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
Deposit Closure
Closure of a deposit account refers to terminating a term deposit account before its maturity date. You can use this query to fetch the details related to closure of deposits.
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Redeem the term deposit to close the deposit by providing the settlement instructions
Deposit Closure
PUTRedeem the term deposit to close the deposit by providing the settlement instructions
Simulate Redemption
POSTSimulate a deposit redemption and the payload should include the settlement instructions to which the deposit amount is to be credited. Common usage of this is for simulating withdrawals when customers want to withdraw their deposits before the actual fixed maturity date of the deposits.
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Retrieves the redeem bill for the given deposit by providing the deposit reference and simulation reference for simulated deposits