Interest: Create a Related Rate

Create a Related Rate

  1. A related rate is an updated interest rate that can be inserted into the interest rate formula. To create a related rate:
  1. Open Union Fusion.
  2. Navigate to Remittance > Settings > Interest.
  3. Select the interest formula to which you would like to add a new rate.
  4. Within the interest formula profile, select the Actions drop down on the left side of the screen, then choose Add Rate.
  5. Choose a new effective date and a new rate, then select Save Rate.


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