Notice Withdrawal Conditions
Account | Servicing & Maintenance

Notice withdrawal is a feature that may be offered on certain types of accounts, such as savings accounts. With notice withdrawal, the account holder must provide advance notice to the financial institution before withdrawing funds from the account. The notice period may vary depending on the account terms and the financial institution's policies

Migration
Account | Servicing & Maintenance

Migration of accounts involves the process of updating and transitioning the account from an older or existing account. Below are the service operations and their APIs involved in the process.

  • Migration of a legacy system account contract to the given account product by providing the original contract date, account name, statement, payment frequency and start date, etc.

  • Captures the bill information of the account such as bill id, property names, bill amount etc. This is used to migrate the bills of a legacy contract which is migrated from other system & update the bill details

  • Captures the balance details of the account such as balance type, due amount etc. This is used to migrate the balances of a legacy contract which is migrated from other system & update the balance details