Allps Promissory
Basic promissory management in Mobiloan
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Basic promissory management in Mobiloan
Last updated
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Mobiloan’s integration with Amplifin automates key financial tasks, reducing manual work and minimizing errors. With this seamless integration, users can efficiently:
Add and Manage Mandate Installments – Automate installment creation for smoother loan repayment tracking.
Create Registered Mandates – Set up mandates directly within the platform for improved control and compliance.
Edit Promissory Notes – Modify loan agreements with ease while maintaining accuracy.
Our intuitive interface enables users to:
Create, edit, and suspend mandates effortlessly within Mobiloan.
Maintain complete control over loan repayment schedules.
Loan Payout & Installment Tracking
Loan Payout Summary – A comprehensive table displaying all loan disbursement details, providing a clear financial snapshot.
Installment Table – A detailed breakdown of repayment plans (mandates), including:
Presentment Dates – Scheduled dates for payment processing.
Tracking Days – Days assigned for monitoring repayments.
Additional Details – Any other relevant financial insights.
Outlined below are some of the adjustments that can be made on an active promissory.
Editing the presentment date
Select the corresponding installment and pick the desired presentment date. This will make the installment disputable by the client.
Editing the Tracking Days
Select the corresponding installment and enter the desired number of tracking days. Enter zero to cancel tracking.
Editing the installment amount
Select the corresponding installment and enter the desired amount. This will affect both disputability and loan balance. You may need to add another installment in this case.
Adding a new installment
Select the Primary button and choose "Add Installment" to open the "Add Installment Modal."
When making adjustments to mandate parameters, consider the following key points:
Handling Failed Mandates: If a mandate has already run its course (i.e., the presentment date has passed) and failed, the recommended approach is to add an installment for the outstanding amount.
Navigate to Promissory Menu > Add Installment to record the new installment.
This method maintains the security of the mandate, reducing the likelihood of disputes.
Mandate Disputes: A mandate can still be disputed if the following responses are received from allps ->
Selecting the status
column will present the user with the following options:
Activate the Instalment, for promissory' s that have been manually suspended, selecting this option will activate it.
Suspend the Promissory, user's action to stop the collection from taking place.
Bank Responses, for a given installment, selecting this option will display the bank's responses that has been received by Amplifin for the debit order.
By selecting the Options Button in the Allps Promissory Screen, the user will have the following options
Add Installment
Add a new installment to the existing promissory, useful when splitting the total amount repayable when overdue.
Edit promissory
Used to create a new Debi-check mandate to alter attributes such as Date Adjustment, Tracking Days, Authentication Method and Installment Date.
Suspend Promissory
Submit a suspension to Allps (Amplifin) on this promissory note.
Cancel Promissory
Cancels the promissory, useful when creating a new promissory. (The option to create new will be available once cancelled!)
Print Promissory
View/ Share/ Print the promissory mandate.
User Actions
This option allows you to view the Allps Responses received on the promissory mandate.
Bank Accounts
Allows you to quickly view and edit the details of the clients bank account
View Employment
Allows you to view the employment linked to this client.
View Sassa Dates
Presents the user with the approximated SASSA payout dates for the next 7 months
Only DebiCheck contracts where the last initiation attempt for a specific contract reference failed in the previous 10 days with "No response from the debtor (NRSP)" (reply code 6022) can be registered for an RMS transaction.
Only in such event will Mobiloan allow the option to Register the Mandate as an RMS Transaction
The registration follows a batch initiation route and will only be completed when a confirmation message is received from the debtor bank.
The current contract and payer details will be used to register the mandate in the RMS stream, with the exception of the first date and amount.
If the first date and amount are specified and they are within 2 days of the current date, they will be omitted.