7 Amount Block
Under the Amount Block menu, user can perform the amount block related actions for retail accounts and certificate of deposit account.
- Create Amount Block
You can block the CD amount. A Certificate of Deposit can be blocked for certain amount due to different reasons like collateral to an overdraft, funds provider account during sweep transactions, and so on. Also, the Bank might receive request from any authorized external agencies to block the CD amount. - View and Modify Amount Block
This topic describes the systematic instruction to View, Modify, and Close the Amount Block. The View and Modify Amount Block screen displays the summary of all amount blocks that are present against a Customer's account and allows the user to modify or close the existing amount block.