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
Closure
You can close the entire structure at any stage, which eventually closes all its underlying virtual accounts.
Bundle Closure
PUTCloses the bundle or cashpool.
Account Closure
PUTStructural changes of virtual accounts in live status - for example, removing one virtual account from a sweep group to another sweep group triggered by the bank user