Add or Remove Account Holders
It is a common banking practice to have more than one party, for example joint-holders, in a deposit. This section describes how a bank can maintain the deposit contract by adding or removing parties to an existing deposit.
-
Update the customer details of the term deposit such as add or remove joint customers
-
Update the customer details of the term deposit such as add or remove joint customers
-
Retrieves all the customer details for the given arrangement such as customer id, customer name, customer role, their beneficiary type, limit allocation percentage, GL allocation percentage and tax liability percentage.
Add or Remove Account Holders
You can opt to be a single account holder or multiple holders (joint names) while borrowing a loan from a bank. The latter option usually opts when you pool your income, making your loan eligibility higher, or for claiming tax benefits.
Change Customer
PUTUpdates the customer for the given loan contract