1.1.2 Retail Deposits

This topic provides the release highlights for Retail Deposits.

Generic Feature Enhancements
  • New Business Events are added, which occur in the life cycle of the Certificate/Term Deposit Accounts.
  • Certificate/Term Deposit Statement can be generated based on the defined frequency.
Generic Feature Enhancements in Deposit Servicing
  • Enhancement of entity length for deposits and Retail Deposit screens
  • Account Opening - Address details update
  • Term Deposit transaction reversal
  • Consolidated Functional Activity Codes
  • Removal of block type from Amount Block screen

US Geography Feature Enhancements

Regulatory Features:

Additional enhancements in BackupWithholding Tax Processing to consume the rate and applicability from the Event published by Customer Application.

US Geography Feature Deposit Servicing
  • Display of customer memos on deposit servicing screens
  • Enhancement of entity length for Certificate of Deposit screens
  • Account opening - Address details update
  • Certificate of Deposit Transaction Reversal
  • Customer Relationship Maintenance screen
  • Joint Holder Maintenance for Certificate of Deposit - Mode of operation for single account ownership
  • Consolidated Functional Activity Codes
  • Removal of Block type from Amount Block

For more information about the enhancements, refer to Retail Deposits.