1.1.2 Retail Deposits

This topic provides the release highlights for Retail Deposits.

Generic Feature Enhancements
  • Auto Rollover To New Product.
  • Zero Balance Term Deposit creation.
  • Addition of configurable Min & Max thresholds at product level.
  • Out of the box integration with OBPM for payin and payout by checks and support to allow payout by check through a third-party check processing engine and payout by wire (using Fed-wire).
  • API Enhancements to support Data Segment level modifications for TD services.
  • Enhancements include addition of new batches to the End of Day (EOD) workflow.
Generic Feature Enhancements in Deposits Servicing
  • Zero Balance CD Account Creation
  • MCA Support for TD Payin and Payout
  • Minimum and Maximum Limit for Deposit Account
  • Transaction Inquiry-Display Transaction Branch
  • Mimic Sync flow for Servicing Screens
  • Simplified Auto Auth Configuration
  • Payments integration with CD and IRA CD. Includes Payin and payout by checks and external Accounts.
  • Account Number LOV-Closed Account Handling
  • CD Auto rollover to new business product

US Geography Feature Enhancements

In addition to existing IRA (CD) –Traditional and ROTH variants, enhancements have been made to support another IRA (CD) variant - Simplified Employee Pension (SEP).

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