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Close Savings Accounts

The Close Savings Accounts module is used to close a savings account for a selected client on a particular date. Before you do that, though, you have to withdraw or transfer your remaining balance to another account.

There could be several reasons why the savings accounts may be closed. Clients may close their accounts if they need to use all their money or may be moving to a different area or may have found another account that offers a more competitive interest rate.

This module is used to manage the following:

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