be reopened.