6 Party to Party Relationship

This topic provides the instruction to create retail party to party relationship details.

Table 6-1 Party to Party Relationship Validations

Type of Relationship Individual Non-individual Deceased Frozen Whereabout Unknown Bankrupt Minor
Household Allowed Not Allowed Not Allowed Allowed Not Allowed Allowed Allowed
POA Allowed Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Service Member Allowed Not Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Related To Insider Allowed Not Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Guardian Allowed Not Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Solicitor Allowed Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Custodian Allowed Not Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Related Party Allowed Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Owners Allowed Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Authorized Signatories Allowed Not Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Guarantors Allowed Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Suppliers Allowed Allowed Not Allowed Allowed Not Allowed Allowed Not Allowed
Trustee Allowed Allowed Not Allowed Allowed Not Allowed Allowed Allowed
Beneficiary Allowed Allowed Not Allowed Allowed Not Allowed Allowed Allowed
Related Party Allowed Allowed Not Allowed Allowed Not Allowed Allowed Allowed
  1. On Homepage, under Party Services, click Party To Party.
    The Party To Party screen is displayed.

    Figure 6-1 Party To Party


    Description of Figure 6-1 follows
    Description of "Figure 6-1 Party To Party"

  2. Input CIF ID or search for CIF ID of the primary party using Party Search. For more information, refer to the Party Search.
  3. Click Fetch.
    The primary party details will be displayed.

    Figure 6-2 Primary Details


    Description of Figure 6-2 follows
    Description of "Figure 6-2 Primary Details"

    Related To provides the view, of all the related parties of the primary party searched using the CIF ID.


  5. Select related to and required relationship type to view related parties.

    Note:

    Party type determines the relationship type, be it retail or SMB.
  6. Related parties will be displayed in the grid with following details.

    Table 6-2 Related Details - Field Description

    Field Description
    Party Type Party type of related party.
    CIF ID CIF ID of the related party.
    Name Name of the related party.
    Customer Flag to identify, if party is a customer or non-customer.
    Relationship Added Date Date when party to party relationship is added.
  7. Click in the action column to delete, and edit Party to Party Relationship.

Create a New Relationship

  1. Click New Relationship to create a new party to party relationship for the selected CIF and relationship type.
    Drawer will open to capture new relationship details.
  2. Input CIF ID or search for CIF ID of the related party using Party Search. For more information, refer to the Party Search.
  3. Click Fetch.
    The related party details will be displayed.

    Figure 6-3 Related Party


    Description of Figure 6-3 follows
    Description of "Figure 6-3 Related Party"

  4. Input relationship attributes specific to party to party relationship. Refer table from Table 1-16 to Table 1-21 for relationship specific attributes for retail party relationships.
    Refer to the Small and Medium Business Onboarding Guide for relationship specific attributes for SMB Party Relationship.
  5. Click Save.
    Related With provides the view, where a party is related as a relationship.
  6. Select Related With with required relationship and party type as retail or SMB to view related with parties.

    Note:

    Party type determines the relationship type, be it retail or SMB.
  7. Related parties will be displayed in the grid with following details.

    Table 6-3 Realated Details - Field Description

    Field Description
    Party Type Party type of related party.
    CIF ID CIF ID of the related party.
    Name Name of the related party.
    Customer Flag to identify, if party is a customer or non-customer.
    Relationship Added Date Date when party to party relationship is added.