1.1.2 Retail Deposits
This topic contains the release highlights for Retail Deposits.
Generic Feature Enhancements
- Grace Period to Top-up or Close the deposit for Auto-Renewal enabled Term/Certificate of Deposit.
- Publication of Business Event to facilitate notifications to customer on the configured prior maturity days.
Generic Feature Enhancements in Deposit Servicing
- TD/CD Account Opening Screen changes
- Nominee/Beneficiary screen changes
- Interest Paid Out Details
- Task screen changes
- Multiple search criteria for Account Number search
- Auto and multi level authorization
US Geography Feature Enhancements
Regulatory Features:
- Backup Withholding Tax (BWHT)
- Escheatment based on the Last Contact Date
For more information about the enhancements, refer to Retail Deposits.
Parent topic: Release Highlights