2.1.3 Insta SMB 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.
The following Data Segments can be captured in Relationship Segment.
Table 2-4 Data Segment - Relationships
| Sl.No | Data Segment Name | Mandatory / Optional / Conditional | Description |
|---|---|---|---|
| 1 | Owners | Optional | Data segment to capture owner relationships of the party. |
| 2 | Authorized Signatory | Optional | Data segment to capture authorized signatory relationships of the party. |
| 3 | Guarantors | Optional | Data segment to capture guarantor relationships of the party. |
| 4 | Suppliers | Optional | Data segment to capture supplier relationships of the party. |