2.1.3 Insta Retail Onboarding - Relationships
The details about the relationships of the customer to be onboarded are added in the Relationship segment. Adding relationship details is beneficial to both the customer and the bank during critical events.
Note:
The fields marked as Required are mandatory.The following data segments are available in the Relationships screen to capture the basic details of a party.
Table 2-4 Data Segment - Description
Sl.No | Data Segment Name | Mandatory / Optional / Conditional | Description |
---|---|---|---|
1 | Household | Optional | Data Segment to capture household relationships of the party. |
2 | Power of Attorney | Optional | Data Segment to capture power of attorney relationships of the party. |
3 | Service Member | Optional | Data Segment to capture service member relationships of the party. |
4 | Related to Insider | Optional | Data Segment to capture related to insider relationships of the party. |
5 | Guardian | Conditional | Data Segment to capture guardian relationships of the party. Either of a guardian or custodian is mandatory for a minor party. |
6 | Custodian | Conditional | Data Segment to capture custodian relationships of the party. Either of a guardian or custodian is mandatory for a minor party. |
7 | Solicitor | Optional | Data Segment to capture solicitor relationships of the party. |
This topic contains the following subtopics: