Complete Feature List

Explore all 17+ modules with detailed features. Everything you need to run a modern financial institution, open source and free.

Core Banking

Essential banking operations and account management

Customer & KYC Module

Complete customer lifecycle management with regulatory compliance.

Individual & Corporate customer types
5-step customer onboarding wizard
KYC document upload and verification
Risk classification (Low/Medium/High)
Customer segmentation and grouping
Relationship management
Customer search and filtering
Customer status management

Savings Accounts Module

Multiple savings products with flexible interest calculation.

Multiple savings product configurations
Interest calculation (daily/monthly/quarterly)
Minimum balance requirements
Dormancy management and reactivation
Statement generation
Interest posting automation
Account status tracking
Transaction history

Current Accounts Module

Checking accounts with overdraft and cheque management.

Overdraft facility management
Cheque book issuance and tracking
Cheque leaf status management
Standing orders (7 frequencies)
Direct debit mandates
Sweep arrangements
Account limits configuration
Multi-signatory support

Fixed Deposits Module

Term deposits with flexible tenures and interest options.

Multiple tenure options (30 days to 5 years)
Interest payout options (monthly/quarterly/maturity)
Auto-renewal configuration
Premature withdrawal with penalties
Loan against FD
Interest rate tiers
Maturity alerts
Certificate generation

Lending & Investments

Loan management and investment products

Loan Management Module

Complete loan lifecycle from application to closure.

Multiple loan products (Personal, Business, Mortgage)
Interest calculation (Flat, Reducing Balance, Rule of 78)
Collateral management with valuation
Guarantor management
4-step loan application workflow
Disbursement tracking
Repayment scheduling
Penalty calculation
Loan restructuring
Write-off management
IFRS 9 provisioning (ECL calculation)

Investments Module

Investment products and portfolio management.

Treasury bills
Government and corporate bonds
Mutual funds
Portfolio tracking
Return calculation
Maturity tracking
Interest accrual
Redemption processing

IFRS 9 Loan Provisioning

Automated Expected Credit Loss calculation.

Stage classification (1, 2, 3, POCI)
ECL calculation (EAD × PD × LGD)
Automatic stage determination by DPD
Collateral-adjusted LGD
Batch provisioning
Stage movement history
Provision summary reports
Write-off tracking

Operations

Day-to-day banking operations

Teller Operations Module

Cash management and teller transactions.

Teller session management (open/close)
Cash drawer balancing
Vault transfers
Denomination tracking
Cash limits enforcement
Transaction authorization
Till reconciliation
Supervisor overrides

Branch Operations Module

Multi-branch management and operations.

Branch hierarchy management
Inter-branch transfers
Branch-level reporting
Branch limits configuration
Operating hours management
Branch staff assignment
Branch performance metrics
Regional grouping

Fee Management Module

Configurable banking fees and charges.

Fee type configuration
Flat and percentage fees
Tiered fee structures
Fee waivers and exemptions
Automatic fee deduction
Fee reversal
Fee reports
Product-specific fees

EOD Processing Module

Automated batch processing for all periods.

End of Day (EOD) processing
End of Week (EOW) processing
End of Month (EOM) processing
End of Quarter (EOQ) processing
End of Year (EOY) processing
Interest accrual
Fee posting
Dormancy processing
GL reconciliation
Report generation

Security & Compliance

Access control and regulatory compliance

RBAC & Security Module

Enterprise-grade role-based access control.

System modules hierarchy
Granular permissions (CREATE, READ, UPDATE, DELETE, APPROVE)
Role management with limits
User groups (Department, Branch, Team)
Permission inheritance
Delegated authority with approval
Session management
Password policies
Login history audit
Force logout capability

Compliance & AML Module

Regulatory compliance and audit management.

Complete audit trail
Maker-checker workflow
Multi-level approvals
AML/CFT monitoring
Suspicious transaction reporting
Regulatory reporting
Compliance alerts
Document retention

Approval Workflow Module

Multi-level approval with delegation support.

Configurable approval rules
Multi-level approvals
Self-approval prevention
Approval delegation
Approval expiry
Approval history
Pending approvals dashboard
Email notifications

Advanced Features

Trade finance, treasury, and digital banking

Trade Finance Module

Letters of credit and bank guarantees.

Import/Export Letters of Credit
LC types (Standby, Revolving, Transferable)
LC amendments
Document presentation
Bank guarantees (Bid Bond, Performance, etc.)
Guarantee claims
Documentary collections (D/P, D/A)
Commission tracking

Treasury Management Module

Money market and FX operations.

Money market deals (T-bills, CDs, Interbank)
FX dealing (Spot, Forward, Swap)
Exchange rate management
Nostro account management
Nostro reconciliation
FX position tracking
Liquidity position monitoring
Maturity alerts

Mobile/Internet Banking Module

Customer self-service APIs.

User registration and authentication
Session management with tokens
Transaction PIN management
OTP generation and verification
Account balance inquiry
Mini statement
Beneficiary management
Bill payment infrastructure
Airtime/data purchase
Device registration
Transfer limits

Multi-Currency Module

Support for multiple currencies.

9+ currency support
Exchange rate management
Daily rate updates
FX position tracking
Currency conversion
Multi-currency accounts
FX gain/loss calculation
Revaluation processing

Reporting & Analytics

Comprehensive banking reports

Reports Module

180+ banking reports across all modules.

Customer reports (20 reports)
Savings reports (20 reports)
Current account reports (20 reports)
Fixed deposit reports (20 reports)
Loan reports (20 reports)
Transaction reports (20 reports)
Branch reports (20 reports)
Compliance reports (20 reports)
Financial reports (20 reports)
Export to PDF, Excel, CSV
Scheduled reports
Custom report builder

Open Source & Free Forever

Nova CBS is MIT licensed. Clone it, customize it, contribute to it.

Star on GitHub Read the Docs