Ability to transfer funds from one account to another - Either Savings to Loan
Account, Savings to Savings, or Payment of Fees from Savings.
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Key: MIFOS-5456
URL: http://mifosforge.jira.com/browse/MIFOS-5456
Project: mifos
Issue Type: New Feature
Components: Accounting & Cash Management, Collection Sheet Entry,
Savings Account
Affects Versions: Release 2.1.6
Reporter: INTRASOFT TECHNOLOGIES KENYA
Priority: Critical
Many MFIs in Kenya and I believe around the world may decide to recover fees
and loan repayments from Savings Accounts especially in default cases or a
member of a group may exit and give instructions his/her savings transferred to
another member.
The current practise which is supported by Mifos currently to achieve these
tasks is by making a withdrawal then post to the other accounts manually. We
have received numerous request if Mifos can have an option of doing direct
transfer to different accounts and we think its very important to have this
feature to make Mifos a better solution for Microfinance.
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