Account Closure
Customers usually initiate account closures. However, banks may also initiate account closure activities for example, when an account is inactive or has a zero, negative, or below a threshold balance for a period of time.
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Perform the settlement of payoff amount for the savings account by providing the transaction amount, currency and also settlement instructions
Close Account
PUTPerform the closure of the savings account after settlement of payoff amount. The account moves to closed status based on the closure conditions defined in the system
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Calculate the payoff amount for the current account which includes the outstanding amounts and also amounts such as account balances, interest, and charge amounts
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Approves account closure information to allow closing of an account which is no longer in use
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Retrieves the account closure information of the account such as closure date and reason, mode of closure, balances on the date of closing and pending charges
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Retrieves the payoff details of an account
Create and Manage Customer
Creating customer profile within the bank's customer database or CRM system enables the banks to target specific customer segments with personalized messages and offers.
Create Customer
POSTCreate a customer with the information such as customer contact information, residence details, legal document details, occupation details and relationship details, etc provided by the user. It allows to create a customer with system generated id.
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Create a customer relationship for a customer with details such as type of relationship, party information, related as, owning details, role & purpose of relationship
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Update customer details with the information such as customer contact information, residence details, legal document details, occupation details and relationship details, etc provided by the user
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Update customer relationship for a customer with details such as type of relationship, party information, related as, owning details, role & purpose of relationship
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Retrieves the customer details such as customer contact information, residence details, legal document details, occupation details and relationship details for the specific customer
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Retrieves customer relationship details such as type of relationship, party information, related as, owning details, role & purpose of relationship for specific party or customer