Agreement terms and conditions rules setup example use

Agreement terms and conditions rules can be used in different ways, such as the following example.

The eligibility rule for a checking and investment combination product might look something like the following:
  • Select a checking account from the following list: Regular, Express, or Interest.
    • For each account, the following fee condition applies:
      • $9.95 per month for ten transactions.
      • Each additional transaction costs $0.50.
    • The monthly fee condition is waived when the following conditions are met:
      • The minimum balance is $1000.
      • The account status is Active.
  • Select an investment account from the following list: Discount, or Full.
    • For each account, the following fee condition applies:
      • $6.95 per month.
      • $5.00 per transaction.
    • The following promotion conditions also apply:
      • Monthly fee is reduced to $3.95, if the account is opened online.
      • A $50 credit is provided if the account is opened online.
      • Transaction charges are only $2.50 per transaction if they are done online.
The conditions are then used to determine the amount that the customer is charged per month for each account.