1.6 Initiate SMB Onboarding API

This topic describes about initiating the SMB onboarding API.

Initiate SMB Onboarding API allows Oracle Banking Origination to initiate Onboarding for a new SMB Customer through Oracle Banking Party. This API allows to send New SMB Party details along with Financial Details and Stakeholder Details to Oracle Banking Party Module to onboard a new SMB Customer.

To initiate Onboarding for a new SMB Customer in Oracle Banking Origination:

  1. Start the origination for Savings Account, Current Account or Term Deposit Account from Product Catalogue.
  2. Open Customer Information data-segment screen.
  3. Select the existing customer switch as OFF and capture all the mandatory fields.
  4. Open the Financial Details data-segment screen.
  5. Capture the financial details for the respective customer.
  6. Open the Stakeholder Details data-segment screen.
  7. Capture the Stakeholder details for the respective SMB customer.
  8. On submission of Application Entry stage, Customer Onboarding request gets initiated. For Multi Product Origination, it gets initiated on submission of Application Entry stage of the last product.

    Customer is now available in Oracle Banking Party for further operations.

    Table 1-6 Routing Hub Details:

    Service Provider Consumer Services Service
    OBPY OBPY_INITIATE_SMB_ONBOARDING_PARTY initiateSMBPartyOnboarding - /service/v1/initiateSMBPartyOnboarding