Business & Corporate Enterprise Service

Create the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment

Amend attributes of a payment order that is yet to be approved by supervisor

Delete a payment order awaiting supervisor approval

Cancel an approved payment order that is in an awaiting status viz. Warehouse, Awaiting Funds

Perform debit transactions in an account by providing debit amount and currency in which to be debited

Perform credit transactions in an account, providing the credit amount and the currency in which to be credited

Retrieve a specific order for a given payment order id

Retrieve list of authorised payment orders based on a specific criteria

Creates a funds reservation with details such as account number, block or reserve amount, period of hold transaction, reason for holding. Funds reservations are created to block or reserve funds which restricts any debit movements affecting the account balance below the blocked amount for the specified period on an account.

Update funds reservation with details such as account number, block or reserve amount, period of hold transaction, reason for holding. Funds reservations are created to block or reserve funds which restricts any debit movements affecting the account balance below the blocked amount for the specified period on an account.

Cancels the funds reservation of an account. Funds reservations are created to block or reserve funds which restricts any debit movements affecting the account balance below the blocked amount for the specified period on an account. On removal of the funds reservations, the blocked or reserved amount is now available for usage.

Retrieves the reserved funds details such as reason, amount and period of reservation of the account

Create standing instructions with payment type, payment frequency, ordering customer or bank information and accounts involved

Update standing instructions with payment type, payment frequency, ordering customer or bank information and accounts involved

Delete or revoke standing instructions for a customer

Approve standing instructions that are sent for second or third level approvals

Retrieves the list of standing instructions details such as instruction reference, mode of payment, payment frequency, amount, accounts & customers involved

Retrieves the list of standing instructions details such as instruction reference, mode of payment, payment frequency, amount, accounts & customers involved

Retrieves the list of failed standing instructions details such as accounts involved, payment type & reason of failure

Initiate a new sweep transaction for a specific account

Initiate a new sweep transaction for a specific account

Initiate a new sweep transaction for a specific account

Updates an existing sweep transaction for specific account

Approves a sweep transaction for specific account

Remove an existing sweep transaction for specific account

Retrieves the list of account links for a sweep to occur.

Retrieves the details of specific sweep transaction

Creates new offer deal for the required customer when the mandatory input details are provided. Offer deal creates a draft contract and allows the users to negotiate multiple times. Offer deal is a draft contract and will not affect the balance sheet of the bank.

On executing acceptance, the contract is changed from offer to live deal for the required customer when at least the mandatory input is provided. Process will check all the required mandatory inputs and prompt an error message when mandatory details are not provided. Once the accept deal offer is processed further offer negotiation is not allowed.

Deletes a new offer for the required deal contract when at least the mandatory input is provided. Deal offer is a draft contract, which allow the user to delete the contract online and deal offer contract will not affect the balance sheet of the bank.

Create a new deal for the customer with the details like product, term and amount . Corporate deal is a credit agreement between two parties- the lender and the borrower, who agree to certain terms and conditions along with their rights and obligations

Creates a new offer facility for the required customer when at least the mandatory input is provided. Offer facility creates a draft contract and allow the users to negotiate multiple times. Offer facility is a draft contract and will not affect the balance sheet of the bank.

Creates a new offer facility for the required customer when at least the mandatory input is provided. Offer facility creates a draft contract and allow the users to negotiate multiple times. Offer facility is a draft contract and will not affect the balance sheet of the bank.

On executing acceptance, the contract is changed from offer to live facility for the required customer when at least the mandatory input is provided. Process will check all the required mandatory inputs and prompt an error message when mandatory details are not provided. Once the accept deal offer is processed further offer negotiation is not allowed.

Creates corporate facilities

Creates a business banking loan for a single or joint customer

Creates a new drawdown offer for the required customer.

Renegotiate the offer drawdown for the required customer.

Accept the offer drawdown for the retail loan and convert offer drawdown into a live loan arrangement.

Create rollover process from the drawdown where the rollover could be a split rollover, merge rollover or a one to one rollover. Split also called as one to many will rollover an old loan and create multiple new offer loans. Merge also called as many to one will rollover multiple old loans simultaneously and create a single new offer loan. Rollover also called as one to one will simply rollover an old loan and create a new offer loan

Creates a drawdown for the specified customer by capturing necessary details such as interest, payment schedule, repayment, and settlement instructions. Through this service, the drawdown will be auto approved on creation.

Splits/Merge/Rollover in Drawings level