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.
-
Creates term deposits and the payload should include customer identifier, customer role, deposit currency, deposit amount and the deposit duration term etc.
-
Simulate a deposit arrangement for the given principal amount, term, payment frequency and interest rates
Maintenance
Given below are the service operations for Maintenance.
-
Updates the amendments to the outward collection for the specified letter of credit/customer reference number
-
Updates the amendments to the inward collection for the specified letter of credit/customer reference number
-
Amendments to outward collection contracts are implemented by revising the contract with updated values