This module will not be further enhanced. Support is limited to defect fixing only.

Introduction to Standard Brazilian Account Products

Brazil offers specific current and savings account products due to its regulation and market. Each one needs particular configurations in Temenos Transact to cover its own characteristics.

This functionality includes the required setup to create samples of Brazil account products to include IOF tax and service packages.

Temenos Transact provides the most common account products for Brazil. They are seven current account and two savings account products.

The regulation in Brazil establishes that specific conditions are applied on current and savings accounts. These conditions include the collection of taxes like IOF. The market in Brazil offers specific account products aligned with the regulatory requirements of that country.

This functionality provides the available Brazilian account products as samples in Temenos Transact.

Click here to understand the terms and abbreviations used in this functionality.