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.
-
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
-
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
Deposit Settlement
Settlement information outlines the details of how an account balance is paid or settled, either by the account holder or by a third party. This information can include the amount of the payment, the payment method, the payment date, and any associated fees or charges.
-
Update the settlement conditions of the term deposit such as payin account, payout account, beneficiary etc
-
Retrieves the settlement details for the given arrangement such as payment type, payin account, payin percentage, payin amount, payout account, payout percentage, payout amount, etc