Renegotitaion
This service helps you to modify the terms and conditions of the account. You can enable a variety of account maintenance activities, both financial and non-financial. Some of the key maintenance activities are maintenance of account titles, restrictions on account, credit and debit interest information and revisions of settlement account.
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Perform the renegotiation of the account contract details such as payment frequency, payment start date, interest rate, statement frequency and settlement details, etc.
Create Deposits
Deposit accounts allow the customers to create fixed bonds. These bonds are characterized by a fixed interest rate or coupon rate that remains constant throughout the life of the bond.
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Creates term deposits and the payload should include customer identifier, customer role, deposit currency, deposit amount and the deposit duration term etc.
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Simulate a deposit arrangement for the given principal amount, term, payment frequency and interest rates