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:
- Relationships - Household
Household Relationship segment allows user to capture household relationship of a party such as Father, Son, Mother, Daughter etc. - Relationships - Power of Attorney
Power of Attorney segment allows user to capture power of attorney related to a party. - Relationships - Service Member
Service Member Relationship segment allows user to capture details of service member related to a party. - Relationships - Related to Insider
Insider Relationship segment allows user to capture details of insider related to a party. - Relationships - Guardian
Guardian Relationship segment allows user to capture details of guardian related to a party. - Relationships - Custodian
Custodian Relationship segment allows user to capture details of custodian related to a minor party. - Relationships - Solicitor
Solicitor Relationship segment allows user to capture details of solicitor related to a party.
Parent topic: Insta Retail Onboarding