AMB Calculator is a small utility tool which helps in calculating and maintaining the Average Monthly Balance (AMB) requirements for your account. Most bank accounts have a certain AMB that must be maintained. If it is not maintained, you will be penalised with fees. So, it is quite important to maintain your AMB above the required amount. How to maintain AMB? It is simple. Your account balance on most (if not all) days should be greater than the required AMB value.
- Calculates the shortfall or excess AMB maintained by your account
- Provides the AMB that must be maintained for the rest of the month if current AMB is below the threshold
- Provides least balance maintained each day of the month
- Supports multiple transactions per day
WIP