API Console

Swagger | Microservice

Executive Summary

This service domain maintains a structured legal agreement defining the contractual terms and conditions for an in-force product for a customer. It is subordinate to the customer’s master agreement that is maintained by the Customer Agreement service domain

Examples of Use

An established customer completes the application process for a new lending product and a new sales product agreement is established

Role Definition

The Sales Product Agreement service domain captures and maintains the legal terms and conditions in force for a sold product. The product specific terms and conditions are subordinate to the terms of the customer master agreement that is maintained by the Customer Agreement service domain. The product contractual terms and conditions influence product and service fulfillment for example by defining applicable fees/rates/penalties and selected features/options. Note that there can be other product configuration features that are not contractually binding – these features are maintained in the associated product/service fulfillment service domain directly 

Related Business Scenarios

Handle Bulk Request for Opening Salary Accounts
Set Up New Card for Card Application
EXT Handle Request for Preferential Rates for Corporate Current Account
EXT Handle Request to Detach Account from Corporate Payroll Service Agreement
EXT Handle Request for High Volume Virtual Account Opening
Handle Request for Notional Pooling Agreement
Handle Request to Open Term Deposit Agreement
EXT Handle Request to Add Signatory to Corporate Current Account
EXT Handle Request to Open Virtual Account
Handle Request for Power of Attorney
Handle Request to Use Direct Debits as Payment Instrument
EXT Handle Request to Change Corporate Current Account Ownership
Handle Request to Open Savings Account
EXT Handle Request to Close Virtual Account
EXT Handle Request for High Volume Account Opening
Handle Request to Close Corporate Current Account
EXT Handle Request to Open Corporate Current Account
EXT Handle Bulk Request for Opening Salary Accounts
EXT Handle Request to Change Term Deposit Agreement Conditions
EXT Handle Request to Change Virtual Account Ownership
Handle Request to Change Term Deposit Agreement Conditions
Handle Request to Detach Account from Corporate Payroll Service Agreement
Perform Closing of Uncollateralised Consumer Loan
Handle Request to Establish Corporate Payroll Service Agreement
EXT Handle Request to Use Direct Debits as Payment Instrument
Change Operational Current Account Product
EXT Handle Instruction to Terminate B2B Direct Debits Service at Creditor Bank
Handle Request to Add Related Party to Corporate Current Account
Handle Request for Early Payback of Consumer Mortgage Loan Due to Sale of Property for Bank as Servicer
EXT Process Closing of Uncollateralised Consumer Loan
Handle Request to Establish Term Deposit Agreement
EXT Handle Request to Open Term Deposit Agreement for Retail Customer
EXT Handle Request to Open Retail Current Account
Handle Request for Credit Facility
Process Modification of Merchandising Loan
EXT Handle request for Corporate Debit Cards Service
Handle Request to Open Retail Current Account
Handle Request to Open Corporate Current Account
Handle Instruction to Terminate B2B Direct Debits Service at Creditor Bank
EXT Handle Request to Close Corporate Current Account
Handle Request for Investment Plan
Handle Request for Corporate Sweep Agreement
Handle Request for Preferential Rates for Corporate Current Account
Handle Request for Corporate Sweep Agreement Considering Inter-Company Loan Agreements
EXT Process Closing of Merchandising Loan
EXT Handle Request to Establish Term Deposit Agreement

Core Business Object

Product Sales Agreement

Key Features

  • Set-up and maintain the customer sales product agreement
  • Ensure legal, regulatory and corporate considerations are covered
  • Determine if proposed actions are covered by the agreement