Bundle Restructure
Cash Management | Account Maintenance

The bundle is restructured by changing the parent or pool for a particular account provided with the same currency.

  • Structural changes of virtual accounts in live status - for example, removing one virtual account from a sweep group to another sweep group triggered by the bank user

  • Structural changes of virtual accounts in live status - for example, removing one virtual account from a sweep group to another sweep group triggered by the bank user

Posting Restriction
Deposits | Deposit Maintenance

Banks employ posting restrictions to regulate transactions in deposits. Posting restrictions are transaction-based controls, that prevent transactions from being posted for the purpose of operational control. A typical business case in which a bank applies a posting restriction to control credits is for non-resident accounts, where there could be restrictions against the deposit of local currency amounts into the deposit.