ARTICLE
18 October 2023
When this feature is enabled, interest on savings in a deposit account is calculated using a fortnightly balance assessment.
Fortnightly interest offers Banks additional options to better serve the needs of their customers, expand their product offering, and improve the customer experience. This feature also unlocks new opportunities for Banks in France, where fortnightly interest is a common market practice and regulatory requirement.
To learn more about interest calculations on deposit products, see our support documentation.