Edit active account product

Editing an active account product means changing one or more of its parameters, such as the currency or class code.

After you make a change, the new parameter values apply only to accounts opened under this product from that point onward. Accounts opened before the change continue to use the parameter values that were in effect when they were created.

In an active account product, editable sections are indicated by an edit icon. Click Edit to open a detailed view of the section, where you can modify the available parameters.

To edit a section, follow these steps:

1. Find the account product in question.

2. On the Account product details page, scroll to the relevant section and click Edit.

The sections you can edit are the following:

• Details

• Account type setup

• Residency

• Balance currencies

• Class codes

• Interest

• Fees

• Account numbering

Details

You can edit the product name, description, reporting product code, and the validity range. After making your changes, click Save.

Account type setup

You can enable or disable contractual overdrafts. After making your changes, click Save.

Residency

You can edit the allowed residency country codes and the allowed tax residency country codes. After making your changes, click Save.

Balance currencies

You can edit the list of allowed currencies and the default currency code. After making your changes, click Save.

Class codes

You can enable or disable all class codes, or select specific ones and set a default. After making your changes, click Save.

Interest

You can enable or disable all interest method assignment codes, or select specific ones and set a default. After making your changes, click Save.

Fees

You can edit the allowed and default price list customer groups selections. When a default price list customer group is selected, you can also choose a default price list type code. After making your changes, click Save.

Account numbering

You can edit or add the BIC key and select a numbering sequence key. After making your changes, click Save.