API Console

Swagger | Microservice

Executive Summary

This service domain handles the set-up and fulfillment of consumer fixed term deposits including the handling of all associated services and fees.

Examples Of Use

A consumer customer establishes a term deposit in order to obtain a higher interest rate for excess funds they do not anticipate needing over the term of the deposit.

Role Definition

Orchestrate the different flavors of a consumer deposit accounting facilities (including savings, term or demand) including the handling of associated services and fees.

Related Business Scenarios

 Handle Request for Power of Attorney
 Handle Request to Open Term Deposit
 Handle Request to Change Term Deposit Conditions
 Handle Request for Early Renewal of Term Deposit
 Handle Request for Early Closing of Term Deposit
 EXT Handle Request to Open Term Deposit
 EXT Handle Request for Early Closing of Term Deposit
 Process Maturity of Term Deposit
 Handle Request to Change Term Deposit Attached Current Account
 Analyse Product Portfolio Performance

Core Business Object

 Deposit Account Agreement

Key Features

  • Establish the term deposit
  • Apply interest and fees to the account
  • Process early maturing if requested
  • Handle final payment or rollover at scheduled maturing date