Posting Restriction
Banks employ posting restrictions to regulate transactions in accounts. Posting restrictions are transaction-based rules that prevent transactions from being posted to an account for the purpose of operational control. A typical business case in which a bank uses a posting restrictions to regulate credits into an account is for non-resident accounts, where there may be restrictions on depositing local currency amounts into the account.
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Update the account details to block or unblock the account by setting the posting restriction and to change the nick name of the account
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Update the account details to block or unblock the account by setting the posting restriction and to change the nick name of the account
Renewal of Deposits
Renewal of deposits enables the account holders to extend the term of their deposit account that has reached its maturity date.
Deposit Renewal
POSTPerform the rollover of the deposit for the given rollover date or period
Update Term
PUTUpdate the tenure of the term deposit by providing tenure or maturity date