27/04/21 Open Current Account (Corporate)

TEMENOS Banking Reference Processes

Open Current Account (Corporate) Last change: 17-Mar-2021 12:05:15
Type: EPC

Set Up/ Amend Create Main

Manage Customer Create Sub
Create Customer Pool & Groups Account & Set up
Engagements Account (Notional
Record (Corporate) (Transactional Group Hierarchy
(Corporate) Pooling)
Pooling) (Notional Pooling)

New current New current New current

Product details Product details
account to be account to be account to be
agreed agreed
created created created

Account opening
form

ACCOUNT,C Open current Customer RM

A.OPEN account (Corporate)

ACCOUNT,A Authorise account Customer RM

UTH opening (Corporate)

Create current
AC account

SYS

Request for initial

deposit and Customer RM
confirm services (Corporate)
required

Debit card to be Standing order to Online Channels

Cheque book to Customer
issued for new be set up for user ID to be Mandate provided
be issued for requests
Corporate new Corporate created for the by corporates
new Customer overdraft limit
Customer Customer new Customer

Create Online
Issue Cheque Book Issue Debit Card Set Up Standing Manage Mandates Verify eligibility of
Channels Corporate Customer RM
(Corporate) (Corporate) Order (Corporate) Customer for
User (Corporate)
overdraft

Customer
eligibility for
overdraft to be
Initial deposit
Initial deposit verified
No initial deposit through account
through cheque
required transfer
(Corporate)
(Corporate)

Set Up Limit
(Corporate)
Complete Corporate Manage Account To
Verify External
Current Account Account Transfer
Cheque (Domestic)
Opening (Corporate)

Temenos R21 Proprietary & Confidential 1