Update Account Details & Settlement Instructions
You can update the details related to the settlement and account holder.
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Links a direct debit to an existing facility
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Update the account conditions of the loan such as alternate references, posting restrictions, etc
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Perform the renegotiation of the loan contract details such as payment frequency, interest rates, etc.
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Perform the renegotiation of the loan contract details such as payment frequency, interest rates, etc.
Migration
Migration on loans involves transferring loan contracts, including contract details, bills (IDs, properties, amounts), and balance specifics.
Migrate Loans
POSTMigration of a legacy system loan contract to the given product by providing the original contract date, principal amount, term, payment frequency and start date, etc.
Migrate Bills
PUTCaptures the bill information of the loan such as bill id, property names, bill amount etc. This is used to migrate the bills of a legacy contract which is migrated from other system & update the bill details
Migrate Balnaces
PUTCaptures the balance details of the mortgage loan such as balance type, due amount etc. This is used to migrate the balances of a legacy contract which is migrated from other system & update the balance details.