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
Manage Interest
Banks can pay interest to the customers on credit balances held in their deposit accounts. The interest can be changed in the following ways
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Update the interest conditions of the term deposit such as interest rate, spread, margin etc
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Retrieves the interest details of an account such as interest rate , interest type and interest amount
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Retrieves the interest accrued for the current period of an account
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Retrieve the past period's interest accruals
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Retrieves the interest accruals of the previous year