Add or Remove Account Holders
Banks allow multiple account holders (for example, joint holders) to be recorded on accounts and also allow these account holders to be modified during the life of the account. This section describes how the bank can modify the involved account holders of an existing account.
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Update the customer details of the account such as add or remove the joint customers, tax liability percentange, limit liability percentage of the joint customers
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Update the customer details of the account such as add or remove the joint customers, tax liability percentange, limit liability percentage of the joint customers
Renegotitaion
This service helps you to modify the terms and conditions of the account. You can enable a variety of account maintenance activities, both financial and non-financial. Some of the key maintenance activities are maintenance of account titles, restrictions on account, credit and debit interest information and revisions of settlement account.
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Perform the renegotiation of the account contract details such as payment frequency, payment start date, interest rate, statement frequency and settlement details, etc.