Manage Interest
Banks can pay an interest to the customers on credit balances held in their accounts. Credit interest or debit interest can be changed in the account at any time during the entire life cycle of the account.
Update Interest
PUTUpdate the interest conditions of the account such as interest rate, tier details, margin amount 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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Retrieve the past period's interest accruals
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Retrieves the interest accrued for the current period of an account
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Retrieves the interest accruals of the previous year
Change Product
Changing product is the process of switching from one type of account product to another within a same product group offered by the bank or financial institution that may involve additional fees and charges.
Change Product
PUTChange account from one product to another such as changing savings account to current account
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Update the action such as proof and publish for the specific product