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
Arrangement Maintenance
Manage tangible asset contract lifecycle actions
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Renegotiation of the terms & conditions of the chattel mortgage agreement
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Renegotiation of the terms & conditions of the lease agreement
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Rengotiation of the terms & conditions of the chattel mortgage agreement
Update Parties
POSTChange the parties involved in the asset finance agreement. The parties, simply are the customers acting as a lessee, guarantor or joint lessee.
Update Settlement
POSTUpdate the settlement instructions of the customer in order to transact with the asset finance agreement.
Update Officers
POSTChange the relationship/account officers who is dealing with the lessee's agreement.
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Update payment holiday for leasees , hire purchase and chattel mortgage asset finance agreements