The relationship section furnishes information concerning the connections between the party and related parties, including household members, guardians, custodians, and other relevant affiliations.

The following Data Segments can be captured in Relationship Segment.

For more details on Party Type and Party Status requirements during relationship creation, refer Table 6-1.

1. Click Next in the Basic info screen to add the relationships details.
   The Initiation – Relationships screen displays.

   Figure 1-13 Initiate - Relationship

   
   

   
   Description of "Figure 1-13 Initiate - Relationship"

   
   
2. Click to select desired relationship.
   The Add New Household screen displays.

   Figure 1-14 Add - New household

   
   

   
   Description of "Figure 1-14 Add - New household"

   
   

   Relationships with a customer can be either of the following:

   • An existing party that is a customer of the bank
   • An existing party that is non-customer
   • A new party, which is neither a customer nor an existing party

Existing Customer or Non-Customer

3. Specify the existing CIF (if the relationship is an existing customer) or the existing Party Id (if the relationship is non-customer).
4. Click the Search icon select the CIF/Party Id from the list
   The Search Party – Individual screen is displayed.

   Figure 1-15 Search Party – Individual

   
   

   
   Description of "Figure 1-15 Search Party – Individual"

   
   

   Note:

   The user should have the required access to add a party within a customer access group as relationship. For more details, refer Oracle Banking Party Configuration User Guide.
5. Click Next after CIF/Party Id is specified.
   The Add relationship screen displays.
6. Specify the Relationship specific attribute.
   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-17 New Service Member - Field Description

   Field	Description
   Party Relationship	Relationship type of the party relationship. Entity Code: SMR
   Related Party Relationship	Relationship type of the related party. Related party relationship is populated based on selected party relationship. Entity Code: FNP, LGD, SPO, CHL, FDT, PTR, LWD

   Note:

   The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.

   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-18 Household - Field Description

   Field	Description
   Party Relationship	Relationship type of the party relationship. Entity Code: DTY
   Related Party Relationship	Relationship type of the related party. Related party relationship is populated based on selected party relationship. Entity Code: SPO, FTR, MTR, SON, DAU, GRD, WD, GRP, GRC
   Is Dependent	Is household party dependent on party relationship.

   Note:

   The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.

   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-19 Power of Attorney - Field Description

   Field	Description
   Associated Since	Association start date of power of attorney with party relationship.
   Preferred	Is record the preferred POA.

   Note:

   Refer to the Oracle Banking Party Configurations User Guide for entity maintenance.

   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-20 Related to Insider - Field Description

   Field	Description
   Party Relationship	Relationship type of the party relationship. Entity Code: DTY
   Related Party Relationship	Relationship type of the related party. Related party relationship is populated based on selected party relationship. Entity Code: SPO, FTR, MTR, SON, DAU, GRD, WD, GRP, GRC

   Note:

   The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.

   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-21 Guardian - Field Description

   Field	Description
   Party Relationship	Relationship type of the party relationship. Entity Code: DTY
   Related Party Relationship	Relationship type of the related party. Related party relationship is populated based on selected party relationship. Entity Code: SPO, FTR, MTR, SON, DAU, GRD, WD, GRP, GRC
   Preferred	Flag for preferred guardian.

   Note:

   The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.

   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-22 Custodian - Field Description

   Field	Description
   Party Relationship	Relationship type of the party relationship. Entity Code: CDN
   Related Party Relationship	Relationship type of the related party. Related party relationship is populated based on selected party relationship. Entity Code: GRP, ANT, UCL, GRD, OTR, WD, PTR
   Preferred	Flag to identify, if custodian is a preferred custodian for a minor party.

   Note:

   The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.

   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-23 Solicitor - Field Description

   Field	Description
   Registration Number	Specify the registration number of the solicitor.
   Preferred	Flag to identify, if solicitor is a preferred solicitor for a party.
   Remarks	Remarks for the solicitor relationship.

   Note:

   Refer to the Oracle Banking Party Configurations User Guide for entity maintenance.

   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-24 Related Party - Field Description

   Field	Description
   Party Relationship	Relationship type of the party relationship. Entity Code: RPP
   Related Party Relationship	Relationship type of the related party. Entity Code: RSP
   Relationship Sub Type	Relationship sub-type of party relationship with related party. Entity Code: RRS
   Remarks	Remarks for the solicitor relationship.

   Note:

   The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.

New Party

A new party will be onboarded as a non-customer to be added as a relationship during the party onboarding process.

7. Click on the + button to specify the details.
   The Add ID Details pop-up screen is displayed.
8. On the Add ID Details pop-up screen, specify the fields. For more information on fields, refer to the field description table.
   For more information on fields, refer to the field description table.

   Note:

   The fields marked as Required are mandatory.

   Table 1-25 ID Details - Field Description

   Field	Description
   ID Type	The specific type of identification document provided by the party (example Passport, National ID, Driver’s License). Entity Code: ITY
   ID Status	The current verification status of the identification document provided by the party (example Verified). Entity Code: IDS
   Unique ID	A unique identifier assigned to the party for identification and reference purposes.
   Place of issue	The location or authority that issued the identification document of the party.
   Valid From	The start date of the validity period of the identification document.
   Valid Till	The end date of the validity period of the identification document.
   Remarks	Additional information or notes related to the party’s identification status or document.
   Preferred	A flag used to mark the preferred ID type record for the party. At-least one ID should be marked as preferred. Only one ID can be marked as preferred

   Note:

   The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.
9. Click and expand the Address section.
10. Click Next to capture the KYC details for the new relationship.
    The Add New Household - KYC Details screen displays.

    Note:

    This step is optional.

    Figure 1-16 Add New Household - KYC details

    
    

    
    Description of "Figure 1-16 Add New Household - KYC details"

    
    
11. Click Verify to update the KYC details for the new related party.
12. Specify the required KYC details.
13. Click Next.
    The Add New Household screen is displayed to add relationship-specific attributes.

    Figure 1-17 Add New Household

    
    

    
    Description of "Figure 1-17 Add New Household"

    
    
14. On the Add New Household screen, specify the KYC details.

    For more information on the fields, refer to the Table 1-17.

15. Click Submit.
    The Relationships screen displays the added relationship details.

    Figure 1-18 Relationships

    
    

    
    Description of "Figure 1-18 Relationships"

    
    
16. Click Next to move to the Educational Qualifications segment.