FINS BIAN Current Account Process API

Examples of Use

A customer processes a series of services (e.g., request printed statements, initiate a transfer, set up a standing order) through the call center by accessing their current account

Role Definition

The Current Account or Demand Deposit Account as it can be called is a financial facility that represents the general checking account facility at the core of the consumer and small business banking activity. There is a range of supporting features that make up the standard facility (checks/cheques, standing orders, debit cards, phone and on-line banking services etc.). The fulfillment can include a range of optional services, fees and interest payments and penalties and will often be bundled and or underlie/support other financial facilities and financial transactions

Related Business Scenarios

HANDLE BULK REQUEST FOR OPENING SALARY ACCOUNTS

PROCESS INCOMING DIRECT DEBIT INSTRUCTION AT DEBTOR BANK

HANDLE REQUEST FOR OUTGOING FCY CREDIT TRANSFER VIA SWIFT

EXT HANDLE REQUEST TO DETACH ACCOUNT FROM CORPORATE PAYROLL SERVICE AGREEMENT

EXT HANDLE REQUEST TO OPEN TERM DEPOSIT UNDER TERM DEPOSIT AGREEMENT FOR RETAIL CUSTOMER

HANDLE INCOMING REQUEST FOR PAYMENT AT DEBTOR BANK

DISBURSE UNCOLLATERALISED CONSUMER LOAN

HANDLE INCOMING CREDIT TRANSFER

HANDLE REQUEST FOR ACCOUNT STATEMENT

PROCESS SALARY PAYMENTS FOR INTERNAL ACCOUNTS

HANDLE REQUEST FOR POWER OF ATTORNEY

CREATE CUSTOMER REPORTS

VERIFY PAYMENT OF TAXES ON PROPERTY

DISBURSE MORTGAGE LOAN

EXT HANDLE CUSTOMER RELATIONSHIPS CASE

EXT DISBURSE RENEWED UNCOLLATERALISED CONSUMER LOAN

PHASE OUT SALES PRODUCT CURRENT ACCOUNT

HANDLE REQUEST FOR INTERNAL CREDIT TRANSFER FROM SAVINGS ACCOUNT

EXT HANDLE BULK REQUEST FOR OPENING SALARY ACCOUNTS

PROCESS MATURITY OF TERM DEPOSIT

HANDLE REQUEST TO DETACH ACCOUNT FROM CORPORATE PAYROLL SERVICE AGREEMENT

HANDLE REQUEST FOR WINDFALL INVESTMENT

PERFORM CLOSING OF UNCOLLATERALISED CONSUMER LOAN

GET AVAILABLE CURRENT ACCOUNT BALANCE IN PREPARATION OF DEPOSIT INTO LOAN

CUSTOMER RELATIONSHIP CASE INITIATION

CHANGE OPERATIONAL CURRENT ACCOUNT PRODUCT

HANDLE INCOMING FCY CREDIT TRANSFER FOR LCY ACCOUNT

HANDLE REQUEST FOR OUTGOING CREDIT TRANSFER

PROCESS INTERNAL DIRECT DEBIT INSTRUCTION

HANDLE REQUEST FOR EARLY CLOSING OF TERM DEPOSIT

HANDLE REQUEST TO CLOSE RETAIL CURRENT ACCOUNT

INITIATE PAYMENT ORDER

EXT HANDLE REQUEST FOR ACCOUNT STATEMENT AND BALANCES

EXT HANDLE REQUEST TO OPEN RETAIL CURRENT ACCOUNT

HANDLE REQUEST FOR EARLY RENEWAL OF TERM DEPOSIT

HANDLE REQUEST TO ESTABLISH CREDIT TRANSFER STANDING ORDER ON RETAIL CURRENT ACCOUNT

HANDLE REQUEST TO GET CUSTOMER ACCOUNT BALANCE

GET CUSTOMER REQUEST AND SHOW ACCOUNT BALANCE

CANCEL CREDIT TRANSFER STANDING ORDERS OF RETAIL CURRENT ACCOUNT TO BE CLOSED

HANDLE REQUEST TO OPEN RETAIL CURRENT ACCOUNT

EXT HANDLE REQUEST FOR EARLY CLOSING OF TERM DEPOSIT

HANDLE REQUEST FOR ACCOUNT STATEMENT AND BALANCES

HANDLE REQUEST FOR REFUND OF INTERNAL DIRECT DEBIT

HANDLE REQUEST FOR REFUND OF INCOMING DIRECT DEBIT AT DEBTOR BANK

HANDLE REQUEST FOR INVESTMENT PLAN

HANDLE REQUEST TO CHANGE TERM DEPOSIT ATTACHED CURRENT ACCOUNT

HANDLE REQUEST TO OPEN TERM DEPOSIT UNDER TERM DEPOSIT AGREEMENT FOR RETAIL CUSTOMER

EXT HANDLE REQUEST FOR ACCOUNT STATEMENT AND OUTGOING CREDIT TRANSFER

HANDLE REQUEST FOR OUTGOING CREDIT TRANSFER RELATED TO REQUEST TO PAY AT DEBTOR BANK

Core Business Object

CURRENT ACCOUNT AGREEMENT

Key Features

• Set-up current account facilities
• Issue cards, check-books for an account
• Process deposits and withdrawals
• Handle standing orders and direct debits
• Process fees and apply interest charges

• Provide balance/statements and reports

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Customers can use this integration template to accelerate implementation.