Expiration date in Term Deposit

The expiration date of a Term Deposit, as reported by financial institutions, is now shown in the account settings and kept current through bank connection refreshes. No manual tracking is required to know when a deposit reaches maturity.

With this information in place, accounts are now automatically deactivated on their maturity date, keeping them out of dashboards and indicators and ensuring a more accurate representation of your banking reality.

The expiration date can also be manually adjusted whenever needed, and any changes are preserved during future synchronizations. In addition, accounts that are no longer returned by the financial institution and have no expiration date are now deactivated after two weeks, rather than the previous six-month period.

Together, these changes make account lifecycle management more automated and precise, reducing manual intervention while keeping the information on the platform reliable.

Benefits:

• Term Deposit expiration dates visible directly in account settings;

• Expiration dates kept up to date automatically through bank connection refreshes;

• Automatic account deactivation on the maturity date;

• Cleaner dashboards and indicators, free of matured accounts;

• Manual expiration date adjustments preserved across future syncs;

• Faster deactivation of stale accounts, reduced from six months to two weeks;

• Less manual intervention and more accurate account lifecycle management.

Available in all geographies.

You can try this feature here.