How to change a payout profile

Update a pool's cash management charge (CMC) by creating a new payout profile period. This preserves the rates used for earlier payment runs.

Before you start

• You need permission to create or edit payout profiles.

• Confirm the effective date and whether the charge uses whole-balance or partial-balance tiering.

• The new period must start after any earlier closed period and after the latest payment run for the pool.

Create the new period

1. Go to Interest Pooling > Interest Pools.

2. Open the relevant pool and select Edit.

3. Open Payout Profile Periods.

4. Select the action to create a new period.

5. Choose the Start Date. Flinq limits the date to protect periods already used in payment runs.

6. Review the inherited tiers and update each Lower Limit and Cash Management Charge.

7. Add or remove tiers if needed, then save.

Flinq ends the previous period on the day before the new one starts. The CMC is a percentage of interest, not a percentage of the account balance.

Whole and partial balance charges

• Whole balance: the charge from the applicable balance tier is applied to all gross interest.

• Partial balance: each charge is applied to the interest earned within that tier.

A period that has already been applied to payment entries should remain part of the audit history. Create a new period for future changes instead of rewriting historical terms.