This topic describes the section where you can specify your service preferences.

1. Click Continue.
   The Checking Account Specifications screen is displayed.

   Figure 1-18 Checking Account Specifications

   
   

   
   Description of "Figure 1-18 Checking Account Specifications"

   
   

   Note:

   The fields which are marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 1-17 Checking Account Specifications - Field Description

   Field Name	Description
   Preferred Currency	The currency in which you wish to hold your checking account.
   Apply for Overdraft	Specify whether you want to apply for overdraft facility or not. The options are: Yes No This field will be displayed only if the product supports overdraft. In the case of joint application forms, this field will be disabled. The value that was selected on the kickoff page will be displayed as read only.
   Whose financial information would you like to capture	The value selected on the kickoff page will be displayed as read only text. The options are: Primary Applicant Joint Applicant Both This field will only be displayed in the case of joint application forms and if the option Yes was selected under the Apply for Overdraft? field on the kickoff page.
   Overdraft Limit Amount	Enter the amount of overdraft limit to be requested. This field is enabled only if the Yes option is selected in the Apply for Overdraft field.
   Statement Frequency	The frequency at which you would like to receive account statements. The options are: Monthly Quarterly Bi Annual Annual
   Optional Services	In case of joint application forms, there will be two sub sections to capture each applicant’s preference with regards to the optional services offered against the account. In this case the sub sections will be titled as Primary Applicant – Optional Services and Joint Applicant – Optional Services respectively.
   Service	Each service that has been configured for the product you are applying for will be listed here. Select the check box against the service that the applicant wishes to enable on the account.
   Account Operation Mode	This sub section will be displayed only in the case of joint applicant application forms.
   Mode of Operation	The available modes of operation by way of which the account will be operated. The options are : Operated by Custodian Operated by Guardian Single Tenants by Entirety Joint Tenants with Right of Survivorship Tenants in Common Former or Survivor
   Amount From	Specify the minimum amount of the amount range for which the mandate is to be set up. This field is displayed only if the Mode of Operation is selected as As per Mandate.
   Amount To	Specify the maximum amount of the amount range for which the mandate is to be set up. This field is displayed only if the Mode of Operation is selected as As per Mandate.
   Required Signatories	Specify the required number of signatories for the specific amount range. The options are: Anyone Both This field is displayed only if the Mode of Operation is selected as As per Mandate.
   Add another Mandate	Select this option if you wish to add another mandate record. This field is displayed only if the Mode of Operation is selected as As per Mandate.
   Activity Profile	The fields (including type of field and values, in case of dropdowns) displayed under this sub section can change based on mid-office maintenances for the product. The fields described below serve as examples of fields that can appear under this sub section.
   Preferred Currency	The currency in which you wish to hold your savings account. The currency will be defaulted to USD. If other currencies are supported, you will be able to edit this selection.
   Source of Funds	Specify the primary source of funds that will be used to debit this account. The options can be: Pension Income Rent Alimony
   ATM Transactions in a month	Specify the approximate number of transactions (domestic as well as international) expected to be performed in this account, in a month. The options can be: 10-20 >20 0-10
   Domestic Transactions in a month	Specify the approximate number of domestic transactions expected to be performed in this account, in a month. The options can be: 0-5 5-10 >10
   Purpose of account	Specify the purpose for which this account is being opened. The options can be: Salary Savings Investment
   Expected Foreign Wire Activity	Specify whether you expect funds from foreign countries to be transferred to this account. The options are: Yes No
   Expected Annual Volume of Transactions	Specify the expected annual volume of transactions. The options can be: >5000 >2000 >500
   Courtesy Overdraft	Specify whether Courtesy Overdraft facility is required or not. The options are: Yes No
   Choose which one you wish to opt in for Courtesy OD	Specify the channel through which you wish to opt-in for courtesy overdraft. The options can be: POS ATM This field is enabled only if the Yes option is selected in the Courtesy Overdraft field.

2. From the Preferred Currency list, select the currency in which you wish your account to be held.
3. In the Apply for Overdraft field, select the desired option.
   1. If you select the option Yes;
      1. In the Overdraft Limit Amount field, enter the amount of overdraft limit to be requested.

         Note:

         This field will be displayed and enabled only if the product supports the overdraft feature and in the case of single applicant applications. In case the product supports overdraft and if the application is being made for a joint account then the value as defined under the Apply for overdraft? field on the kickoff page, will be displayed under this field as a read only text.
4. In the Account Statement Mode field, select the desired option.
5. From the Statement Frequency list, select the desired frequency at which you wish to receive account statements.
6. Select the checkbox against any service that the respective applicant wishes to have enabled on the account.
7. Select the desired Mode of Operation from the provided options.

   Note:

   The Account Operation Mode sub section and this field is displayed only in case of Joint Applications.
   1. If you select the As per Mandate option;
      1. In the Amount From field, specify the minimum amount of the amount range for which the mandate is to be set up.
      2. In the Amount To field, specify the maximum amount of the amount range for which the mandate is to be set up.
   2. Click Add another Mandate to add another mandate record.
   3. Click the icon against a mandate record to delete the specific record.
8. Under the Activity Profile section, select options or enter values are desired.
9. Perform any of the following actions:
   1. Click Continue to proceed to the next step in the application.
   2. Click Back to navigate back to the previous step in the application.
   3. Click the Scan QR-code anytime to continue on mobile link to continue the application on mobile or tablet device.
   4. Under the kebab menu, perform any of the following actions:
      1. Click Save and Continue Later option to save the application.
      2. Click Continue on Mobile option to continue the application on a mobile device.